Portugal's "Golden Visa" program is really going to bid farewell to the stage of history forever!

According to the latest news from Reuters, Portuguese Prime Minister Antonio Costa officially announced on February 16, 2023 that he would officially cancel the Portuguese "Golden Passport" investment immigration project!

Sources said that Portugal's gold residence is about to stop, and the transition period and stop date will be announced on March 16, 2023. To grab the position as soon as possible!

As early as November last year, Costa said that the ten-year gold visa had fulfilled its due duties and completed its historical mission, and was now discussing the closure of gold residence.

In other words, the golden visa may bid farewell to the historical stage at any time, leaving us not much time!

In fact, it is not just Portugal. In fact, many European countries have already seen a common signal-the "golden passport" permanent residence project may be changing.

Recently, according to the European Union News Agency, the European Commission for Civil Freedom, Justice and Home Affairs released the latest draft, listing a series of measures to solve the problems related to "obtaining citizenship and residence rights in investment plans.

In the end, the committee passed the draft text by 61 votes in favor, 3 votes against and 5 abstentions. The committee called on member states to gradually cancel all "golden visa programs" that do not meet the requirements of EU law ".

According to the latest plan, the EU is likely to finally completely close the investment immigration project in 2025! And some EU gold passport programs have been closed!

On the whole, the end of the golden passport and visa program is inevitable. The policies of various countries have been gradually tightened. The only question is when it will be terminated.