Communication

On February 6, 2020, a legislative authorization that allows the current Government to legislate directly on the issue of Gold Visa was approved. But what does this legislative change mean? It has 3 purposes:

1. to maintain all current investment options, updating the minimum investment values;
2. To limit the eligibility of real estate investments regarding their geographical location to certain areas of the Portuguese territory;
3. To extend the regime to investments in activities of high environmental or social value, which may lead to the already discussed "Green Visa".

It is also interesting to know when the regime will change. In reality, the Government can present the changes to the regime until December 31^st, 2020, and the Assistant Secretary of State to the Prime Minister considers that "there is still no disruption that justifies cancellation of businesses".

In summary, all the investment options will continue to be active, with a high probability that new options of environmental or social character may be added, with an exception for territorial limitations that may be imposed to the real estate investment.

For further information on the subject, please consult the document below:

European Union managed to close a Free Trade Agreement with the Socialist Republic of Vietnam, which will clear off almost 99% of barriers on tariff lines currently existing between the two areas. For the European Union it represents the possibility for improving exportations with Vietname. For Vietname, it’s the advantage of improving human rights policies.

For more information, read the full article bellow

 "The objective is to allow foreign applicants not residing in Portugal to be granted rights regardless of their physical location, replicating the model implemented by Estonia in 2014."

Ricardo Costa Macedo and Diana Mâncio da Costa of Caiado Guerreiro look at Portugal’s approach to CBD.

This article written by Caiado Guerreiro partner Ricardo Costa Macedo and the jurist Diana Mâncio da Costa, portrays the first Guide about Cybersecurity for Medical Devices recently published by the European Medical Devices Coordination Group (MDCG). 

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The partner, João Caiado Guerreiro wrote an article about the increase in white collar crime work in Portugal for the May edition of the Iberian Lawyer magazine.