Golden Visa delays playing into the hands of Spain, Malta and Cyprus

SEF Portugal’s much-vaunted Golden Visa programme is failing to serve those whom it wishes to attract, with delays at the Foreign and Borders Service due to staff shortages and redeployment of key staff to Lisbon airport.

Investors pay €500,000 upwards for qualifying properties but are having to wait at least three months for the first meeting with SEF staff in Lisbon and are not allowed to arrange appointments in areas outside the one in which they are buying their property.

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