The Golden Visa program

The Golden Visa program is a residency-by-investment scheme that allows individuals to obtain residency in a country by making a qualifying investment. In the case of Portugal, the Golden Visa program was established to attract foreign investment by offering residency to individuals who make certain types of investments in the country.

To explain the Golden Visa to your clients, you can use the following points:

1. Definition: The Golden Visa program in Portugal is a residency program that allows non-EU citizens to obtain a residence permit in Portugal by making a qualifying investment in the country. This investment can take the form of real estate acquisition, capital transfer, job creation, or scientific or technological research.

2. Benefits: The program offers several benefits, including the ability to live and work in Portugal, visa-free travel within the Schengen Area, eligibility for permanent residency and citizenship after meeting certain conditions, and access to Portugal's healthcare and education systems.

3. Investment options: The Golden Visa program in Portugal allows for several investment options, including real estate investment, investment in a Portuguese investment fund, capital transfer, job creation, or investment in research and development activities.

As for when the Golden Visa program will stop in Portugal, as of our last knowledge update in September 2021, there were discussions about potential changes to the program, including the possibility of it being phased out or restructured. However, it's important to note that regulations and policies can change over time, so it's crucial to stay updated with the latest information and consult with legal or financial professionals for the most current details.

To apply for a Golden Visa in Portugal, you will need to follow a specific set of steps and meet certain requirements.