We launched our comprehensive report, “Get a Look Ahead: 2024 | Portugal’s Golden Visa Funds in a Post-Real Estate Era,鈥� offering a unique window into the transformative changes in Portugal’s Golden Visa program, especially following the pivotal shift away from real estate investments.
A Game-Changing Update in Investment Migration
Recent developments have dramatically altered the landscape of the Portuguese residency-by-investment program, Golden Visa. The country is making a smart move by eliminating real estate as a qualifying investment and encouraging investments in small and medium-sized businesses.
This could shift the whole investment migration sector worldwide and potentially create a mutually beneficial investment vehicle for governments and applicants.
Key Developments
Our report outlines two significant changes:
- Elimination of Real Estate Options (October 2023): It explores the implications of the October 2023 law that phased out real estate investments from the Golden Visa Program.
- Citizenship Law Update (January 2024): The report additionally examines how Portugal’s modified citizenship law improves the road to EU membership by counting the residency application time toward the five-year citizenship eligibility.
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A Collaborative Expert Analysis
The report is a collaboration of professionals from Portugal, including lawyers, fund advisors, fund managers, and leaders of sector-specific platforms. It provides a thorough analysis of the shifts in Portugal’s Golden Visa Fund landscape for 2023 and offers a forward-looking view into 2024.
In-depth reviews and analyses by our contributors enabled us to gain a deep understanding of Portugal’s investment climate. The insights from these professionals paint a comprehensive picture of the upcoming challenges and emerging opportunities in Portuguese Private Equity and Venture Capital funds.