A recent ruling by Portugal’s Constitutional Court has brought a measure of clarity—though not finality—to the future of the country’s Golden Visa program. The court assessed proposed amendments to the Nationality Law and found four of the seven provisions to be unconstitutional, requiring Parliament to re-draft them. Key clarifications from the ruling include: The constitutionality…
The Portuguese Government has extended the validity of visas and residency permits for an additional year, making them valid until June 30, 2025. This extension was officially announced on June 25, 2024. Source: https://diariodarepublica.pt/dr/legislacao-consolidada/decreto-lei/2020-130241777
Updates from the Council of Ministers which took place today and that start implementing some of the policies announced 3 weeks ago with the approval of the so-called “Migration Action Plan”: i. assigning the Agency for Integration, Migrations and Asylum (AIMA) the mission to proactively attract immigrants; ii. assuming and valuing the Migration Observatory as…
Portuguese D7 Program The Portuguese D7 program, also known as the passive income visa or retirement visa, is a popular route for people from outside of the EU/EEA/Switzerland to move to Portugal. Requirements: The main requirements for the D7 visa are: • You must be over 18. • You must have a passive income (i.e.,…
According to the newspaper ‘Expresso‘, Lisbon was where the largest number of cases were filed, but Porto (484), Loulé (339), and Leiria (215) follow: there are 240 cases in higher courts and one has even reached the Supreme Court. Most of the cases against AIMA, explained the newspaper, are “subpoenas to defend rights, freedoms and…
Portugal Introduces Cultural “Golden Visa” to Boost Art Acquisition Portugal has recently passed a new law aimed at fostering private investment in the cultural sector. The law, announced by the Minister of Culture, Pedro Adão e Silva, includes the establishment of a Fund for the Acquisition of Works of Art for National Museums and Palaces,…
It Was Today Published In Diário Da Republica (Portaria N.º 307/2023, De 13 De Outubro) The Fees That Will Be Charged By The New Entity That Will Replace Sef. The Updated Values Will Enter Into Force On October 29Th, 2023, And Are The Following: Analysis Fee – 773,74€ (Previously Was 581,76€ €) Residency Card For…
The small Iberian nation is set to reverse a long-standing tax law Investors will now have to pay taxes on crypto gains The move to start taxing crypto was seconded by Secretary of State for Tax Affairs – António Mendonça Mendes To the shame of numerous Golden Visa searchers, Portuguese Finance Minister Fernando Medina has…
Renting a T1 apartment in Lisbon cost €1,240 per month in the final stretch of 2021. But in Paris it cost more: €1,964. Rent prices continue to rise in several European cities – in some more than 10 percent. In Lisbon, renting a furnished T1 apartment cost, on average, €1,240 per month between October and…
Presentation by Mr. Nicolas Salerno, Board Member, Investaureum, Portugal at IREX Residency & Citizenship Conclave 2021, Dubai Topic: Portugal Residency by Investment through Rehabilitation of Patrimonial Real Estate. https://www.youtube.com/watch?v=A4WIkhgb-QE