Amendments to the Golden Visa regime were published
On February 12th, 2021, the Decree Law no. 14/2021 was published, which establishes the most recent changes to the legal regime of residency by investment in Portugal – the so called Golden Visa program.
This diploma, which shall enter in force on January 1st, 2022, has, on one hand, established an increase of the minimum thresholds of investment for some of the categories foreseen in the law – namely, the capital investments, investments in investment funds, job creation and science and research activities – and on the other, has restricted the property investments to certain qualifying areas of the country, such as Acores, Madeira and interior areas, despite maintaining the minimum values of investment.
Click HERE to access the diploma.
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[Photo by: Ashim D’Silva, available at unsplash.com]