On March 12, stock markets experienced a record drop in quotations. The leading American indexes lost 9.5–10 %, European ones fell by 12-17 %, and Russian ones fell by 8.3-11 %. For the first time in four years, the dollar exchange rate reached 75.5 rubles, and the Euro exchange rate exceeded 84 rubles. Investors are responding to the threat of isolation due to the spread of the coronavirus.
On Thursday, March 12, trading on us exchanges led to a rapid drop in quotations and the renewal of multi-year lows. Continue reading
Russians became the second among foreigners in the number of residence permits in Spain received for investment
The share of Russians in the Golden visa program in Spain is close to 25 %. Russian citizens in terms of the number of residence permits received for investment are second only to the Chinese, writes Investment Migration Insider.
The Spanish residence permit program for investment in 2019 broke the record for the number of main applicants. According to the Spanish labor Ministry, the number of investors rose to 1,422 last year. While in 2018, 1,188 main applicants received the “Golden visa”. Continue reading
The decrease in the minimum investment required to obtain a country’s passport has led to a boom in the Turkish real estate market, writes Daily Sabah.
According to the Turkish interior Ministry, 5,111 foreign investors have received the country’s passport since the citizenship-by-investment program fell four times in price. Almost 9,000 more applications are still under review, says interior Minister Suleyman Soylu. In addition, another 1,382 investors have completed the process, but have not yet received the documents, he added. Continue reading