The Portugal Golden Visa has been wildly popular in recent times, as it offers a route to full European Citizenship in a few short years without ever having to move to the country physically. With Golden Visa investment options starting at €280,000 and physical stay requirements of just one week per year for five years, this is the most accessible route to a European passport that is currently available.
Unfortunately, the future of the program is under threat. The Portuguese government is introducing measures that will soon see tight restrictions placed on the Golden Visa for expats and global nomads. With an ongoing housing crisis in the country, real estate investment will no longer be permitted. The only viable route to the Portugal Golden Visa will be investment funds, with a minimum investment amount of €500,000. This is a sizable increase that will take the program out of the reach of many potential investors.
When will Portugal’s Golden Visa rules take effect?
Changes to the Golden Visa law have been passed by the Portuguese Parliament but were ultimately vetoed by the President, Marcelo Rebelo de Sousa. However, as the Socialist government has an absolute majority in Parliament, they may approve the law again with few or no changes. The President would then be forced to the law. In spite of this, the administrative delays this presents would mean the new Golden Visa law could not take effect until late September or early October.
Webinar: Last Chance to Access Portugal’s Golden Visa for €280,000
On Monday, 11th September Holborn will be hosting a webinar in partnership with Holborn Assets entitled “Last Chance to Access Portugal’s Golden Visa for €280,000”. In this session, delivered by citizenship by investment specialist Jonathan Ralph, we will explore the benefits of the Portugal Golden Visa and how to beat the deadline with your own application. The session will be entertaining, informative and jam-packed full of useful takeaways to help you plan your family’s future.
Secure your spot for this FREE seminar on how to take advantage of the Portugal Golden Visa program before it is gone! The online live event is on September 13th, 2023!
Who are Holborn Assets?
Expat Info Desk has chosen to partner with Holborn Assets, the global market leader for the Portugal Golden Visa. Their team has processed over 1,000 applications, with a 100% track record of success.
Holborn Assets is a global asset manager, serving more than 20,000 clients across 180 different countries. A British company with a track record spanning 25 years, they are rated 4.8/5 on Trustpilot and come highly recommended for your Golden Visa journey.