Are you dreaming of a golden ticket to European citizenship? The Portuguese Citizenship by Investment program could well be the answer. That said, in 2023, this standout opportunity is set to undergo some significant changes. Whilst it is currently Europe’s #1 route to a remote second citizenship, the qualification criteria and rules surrounding the Portugal Golden Visa program are now set to tighten up significantly. In the above video, Jonathan breaks down the latest news in Portugal’s Residency and Citizenship by Investment space.

The Portuguese Citizenship by Investment program, more commonly known as the Golden Visa, does not strictly offer a Citizenship by Investment. It is actually a Residency by Investment program, that offers full citizenship after 5 years of holding the qualifying investment (and meeting some other criteria). That much is not new. However, the rules around qualifying investments will be changing in 2023.

As the demand for Portuguese citizenship continues to grow, the program is under significant pressure from left-leaning politicians concerned about the impact of wealthy new residents on the cost of living for locals in the country. Access to housing in Portugal is now a key political issue, and one that has already seen the rules around Portuguese Citizenship by Investment into residential real estate undergo significant tightening measures. Further restrictions are now incoming. Watch the video above to learn more.

This video was originally published on YouTube.

The routes to Portuguese Citizenship by Investment are now being subject to more and more restrctions. Quality, professional advice is now more important than ever to ensure you do not fall into any common traps or issues. Get started on your journey by speaking to us today.

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