The DP World Tour Championship,Dubai is underway in the United Arab Emirates.It is being played at Jumeirah Golf Estates,a luxury resort community.The tournament is the culminating event of the European Tour's Race To Dubai,the overall season championship of the Tour.Henrik Stenson of Sweden is current leader of the Race To Dubai,while Northern Ireland's Rory McIlroy is defending champion of the tournament. McIlroy is currently tied for the first round lead with Spain's Rafa Cabrera-Bello at -3.*
Partners of the European Tour are BMW;Genworth;and Rolex.Sponsors are ClubCar and Titleist.*
Peter Uihlein is the only American participant.*
Meanwhile,the Australasian PGA Tour is holding the Australian Masters at Royal Melbourne.Adam Scott is defending champion,and American Matt Kuchar is also participating.*
NBC Universal's Golf Channel is broadcasting both events.*
Investors who transfer at least 1 million euros to Portugal or create at least 10 jobs are eligible for a Portuguese residence visa.The program is also for those
who buy property in Portugal worth a mimimum of 500,000 euros.Since inception,it has netted 198 million euros of investment.Up to 400 visas will be issued in the program this year;there is currently no limit for 2014.
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