“Solidarity Investment”: Portugal Golden Visa Program new option or something else?
On June 3, 2024, Portuguese Government announced its new Action Plan for Migration. Including Measure 32, which promises to “create an instrument to channel private capital into social investment in immigrant integration projects.” The new Portuguese government would also apply the Social Impact Bonds model to the area of migration to increase opportunities for integration into the labor market and working conditions. Nevertheless, the Government insists on not referring to the new social investment option as a “Portugal Golden Visa.”