身份先行、投资破局！葡萄牙前新伊达尼亚市长莅临GLORY，共探欧洲投资新机遇

在全球资产配置持续演进的当下，越来越多华人家庭开始从“单一投资”走向“身份+资产+生活方式”的综合布局。

近期，葡萄牙前新伊达尼亚市市长阿尔明多·莫雷拉·帕尔马·雅辛图（Armindo Moreira Palma Jacinto）以及新伊达尼亚市文化艺术项目总负责人若昂·阿兰特斯（João Filipe Peraboa Rijo Abrantes）莅临GLORY上海职场进行交流，围绕葡萄牙黄金居留与文化艺术捐赠项目，分享了一线政策观察与实践层面专业视角。

在欧洲政策收紧的大背景下，葡萄牙为何仍具吸引力？文化艺术捐赠路径背后有哪些底层逻辑？以下内容为本次深度访谈精华。

从“投资工具”到“身份资产”的逻辑转变

过去，海外资产配置更多围绕单一收益目标展开；而今天，越来越多家庭开始意识到——身份本身，正在成为一种长期配置能力。

葡萄牙的吸引力，恰恰在于它所提供的不仅是居留身份，更是一种连接欧洲资源的通道：

• 教育、生活与全球流动性的协同

• 制度稳定与法律环境的可预期性

• 文化与社会环境的长期宜居价值

在当前欧洲整体趋于审慎的大环境下，葡萄牙并未简单“收紧”，而是引导资金流向更具公共价值与长期意义的领域，文化艺术捐赠正是在这样的背景下逐步受到关注。

精彩对话

提问：近年以来，欧洲各国”黄金签证“纷纷关停或涨价，您对葡萄牙黄金居留政策的未来走势有什么看法？ 在当前欧洲整体收紧与投资政策的大环境下，葡萄牙未来的开放态度会如何变化？

前市长阿尔明多·莫雷拉·帕尔马·雅辛图（Armindo Moreira Palma Jacinto）：近年来欧洲多国确实出现关停或收紧趋势，但葡萄牙呈现出结构性调整而非全面关闭的特点，葡萄牙仍保持对优质国际投资者的开放，政府目前措施是强化合规与监管体系。整体来看，葡萄牙对海外申请人的态度仍是开放与友好，政策趋于合规稳定。

政策变化之下如何理解“节奏”而非“窗口”

近期葡萄牙国籍法调整，引发市场关注。结合本次交流的政策观察，可以更理性地看待这一变化：

一方面，入籍周期的调整，可能使部分以短期为目标的需求出现观望；但另一方面，也在强化一个更清晰的信号——身份规划正在回归长期主义与真实需求本身。

对于以子女教育、家庭全球布局、生活方式升级为核心诉求的家庭而言，决策逻辑并未改变，反而更加清晰：不是“更快”，而是“更稳、更匹配”。

精彩对话

提问： 国籍法十年入籍政策实施后，会对申请葡萄牙黄金居留签证的申请人意愿，产生怎样的影响？是否会出现阶段性的波动，背后的核心原因是什么？

前市长阿尔明多·莫雷拉·帕尔马·雅辛图（Armindo Moreira Palma Jacinto）：从市场经验来看，短期可能出现阶段性波动，中长期反而更趋稳定。

真正以身份规划、子女教育、全球布局为目标的家庭，还需要尽快决策启动，国籍法变政之后，葡萄牙仍是欧洲最宽松入籍的国家之一。目前政策稳定性提升，反而强化长期规划的需要。

文化艺术捐赠路径为何成为办理葡萄牙身份的重要选项？

在众多路径中，文化艺术捐赠逐渐受到关注，其背后的原因，并非偶然。从政策层面看，这一方向具有明确导向：

• 与国家文化发展战略一致

• 由文化部体系主导审批与监管

• 强调项目真实落地与社会价值

更重要的是，葡萄牙捐赠项目具备安全性与稳定性，即项目需先通过官方审批，确认合规性与可执行性后，再进入后续环节。这一结构，本质上是对流程确定性的提升，也体现出葡萄牙在该路径上的制度成熟度。

精彩对话

提问：公众和投资者尤为关注葡萄牙文化艺术捐赠项目，在资金用途和安全的规范性与透明度，请问项目建立了怎样的审核及监管机制?

若昂·阿兰特斯（João Filipe Peraboa Rijo Abrantes）：所有已递交的捐赠项目资金均受国家文化部监管，需要按阶段提供项目实施情况报告，包括资金用在了哪里，以及产生了哪些方面的后续影响，且基金会/公共机构的年度财务报表都是公开透明的，会有年度审计。包括法条对于居留许可的续期的如下规定也说明了政府对于项目的监管力度：

1、续期居留许可时，申请人或其合法代表应向文化部申请声明，证明申请人无任何撤资行为，或针对已完成投资的变更。

2、申请人或其合法代表应随附证明文件，证明投资或支持活动的完成和所设目标的达成，包括由活动负责人提供的活动报告和财务执行报告，展示五年内的预期影响。

3、GEPAC（文化部）要求文化部长管辖的服务和机构对投资或支持活动的实施进行评估，确认活动的完成及预期目标和影响的实现

在欧洲移民政策不确定性增加的时代，真正稀缺的，是对长期路径的判断能力，真正重要的问题不再是“哪里更快”，而是哪里更适合长期放入家庭的整体规划之中。葡萄牙所提供的，并不是单一答案，而是一种平衡：在合规框架下，实现身份、生活与全球配置之间的协调。葡萄牙文化艺术捐赠路径，则是在这一体系中，逐步被验证的一种选择方式。

身份先行，并不是简单的顺序调整，而是一种思维方式的变化；投资破局，也并非追求突破，而是找到与家庭目标真正匹配的方向。当我们把视角从短期转向长期，很多答案，反而变得更加清晰。

Former Mayor of Idanha-a-Nova Visits Glory Family Heritage to Explore New Opportunities in European Investment

As global wealth planning continues to evolve, an increasing number of Chinese families are shifting from a single-investment approach to a more holistic strategy that integrates residency, wealth, and lifestyle.

Recently, Armindo Moreira Palma Jacinto, former Mayor of Idanha-a-Nova, Portugal, together with João Filipe Peraboa Rijo Abrantes, Head of Cultural and Arts Projects for the Municipality of Idanha-a-Nova, visited Glory Family Heritage's Shanghai office for an in-depth exchange. The discussion focused on Portugal's Golden Residence Permit Program and cultural and artistic donation pathway, offering first-hand insights into policy developments and practical implementation.

As European immigration policies become increasingly selective, why does Portugal continue to stand out? What are the underlying principles behind the cultural and arts donation pathway? The following highlights summarize the key takeaways from this exclusive interview.

From an "Investment Tool" to a "Strategic Identity Asset"

Traditionally, international asset allocation has focused primarily on financial returns. Today, however, more families recognize that residency itself has become a valuable long-term asset.

Portugal's appeal lies not merely in offering residency, but in providing a gateway to broader European opportunities through:

• Integrated access to education, quality of life, and global mobility 
• A stable institutional framework and predictable legal environment 
• A culturally rich and highly livable society for long-term family planning

While Europe as a whole has adopted a more cautious approach toward investment migration, Portugal has not simply "tightened" its policies. Instead, it has redirected investment toward areas with greater public value and long-term significance. Cultural and artistic donations have consequently emerged as an increasingly important pathway.

Interview Highlights

Q: In recent years, many European countries have suspended or significantly raised the threshold for their Golden Visa programs. How do you view the future of Portugal's Golden Residence Permit? Against the backdrop of tightening investment policies across Europe, how is Portugal's openness likely to evolve?

Armindo Moreira Palma Jacinto:
It is true that many European countries have tightened or discontinued their investment migration programs. Portugal, however, has taken a different approach. Rather than closing its doors, it has implemented structural adjustments while remaining open to high-quality international investors. The government's focus has been on strengthening compliance standards and regulatory oversight. Overall, Portugal continues to maintain an open and welcoming attitude toward overseas applicants, with policies becoming more transparent, stable, and compliance-oriented.

Understanding Policy Changes Through the Lens of Long-Term Planning

Portugal's recent amendments to its Nationality Law have attracted considerable market attention. Viewed in the broader policy context, these changes deserve a more balanced interpretation.

On one hand, the extension of the naturalization timeline may lead some short-term applicants to delay their decisions. On the other hand, it sends a clearer signal that identity planning is returning to its original purpose—long-term family planning based on genuine needs.

For families whose priorities include children's education, international family planning, and an upgraded lifestyle, the underlying decision-making logic remains unchanged. In fact, it has become even clearer: the objective is no longer to pursue the fastest route, but rather the most stable and suitable one.

Interview Highlights

Q: Following the implementation of the new ten-year naturalization requirement, what impact do you expect on applicants' willingness to pursue Portugal's Golden Residence Permit? Will there be short-term fluctuations, and what are the underlying reasons?

Armindo Moreira Palma Jacinto:
Based on market experience, there may be some short-term fluctuations in demand, but the market is likely to become more stable over the medium to long term.
Families whose primary goals are long-term residency planning, children's education, and global family mobility should still consider beginning their planning sooner rather than later. Even after the amendments to the Nationality Law, Portugal remains one of the most accessible countries in Europe for obtaining citizenship. With greater policy stability, the importance of long-term planning has become even more evident.

Why Has the Cultural and Arts Donation Pathway Become an Important Option?

Among the various investment pathways, cultural and artistic donations have attracted growing attention—not by coincidence, but because of their clear policy direction.

This pathway is characterized by:

• Alignment with Portugal's national cultural development strategy 
• Approval and supervision under the Ministry of Culture 
• Strong emphasis on genuine project implementation and measurable social value

More importantly, Portugal's donation projects are designed with robust safeguards. Projects must first receive official government approval to confirm their compliance and feasibility before moving forward. This structure enhances procedural certainty and reflects the maturity of Portugal's regulatory framework for this pathway.

Interview Highlights

Q: Many investors are particularly concerned about the transparency and security of Portugal's cultural and artistic donation projects. What review and regulatory mechanisms are in place to ensure proper use of funds?

João Filipe Peraboa Rijo Abrantes:
All approved donation projects are supervised by Portugal's Ministry of Culture. Project organizers are required to submit periodic implementation reports detailing how the funds have been used and the social impact achieved. In addition, the annual financial statements of the participating foundations or public institutions are publicly available and subject to independent annual audits.

The strength of government oversight is further reflected in the legal requirements for residence permit renewal:

1.When applying for renewal, applicants or their legal representatives must obtain a declaration from the Ministry of Culture confirming that no withdrawal or unauthorized modification of the investment has occurred.

2.Applicants or their representatives must also submit supporting documentation demonstrating the completion of the investment or supported activities and the achievement of the intended objectives. This includes activity reports and financial implementation reports prepared by the project manager, outlining the project's expected impact over a five-year period.

3.GEPAC, under the Ministry of Culture, requires the relevant public authorities and institutions to evaluate the implementation of the investment or supported activities, confirming both project completion and the achievement of the anticipated objectives and social impact.

At a time when immigration policies across Europe are becoming increasingly uncertain, the truly scarce capability is not identifying the "fastest" option, but making informed long-term decisions. The key question is no longer where the process is quickest, but which destination best fits a family's long-term planning strategy.

Portugal does not offer a one-size-fits-all solution. Instead, it provides a balanced framework that integrates residency, lifestyle, and international wealth planning within a transparent and compliant system. Within this framework, the cultural and arts donation pathway has gradually proven itself to be a credible and well-established option.

Putting identity first is not simply a change in sequence—it represents a shift in strategic thinking. Likewise, achieving an investment breakthrough is not about pursuing the next trend, but about identifying the path that genuinely aligns with a family's long-term objectives. When the focus shifts from short-term opportunities to long-term planning, the right answers often become much clearer.