A Message to Our Investors

Portugal has long stood out on the global stage as a country that balances tradition with progress, stability with innovation. It has earned the confidence of investors from around the world by positioning itself as a destination built on trust, economic opportunity, and respect for long-term commitments.

Portugal now enters a new chapter, one that will further define the strength of these foundations.

On October 28, 2025, the Portuguese Parliament approved a proposal to amend the Nationality Law. The current legislative proposal—now under presidential review—marks a significant departure from the principles that have long supported Portugal’s reputation as a predictable and rules-based destination for long-term investment. This remains, however, a proposal—not an enacted law. The President of the Republic retains full constitutional authority to veto it, and we remain confident in that institutional process. Our confidence is grounded in political reality: the proposal has divided Parliament, faced opposition from key parties, and received criticism from legal experts and civil society alike.

At Mercan Properties, we stand unequivocally with our investors.

We consider this proposal misguided and incompatible with the principles of legal certainty, fairness, and proportionality—principles that thousands of families relied upon when choosing to invest in Portugal and contribute meaningfully to its economy.

Changing the legal framework mid-process—particularly in a way that penalizes investors and their families for delays caused by public administration—raises serious concerns. We are actively engaging with institutional stakeholders—including the Presidency, the Prime Minister’s Office, and relevant Parliamentary Committees—to ensure that legitimate expectations are safeguarded and that any final outcome remains aligned with both Portuguese and European legal standards.

These standards are the foundation of investor confidence. They are the reason why Portugal has become one of the most attractive destinations for international families seeking long-term residency and citizenship in Europe.

Should it become necessary, we are fully prepared to take the appropriate legal and institutional steps to protect the interests of our investors and reinforce the integrity of Portugal’s legal framework.
 

Our Position is Clear, Calm, and Committed to our Investors

This is a time for calm determination and collective responsibility.

To the investors and partners who placed their trust in Portugal and in Mercan: your confidence matters. Your contribution to this country is real. Your expectations are legitimate—and we will continue to stand with you.

That is the Portugal we invested in.
That is the Portugal we still believe in.
That is the Portugal we will continue to support.

With appreciation,

Jordi Vilanova
President of Mercan Properties