Portugal Immigration News
Portugal: immigration policy, education, living, property and more.
Good News! The validity of the Portuguese residence card has been extended until the end of 2023
Recently, the Diário da República of the Portuguese Republic published the latest legislation, and Decree No. 90 of 2022 has come into effect, officially announcing that the validity of the Portuguese Golden Residence Visa (limited to residence visas expiring after February 24, 2020) can be extended until December 31, 2023! This is indeed great news for investors.
Good News: Portugal Officially Becomes a U.S. E2 Treaty Country
Recently, U.S. President Biden officially signed the National Defense Authorization Act for Fiscal Year 2023 (NDAA), which took immediate effect and included the AMIGOS ACT, officially making Portugal a U.S. E-1/E-2 treaty country.
New Educational Benefits for Immigration to Portugal: Free Enrollment in Private Kindergartens
Recently, the Minister of Labor, Solidarity, and Social Security of Portugal signed regulations extending free nursery benefits to private institutions.
Strong Recovery of Portugal's Tourism Industry: Seizing Opportunities for Real Estate Immigration Investment
Recently, according to the National Institute of Statistics (INE) of Portugal, in October, the national airports welcomed 5.7 million passengers, an increase of 42.6% compared to the same period last year, surpassing the passenger flow recorded before the pandemic in 2019 for the first time (+4%).
Portugal Golden Visa Data for November 2022 Released
Recently, the Portuguese Immigration and Borders Service (SEF) released the Golden Visa data for November 2022. In November 2022, a total of 121 main applicants and 138 dependent applicants were approved for the Portuguese Golden Visa, with an investment volume of 65.65 million euros. Among them, 18 main applicants were from the United States, ranking first, followed by the United Kingdom (14), China (13), Brazil (10), and Africa (10).
Lisbon, Portugal: One of the Best Cities for Expats to Live In
Recently, the globally renowned expat community InterNations released the "Expat City Ranking 2022" report, ranking the best cities for expatriates. The top three cities are Valencia, Dubai, and Mexico City, with Lisbon, the capital of Portugal, following closely in fourth place.
The Portugal Golden Residence Permit Program Remains Valid in 2023
Good news has arrived. During the recent budget amendment meeting for Portugal's 2023 budget, the Portuguese Parliament voted against the proposal by the Portuguese Communist Party (PCP) to "end the Golden Visa." This means the proposal to terminate the Portugal Golden Residence Permit Program was rejected in the 2023 budget, signaling that the alarm regarding the program's closure has been temporarily lifted, and it will not be canceled in 2023!
Portugal's October 2022 Golden Visa Data Released
Recently, the Portuguese Immigration and Borders Service (SEF) released the Golden Visa data for October 2022. In October 2022, a total of 83 main applicants and 111 dependent applicants were approved for the Portuguese Golden Visa, with an investment volume of 44.315 million euros. Among them, 15 main applicants came from China, ranking first, followed by the United States (12), Brazil (11), South Africa (9), and India (5).
Portugal's Housing Prices Are Rising Against the Trend, Seize the Opportunity for Real Estate Immigration Investment!
Recently, the Portuguese real estate portal idealista released the latest data: housing prices are rising across almost all of Portugal.
Breaking! Portugal's Golden Residence Program May Be Terminated
On November 2, 2022, local time, Portuguese Prime Minister António Costa stated in an interview: "The Golden Residence Policy has fulfilled its duties, and discussions are now underway to terminate it."
Portugal's September 2022 Golden Visa Data Released
Recently, the Portuguese Immigration and Borders Service (SEF) announced the Golden Visa data for September 2022. In September 2022, a total of 120 main applicants and 175 dependent applicants were approved for the Portuguese Golden Visa, with an investment amount of €67.427 million. Among them, there were 26 main applicants from China, ranking first, followed by the United States (17), the United Kingdom (16), Brazil (14), and India (7).
Portugal Wins the "Europe's Leading Destination" Award for the 5th Time
Portugal was recently honored as "Europe's Leading Destination" at the 2022 World Travel Awards (European stage). This is the 5th time Portugal has received this recognition in the past six years.