One month after the President's veto on the "Mais Habitação" bill, the Portuguese Parliament has once again given its approval to the changes in Portugal's Golden Visa programme. These changes are set to take effect in October 2023.
With only two weeks remaining to submit applications for the real estate golden visa, it is crucial to understand that after the new law comes into effect, there will still be other options available for consideration:
On the contrary, it will no longer be possible to invest through:
Furthermore, it is crucial to acknowledge the following:
The revisions made to the Golden Visa programme are expected to have a significant impact. Previously, the real estate investment option was the most popular and preferred choice among applicants. However, as with any changes, the market will need to adapt. It is not only about providing alternative offerings but also about introducing innovative and refined projects in various sectors where the country is in need of investment, such as the environment, technology, culture, and education.
Should you have any further inquiries regarding this matter, please don't hesitate to reach out. We are more than happy to provide our assistance and support.
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