Golden Visa Program: Change or Not to Change | Kleya - Relocation, Retiring Investment, & Moving to Portugal
Golden Visa Program: To Change or Not to Change

According to the recent State Budget (approved on March 31st), there is a legislative authorization concerning the Golden Visa process that allows the Government to review the regime of Residency By Investment permits (most commonly known as The Golden Visas) - meaning that there is a chance to change its scope for future requests. 

The purpose and extent of the legislative authorization provided are to favour the promotion of investment in low-density regions, as well as investment in urban re-qualification, in cultural heritage, in activities of high environmental or social value, in productive investment and job creation. One of the expected results is that the Golden Visa will exclude eligible real estate investment located namely in Lisbon, Oporto as well as, potentially, in all other coastal municipalities (especially in the Algarve). However, and especially now when there is a big debate concerning measures to "boost" the Portuguese economy and address the possible COVID-19 impact, there are doubts on whether the Golden Visa changes will go ahead or not. 

Interested in knowing what changes will be made to the Golden Visa (Residency by Investment)?

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