Like other major economies in 2020, the UK is facing a tax deficiency in light of COVID-19 and the severe contraction of its economy. With traditional revenue streams diminished, policymakers are reconsidering various tax options.
The Portuguese Golden Visa Program—which connects investment in funds to visa sponsorship—represents one potential model worth considering. This program demonstrates how a functional result coupled with a financial product designed to create liquidity and ease of exit might address government funding needs while providing investor benefits.
Governments facing similar fiscal pressures are broadly reassessing their tax structures, indicating that everything is on the table for potential reform.