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IMF Raises Portugal GDP Growth Projections to 1.7%

IMF Raises Portugal GDP Growth Projections to 1.7%

The International Monetary Fund (IMF) has raised its projections for the Portuguese economy in 2017, and now expects growth of 1.7% this year, compared to a previous projection of ...

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Hungarian Residency Bond Program is Officially Over

Hungarian Residency Bond Program is Officially Over

On March 31, the popular Hungarian Residency Bond Program has been officially over, having been put on moratorium.   The program was initiated in 2014 to assist the country ...

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Lisbon, Porto and Cascais Top National City Brand Ranking

Lisbon, Porto and Cascais Top National City Brand Ranking

The metropolitan cities of Lisbon and Porto and the upmarket town of Cascais have topped an annual, national economic performance ranking by consultancy firm Bloom Consulting, whic...

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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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