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IMF Positive on Grenada

IMF Positive on Grenada

From March 15-22, 2017, a team from the IMF visited Grenada to conduct discussions on the Sixth Review of Grenada’s IMF-supported program under the Extended Credit ...

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Bulgarian Citizens Allowed Visa-Free Entry to Canada in 2017

Bulgarian Citizens Allowed Visa-Free Entry to Canada in 2017

Starting May 2017 Bulgarian citizens will be able to travel visa-free to Canada. The new regulation will apply to those who hold a valid visa to the USA, have traveled to...

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AL Habtoor's Chairman Recommends Hungarian Investment Climate

AL Habtoor's Chairman Recommends Hungarian Investment Climate

  The United Arab Emiratesʼ Al Habtoor Group’s chairman Khalaf Ahmad Al Habtoor recommends Hungaryʼs investment environment for the ease of doing business and its healt...

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Portugal’s National Health Service overtakes UK and Spain

Portugal’s National Health Service overtakes UK and Spain

In an international survey into European national health systems, Portugal’s National Health Service (SNS) has fared better than a number of European ones, including the UK&r...

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Portugal Golden visa Investment Inflow Jumps 87.5% in 2016

Portugal Golden visa Investment Inflow Jumps 87.5% in 2016

The inflow of funds into Portugal attracted by the country's 'golden visa' fast-track residency program for big foreign investors rose 87.5% last year to €874 mill...

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Hungary to Freeze Residency Bonds Program Last chance to Apply is End of Feb 2017

Hungary to Freeze Residency Bonds Program Last chance to Apply is End of Feb 2017

According to a news release by the Hungarian Special Debt Fund, due to the favorable financial situation of the country, the issuing of the Hungarian Residency Bonds will soon...

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Hungary Permanent Residence for only €125,000

Hungary Permanent Residence for only €125,000

Following the recently announced moratorium on the Hungarian Residency Bond Program and the upcoming March deadline for new applications, Business Magnet is happy to anno...

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TAP to Launch New Routes in 2017

TAP to Launch New Routes in 2017

National airline TAP is to launch 11 new routes next year, mainly to Europe, as part of the flag-carrier’s growth plan.   In a meeting with airline employees to ou...

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Golden Visa Investments Attracts Investment of €2.4 bln in Four Years

Golden Visa Investments Attracts Investment of €2.4 bln in Four Years

Portugal’s so-called Golden Visa scheme has attracted total investment of €2.4 billion since it was created in 2012, with most investors coming from China, according to ...

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Portugal Exporting Energy to France

Portugal Exporting Energy to France

Energy supplies from the Iberian Peninsula to France have sky-rocketed following the closure of several of the country’s nuclear reactors.   The increased demand from ...

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Renault Announces Massive Investment for Portugal

Renault Announces Massive Investment for Portugal

French car manufacturer Renault has announced a 150 million euro investment in Portugal.   The news was made official at the Aveiro assembly plant in Cacia, which will see i...

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Portugal Golden Visa – Update

Portugal Golden Visa – Update

In November, 249 new Golden Visa applications were granted - 77 for main applicants and 172 for family grouping.  The 2016 total-to-date is 3391 approvals vs 2015 year-to...

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