May 28th, 2023 at 03:21 am
The Top Alternatives to Portugal Golden Visa
Now that the government has said it will end the Golden Visa program to avoid a housing crisis, Portugal will discuss and decide on a draft law to end the program on March 16. After that, the rule was changed to get rid of the ARI golden visas for good. We think the government would give us more time to get through all the backlogs. Accepting new applications would decide what would happen. One of the worst things about Portugal is that owners and their families had to wait between 10 and 12 months for residence permits.
The CBI and the Golden Visa programs won’t last forever. Don’t miss the golden ride if you want to live better in Europe. The European Commission is putting a lot of pressure on every country with a “golden visa” program to get rid of all investment plans by 2025. We’re getting more and more questions about options to Portugal golden visas, which we’ll answer below.
Greece and Malta are still two of Portugal’s best options. Both countries let people live there permanently in the Schengen area. So far as we know, Malta is the cheapest. In 2024, Greece will have doubled to 500,000 euros. The Ireland Golden Visa is no longer valid. Spain has put forward a plan to end the Golden visa program. With a 10% payment, you can still use the $250,000 property investment until the end of the year.
Golden Visa |
Investment |
Condition |
Greece |
250,000 € |
Real estate |
Malta |
100,000 € |
Donation. Must prove €500,000 in assets (eg. properties, investments, cash etc) |
Spain |
500,000 € |
Real Estate |
Latvia |
250,000 € |
Bonds or Real estate |
Cyprus |
300,000 € |
Real Estate. Note Cyprus is Non-schengen |
Netherlands |
1,250,000 € |
Dutch companies or investment funds |
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