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Arab Times
6 days ago
- Business
- Arab Times
Nicole Kidman seeks residency in Portugal, eyes luxury European escape
LOS ANGELES, July 24: Nicole Kidman is seeking a permanent European retreat. The 58-year-old Oscar-winning actress recently applied for residency in Portugal, signaling her intention to spend more time in the sunny country. According to local media outlet SIC Notícias, Kidman submitted her application this week to Portugal's Agency for Integration, Migration and Asylum (AIMA). Recently spotted arriving on a private jet in Cascais, an affluent coastal area near Lisbon, Kidman is reportedly searching for a luxury home in one of Portugal's most exclusive gated communities. Interestingly, her husband Keith Urban's name was not included on any of the submitted documents. Kidman is believed to be interested in a property at CostaTerra Golf and Ocean Club, a 722-acre luxury development about 81 miles south of Lisbon. This high-end community is popular among celebrities such as George Clooney and Paris Hilton, and is also home to Princess Eugenie. It was also rumored that Prince Harry and Meghan Markle bought a home there last year, reportedly paying over $4.7 million for one of the 300 residences planned in the complex. CostaTerra is part of the Discovery Land Company, founded by Mike Meldman, who co-invested with Clooney in the tequila brand Casamigos. While Urban hasn't filed any residency paperwork, Portuguese TV network TVI reported that he and Kidman already own a luxurious property in Lisbon. Representatives for Kidman have been contacted for comment. Kidman and the 57-year-old country singer share two daughters, Sunday Rose, 17, and Faith Margaret, 15. The family is known to split their time between the US and Australia, with Europe possibly becoming a new addition to their lifestyle. Since marrying in 2006, the couple has built an extensive international real estate portfolio. Almost two decades ago, they purchased two penthouses in Sydney's exclusive North Sydney Latitude building, combining them into one large condo. Their first joint property acquisition came a year after their wedding with a 36-acre estate in Franklin, Tennessee, purchased for over $3 million. The following year, they acquired a mansion in Nashville's prestigious Northumberland community, adding to their collection which also includes homes in Manhattan, Sydney, and New South Wales.


New York Post
6 days ago
- Entertainment
- New York Post
Nicole Kidman applies for residency permit in surprising European country — but husband Keith Urban is not mentioned
Nicole Kidman is on the hunt for a permanent Euro escape. The Oscar-winning actress, 58, has applied for residency in Portugal — hinting that she will be looking to spend more time in the sunny country. The 'Babygirl' actress submitted her paperwork to the country's Agency for Integration, Migration and Asylum (AIMA) earlier this week, according to local media outlet SIC Notícias. Advertisement 4 Nicole Kidman has reportedly applied for residency in Portugal. WireImage Kidman, who was seen stepping out of a private jet in Cascais — a wealthy seaside enclave just outside of Lisbon — has reportedly been browsing for a lavish pad in one of Portugal's most exclusive gated communities. But notably absent from her application was husband Keith Urban, whose name did not appear on any documents, according to the outlet. Advertisement Kidman is said to be eyeing up a property at the celeb-loved, 722-acre CostaTerra Golf and Ocean Club — a plush development about 81 miles south of Lisbon. The luxury development is known favorite among the Hollywood elite, including George Clooney and Paris Hilton, and is also a base for royal family member Princess Eugenie. 4 Keith Urban's na,e notably absent from Kidman's application. Getty Images for ACM It is also where Prince Harry and Meghan Markle were rumored to have purchased a property last year. Advertisement The Duke and Duchess of Sussex were said to have splashed out on one of 300 soon-to-be constructed residences belonging to the luxe complex, reportedly costing them more than $4.7 million. CostaTerra is part of Discovery Land Company, an enterprise founded by Mike Meldman, who, along with George Clooney, invested in the billion-dollar tequila company, Casamigos. 4 The 'Babygirl' actress submitted her paperwork to the country's Agency for Integration, Migration and Asylum (AIMA) earlier this week. LM Otero Invision/AP And while Urban didn't file any documents on his part, Portuguese TV network TVI reported that he and the 'Eyes Wide Shut' actress already own a plush pad in Lisbon. Advertisement The Post has reached out to Kidman's reps for comment. Kidman and the country crooner, 57, share daughters Sunday Rose, 17, and Faith Margaret, 15. Start your day with all you need to know Morning Report delivers the latest news, videos, photos and more. Thanks for signing up! Enter your email address Please provide a valid email address. By clicking above you agree to the Terms of Use and Privacy Policy. Never miss a story. Check out more newsletters The foursome is known to divide their time between the US and Australia, which could soon see Europe thrown into the mix. Since tying the knot in 2006, the duo has accumulated an impressive international real estate portfolio. Over the past nearly two decades, the couple has purchased two penthouses in the exclusive North Sydney Latitude building, combining the two to make one huge condo. 4 Since tying the knot in 2006, the duo has accumulated an impressive international real estate portfolio. @nicolekidman/Instagram Advertisement The pair's first joint purchase came one year after their wedding, when they signed on the dotted line for a 36-acre estate in Franklin, Tenn, for over $3 million. The following year, they upgraded to a lavish mansion in Nashville's exclusive Northumberland community, which they added to the growing portfolio that already boasts properties in Manhattan, Sydney, and New South Wales.

Sky News AU
6 days ago
- Entertainment
- Sky News AU
Nicole Kidman reportedly files residency application for Portugal with no mention of husband Keith Urban
Aussie movie star Nicole Kidman has lodged an application for residency in Portugal, multiple news outlets in the European country have claimed. Portuguese media outlet SIC Notícias broke the story on Tuesday and claimed the Oscar-winning actress has submitted residency paperwork to the country's Agency for Integration, Migration and Asylum (AIMA). According to SIC Notícias, Kidman is reportedly house hunting around the Costa Terra Golf & Ocean Club in Comporta. The luxury development is popular with global A-listers including George Clooney and Paris Hilton and is also a base for royal family member Princess Eugenie. The sunny European nation is popular with celebrities and jetsetters because of its ideal climate, favourable tax benefits and relative privacy. Meanwhile, Portuguese TV network TVI claims they have confirmed with Lisbon City Council that Kidman and Keith Urban already own an apartment in the Portuguese capital. The revelation comes after Kidman was recently spotted arriving at the Tires airfield in Cascais, a wealthy seaside enclave just outside of Lisbon. The Dead Calm star and her country star husband own an impressive globe-spanning property portfolio spanning Sydney, Los Angeles and Nashville. In Sydney, the couple own six combined apartments overlooking Sydney Harbour in Milson's Point. The Kidman-Urban clan also own a breathtaking 45-acre rural property called Bunya Hill in the Southern Highlands, complete with cattle and alpacas. Earlier this year, Kidman told the Hollywood Reporter she planned to spend 2025 taking a break after shooting multiple film and TV projects simultaneously. "I was much more out there last year; this year I have Holland, I have Nine Perfect Strangers, and then I'm off for the rest of year. So, oh well!' she said. In the past year, Kidman has starred in films A Family Affair, Babygirl, Spellbound and Holland and TV projects like The Perfect Couple, Lioness and Nine Perfect Strangers. The movie star's pledge to take time off appeared to be short-lived and Kidman is currently back on set with Sandra Bullock to film a sequel of the cult classic Practical Magic.


Globe and Mail
14-07-2025
- Business
- Globe and Mail
GoldenVisa Simplifies European Relocation with Affordable Retirement Solutions for Expats
Approximately 38% of Americans decide to retire in Europe, per a recent survey. This move was made for a number of reasons, including affordability, stable economic conditions, and sound financial planning. Given these, many people may find retirement in Europe, with its rich history, to be alluring. But Americans need to understand that choosing a European retirement destination can be a draining experience. To spend their golden years, they must evaluate the cost of living, health insurance benefits, visa choices, crime rates, quality of life, and even outdoor activities. As a result, this post will list the simplest and most economical retirement destinations in Europe. What to Consider When Choosing the Right Country for Retirement With 44 European nations, it can be difficult for Americans to decide which one to retire to. However, before choosing your new plan "B" destination, there are a few important factors to take into account. Portugal for Retirees: An Overview Portugal, a country in Southern Europe, is ranked fifth in terms of European safety. It is a desirable retirement destination in the EU since it provides American seniors with a low cost of living and a great quality of life simultaneously. According to AIMA's 2025 interim assessment, foreign nationals presently make about 15% of the population. The number of American investors applying for the Portugal Residency by Investment Program, Portugal Golden Visa rose by 162.5% in 2023, which is consistent with this trend. What, then, makes Portugal so alluring to retirement communities? A family of four may initially cover their essential costs with a monthly salary of 2,416.3€, not including rent. A lunch for two usually costs between €30 and €60, so dining out is still reasonably priced. Basic utilities cost between €80 and €130, and monthly pass tickets cost €40. Benefits related to healthcare are still another allure. You will have access to the excellent and reasonably priced public healthcare system if you decide to live in Portugal. In addition, private health insurance is accessible and frequently chosen due to its shorter wait times. It is also a desirable location within the European Union due to its climate and natural surroundings. The nation provides a year-round active, outdoor-friendly way of life. You can join retirement communities and partake in sports like cycling, hiking, golfing, and sailing while you're in Portugal. How to Retire in Portugal with the D7 Visa You can enter Portugal as an American retiree and remain for up to 90 days without a visa. However, a temporary residency permit is required if your stay is more than ninety days. Portugal provides a D7 Visa, commonly known as a Passive Income Visa, for this purpose. For US retirees who have a steady income from investments, social security, or pensions, it is perfect. Applicants must keep a clean criminal record, show proof of housing within Portugal, and show a minimum monthly income of €820 in order to be eligible for the D7 visa. As an alternative, the Portugal Golden Visa provides a route to residency by qualified investment capital, with a €500,000 minimum commitment. According to the information sourced from Get Golden Visa, although this five-year regulation may alter, all visa categories allow for the admission of family members and can result in permanent residency and eventual citizenship after five years. How to Retire in Spain? With its rich cultural heritage, Spain, which is situated on the Iberian Peninsula of Europe, is generally regarded as a secure country. For this reason, it has grown in popularity among American retirees. Spain has about 8 million foreign-born citizens, or 16.71% of the total population. More than 41,000 of them are Americans who have decided to start a new chapter in their lives in Spain. Make sure the expense of living in Spain is within your means if you intend to retire there. on rent excluded, a family of four can typically make ends meet on about €2,552.30 per month. The cost of housing varies by location. A three-bedroom apartment in a city, for example, costs about €1,437.29. Additionally, you should be aware that eating out is reasonably priced, with dinners for two costing between €35 and €80. A monthly ticket for public transportation costs about €30, and it is both economical and efficient. The monthly cost of basic utilities varies from €80 to €218 based on usage and location. Another crucial factor to take into account is the public healthcare system. After registering with the Social Security system or through private health insurance, you can frequently utilize it if you become a legal resident. The Mediterranean shore has several advantages when it comes to outdoor activities and lifestyle. You may explore the streets of the old city and go hiking in the Pyrenees. Additionally, national parks, beaches, wine areas, and golf courses are all conveniently located. Retirement Visa in Spain The Spain Non-Lucrative Visa, which allows for long-term residency without the ability to work in Spain, is a good choice for retirees who have enough passive income from investments or pensions. In order to be eligible, candidates need to show that they make at least €2,400 per month, have no criminal records, and have private health insurance. Although family members may be listed on the application, each dependent must earn an extra €600 per month. Retiring in Greece Greece, which is in Southeastern Europe, is regarded as a safe place for retirees. Serious crime is uncommon in tourist regions, but petty crime can occur. As a result, you can enjoy swimming, strolling, going to local markets, and spending time outside when you live in Greece. In addition, there are plenty of islands and historical sites to discover. Greece is among the most reasonably priced nations in Europe for retirees. Without considering rent, a family of four may make ends meet on €2,756.3 per month. The cost of a two-person lunch ranges from €35 to €80. Basic utilities cost between €120 and €311. In the heart of the city, a three-bedroom apartment costs about €781.44. Furthermore, Greece offers both public and private healthcare. For quicker treatment, you can now use private health insurance. Particularly in large cities, medical care is typically both reasonably priced and of high quality. Greece Retirement Visa You will require a resident visa in order to retire to Greece. Greece does not have a specific retirement visa, although there are other alternatives, such the Greece Golden Visa or the Financially Independent Person (FIP) visa. You must demonstrate a monthly income of €2,500 in order to be eligible for a FIP Visa; this amount rises by 20% for spouses and 15% for children. The Greece Golden Visa, on the other hand, will enable you to obtain your residency permission and purchase real estate. This is the only Golden Visa program in Europe that permits real estate investment, with a minimum investment of €250,000. Media Contact Company Name: Get?Golden?Visa Contact Person: Johan Email: Send Email City: London Country: United Kingdom Website:


Business Standard
06-07-2025
- Business
- Business Standard
Pranjal Sharma
Pranjal Sharma is an economic analyst, advisor and author who focuses on technology, globalisation and inclusive growth. He serves on boards of enterprises and non-profit entities which are leveraging emerging technologies for sustainable, equitable growth. Pranjal leads public discourse at global and national platforms including World Economic Forum, St Gallen Symposium, Horasis Global Meeting and AIMA. He served as a member of the Global Agenda Council at the WEF for eight years. Previously, he spent more than two decades in print, internet and TV media, mostly in leadership roles with focus on India's economic engagement with the world.