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Portugal isn’t alone in walking back its attractive residency route for the wealthy—Spain recently announced it would scrap its golden visa in a bid to make housing affordable again.
The Portugal Golden Visa is an immigrant investor program by the government of Portugal that granted residency in Portugal to people who invested in properties worth at least €500,000 or created 10 jobs in Portugal.
Lately, though, Portugal's golden visa has lost some luster. In 2024, a growing backlash from locals prompted the Portuguese government to narrow its visa program.
16 February: The Portuguese government announces the end of the Portugal Golden Visa investor program, as well as a ban on new licenses for Airbnbs, due to a severe housing shortage and rising rents. [1] 28 March: 2023 Lisbon Ismaili Centre stabbing: Two Portuguese women are killed in a stabbing attack at an Isma'ilism Shia religious centre in ...
Golden Visa chasers helped pump $4.2 billion into Portugal last year—scrapping the scheme probably won’t help locals get on the housing ladder Ryan Hogg May 1, 2024 at 8:03 AM
The Portuguese government announces the end of the Portugal Golden Visa investor program, as well as a ban on new licenses for Airbnbs, due to a severe housing shortage and rising rents. Sports. 2022–23 FIS Alpine Ski World Cup. FIS Alpine World Ski Championships 2023
Portugal plans to adapt its golden visa scheme to allow wealthy foreigners seeking residency rights to invest in affordable housing for locals or accommodation for migrants, the cabinet affairs ...
Economic recovery, NHR, EU pensioners, Golden Visa and Sephardi Jews: 2014–2019. Following the recovery of the Portuguese economy starting in 2014, immigration to Portugal increased once again. From 2014 to 2019, emigration decreased by 42.8% while immigration increased by 413%. [98] A Portuguese residence permit issued to non-EU citizens