Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 640)
640.
Which country plans to adapt its golden visa scheme to assist migrants by allowing wealthy foreigners to invest in property?
Spain
Italy
Greece
Portugal
Answer: Option
Explanation:
Portugal intends to modify its golden visa scheme to aid migrants by permitting affluent foreigners to invest in property, thus introducing a "solidarity visa" alongside the existing program. This adjustment aims to offer residency rights to non-EU nationals who invest in Portugal. Since its inception in 2012, the golden visa scheme has successfully attracted over 7.3 billion euros ($7.94 billion) in investment funds.
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