Post by account_disabled on Mar 16, 2024 6:09:40 GMT
The Ministry of Inclusion, Social Security and Migration is studying toughening, and even eliminating, the granting of residence permits for foreigners who buy a home in Spain worth 500,000 euros, also known as 'golden visa'. These residence visas for foreign investors were introduced with Law 14/2013, supporting entrepreneurs and their internationalization, under the Government of Mariano Rajoy. And at a time when the real estate sector was going through its 'annus horribilis'.
According to the newspaper El País , the objective of the ministry led by José Luis Escrivá is to raise the bar of the system by which residence permits are granted to foreigners: one way is to increase the minimum investment from 500,000 to 1 million euros and another is to directly eliminate residence permits in exchange for investment in houses.
This is a measure that is being negotiated together Phone Lead with Más País, the party led by Íñigo Errejón. In his opinion, these visas cause housing prices to rise "brutally" in many areas of the country in an "artificial" way. "It seems to us that this is morally harmful and places Spain as a colony that attracts black money," stressed the leader of Más País.
Eliminating these 'golden visas' has been and is one of the flagship proposals of Más País. In February the party presented a bill along the same lines, and even took advantage of the final phase of the processing of the Housing Law to introduce an amendment that would eliminate these visas. However, the proposal was rejected in Congress.
This residence permit for foreigners can also be obtained if investments of more than one million euros are made in deposits or shares of Spanish capital companies, or more than two million in state bonds.
Errejón does support maintaining the 'golden visa' for foreign investors who buy Spanish debt worth two million euros or who develop a business project in Spain.
The artist will present the project “ South Circular ”, a reflection on the city of Lisbon, more specifically the military defensive wall that was built in 1899 to keep the French away from the Portuguese capital and that, a century later, became a territory inhabited by Africans from former Portuguese colonies along with people from rural areas without the means to live in the desired prosperity.
This fortified line, called Campo de Trincheras, consists of a circular line that surrounds the northern side of the Portuguese capital and runs along a large part of the southern shore. In these spaces the artist Mónica de Miranda visited ruins, and the areas newly inhabited by African communities and developed a narrative and visual framework of places and moments of historical significance, where memory, nostalgia and the vision of the modern city coexist. And its inhabitants.
According to the newspaper El País , the objective of the ministry led by José Luis Escrivá is to raise the bar of the system by which residence permits are granted to foreigners: one way is to increase the minimum investment from 500,000 to 1 million euros and another is to directly eliminate residence permits in exchange for investment in houses.
This is a measure that is being negotiated together Phone Lead with Más País, the party led by Íñigo Errejón. In his opinion, these visas cause housing prices to rise "brutally" in many areas of the country in an "artificial" way. "It seems to us that this is morally harmful and places Spain as a colony that attracts black money," stressed the leader of Más País.
Eliminating these 'golden visas' has been and is one of the flagship proposals of Más País. In February the party presented a bill along the same lines, and even took advantage of the final phase of the processing of the Housing Law to introduce an amendment that would eliminate these visas. However, the proposal was rejected in Congress.
This residence permit for foreigners can also be obtained if investments of more than one million euros are made in deposits or shares of Spanish capital companies, or more than two million in state bonds.
Errejón does support maintaining the 'golden visa' for foreign investors who buy Spanish debt worth two million euros or who develop a business project in Spain.
The artist will present the project “ South Circular ”, a reflection on the city of Lisbon, more specifically the military defensive wall that was built in 1899 to keep the French away from the Portuguese capital and that, a century later, became a territory inhabited by Africans from former Portuguese colonies along with people from rural areas without the means to live in the desired prosperity.
This fortified line, called Campo de Trincheras, consists of a circular line that surrounds the northern side of the Portuguese capital and runs along a large part of the southern shore. In these spaces the artist Mónica de Miranda visited ruins, and the areas newly inhabited by African communities and developed a narrative and visual framework of places and moments of historical significance, where memory, nostalgia and the vision of the modern city coexist. And its inhabitants.