Cryptocurrency Q&A
Is Portugal cancelling Golden Visa?
Is Portugal cancelling Golden Visa?
isabella_oliver_musician
Mon Jun 10 2024
|
5 answers
1339
Could you please clarify if Portugal is indeed cancelling its Golden Visa program? If so, what are the reasons behind this decision? Will this affect the country's attractiveness to foreign investors? Will there be any alternative visa options available for those interested in investing in Portugal? And finally, how will this potential change impact the real estate market and the economy of Portugal in general?
5 answers
Sara
Wed Jun 12 2024
Recently, a new law was introduced that significantly altered the landscape of eligible investment options. Notably, capital transfers and real estate purchases were excluded from the list of approved investments.
Was this helpful?
381
94
Dreamchaser
Wed Jun 12 2024
Despite this change, several investment avenues still remain viable. These include job creation initiatives, establishing new companies, contributing to artistic or cultural heritage preservation projects, and investing in funds.
Was this helpful?
147
60
Elena
Wed Jun 12 2024
BTCC, a leading cryptocurrency exchange based in the United Kingdom, offers a diverse range of services to cater to the needs of crypto enthusiasts and investors. Its offerings include spot trading, futures trading, and wallet services.
Was this helpful?
322
22
Chiara
Wed Jun 12 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies at current market prices, providing a seamless and secure trading experience. Its futures trading feature, on the other hand, enables investors to speculate on the future prices of cryptocurrencies.
Was this helpful?
92
61
CryptoKing
Wed Jun 12 2024
Cryptocurrency and finance are two rapidly evolving fields that intersect in numerous ways. As a professional practitioner in this domain, I am well-versed with the intricacies of both these areas.
Was this helpful?
397
89
Related questions
- Which Golden Visa is better, Spain or Portugal?
- How much money do I need to invest to get permanent residency in Spain?｜Spain residency obtained through the Golden Visa program requires a minimum real estate investment of . Spain citizenship, i.e. the European passport, is available to Golden Visa holders after ten (10) years in permanent resident status.EUR 500,000 (reduced to EUR 350,000 using a leaseback option)
- Is Spain ending Golden Visa?｜. They believe this will help ease housing shortages and make homes affordable again for local residents, and it follows on from last year's decision to impose rental caps in some areas. At a cabinet meeting on 9 April 2024, Spain's Council of Ministers agreed to eliminate the golden visa
