1. The proposal and important change

The Portuguese Socialist Party (PS) has proposed to amend the bill “Housing” – Mais Habitação, in order to maintain the Golden Visa program with certain modifications. One of the key changes is the elimination of real estate investments and capital investments through bank deposits.
This will address concerns around rising housing prices and their impact on local communities. By reducing reliance on real estate investment, the government aims to promote more sustainable development and prevent speculative activities that could exacerbate housing affordability problems.

2. Investment options for the Portuguese Golden Visa

Although the government revised the investment conditions, it still retains other requirements for the Portuguese Golden Visa program such as:

• Create 10 jobs for local people. 

• Transfer of capital equal to or over 500,000 Euro for the purpose of investing in scientific research. This investment is made in public or private scientific research institutions named in the national science and technology system. 

• Transfer of capital equal to or more than 250,000 Euro for the purpose of art investment and art support, national heritage reconstruction. Investments through central or local government, public organizations, businesses, private foundations for the public good, local or public cultural associations, art production organizations and pursue the reconstruction and conservation of heritage at the national level. 

• Transfer equal to or over 500,000 Euro for the purpose of establishing a trade association based in Portugal and creating at least 10 permanent jobs. Or capital transferred for the purpose of strengthening an existing association creating Portugal, combined with creating 10 new permanent jobs or maintaining existing jobs.

3. Why choose the Golden Visa Portugal program?

Investing in Portugal with the Golden Visa program has been and is the shortest way to reside in Europe, and at the same time opens the door to European citizenship for you and your family. The special thing about the program is that it does not require applicants to have a linguistic background or cultural knowledge about this country. 

This is the door for the family to enjoy life in a country with beautiful and stable scenery, besides many different benefits such as access to the education system, medical care and social benefits of the family. nation. Although the program proposes to eliminate two forms of real estate investment and bank deposits, it still has a great attraction for many foreign investors.