! It will cost you more to get a Portuguese Golden Visa from January 2022
Since its launch in 2012, the Portuguese golden visa scheme has become one of the most successful in the world. The scheme gives you a fast-track method to secure permanent residency and eventually citizenship in the country.
The programme allows non-EU nationals to obtain a visa by investing in Portugal. The programme is also now open to British citizens after the UK officially left the EU at the start of 2021.
The types of investments can include:
By taking advantage of the programme, you gain access to benefits which include but are not limited to:
You should also note that you can include family members on your visa.
The changes to the Portuguese golden visa scheme will come into effect as of January 1st 2022.
The changes affect two areas; where you can invest and how much it will cost to invest.
The locations where you can invest in real estate will be limited.
You will no longer be able to access the golden visa by investing in property in major cities. Popular locations such as Porto, Lisbon and coastal towns will all be excluded.
Most parts of the Algarve will still be accessible, which will come as welcome news.
The minimum amount required for the Portuguese golden visa is set to increase.
The increase will depend on the type of investment you choose to make. The changes are as follows:
You should note that none of the changes are retroactive. What this means is, they will not apply to applications submitted before December 31st 2021.
However, time is running out for those looking to take advantage of the current programme.
The changes to the Portuguese golden visa will have a big impact on those looking to take advantage of the scheme.
However, it’s not too late to take advantage of the programme before the rule changes come into place.
At Holborn Pass, we provide clients with a bespoke service to secure residency and citizenship in countries worldwide.
Our experts work with some of the world’s most trusted investment programmes, designed to open up opportunities for you and your family.
To find out how we can help you or to book a consultation with one of our advisers, please use the form on this page.
Book your call with one of our investment experts today and we’ll be in touch to speak about your needs and requirements and run through the visa in more detail.
The Portuguese Golden Visa is an archway to living, working and studying abroad. Check out some of the benefits of applying for the visa below:
Find out moreEnjoy tax benefits
Visa-free travel to EU countries
Get a Portuguese passport and live, work or study in the EU
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