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Successful applicants and their family can apply for a green card. The EB-5 visa program, which is also called as the Golden Visa program, requires applicants to invest between US$900,000 and US$1.8 million, depending on the location of the project, and requires at least 10 jobs to be either created or preserved. [40] [41]
The scheme began in 2012. [6] [7] By 2024, the country has received 7.3 billion euros of funds through the program.[8]In August 2019, according to SEF, Chinese investment in Portugal under the scheme was down during the first eight months of 2019 a decrease of 15.7 percent from the same period of 2018.
Citizens of India with an ordinary passport valid for 6 months from the arrival date with a visa issued by the USA which is valid for a minimum of 6 months may obtain a visa on arrival for a maximum stay of 14 days. They may apply before departure. [33] Indian citizens may extend their stay for an additional 14 days. [22]
Receiving this visa is a prerequisite to apply for a residence permit, which would allow the visa-holder to stay in Hungary for 10 years, extendable by a further 10 years, according to the draft.
Available public data on golden visa applicants and investments is "scarce, scattered, and limited," note Laure Brillaud and Maíra Martini of Transparency International EU, an anti-corruption ...
A "golden visa" is a permanent residency visa issued to individuals who invest, often through the purchase of property, a certain sum of money into the issuing country. Dating back to the 1980s, golden visas became much more popular and available in the 21st century.
Beginning in the 2000s many countries introduced e-visas and electronic travel authorisations (ETAs) as an alternative to traditional visas.An ETA is a kind of pre-arrival registration, which may or may not be officially classified as a visa depending on the issuing jurisdiction, required for foreign travellers who are exempted from obtaining a full visa.
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