Portugal Reverses Decision To Shut Down Golden Visa Program

Investors Unhappy at Portugal Plan to Bar Golden Visa Property Investments in Lisbon, Porto

Portugal’s 2020 state budget has proposed a significant change to its golden visa program that, if implemented, will have a huge impact on its popularity among wealthy foreign investors.   The government has proposed restricting property purchase in Lisbon and Porto as eligible investments to qualify for permanent residence under the golden visa program.  Going…