The amount invested by foreign citizens through this program declined to around 247 million euros, writes the public this Thursday, August 20th. In July, it issued only 10 visas. All the Chinese.
In July this year were only issued 10 visas “gold”, known formally as residence permits for the Purpose of Investment, writes Público Thursday , August 20. Were all attributed to Chinese citizens.
Thus, worsens the downward trend observed since the end of 2014, after the alleged corruption scandal in receiving visas.
From January to July this year, the value of investment in the issuing of such visas has fallen 70% over the same period, from EUR 817 million to 247 million. In total, were issued 408 residence permits, less than half of the 1,526 in the same period.
In July, the Foreigners and Borders Service suspended the emissions for two weeks for lack of legal framework between the previous and the new legal regime. This month, investment was up by 5.6 million euros
The investigations into alleged corrupt practices in the issuance of such visas. – Known as Operation Labyrinth – led to the arrest of senior officials of public administration and the resignation of Minister of Internal Affairs Miguel Macedo.
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