The gov’t. plans to channel capital from foreign investors to projects that would help integrate immigrants. Just don’t call it a golden visa.
As the government falls, the legislative initiative to end the NHR regime falls with it.
A source at the SEF says the agency has 7,802 pending applications. At current rates, processing these will take 6.8 years.
If the law is approved, investors will not get what they paid for. It’s “a violation of basic constitutional rights,” says one lawyer.
Portugal’s Parliament is likely to approve new crypto taxes in November. Looking beyond the headlines, however, that’s actually good news.
“The real backlog”, says Pedro Catão Pinheiro, “is still ahead of us. It will come with the wave of applications filed on June 15th.”
How soon could crypto-tax become a reality in Portugal? And could Portugal remain a relative crypto tax haven even with taxes?