New Portugal's Golden Visa Rules Took Effect on October 7

Last Friday the 6th, the “Mais Habitação” law was finally published.
From this moment onwards is no longer possible to invest under the real estate categories of the Golden Visa Program.
Under the new rules, applicants have several ways to qualify for the Golden Visa:

-Creating a minimum of ten jobs.
Investing at least €500,000 in research activities conducted by public or private research institutions.
-Investing at least €250,000 in artistic production, cultural heritage recovery, or maintenance.
-Investing at least €500,000 in specific investment funds based in Portugal, with a minimum maturity of five years, and a requirement that at least 60% of investments are made in national-based commercial companies.
-Investing at least €500,000 in a company based in Portugal, either by establishing a new one and creating five permanent jobs or by contributing to an existing company, ensuring the creation or maintenance of at least five permanent jobs for a minimum of three years.

With no real estate investment option, market experts anticipate that the fund investment route will become the preferred choice for most investors seeking residency in Portugal.

Please get in touch with our team for more information.
Mackenzie Portugal | www.mackenzieportugal.com | +351 289 542 109