Deputy Prime Minister Paulo Portas said today that one of the central objectives of the reform of the allocation visa program ‘gold’ aim to ensure “greater scrutiny” in the allocation thereof, “both in education and in the decision “.
Paulo Portas made changes to the system of residence permits for investment activity (ARI), which result in visa ‘gold’, also known as golden seen.
“The key objectives of the reform that the government will propose to parliament are essentially two: ensure greater supervision both in education and in the decision to grant the visa called ‘gold’, internal audit and external audit,” said the ruler
“Second, open the range of possibilities offered by so-called visa ‘gold’, in view of an economy that is already growing and an investment idea that includes real estate, but goes beyond real estate, and opens opportunities to obtain financing and investment in other important sectors of our development, “added Paulo Portas
The supervision of the allocation of gold has seen seven measures:. a regular audit of IGAI – General Inspectorate of the Interior to residence procedure for investment activity, being given the conclusions and recommendations to the First Committee of the Parliament and publication thereof in the Government’s web page; an internal procedure manual prepared by the SEF. – Foreigners and Borders Service on the handling of the case of ARI and specifying the powers of the Monitoring Group
It also provides for the education decentralization process so as to be instructed in the territorially competent regional offices.
The decision of the National SEF director, said the deputy prime minister, to grant visa ‘gold’ “shall be preceded by the Director of the proposal competent regional “.
The new system also includes consular verification of evidence or other objective factors of the permit application, the request of the SEF and the requirement for presentation of book building, allowing you to compare the Property acquisition value, with its taxable value.
Paulo Portas emphasized that “residence permits for investment already amounted to two years of operation” and the “availability [Government] to improve and enhance the system immediately is part of a policy evaluation principle and, on the other hand, benefits from the debate that emerged in the second half of 2014 “.
The official pointed out that the visa regime ‘gold ‘brought to Portugal by the end of January up to 1,270 euros of investment and “left” in Portugal “more than 100 million tax euros, ie, stimulated private investment and brought revenue to the Treasury.”
He recalled that “about 13 or 14 countries with residence permits schemes linked to investment that are similar or even identical in certain areas, neither more nor put to him that Portugal adopted: Spain, UK, Ireland , Belgium, Austria, Romania, Hungary, Cyprus, Latvia, Bulgaria, Czech Republic, Malta, the Netherlands and Portugal. “
So, is” to us quite clear that the wealth of attraction that can be done in this way, which does not come to Portugal, will evidently to other countries that compete legitimately with us, “he added, noting that seen ‘gold’ are” just one of several financing funding instruments, not even being the main “.
Lusa / SOL
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