Golden Visa Program | News Update

2 November, 2022
Golden Visa Program | News Update

Mercan Properties has acknowledged the statements of the Prime Minister, António Costa, after a visit to the Web Summit, taking place in Lisbon, according to which he is evaluating the continuity of the Golden Visa program for obtaining a residence permit in Portugal.

We highlight that we have no evidence to support these statements, either in the 2023 State Budget or in any other legislation approved to date. Nevertheless, please note that we will start a due diligence process and will contact the relevant stakeholders for a full clarification on this subject.

Mercan Properties will continue to follow up on this matter and will update this announcement as soon additional information is available.