Portugal Golden Visa rule changes (coming later in 2023)
We’re now halfway through 2023, and rumours continue to circulate surrounding the Portugal Golden Visa rule changes. Fortunately, the direction of travel for the new law now appears to be less draconian than the original Portugal Golden Visa rule changes that had been announced by the Primer Minister in February of this year. One key takeaway is now apparent: contrary to earlier beliefs, Portugal’s Golden Visa program is not going anywhere. As an investor, it’s important to keep up with the latest updates and changes in order to make informed decisions. In this video, Jonathan gives a brief high-level overview of the changes that will be coming in.
The Portugal Golden Visa rule changes have courted controversy for many months, and led to considerable uncertainty among Golden Visa investors. That said, Portugal remains a popular choice for investors worldwide due to its attractive benefits and easy route to a second citizenship.
Real estate had been the most common route to the Portugal Golden Visa, but the incoming rule changes will now do away with that route to residency (and ultimately citizenship). Fortunately, alternatives will still remain. These will mostly focus on investment funds. With higher minimum investment levels and greater complexity around the required investment strategy, it is now more important than ever to work with a trusted advisor that can be depended upon to safeguard your capital.
Stay tuned to this website to remain informed about any further Portugal Golden Visa rule changes, and ensure you do not miss your opportunity to access the Portugal Golden Visa program in the most appropriate way for your family.
This video was originally published on YouTube.
With the Portugal Golden Visa rules changing in 2023, it may be time to look at your own application to avoid disappointment.
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