The Portuguese Golden Visa program is one of the most popular both in Europe and the world, and for good reasons: You can choose from a range of relatively affordable investment options that will give you both permanent residency and citizenship in 5-6 years.
Is Portugal getting rid of golden visa?
No, the Portuguese Golden Visa program is not coming to an end. However, as of 7 October 2023, there were significant changes to the program. Under the new rules, it is no longer possible to invest in real estate and qualify for the program. Alongside this, the capital transfer pathway has been discontinued.
Is it easier to get residency in Portugal or Spain?
In Portugal, just five years of temporary residency is enough to make you eligible to apply for Portuguese citizenship. In terms of citizenship timelines, Portugal is a much better choice than Spain.
What are the disadvantages of the golden visa in Spain?
Disadvantages may be:
- Permanent residency or citizenship is difficult to apply for and requires six months of residency each year for at least ten years.
- Unless full residency is established and citizenship is obtained, investors must hold the property for life in order to renew their golden visa.
Should I move to Portugal or Spain?
You should have no concerns about your safety when moving to Portugal or Spain to live. Both countries are safe to reside in without high levels of crime or violence. Both countries have a good reputation for their safety and security, although Portugal stands as one of the best.
Is Spain stopping the golden visa?
No official agreement to end the golden visa scheme has been reached but according to local media reports, Spain is already considering tougher requirements for applications.
Is Portugal Golden Visa changing in 2023?
October 2023 Update: Portugal's Golden Visa Program went through serious changes in October 2023. The changes have no retroactive effect on existing applications. However, the program ceases to accept real estate purchases and real estate related funds as qualifying investment options.
Which golden visa is better Spain or Portugal?
Is Spain cancelling golden visa?
Recent news of Portugal and Greece changing or eliminating their programs has caused some anxiety among foreign investors seeking residency in Europe. However, we want to assure our clients that the Spanish Golden Visa program remains unchanged and accepts applications from foreign investors.
Is golden visa Spain worth it?
Yes, a Spain Golden Visa allows you and your family members to travel through Schengen Zone visa-free for up to 90 days within a 180-day period. However, non-Schengen countries in Europe have their own visa requirements, so free travel is not always guaranteed.
Which country is nicer Spain or Portugal?
Ideally, you'd see both nations, but you want to give each a fair shake. In general terms: If you want to visit a warm climate with affordable accommodations, lots of great food, and a unique culture that's been influential on the world despite its size, head to Portugal.
Is Golden Visa Spain worth it?
Yes, a Spain Golden Visa allows you and your family members to travel through Schengen Zone visa-free for up to 90 days within a 180-day period. However, non-Schengen countries in Europe have their own visa requirements, so free travel is not always guaranteed.
Which country is the easiest to get a Golden Visa?
The Golden Visa in Greece is one of Europe's cheapest and easiest routes to obtaining permanent residency permits. There is a low investment requirement to submit a Golden Visa application.
Is Spain stopping the Golden Visa?
No official agreement to end the golden visa scheme has been reached but according to local media reports, Spain is already considering tougher requirements for applications.
Is Spain scrapping the Golden Visa?
No official agreement to end the golden visa scheme has been reached but according to local media reports, Spain is already considering tougher requirements for applications.