Government has finally announced the much anticipated changes to Golden Visas via a real-estate investment in both Porto and Lisbon metropolitan areas, as well as the coastline.
The transition period, starting July 1st 2021 will raise the minimum investments amounts. The current investment tier is 500k euros, or 350k euros in case of rehabilitation in the historic parts of the city (denominated A.R.U. zones). The government has stated it will communicate how much the raise will be at a later date, as well as what constitutes the coastline.
By the end of 2021, investors keen on a Portuguese golden visa will need to look beyond Lisbon and Porto metropolitan areas for qualifying opportunities. The intent of the measure is to shift investment to low density areas and also curb the rise in rental prices in the top two Portuguese cities.
In case you are considering the option of make use of these last 6months of polity to make a qualifying 350k euros golden visa investment in Porto, please check our investment section or contact us here.
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