

Portugal Tightens Citizenship Rules, Doubles Wait Time for Foreigners
Portugal has announced significant changes to its citizenship laws, doubling the residency requirement for most foreign applicants from five to ten years.
Switzerland is located almost in the center of Europe and is distinguished by very high standard of living, being one of the richest countries in the world, as well as by cultural diversity. Safety, social development, tourist attraction with a gastronomic aftertaste are the features of this country. Due to its economic and political stability, a transparent and fair legal system, Switzerland is an attractive destination for starting a business. Moreover, reliable and expandable infrastructure as well as efficient capital markets play significant role in this process. Above all, the country is characterized by lower tax rates. Taxes are levied at federal, cantonal and municipal levels, being among the lowest in the European region, both for individuals and for legal entities.
Switzerland places much focus on international investment as it’s important for economic growth. Meanwhile, it receives great capital investments from abroad and the number of investors interested in opening companies in Switzerland is steadily increasing.
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Portugal has announced significant changes to its citizenship laws, doubling the residency requirement for most foreign applicants from five to ten years.
Prime Minister Hon. Dr. Terrance Drew has unveiled sweeping changes to the federation's Citizenship by Investment (CBI) Programme, marking the most significant reforms in the programme's 40-year history.
In a landmark decision poised to reshape regional tourism, the six member states of the Gulf Cooperation Council (GCC) – the United Arab Emirates, Saudi Arabia, Bahrain, Qatar, Oman, and Kuwait – have formally approved the implementation of a unified tourist visa.