Portugal considers dropping ‘golden visas’ ...News

Russia Today - Economy
Portugal considers dropping ‘golden visas’
The scheme to attract wealthy investors has “probably” already fulfilled its purpose, the Portuguese PM says Portugal might be ending its “golden visa” scheme, which provides residence permits in exchange for investments, Portuguese Prime Minister Antonio Costa has said. The scheme, which has been running since 2012, may have already “fulfilled its function,” the PM told the Web Summit on Wednesday. “There are programs that we are currently reevaluating and one of them is the golden visa program, which has probably already fulfilled its function and for which there might at this point no longer be any justificatio

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