We would like to inform you that today the President of the Republic has vetoed the “Mais Habitação” law.
The next step in this process is the return of the “Mais Habitação” law to the Parliament where it can be i) changed by the Parliament and sent again to the President or ii) confirmed by the majority of the deputies at the Parliament and in this case the President will need to accept it.
In any case, it is unreasonable to expect that the Parliament makes any decision before the end of September 2023, since at the moment the Parliament is closed for the summer break.
Our advice to all our clients is to move forward as soon as possible with their investments. The current timelines will allow investors to start and submit their process before the potential end of the Golden Visa program.
In this sense, it is essential that we make our investors aware that the current average time to conclude the investment, with IAS, is around one week, which – under current timing, provides enough time to invest and be part of the Portuguese investment program.
We will continue to monitor the situation as closely as possible, keeping investors and partners informed of any developments while remaining available for any clarifications needed.
Read our complete Portugal Golden Visa guide
More from the newsroom
Updates on programs, projects, and the markets we operate in.
Mercan Takes First Step in Lisbon with Hotel Targeting Corporate and Mice Segment
Mercan takes first step in lisbon with hotel targeting corporate and mice segment Vida Imobiliária spoke with Mercan Properties and AHM – Ace Hospitality Management about the Moxy Alfragide Lisboa, the group’s first hotel in Greater Lisbon. Mercan Properties debuted this year in Greater Lisbon with the opening of Moxy Alfragide Lisboa, a €63 million investment. […]
Portugal’s Leading Business Hotel 2025 at The World Travel Awards
Portugal’s leading business hotel 2025 at the world travel awards Congratulations, Renaissance Porto Lapa Hotel! The Renaissance Porto Lapa Hotel has once again been recognized as Portugal’s Leading Business Hotel 2025 at the prestigious World Travel Awards, often referred to as the “Oscars of Tourism.” The 32nd edition of the ceremony took place on October […]
Mercan Group’s New Partnership With the Government of Panama
Mercan Group’s new partnership with the government of panama is featured in imi daily During IMI Connect Rome 2025, held from October 7 to 9, Mercan Group announced its new chapter in the investment migration industry: a partnership with the Government of Panama to actively support the international promotion of the country’s Qualified Investor Program. […]