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Portuguese President Refuses to Sign, Gold Visa Pending Change of Government!

label: 2023-03-31

Since Portugal issued the news of political change in mid February, the time for publishing the detailed rules of political change has been pushed back and forth. Recently, Portuguese President Marcelo de Sousa gave a firm verdict: "The current proposal for political change is not operational."

"He also said, 'Don't have unrealistic expectations about the final legislation of this proposal, because it obviously cannot solve the real problem, so he won't pass this proposal.'"

01

Portugal is unlikely to change politics

Currently, the draft of the Portuguese gold visa is still in the discussion stage, and after that, it needs to enter the stages of voting, proposal, and voting. Finally, the proposal will become law after being signed by the President.

Portuguese President Marcelo de Sousa has made it clear that "the content of the proposal needs to be reconsidered" and hopes to "have time to reflect, change, and improve.".

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In other words, the Portuguese President refused the proposed political change and the gold visa was temporarily safe.

02

Gold visa fever is only increasing but not decreasing

Recently, the Portuguese Immigration Bureau announced the gold visa data for February 2023. According to the latest data, compared to January, the number of Portuguese gold visas approved in February showed an alarming increase.

According to data, in February 2023, a total of 130 main applicants were granted golden residence visas, an increase of nearly 40% compared to January. Meanwhile, as many as 209 affiliated applicants were approved in February, significantly higher than the 153 approved in January.

Since the introduction of the Portuguese Gold Visa, it has been highly favored by applicants in terms of investment costs, application conditions, quality of life, global reputation, visa free passage, and naturalization requirements.

With a Portuguese gold visa, you can:

Settle and live in Portugal

Portugal, with hundreds of blue flag beaches, a mild climate, and abundant sunshine, is a world-renowned resort for the elderly. Moreover, the local security index is high, the integration of immigrants is high, and the price level is low, making it very livable.

Enjoy a complete medical system

Portugal has a comprehensive medical system with a high level of medical care. Every year, the government invests about 10% of its GDP in medical care.

Public hospitals and health centers provide free medical services to Portuguese citizens, and holders of gold visas, like permanent residents, can enjoy corresponding medical services based on the insurance purchased.

Enjoy adequate educational resources

Portugal is rich in educational resources. Schools provide bilingual teaching in Portuguese and English. Immigrant children can enjoy free education services in local public primary and secondary schools until they are 18 years old. They can also choose to return to China to participate in the joint examination for overseas Chinese students.

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Access to European Schengen countries

Portugal is one of the member countries of the Schengen, and holders of a Portuguese gold visa can be exempted from the other 27 Schengen countries, and stay in the other Schengen countries for no more than 90 days every six months.

Enjoy EU resources

Portugal is a member of the European Union, and becoming a Portuguese citizen can freely choose to reside, live, study, work in other EU member countries, and enjoy the same benefits and rights as citizens of that country.

Living in the United States

In 2023, Portugal officially became a Contracting State of the United States' E1/E2. Portuguese citizens who meet the conditions can apply for an E-1/E-2 visa to immigrate to the United States, and their children can study in the United States.

Currently, you only need to purchase a property of over 280000 euros to obtain Portuguese residency status, enjoy a high-quality living environment in Europe, excellent benefits, and excellent educational and medical resources.

Before the implementation of the golden visa reform in Portugal, interested investors must seize the opportunity to catch the last bus of European housing immigrants! Welcome to inquire Xingyunhai International~

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