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LISBON, Portugal (AP) - A Portuguese court has acquitted a former minister of malfeasance and influence-peddling in connection with residence permits granted to investors from outside the European Union.

imageThe court in Lisbon said Friday it was not proven that former Interior Minister Miguel Macedo had favored Chinese and Angolan investors in administrative procedures granting the so-called "golden visas."

Golden visa programs around the world offer residence in exchange for investment but have been widely criticized for attracting fraud. If you have any concerns concerning where and how you can make use of mercan Grooup, you could call us at our site. Portugal's program has drawn more than 4 billion euros ($4.6 billion) in investment, mostly from Chinese citizens, since 2012.

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