Uglobal Immigration Magazine Uglobal Immigration Magazine 6-1 2024 Joonmag | Page 6

6 UGLOBAL IMMIGRATION MAGAZINE

IS PORTUGAL ’ S GOLDEN VISA STILL A VIABLE PROGRAM AFTER RECENT CHANGES ?

BY TIAGO GALI MACEDO
There is significant debate surrounding the continued value of the Portuguese golden visa to obtain a residency permit in the country and the opportunity for citizenship , without a real estate investment option .

The recent changes implemented to the Portuguese Residency by Investment Program , known as the Portuguese golden visa program , will undoubtedly lead to a profound shift in the investment options commonly chosen by investors and applicants .

First , they will need to get used to the new legal framework or name of the program , which is now called “ Residence Permit for Entrepreneur Immigrants .”
Second , and most importantly , real estate investment option is no longer the leading investment category because it ceased to exist .