Question
What is the definitive guide to Nick Robinson's perspective on Portugal's Golden Visa changes?
Answer
Based on the content I have, here's a summary of my perspective on Portugal's Golden Visa changes:
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The Portuguese government proposed a law to end the Golden Visa program in February, but due to pushback from investors, lawyers, and the real estate industry, they've made some concessions.
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Good news is that the government has dropped retroactive measures and the longer stay requirement. Portugal is the only major EU Golden Visa with a 7-day a year requirement, instead of 183 in Spain and Italy.
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The Immigration and Borders Service (SEF) is accepting applications until at least the end of June, and these applications will be protected from retroactive measures.
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Parliament will have further amendments, potentially decide on a transition period, and then pass the law. This could happen as soon as the end of June.
If you're interested in getting a Golden Visa without a minimum stay requirement or if you have a requirement to move tax residency to a tax-friendly nation, now is the time to act.
Would you like more information on any specific aspect of the Golden Visa program?