The Golden Visa is one of the most popular pathways to Portuguese residency and citizenship.
On October 6th, 2023, the Portuguese Government unveiled the “Mais Habitação” an important step towards addressing the nation's housing challenges. Among its measures, the law brought significant changes to the Golden Visa program in Portugal.
The landscape has shifted: investments in real estate categories under the Golden Visa Program are no longer available. Gone are the days of investing in real estate properties or real estate-related funds to secure a Golden Visa in Portugal.
However, the allure of the Portuguese Golden Visa program endures, offering alternative paths through various investment or donation avenues. Among these, the most sought-after option involves investing €500,000 in qualifying venture capital or private equity funds within Portugal.
Despite the adjustments, the Portuguese Golden Visa program remains a beacon for those seeking investment migration opportunities in Europe, offering a pathway to a European passport within five years.
The lesson to be learned is that the opportunity does not last forever, and if you wish to secure the current attractive terms of residence ACT NOW.
You cannot assume that the law will be the same forever.
Discover New Investment Avenues
While certain doors close, others open wide, presenting fresh opportunities within the residency program.
- Venture Capital & Private Equity Fund Investment: Transfer €500,000 or more for participation units in venture capital funds, excluding any real estate ties.
- Job Creation & Company Capital Investment: Create a minimum of 10 jobs and transfer €500,000 or more towards incorporating a commercial company with national headquarters or increasing the share capital of an existing entity, alongside generating five permanent jobs.
- Research Funding: Invest €500,000 or more in research activities conducted by public or private scientific research institutions.
- Cultural Heritage Support: Dedicate €250,000 or more to support artistic production, recovery, or maintenance of national cultural heritage.
Minimal Impact on Previous or Current Applicants
Rest assured, any adjustments made to the Portuguese Golden Visa program will not affect previous or ongoing applications. Those who have completed or initiated their investments need not worry about retroactive implications arising from potential program alterations.
For a personalized consultation and to explore your options within the Portuguese Golden Visa program, reach out to Emigre.eu.
