Carlos Couto and Chen Chen are quoted in an article published by Funds People titled ‘Portuguese Securities funds as instruments for foreign investment atraction and national business development’.
In response to the question ‘Could the European Court of Justice's decision affect the Golden Visa regime in Portugal?’, the article clarifies that the Portuguese regime allows for the granting of a temporary residence permit upon making an investment in the country for a minimum period of five years.
Carlos Couto and Chen Chen explain that, during this period, eligibility requirements are subject to periodic review, and there is no automatic granting of nationality. Once this period has ended and the applicable legal requirements have been met, “the holder of the Golden Visa may apply for Portuguese nationality under the general terms of the Nationality Law, with no fast-tracking mechanism in place”.
- This article is available here.
