The Portugal Golden Visa program is still active and accepting applications. However, there were changes proposed to the program that would affect the eligibility criteria and investment options. These changes were expected to come into effect in case the President of the Republic signs a bill that is currently to be analyzed by the house of deputies. In case they sign it, the republic president will analyse it and eventually pass the law. This could lead to the end of the golden visa in 2023. Anyhow there are many concearns that can cause the presilent not to pass the bill and allow the law to continue active.
The Portugal Golden Visa Program has experienced substantial modifications this year, which has resulted in the revocation or partial modification of several property investment possibilities. Consult our guide on the changes to the Portugal Golden Visa here* for a detailed summary.
There are many reasons why the Portuguese visa scheme is so attractive to investors. With the recently lowered investment amounts, the options for investing have increased. There is also the appeal of the low minimum stay requirements, which allow applicants to live wherever they choose while still staying on track towards permanent residency and Portuguese citizenship.
The investment resulting from the Residence Permit for the Investment Activity (ARI), as gold visas are also known, fell 29% in January, compared to the same month of 2017, to 99.2 million euros. According to data from the Foreigners and
The purpose of this article is to provide a quick overview of some of the recent improvements to Portugal's Golden Visa program. These modifications were accepted on December 22, 2020, and were published on February 12, 2021, by Decree Law 14/2021.
The average price of property rocketed by 15.4 percent in the space of a year in Portugal. But while real estate continues to result in relatively decent profits for sellers, new data also indicates that their expectations of the property’s
Portugal to review ‘golden visa’ scheme in bid to create new jobs LISBON, Oct 28 (Reuters) – Portugal’s government is to review its ‘golden visa’ programme which grants residence to non-EU foreign investors with a view to redirecting such investment
The €350,000 investment into private equity or venture capital fund is the new trend into the investors seeking the Portugal Golden Visa. Due to the announced closure of the real estate options in Lisbon and Porto, many investors are demanding investment into units of investment funds. These funds are also focused on real estate and many of them hold participations in real estate in Lisbon and Porto, so indirectly the investors can still expose their capital to the two main cities’ real estate market, which is expected to continue to grow.
Last month (May 2017), the Portuguese government lowered the minimum investment amount required for obtaining a Golden Visa for Portugal. The lowered requirements now allow applicants to qualify for a Portugal Golden Visa via investments as low as 200,000 Euros.
House prices Recover After almost a decade during which the value of real estate in Portugal stagnated at best, comes news that house prices have recorded their biggest increase in 26 years. Latest numbers out this week show that the
The promised restriction to invest in real estate in the areas of Greater Lisbon, Porto and coastal regions will not be implemented until the end of 2020 in the residency by investment programme, commonly known as Golden Visa, until the
Get a glimpse into the Portugal Golden Visa program and its growth since its launch in 2012. From then, over 3,600 Golden Visas for Portugal have been granted, the majority of them via real estate investment.Thanks to a fast track visa program for large scale foreign investors, over €2.2 Billion from Golden Visa investments has helped bolster the economy. With reduced qualifying investment requirements, we can expect to see another impressive boost in figures in the future.
A new amendment introduced in 2015 has made the Portugal Golden Visa requirements even more flexible and straightforward. With reduced real estate purchase minimums and lowered capital transfer options, the Portuguese Golden Visa has become the most affordable EU residency scheme for foreign investors. Thanks to profitable investment opportunities in Portugal’s secure and fast developing market, the golden visa program has flourished considerably.