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Portugal Golden Residence Permit Program
Continuing Popularity! October Investment in Portugal Golden Visa Doubles
According to statistics from the Portuguese Immigration and Borders Service (SEF), investment in the Portugal Golden Residence Permit program doubled in October compared to September, reaching 74.2 million euros, up from 37 million euros in September.
Focus | New Regulations for Permanent Residency Applications under the Portugal Golden Residence Permit Officially Take Effect
On September 11, 2018, the Portuguese government issued the new decree No. 9, which officially took effect on October 1. This decree introduced a new provision regarding "the application for permanent residency by holders of the Golden Visa and their families": Article 65 -K (65-K): Holders of the Golden Visa and their dependents can easily apply for permanent residency after holding the Golden Residence Permit for five years.
Beneficial New Portuguese 'Golden Residence' Policy: New Naturalization Law Benefits Newborn Children
As one of the first EU Schengen countries to introduce a stable residency-by-investment program, Portugal provides a solid legal foundation for Golden Residence applicants through sound legislation and clear immigration policies. Portugal has now introduced updated laws for applicants who have obtained residency through property investment, benefiting the children of every Portuguese Golden Residence visa holder.