Portugal’s government has collapsed after no confidence vote in parliament, bringing uncertainty to the country until a new government will be voted in the next May 18 elections. Portugal is seeing through three elections within three years, with minority governments struggling to maintain power lacking support, suggesting “precarious” politics. Luis Montenegro became new prime minister after socialist Antonio Costa resigned in November 2023 due to corruption probe.
What May Happen?
The government collapse will not affect golden visa program as such, the law assures protection the residency status of investors, but the he future of the portugal golden visa program cold be challenged, should the new government decides to tighten immigration rules on foreigners or worst yet, entirely scrap the golden visa program.
AIMA Operations
The government collpase has not affected AIMA operations. AIMA is currently processing applications normally and infact has expedited the processing of applications without any delays. At the current pace, the backlog of 50,000 residency applications should be cleared by mid summer.
Thriving Real Estate
Portugal’s real estate market is thriving generating high yields from properties thanks to surge in tourism and demand for properties. For those who missed the chance to invest in real estate, it is possible to invest 500K euro in Prime hospitality fund, backed by real estate assets with 10% annual returns. Since Oct 2023, Portugal has decoupled the property ownership, under golden visa program.
Avoid Last Minute Rush
Individuals interested in the Portugal Golden Visa program should closely monitor political developments and potential policy changes.
We ask potential candidates to APPLY NOW, not to miss out on the last golden chance to apply for Portugal GV, and avoid last minute rush and delays before major policy shifts takes place in Portugal.
Portugal GV is one of the best crafted immigration by investment program in Europe running since 2010. The PGV has been the most successful in Europe, has enabled tens of thousands of rich investors and their families become residents of Europe raising 6+ billion euros. Some went on to become EU citizens after maintaining their resident status for 5 years.
