Great news for investors - there will be no changes to the Golden Visa program up until January 2022. This is a great opportunity to take advantage of the benefits of investing in Portugal.
In relation to the changes of the Golden Visa program, approved on 22nd December 2020 and released on the 12th of February by Decree Law 14/2021 (effective date on 1st January 2022), there are a few points that should be highlighted. These amendments are focused on two main aspects:
1. Increasing minimum thresholds of investments in certain categories of investment
2. Defining the specific areas where residential property investments will be allowed for the purposes of substantiating a Golden Visa application.
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Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. Our sales representatives for overseas property work exclusively in relation to properties outside Hong Kong and are not to deal with Hong Kong properties, unless expressly stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties. The last updated date: 03.05.2021.