Global Immigration and Golden Visa News Highlights
Published Date: January 17, 2025, 10:00 AM
Portugal Adjusts Golden Visa Program Amid High Demand
Portugal has announced a €500,000 minimum investment threshold for real estate in low-density regions under its Golden Visa program. The changes aim to balance economic benefits while redirecting investors to underserved areas. The program continues to offer access to EU residency, a major draw for global investors.
Canada Expands Express Entry to Include STEM Professionals
Canada’s Express Entry system now prioritizes STEM workers, introducing a new stream for tech professionals. The move reflects Canada’s growing demand for AI, engineering, and IT specialists, with expedited permanent residency pathways. Candidates with advanced degrees or specialized experience are particularly favored
Greece Increases Minimum Investment for Golden Visas
Greece has raised its real estate investment threshold from €250,000 to €500,000 for Golden Visa applicants in high-demand areas like Athens. This aims to manage urban housing demand while boosting investments in other regions. Investors still enjoy access to the Schengen Zone and visa-free travel benefits.
United States Expands EB-5 Investor Visa Options
The U.S. has introduced additional target employment areas (TEAs) for its EB-5 Investor Visa program, making it easier for investors to qualify with a $500,000 investment. These include rural and high-unemployment areas, promoting regional development. Benefits include permanent residency for the investor and their family.
Dubai Announces 10-Year Golden Visa for Entrepreneurs
Dubai has launched a 10-year Golden Visa program for tech entrepreneurs and startup founders, emphasizing innovation-driven businesses. Eligible applicants must demonstrate a proven business track record or secure VC funding. The initiative aims to position Dubai as a global hub for entrepreneurship.
Ireland Suspends Immigrant Investor Program
Ireland has paused its Immigrant Investor Program (IIP), citing an evaluation of its economic impact. Since its inception, the IIP attracted €1.2 billion in investments, primarily in real estate and education projects. The government plans to assess long-term benefits before reopening applications.
Australia Unveils New Pathway for Regional Skilled Migration
Australia has introduced a Regional Work Visa targeting skilled professionals willing to settle in less populated areas. Applicants with occupations in agriculture, healthcare, or education sectors receive priority. This program addresses labor shortages in regional communities.
Spain’s Digital Nomad Visa Gains Momentum
Spain’s new Digital Nomad Visa, requiring a minimum income of €28,000 annually, is attracting remote workers globally. Benefits include residency for up to five years, access to healthcare, and tax incentives. The program strengthens Spain’s appeal as a top destination for remote professionals.
Singapore Simplifies Entry for High-Net-Worth Individuals
Singapore has streamlined its Global Investor Program (GIP), enabling faster approval for applicants with S$10 million in business or personal investments. The program offers Permanent Residency, with a focus on boosting local business development.
Turkey Ends Citizenship by Investment via Real Estate
Turkey has ceased its citizenship-by-investment option through real estate purchases, previously set at $400,000. The move follows concerns over urban housing inflation. Alternative investment options, including fixed capital and business creation, remain available.
Date: January 17, 2025, 10:00 AM
