Latest news and stories about citizenship in finance in Portugal for expats and residents.
Demand for Portugal's golden visa program has experienced a notable decline following legislative changes that effectively doubled the mandatory citizenship waiting period for applicants.
Portugal's golden visa program faces significant challenges as the processing time for citizenship applications has doubled, impacting investor interest and residency timelines.
A new survey of Americans either considering, actively planning, or already living in Portugal has found that 49% are open to renouncing U.S. citizenship once they become Portuguese nationals. Out The post Almost 50% of Americans moving to Portugal open to renouncing U.S. citizenship appeared first on Portugal Resident.
Home News Half of Americans in Portugal consider renouncing US citizenship Half of Americans in Portugal consider renouncing US citizenship A survey by Portugalist.
The article does not specifically focus on Portugal but highlights that European passports, including those from Portugal, have become increasingly essential for personal and business strategies over the past decade. It emphasizes that Cyprus's passport has recently been ranked as one of the strongest globally, ranking 5th in the Nomad Passport Index, thanks to its high visa-free travel freedom, favorable tax policies, and flexible citizenship rules. The ranking underscores the growing importance of European passports in global mobility and strategic planning for entrepreneurs and professionals.
