On 2nd of November, 2020 the President of Indonesia signed the Law on Job Creation, popularly known as the Omnibus law. This law is the most significant reform in the legislation of Indonesia since the creation of the Civil Code of the country in 1847.
In 2013 Spain launched a visa for long-term stay in its territory for foreigners investing in Spain, popularly called as the Golden visa. Unlike the similar program in Portugal (which we discussed here), Golden visa in Spain can be obtained in a shorter time – the application for this type of residence is considered by the competent authority within 20 days.
Portugal Golden visa program is the most successful program in Europe for obtaining the right of long-term residence for investment as it imposes low requirements for the duration of stay in Portugal (on average, only 7 days per year). If you plan to live in Portugal, it will also be helpful to know that, as a tax resident of Portugal, you will be eligible for a special tax regime — the non-habitual resident regime (NHR) – which will grant you tax relief for most types of non-Portuguese income for a 10-year period.
After the company has received approval from the migration authorities and registered as a company with foreign capital, you can begin the process of obtaining an employment visa for employees. Two options are possible here…
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