Golden Visa & Immigration Updates: Top 10 News Today – February 15, 2025
Published Date: 15th Feb, 2025Portugal Accelerates Golden Visa Processing
Portugal has implemented a digital system to expedite its Golden Visa applications, addressing previous delays that affected the program's reputation. The new system allows investors to track their applications online and ensures biometric appointments are scheduled within 30 to 90 days of submission. This initiative aims to enhance efficiency and restore confidence in the Residence Permit for Investment Activity (ARI) scheme.
Spain's Golden Visa Program to Conclude in April 2025
Spain has officially announced the termination of its Golden Visa program, effective April 3, 2025. Introduced in 2013, the program offered residency to non-EU investors purchasing properties worth at least €500,000. The decision to end the program stems from concerns over housing affordability and its impact on local communities.
New Zealand Eases Investor Visa Requirements
In a bid to attract foreign investment, New Zealand has relaxed its "golden visa" rules by removing the English-language requirement and reducing the mandatory residency period. The revised scheme targets investors willing to commit at least NZ$5 million directly into New Zealand businesses. This policy shift aims to rejuvenate the economy by welcoming high-quality investors.
Dubai's Golden Visa Empowers Content Creators
Dubai has expanded its Golden Visa program to include content creators and influencers, offering them a 10-year residency. Supported by the Creators HQ initiative, this move provides global talents with the stability to focus on their craft in a city renowned for innovation and collaboration.
UK Restricts Citizenship for Irregular Migrants
The UK Home Office has introduced new rules barring refugees who arrive via "dangerous" or irregular routes from claiming citizenship. Effective February 10, 2025, individuals entering through means such as small boats will likely be refused citizenship, reflecting the government's stringent stance on illegal immigration.
Australia Considers Reinstating 'Golden Ticket Visa'
Australian opposition leader Peter Dutton has proposed reintroducing the 'Golden Ticket Visa,' allowing wealthy foreign investors to obtain residency by investing significantly in the country. Critics argue this could exacerbate housing affordability issues, as it may enable affluent foreigners to purchase Australian real estate, potentially driving up property prices.
US DOJ Sues New York Over Sanctuary Policies
The U.S. Department of Justice has filed a lawsuit against New York State, Governor Kathy Hochul, and Attorney General Letitia James over the state's sanctuary policies. The lawsuit challenges the "Green Light Law," which grants driver's licenses to undocumented immigrants and restricts information sharing with federal immigration authorities, citing concerns over federal law obstruction.
Chicago Strengthens Immigrant Protections Amid Federal Pushback
Chicago officials, supported by Illinois state leaders, are enhancing protections for immigrants in response to federal mass deportation efforts. Utilizing state laws like the 2017 Trust Act, which limits local cooperation with ICE, the city faces legal challenges from the federal government but remains committed to safeguarding immigrant communities.
Spain Considers Taxing Non-Resident Property Buyers
Spanish Prime Minister Pedro Sánchez has proposed imposing a 100% tax or an outright ban on property purchases by non-resident, non-EU buyers. This initiative addresses public concerns over housing shortages and the impact of short-term rentals on local communities, aiming to make housing more accessible to residents.
ICE Raids Disrupt US Industries Dependent on Migrant Labor
Increased ICE raids under the current U.S. administration are causing significant disruptions in industries reliant on migrant labor, such as construction, food services, and healthcare. The heightened enforcement has led to labor shortages, operational challenges, and potential inflationary pressures as businesses struggle to fill positions amid rising absenteeism and fear within immigrant communities.
Date: 15th Feb, 2025