Golden Visa - Possible Changes

07/12/2022

The Government of Portugal recently announced their intention to end the Golden Visa program.
The government's justification is that the program would have already fulfilled the proposed and at this moment it's no longer justified to maintain it.
However, the government is still studying the matter and there is no set date for the end of Golden Visa program.

Among the different investment possibilities, requests for Golden Visa have a higher incidence among investors in the real estate market who can apply for a residence permit with a minimum investment of 280,000 euros.


Why people chose the Portuguese Golden Visa?

  • Different types of investments to choose from (real estate, investment funds, capital transfer, business set-up);
  • Minimum investment from €250,000 (accordingly to the new law);
  • Minimum period required to spend at the county, minimum of seven days in the first year in Portugal, then a subsequent 14 days every two-year period
  • The family members can be included in the main application (including spouse and dependent children)
  • Portuguese citizen right after the fifth year
  • Free access to the Schengen area after the Residence Permit (Access to 26 nations in the EU & visa-free travel to 183 nations)
  • Live in a safe country with affordable living costs and a high quality of life (Portugal is one of the most safety country on the world).
  • The Portuguese Golden Visa is a visa created with the aim of attracting foreign investors to Portugal. There're some ways to obtain the right to apply for the visa.

To learn more about the Portuguese Golden Visa, which investment is most suitable for your investor profile and to make your visa process smoothly, Change Consulting's experts can help you and your family in this journey. You can contact us here.  


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