{"id":32724,"date":"2021-11-22T12:59:59","date_gmt":"2021-11-22T12:59:59","guid":{"rendered":"https:\/\/blog.travelcenter.uk\/?p=32724"},"modified":"2021-11-22T13:26:53","modified_gmt":"2021-11-22T13:26:53","slug":"portugal-golden-visa-program-introduces-new-changes","status":"publish","type":"post","link":"https:\/\/www.travelcenter.uk\/blog\/portugal-golden-visa-program-introduces-new-changes\/","title":{"rendered":"Portugal Golden Visa Program Introduces New Changes!"},"content":{"rendered":"\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">The government of Portugal has confirmed that the Portugal Golden Visa Program will be subject to several new changes, effective from January 1, 2022.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Accordingly, among the new changes in Portugal&#8217;s Visa Program will be the elimination of Lisbon, Porto as well as the Algarve as territories eligible to purchase houses and apartments.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">The government also clarified that the minimum investment value for real estate, which currently stands at \u20ac500,000, will remain the same.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Visit SchengenVisaInfo.com for more reports on the above!<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Portugal&#8217;s government has also announced that the investment values will climb by more than 50%, which means investment funds will increase from about \u20ac350,000 to \u20ac500,000.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Regarding the incorporation of a commercial company or to reinforce the share of a commercial company, internationals interested in such a program will be required to invest \u20ac500.000 instead of \u20ac350,000, as well as to create at least five jobs.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">The new changes have been specifically designed to promote international investment in low-density territories.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Through this new change, the capital transfer will be increased from \u20ac1 Million to \u20ac1.5 Million. At the same time, the capital transfer for research activities will also increase from \u20ac350,000 to \u20ac500,000.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Portugal&#8217;s government announced that it prolonged the deadline in order the deadline to include investments in Porto and Lisbon from the Golden Visa program from July 2021 until January 2022. However, the announcement came after local authorities urged to prohibit investments in both territories as a way of encouraging investments in other areas that are less popular.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Since 2012, a total of 16,910 family members have been included in the Golden Visa applications. If they receive Portugal&#8217;s Golden Visa can become eligible for citizenship after five years.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Internationals interested in receiving Portugal&#8217;s Golden Visa are not required to live in Portugal during the period to acquire citizenship through this program. However, they need to spend seven to fourteen days per year in Portugal.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">Still, they will be obliged to prove the accommodation in Portugal, a steady income as well as at least basic knowledge of the Portuguese language.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color\" style=\"font-size:17px\">What are your thoughts on Portugal&#8217;s Golden Visa program? Let us know in the comments below!<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The government of Portugal has confirmed that the Portugal Golden Visa Program will be subject to several new changes, effective from January 1, 2022. Accordingly, among the new changes in Portugal&#8217;s Visa Program will be the elimination of Lisbon, Porto as well as the Algarve as territories eligible to purchase houses and apartments. The government [&hellip;]<\/p>\n","protected":false},"author":347,"featured_media":32730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[612],"tags":[],"class_list":["post-32724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Portugal Golden Visa Program Introduces New Changes!<\/title>\n<meta name=\"description\" content=\"Portugal\u2019s government has confirmed that the country\u2019s Golden Visa Program will be subject to several new changes. 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