The topic has gain international attention, with both Reuters and Bloomberg reporting on the Portuguese government’s latest considerations — emphasising the global relevance of these measures. You can assess the full coverage here: Bloomberg | Reuters.

In an interview with Bloomberg, Minister of the Presidency António Leitão Amaro stated that a series of initiatives aimed at attracting international investors and global talent are currently under discussion. These include revisions to the golden visa and tax frameworks, with the objective of “organising them in a more effective and economically efficient way,” while ensuring that any changes remain “economically and socially fair.” Leitão Amaro also confirmed there are no plans to end or “demonise” the golden visa, a marked departure from the stance of the previous socialist government.

“There’s no plan to end it. It’s not on the table,” said Amaro. He also revealed that AIMA is working to clear a backlog of nearly 45,000 golden visa applications currently awaiting review.

Bloomberg

Separately, in an interview with Reuters, Amaro outlined the government’s intention to introduce a “solidarity visa” — a complementary modality to the existing golden visa scheme. This initiative would allow wealthy foreigners to invest specifically in affordable housing for locals or accommodation for migrants, responding to increasing housing pressures and social challenges within urban areas. While maintaining the original programme, the new solidarity visa aims to direct capital towards socially impactful projects such as integration efforts and infrastructure for vulnerable populations.

Reuters

Portugal’s golden visa — one of Europe’s most sought-after residency-by-investment programmes — currently allows non-EU nationals to obtain residency through routes such as investing a minimum of €500,000 in eligible funds, donations to cultural initiatives, or job creation. Beneficiaries may also access a flat income tax rate of 20% and exemptions on most foreign income.

Now, with these proposed reforms and the introduction of a solidarity visa, Portugal reaffirms its position as a leading destination for global investors — while balancing economic growth with social responsibility.

To learn more about Golden Visa Portugal and the eligible funds, visit our LinkedIn page or visit us at www.magnifygvfunds.com

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