Portugal's Golden Visa Program May Be Terminated
Feb 22, 2023
In a televised press conference, a week ago, Portuguese prime minister Antonio Costa confirmed his intention to end the popular Golden Visa program. The entire program, not just a few investment categories will be scrapped.
Many details such as when this will take effect and if there will be a transition period remain unclear at this stage. He did however clarify that already filed applications will be processed normally but there will not be any new applications.
The press conference has raised many questions and many debates are raging around the intention to close the program.
We are keeping a close eye on the developments and will keep you updated as more solid and accurate information becomes available.
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