Recent updates and modifications to Portugal's Golden Visa program that have shaped its current structure.
2024
Digital Application Process
The application process has been digitalized, allowing online submission of all documents including the Portuguese individual tax number (NIF). This streamlining reduces bureaucracy and speeds up processing times.
Updated Citizenship Timeline
The five-year residency period for citizenship eligibility now starts from the Golden Visa application submission date, not the residency permit issuance date, potentially shortening the path to citizenship.
Solidarity Visa Introduction
A new "solidarity visa" category allows investors to qualify by investing in affordable housing for locals or accommodations for migrants, addressing housing shortages and supporting immigrant integration.
2023
Removal of Real Estate Investment Option
Under the "Mais Habitação" law, real estate investments were eliminated as a qualifying category for the Golden Visa, aimed at addressing the national housing crisis and reducing property speculation.
2022
Real Estate Investment Restrictions
Residential property investments were restricted in high-density areas including Lisbon, Porto, coastal regions of the Algarve, and other coastal towns, promoting investment in interior regions and autonomous islands.
Increased Capital Transfer Requirements
The minimum capital transfer investment amount was raised from €1 million to €1.5 million to attract more substantial investments to the country.
Why Choose Zoark for Your Golden Visa
Specialized Expertise
Exclusive focus on Golden Visa programs in Portugal, Italy, and Greece. Our dedicated team ensures expert guidance tailored to these prime investment destinations.
Bespoke Service
Private consultations and personalized investment strategies. Each client receives dedicated support from our elite team throughout their investment journey.
Investment Advisory
Expert guidance on investment options across our three markets. From real estate to investment funds, we help you choose the optimal path for your goals.
Local Excellence
Strong partnerships with premier legal and financial experts in Portugal, Italy, and Greece. Ensuring smooth processes and optimal outcomes in each jurisdiction.
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