PORTUGAL: Portugal toughens migration rules ahead of upcoming EU elections

The Portuguese government has put an end to an exceptional regime that allowed foreigners to enter Portugal and then apply for a residence permit.

Portugal announced a new plan to toughed immigration rules on Monday.

The Portuguese government put an end to the regime that allowed foreigners to enter the country and only then apply for a residence permit.

They also announced the creation of a structure to settle an estimated 400,000 pending residency cases.

From now on, it will no longer be possible for a foreigner with a tourist visa to apply for legalisation in Portugal.

“We want to put an end to some mechanisms that have become an excessive abuse of our willingness to receive,” said the Portuguese Prime Minister Luis Montenegro. “That end is today.”

The announcements come days before millions of European head to the polls to vote for their representatives in the European Parliament – in an election widely anticipated to tilt the bloc to the right.

13 June 2024

EU: Europe steps up its fight against fraud

European watchdogs have long been focusing on enforcement against corporate crime with a great focus on anti-corruption, economic sanctions and money laundering. In recent years, a new focus is emerging

Read More
16 August 2024

PANAMA: Panama to join international tax convention on Thursday – OECD

Panama will take a big step towards ending its status as an offshore tax haven on Thursday by signing a multilateral convention to share foreign taxpayer details with other governments, the OECD’s

Read More
1 November 2024

US: New Beneficial Ownership Information Reporting Requirement

The Financial Crimes Enforcement Network (FinCEN, a part of the U.S. Treasury) has new federal reporting requirements for Beneficial Ownership Information (BOI) that may impact bookstores. It requires

Read More
13 March 2024

NETHERLANDS: Bangladesh-Netherlands sign deal to amend double tax avoidance agreement

Bangladesh on Tuesday signed a fresh agreement with the Netherlands to amend the existing double taxation avoidance and prevention of tax evasion agreement by making changes in some articles to widen

Read More