Recent weeks have seen a number of EU member states – amongst others, Spain, Portugal, Hungary, Ireland and Cyprus - announce that they are willing to give rich foreigners a residency permit if, for example, they buy a house in the country. It is no coincidence that it is for the most part countries who find themselves in major financial problems as a result of the economic crisis. However, anyone who has received a residency permit from one of these Schengen countries will also be free to settle in the Netherlands. Today, Secretary of State for Security and Justice Fred Teeven stated that he was attracted by the idea of introducing such a regulation.
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