Portugal's Tax Haven Blacklist: The Inclusion of Isle of Man & Uruguay

The Portuguese Golden Visa programme is widely regarded as one of the top global Golden Visa options. In order to gain a deeper understanding of this program, it is important to analyse its characteristics. The Portuguese Golden Visa allow the holder to appreciate a high standard of quality life at an affordable cost, making it an attractive destination for individuals from diverse backgrounds. Another reason is with the Portugal Golden Visa, the holder can easily travel, reside, and work in other European Countries, giving them unparalleled freedom to decide where they want to go. One of its features is a low residency requirement, holders of the visa are required to stay in the country for an average of only 7 days per year, which is one of the lowest requirements among Golden Visa programmes. This allows for more freedom of movement. Additionally, the citizenship eligibility is also lower compared to other programs. In Portugal, one can acquire citizenship within 5 years, whereas in Greece's Golden Visa programme, it takes 7 years to become eligible for citizenship.