I haven’t seen any discussion on this so thought I would throw it out there.
For those interested in the ARI visa, the premise is that you invest money into Portugal in exchange for a path to residency or citizenship.
Portugal’s largest party is currently the socialist party. I don’t know exactly the politics of Portugal but I do know that socialists generally like to take money from those who have it an redistribute it to those that don’t, as well as the idea of elimination of private property. In that sense, it is not totally compatible with the idea of a golden visa investor or private investor.
I don’t know that Portugal has yet advocated outright banning private ownership of real estate or seizing real estate from foreigners, but I suppose that is possible at some point in the future. (As an aside, there are several lawmakers in the US that advocate for similar types of policies but it is not likely to go anywhere in the US anytime soon). I suspect that being part of the EU, it might create more problems for any EU country to seize property without some type of due process that we are familiar with in the US.
Is this something to be concerned about in the next 10 years and if so would it make sense to avoid citizenship and focus on permanent residency in Portugal due to these types of concerns? Or to look to another country altogether?