The “Mais Habitação” bill proposed by the government has been rejected by the President of the Republic, leading to its return to Parliament for the necessary amendments.
This course of action implies a minimum of one additional month will be required before the bill can be ratified. Consequently, the existing structure of the country’s golden visa program will persist unchanged during this period.
Following the bill’s eventual endorsement by Parliament, the updated rules for the golden visa program will come into play. As a result, individuals seeking eligibility for a Portuguese golden visa under the previous rules, including those centered on real estate investments, must submit their applications before the revised law takes effect. This transition is anticipated to occur around September.