Following days of chaos at Dubai International Airport, the head of Emirates Airline has published an open letter, offering his “most sincere apologies to every customer who has had their travel plans disrupted”.
15.04.2024 - 15:25 / euronews.com
Getting the right to live and work in another country can be a long and difficult process. But that’s not always the case for those with money to spend.
Golden visas offer the opportunity for wealthy people to essentially ‘buy’ the right to residency - sometimes without even having to live in the country.
And their popularity in the European Union is growing as people look to move away from political decisions such as Brexit that may limit their rights.
With the unsettled political and social environment in the US in recent years, applications for golden visas from Americans were also projected to increase.
But golden visas are now gradually being phased out across Europe. Portugal amended its scheme in October, removing real estate investment as a basis for golden visa applications in the hope of reducing property speculation.
In the same month, the Netherlands announced it will end its golden visa scheme in January 2024.
Spain has announced plans to follow suit. The country had already proposed toughening the requirements for its golden visa last year, and in December the government's junior coalition partner Sumar voiced support for scrapping the scheme. Now, it is removing the option of investing in real estate in return for a visa.
So what exactly are these golden visa schemes and why has the EU raised questions about their safety in recent years?
Residence by investment schemes, otherwise known as ‘golden visas’, offer people the chance to get a residency permit for a country by purchasing a house there or making a large investment or donation.
Any applicants must be over the age of 18, have a clean criminal record and have sufficient funds to make the required investment.
There are also golden passports, known officially as citizenship by investment programs, that allow foreigners to gain citizenship using the same means.
For countries in the EU, this also means gaining access to many of the benefits of being a resident of the bloc - including free movement between countries.
In 2022, the European Commission called on EU governments to stop selling citizenship to investors.
Though this is different to golden visas, which offer permanent residency rather than citizenship, the call came as part of a move to crack down on this combined multi-billion euro industry. In the wake of the Ukraine war, there were concerns that these schemes could be a security risk.
Brussels also called for countries to double-check whether people sanctioned due to the war were holding a golden passport or visa that they had issued.
In the past, the EU has also said that schemes of this kind are a risk to security, transparency and the values that underpin the European Union project.
In October 2022, the European Commission urged
Following days of chaos at Dubai International Airport, the head of Emirates Airline has published an open letter, offering his “most sincere apologies to every customer who has had their travel plans disrupted”.
This as-told-to essay is based on a conversation with Karen Edwards , who blogs about her family's travels around the world. The following has been edited for length and clarity.
The city of Amsterdam will ban nearly all new hotels and restrict the number of tourists who can stay overnight each year in its latest effort to combat overtourism.
In its 25th year of judging airports based on passenger surveys, the aviation ranking website Stytrax revealed on Thursday the world's best airports for 2024.
Skytrax has released its annual ranking of the world's best airports — and if you're a frequent flyer it may come as little surprise that none in the US made the top 20.
In a mountain town about three hours outside of Mexico City, I sat on the floor of a thatched-roof palapa with blankets wrapped around me as a facilitator (both a researcher and medicine woman) sang soothing chants. A few hours earlier, I had declared my intention for our ayahuasca journey—that I want to live a big, meaningful, impactful life and am willing to release anything that does not serve that vision. By the end of the ceremony, where I took about three cups of the brew during the six hours between sunset and dawn, the message I received was that life is meaningless—that I might as well do whatever I want while I’m here.
After Scott Kirby, the CEO of United Airlines, hinted the carrier would reconsider its Boeing 737 Max 10 on order earlier this year, the airline has now confirmed that it will adjust its fleet strategy.
The United States' 63 national parks draw huge crowds.
While getting to Sedona might require more planning than most U.S. destinations, at least the journey here is an unforgettable one. Like most Americans, you’ll probably fly into Phoenix Sky Harbor International Airport, then hop into a car and cruise down Arizona State Route 89A for two hours.
From crystalline karst lakes in Croatia to soaring sandstone columns in Greece, UNESCO has announced the addition of 18 new sites to its Global Geoparks network. The list of geographical areas with international geological significance now numbers 213 locations across 48 countries.
Over the past 100 years of shuttling people around the globe in metal flying machines, the world's aviation network has grown into a vast web of intersecting routes that connect nearly every corner of the globe.
A notable demographic shift, particularly among young upwardly mobile women, is driving the recent travel rebound in China. These travelers are researching and booking trips online, often spontaneously.