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Answer : 4. "Netherlands"
Which European country announced to discontinue its 'Golden Visa Initiative' from 2024?
5Q:
Which European country announced to discontinue its 'Golden Visa Initiative' from 2024?
- 1Indiafalse
- 2Sri Lankafalse
- 3South Africafalse
- 4Netherlandstrue
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Answer : 4. "Netherlands"
Explanation :
Launched in 2013, the Dutch Golden Visa initiative was designed to stimulate the economic development of the Netherlands. Under the program foreign investors were required to contribute a minimum of €1,250,000 to Dutch businesses. The program was in line with the goals of many other countries that offer similar investment schemes. However, from January 2024, the Netherlands will discontinue its ‘Golden Visa’ programme.