The most recent changes to the Golden Visa (GV) program, which came into force with the passing of the "More Housing" Bill, excluded all real estate-related investments from being eligible options (as well as capital transfers of €1.5m), says Lourenço Alvares, Funds Product Specialist at Global Citizen Solutions. This limitation came as an attempt by the government to address the housing issue in Portugal, and so property acquisition and subscription of funds that invest directly or indirectly in real estate no longer qualify for the GV. The new law also replaced the wording for the ...
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