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I believe Portugal was about to end the golden visa. Can someone expand on this topic? Also, is it true to say the golden visa is not attractive to US citizen
by IG_Semmelweiss 3y ago
I believe Portugal was about to end the golden visa. Can someone expand on this topic?
Also, is it true to say the golden visa is not attractive to US citizens?
Finally, which foreign citize s benefit the most from the Portugal golden visa?
- reustle 3y ago> is it true to say the golden visa is not attractive to US citizens? It was still attractive because it gave you a pretty fast path to a second citizenship.
- archagon 3y agoFor certain definitions of the word “fast.” The period is officially 5 years, but I believe you could be waiting years on either end for the initial permit as well as final citizenship.
- quonn 3y agoYes. It has ended the Golden Visa and also the NHR tax exemption scheme. It may take some time to become law, but some time next year everything will be gone.
- ohashi 3y agoNot quite on the golden visa. Just the real estate option. https://www.portugal.com/news/portugal-officially-ending-golden-visa-by-real-estate-investment-on-october-7-2023/ https://www.portugal.com/news/portugal-officially-ending-gol...
- lampington 3y agoAlso worth noting that the real estate option has excluded property in Lisbon and the surroundings, Porto and Algarve for some time, and those were the places where most people from abroad would have wanted to move to.