No Result
View All Result
Monday, September 25, 2023
24 °c
Tripoli
24 ° Tue
24 ° Wed
25 ° Thu
25 ° Fri
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

5+5 Business Council on agenda in Lisbon, Portugal offers 24 hour visas to business travelers – Portuguese Ambassador

bySami Zaptia
May 17, 2014
Reading Time: 3 mins read
A A
5+5 Business Council on agenda in Lisbon, Portugal offers 24 hour visas to business travelers – Portuguese Ambassador

Portuguese ambassador Isabel (Photo: Sami Zaptia).

12
SHARES
51
VIEWS
Share on FacebookShare on Twitter

By Sami Zaptia.

Portuguese ambassador Isabel (Photo: Sami Zaptia).
Portuguese ambassador Isabel Brilhante Pedrosa says her country is keen to improve relations with Libya (Photo: Sami Zaptia).

Tripoli, 17 May 2014:

As Portugal exists it financial bailout this weekend, Portuguese ambassador to Tripoli, Isabel Brilhante Pedrosa said . . .[restrict]her country was keen to improve relations with Libya.

The ambassador was speaking Wednesday at a lunch gathering of Libyan media organized to promote the 5+5 Lisbon Political and Economic summit of 21-22 May.

She was also speaking to highlight Portugal’s participation in the Libya Build 2014 exhibition starting Monday 19 to 22 May.

RELATED POSTS

Egypt to establish logistic area on its border with Libya to improve bilateral trade

Libya and Tunisia sign MoUs on exhibitions and integration between commercial free zones

Pedrosa admitted that Libya was going through “A challenging period, but we are confident and stand ready to work with the Libya authorities, within the efforts of the international community, to help Libya achieve a successful transition and using our experience of regional integration”.

“We stand ready to share our experiences of 48 years of dictatorship. We too had to create a new constitution and voted for a drafting assembly for a constitution. Therefore, we are ready to share our experiences”, she stressed.

Asked about the limited relationships and trade between the two countries, Pedrosa stressed: “We are committed to increasing Portuguese presence in Libya. It must be kept in mind that the Portuguese embassy was only opened in Tripoli in 2007, so our relationship with Libya is not as strong as others. Our efforts in the last two years is to put Libya on the map in Portugal, and Portugal on the map in Libya”.

“Historically, when Libyans used to think of business, they did not think of Portugal”, she admitted. Portuguese exports to Libya were only Euro 50 m in 2013, a 114 percent increase on 2012, she reveals.”Therefore”, she continued, “in the last two years we have been showing that there are a lot of opportunities in Portugal”.

Taking advantage of the Libyan love of football, Pedrosa said that “Many Libyans like (Real Madrid’s and Portuguese international footballer) Christiano Ronaldo, so we have been showing Libyans that we have other Christiano Ronaldos in other areas”, she stressed.

Meanwhile, looking forward to Monday’s 19th May opening of the Libya Build 2014 exhibition, the Portuguese ambassador said that “Portugal will have a small stand representing 7 registered companies, similar to last year, as well as other companies participating independently”.

Pedrosa pointed out the Aman Bank Espirito Santos partnership and the contract awarded to Ferreira Build Power to build lecture halls in Tripoli University as well as the recently formed Portuguese-Libyan Business Association, are all a good sign of already improving business relations.

She also revealed an agreement with the Ministry of Labour to send 300 students to study for masters degrees, of which 142 had already arrived in Portugal.

The ambassador also reveals that wok is continuing on establishing direct flights between Tripoli and Lisbon.

The Portuguese ambassador was also keen to highlight the “Golden visa” where if an applicant meets certain conditions they can obtain a Portuguese residence which includes travel within the Schengen area.

These conditions include: the transfer of a minimum of Euro 1 million to a Portuguese bank; the creation of 10 jobs in Portugal in an existing establishment or by creating a new company; and the acquisition of real estate valued at Euro 500,000 which must not be sold for five years.

Upon fulfilling all the criteria, the applicant would be granted a temporary 5 year residence which becomes permanent in the sixth year. Meanwhile the owner of the property can rent the real estate and need only spend 7 days a year in Portugal. They would not be liable to taxes during this period if they do not take up full residence in Portugal.

After six years the permanent resident can apply for Portuguese citizenship. This citizenship is extendable to all the members of the family of the Portuguese citizen. This allows full access to free education and free healthcare. [/restrict]

 
Tags: 5+5 Lisbon ForumBusinessEconomicfeaturedLibya Build 2014politicalPortugalschengen visaTrade
Share5Tweet3Share1

Related Posts

Dutch embassy assesses security standards, rules and procedures at Tripoli’s Mitiga airport
Business

Civil Aviation Authority concludes meetings with Turkish Civil Aviation team inspecting airports for possible return of Turkish airliners

September 22, 2023
Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction
Business

Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction

September 22, 2023
Electronic Tracking system for imported goods goes into operation
Business

Customs Authority implements digital transformation through pilot project for customs declaration e-portal

September 21, 2023
Libyan Business Council to complete a stalled 2,000-apartment project in Derna to house flood victims
Business

Libyan Business Council to complete a stalled 2,000-apartment project in Derna to house flood victims

September 21, 2023
Electronic Tracking system for imported goods goes into operation
Business

Libyan Customs Authority signs agreement with Dubai-based Webb Fontaine for Advance Cargo Information System

September 21, 2023
Turkey agrees to reduce age range for Libyans requiring an entry visa
Business

Technical Turkish delegation reaffirms desire for return of Turkish airlines to Libya

September 12, 2023
Next Post
Libya’s PIB participates in WAIPA – World Association of Investment Promotion Agencies conference

Libya's PIB participates in WAIPA - World Association of Investment Promotion Agencies conference

Tunis Air suspends flights to Benghazi, Benina Airport will reopen tonight

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Derna disaster update: Five Greek aid workers die in road accident, Spanish and Maltese teams return home

    Derna disaster update: Five Greek aid workers die in road accident, Spanish and Maltese teams return home

    97 shares
    Share 39 Tweet 24
  • UN’s Derna overview: Officially, only 3,958 confirmed dead and 40,000 displaced

    71 shares
    Share 33 Tweet 16
  • EU Copernicus satellite images of Flood Daniel hit Libya released

    54 shares
    Share 25 Tweet 12
  • Derna update: International aid continues to arrive, infrastructure damage update

    49 shares
    Share 21 Tweet 12
  • Civil Aviation Authority concludes meetings with Turkish Civil Aviation team inspecting airports for possible return of Turkish airliners

    53 shares
    Share 25 Tweet 12
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

UNSMIL head Bathily calls on polarised Libyan political entities to follow their citizen’s lead by unifying post the Derna disaster

Eastern Libyan government calls for international reconstruction conference for Flood Daniel hit areas

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?