So my take from all of this is —— no one really knows yet. Sit tight everyone and wait out the process. This still has a comment period of 30 days, then it has to go to parliament, then depending on the outcome, potential lawsuits happen. No one knows where it will end up. We did the GV fund (and later also bought property separately) because we love PT and want to eventually move there and wanted to also use the family reunification option. I’m hopeful that it will ultimately be found unconstitutional to not allow a cessation of renewals but they could find ways to end that too if they really want (ex making the fees so extraordinary that you “choose” not to renew). Everything at the moment is pure speculation so don’t get too worried yet over this proposal.
If you haven’t invested yet, I would put a hold on your plans. Clearly the government has fundamentally revised their position on the GV and if it were me at this point, I would not invest.
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