Good news for one of South Africa’s most popular routes to an EU passport – but there’s a catch

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Good news for one of South Africa’s most popular routes to an EU passport – but there’s a catch
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The future of Portugal’s popular Golden Visa was thrown into doubt in November this year.

The future of Portugal’s popular Golden Visa was thrown into doubt in November this year when Prime Minister António Costa said the programme was being re-evaluated, but Portugal’s parliament subsequently voted against a proposal to terminate the Golden Visa Programme.

The proposed changes to the EU’s citizenship-by-investment programmes are important for those looking to invest. The changes proposed are focused on preventing people that are involved in money laundering, tax evasion, and other crimes, from benefiting from such visas. While there are a range of investment options that could qualify you for a “golden visa”, the most popular is a property investment of at least EUR 280,000.

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