The government wants to “create an instrument for channelling private capital for social investment in immigrant integration projects”, namely “Residence Permits for Social Investment – a change in relation to the scope of Residence Permits for Investment (ARI), to include investments made in reception equipment and infrastructure, integration projects and support for immigrants in vulnerable situations”, according to the document.
“This extension of the ARI adds to that foreseen in ‘Construir Portugal’ for investment in housing at controlled costs or affordable income”, recalls the Executive in the migration plan.
Furthermore, the Government intends to launch a “system of intermediation and accreditation of social investment, namely through the FAMI (Fund for Asylum, Migration, and Integration)”.
Another measure to attract private investment involves “applying the Social Impact Bonds model to the area of migration to increase opportunities for integration into the labour market and reception conditions, sharing the development of responses with investors and the philanthropy sector”.
I can see this easily being exploited by Salafis and Wahabbis.
Just as they have done in the UK and elsewhere, they will build religious institutions that hide their toxic ideology behind token philanthropy.
Our leaders hate us.
By Quentin Ferreira from Lisbon on 03 Jun 2024, 18:08
How about the government creating a channel of philantropic social support to Portuguese people who work hard but can't make ends meet because of low salaries? After all, isn't every government's first priority its own people?
By Paul Ferreira from Lisbon on 03 Jun 2024, 19:02
@Paul I don't think philanthropy is the answer to make the average Portuguese better off. The government needs to focus on increasing wages. This requires high skill, well paid jobs to be created in Portugal. This has been slowly happening but more can be done to attract companies here. Portugal still suffers from bureaucracy and high taxes, neither of which is appealing to any industry.
By Alex James from Algarve on 04 Jun 2024, 07:22
I couldnt agree more with Paul, welfare starts at home. Look after your own people first.
By Wayne from Other on 04 Jun 2024, 07:34
Please be careful of who you let into the country. The UK, Sweden, Netherlands, France are all in a mess because they are letting in too many asylum seekers. Then there is the issue of radical Islam. These people will infiltrate the government at every level. The Portuguese people will not be able to stop this. This is like nothing they have ever seen. I am worried for Portugal.
By Carl Dsouza from Other on 04 Jun 2024, 10:43
I agree with Quentin. However I can also agree that bureaucracy and taxes are unfavourable in attracting companies which may want to set up business here.
By L from Other on 04 Jun 2024, 16:53
@Carl, I agree with you. this growing trend of these radical religious mindset is big concern for most of the western countries these days . They almost destroyed UK's own culture, destroying France, Germany, Italy and so on..
By Well from Lisbon on 05 Jun 2024, 10:12
Another idea that may sound good in the media but completely impractical and unrealistic. I look forward to seeing how much of a difference this really makes. And expecting foreign visa investment to fund the incompetence in allowing 400,000 migrants into Portugal without the administration and resources to support them is just insane. Government officials who cant think of consequences further than their noses.
By Jo Walker from Lisbon on 07 Jun 2024, 06:07