International

Q1:

Which country plans to adapt its golden visa scheme to assist migrants by allowing wealthy foreigners to invest in property?

A Spain

B Italy

C Greece

D Portugal

ANS:D - Portugal

Portugal plans to adapt its golden visa scheme to assist migrants by allowing wealthy foreigners to invest in affordable housing for locals or migrants, complementing the golden visa scheme that has attracted over 7.3 billion euros since 2012. The Government aims to increase the availability of residential buildings for both citizens and migrants, thereby alleviating the housing crisis. Under the adapted scheme, wealthy foreigners seeking residency rights will have the option to invest in funds, contribute to cultural or research projects, or create jobs by investing in affordable housing for locals or migrants.



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