The Argentinian golden visa reached peak popularity in the 1940s and 1950s, I believe, and back then they were using actual gold.
Thus, where the āgolden visaā got its name.
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Given the law will be proclaimed in Feb, surely the big law firms have GV applicants who paid analysis fee in Feb 2019 or earlier who are now ready to file citizenship the day the law becomes effective.
Iām hopefully by early next year weāll have an actual decision on those cases, maybe if the lawyers are charming enough they can know someone on the inside who processes such applications and get an answer to that specific question next month! E.g. surely they can write a letter and ask for this specific situation what their agencies opinion is.
And if they view it negatively Iām sure after a decline due to time there will be a lawsuit.
Likely the next milestone for meaningful information will be around 90 days after the law become effective. Thatās when the regulations will come out to operationalize the law. Hopefully around June.
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Or the politicians say āOh, crap, we didnāt mean this to apply to the Golden Visa crowd. Weāll change the law.ā
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Sooner or later we will all eventually be citizens. Meaning we will get to vote. And I donāt know about you guys but I will have a long memory of how we were treated along the way and by which party 
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I donāt think weāre that relevant in the scheme of things even if we personally feel very significant and I donāt think the AIMA delays to our GVs are personal even if they feel personal to us. Iād take the citizenship law change as an inadvertent win and move on without making noise that gives haters some inspiration.
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Agreed. Iām not a fan of newspaper articles entitled āGreat News for Golden Visa Applicantsā etc.
It looks like the President has vetoed the changes that counts the wait time for residency to citizenship.
The Constitutional Court now gets the next month to either override the Presidentās veto or sustain it, in which case the bill fails.
Not super hopeful given the Presidentās expertise in Portuguese constitutional law.
Can you please post a link on the news? Canāt find anything on that for some reason.
The submission to the Court seems to relate solely to the transition clause related to applications by Sephardic Jews. However, I gather if the Court declares that clause unconstitutional, the whole package falls and would have to be reintroduced.
buckle up. here we go again.
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Thank you. So the president has not vetoed it, but sent to the court.
From Safari translation to English of this document, it seems he is more concerned with the unconstitutionality of Decree-Law No. Āŗ 26/2022 of March 18, which he says this law is trying to remedy with a workaround.
And that since that law is unconstitutional and being challenged in the courts, this workaround is trying to shortcut the legal process on the unconstitutionality of that lawā¦
Hence the specific reference to Sephardic Jews, as that law apparently added extra steps to the their application for naturalization and it looks like they are all caught up in the same mess we are in and are suing the government on constitutional grounds on the validity of the entire law.
Meaning if they repealed Decree-Law No. Āŗ 26/2022 of March 18, the president does not seem to have an issue with this law in itself.
Or at least that is what I was understanding from the translationā¦
Not that any of this makes any difference to us - as it is quite likely that the overall law will be disallowed due to thisā¦
Iām not going to sweat this. Either we will get the benefit of our wait time between application and card issuance, or we wonāt. Sooner is better than later but none of this affects my plans.
Consider that PS is favored to win in the upcoming elections, and that the inspiration for the passage of this legislation has not lapsed. If the proposed law was rejected for a small defect, itās reasonable to hope that it will be revised and resubmitted after the government is formed. I donāt mind seeing the process work as intended to ensure constitutional legitimacy.
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Does the Portuguese lawmaking process not have severability?
Seems odd to strike down an entire prospective law over a small section of it, but maybe thatās how they do it.
By whom? The polls are very, very close.
I assume this petition factored into the Presidentās decision to refer the legislation to the Constitutional Court:
LOL Portugal does it again. This will never get old.
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Any sliver of hope we have is promptly stamped out. It really feels like the official policy of the government is to F over GV investors at every possible opportunity. They took our money and ran. And now if and when we ever get the damn cards, 3-4 years later, our money will be tied up far longer then we expected due to the need to hold through the five year clock.
Can the constitutional court just rewrite or sever this one part that the president objects to?
Thatās the main target. They know that after citizenship is achieved, most investor will withdraw his/her money immediately. Hence, dirty game needs to be played out here i.e. simply not issue the cards 