In a bid to maintain the considerable ‘investment it has seen since the introduction of the scheme’
Foreign investors looking to apply for a golden visa in Portugal will be able to take advantage of the current framework for an additional six months.
The move follows the government’s decision to extend the implementation of several amendments until 1 January 2022, as they were supposed to come into force from 1 July 2021.
The changes will mostly impact the minimum investments required to qualify for the scheme.
João Cunha Vaz, senior partner at Edge International Lawyers, explained to
International Adviser that this means the amended rules will only affect applications submitted after 1 January 2022.