Newsletter Immigration, Golden Visa and Nationality - Amendments Golden Visa

On 6th October 2023, Law 56/2023 which includes changes to the Golden Visa regime was published, and it will enter into force on 7th October 2023.
 According to the Law the following investment activities will no longer be eligible:
1.    The transfer of capital in an amount equal to or greater than 1.5 million euros;
2.    The acquisition of real estate with a value equal to or greater than 500,000 euros;
3.    The acquisition of real estate which construction has been completed for at least 30 years, or located in an urban rehabilitation area and the execution of rehabilitation works in the acquired real estate, in the total amount equal to or greater than 350,000 euros.