diff --git a/airbyte-cdk/python/.bumpversion.cfg b/airbyte-cdk/python/.bumpversion.cfg
index b5ad088ed8032..49a00e29f9ccb 100644
--- a/airbyte-cdk/python/.bumpversion.cfg
+++ b/airbyte-cdk/python/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.18.1
+current_version = 0.19.0
 commit = False
 
 [bumpversion:file:setup.py]
diff --git a/airbyte-cdk/python/CHANGELOG.md b/airbyte-cdk/python/CHANGELOG.md
index 7a03b7252509a..b8a48367d4f80 100644
--- a/airbyte-cdk/python/CHANGELOG.md
+++ b/airbyte-cdk/python/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Changelog
 
+## 0.19.0
+Low-Code: Handle forward references in manifest
+
 ## 0.18.1
 Allow for CustomRequester to be defined within declarative manifests
 
diff --git a/airbyte-cdk/python/airbyte_cdk/sources/declarative/parsers/manifest_reference_resolver.py b/airbyte-cdk/python/airbyte_cdk/sources/declarative/parsers/manifest_reference_resolver.py
index 7cb54edcf075b..53dbde714557b 100644
--- a/airbyte-cdk/python/airbyte_cdk/sources/declarative/parsers/manifest_reference_resolver.py
+++ b/airbyte-cdk/python/airbyte_cdk/sources/declarative/parsers/manifest_reference_resolver.py
@@ -96,19 +96,19 @@ class ManifestReferenceResolver:
 
     ref_tag = "$ref"
 
-    def preprocess_manifest(self, manifest):
+    def preprocess_manifest(self, manifest: Mapping[str, Any]) -> Mapping[str, Any]:
         """
         :param manifest: incoming manifest that could have references to previously defined components
         :return:
         """
-        return self._evaluate_node(manifest, manifest)
+        return self._evaluate_node(manifest, manifest, set())
 
-    def _evaluate_node(self, node: Any, manifest: Mapping[str, Any], visited: Set = None):
+    def _evaluate_node(self, node: Any, manifest: Mapping[str, Any], visited: Set):
         if isinstance(node, dict):
-            evaluated_dict = {k: self._evaluate_node(v, manifest) for k, v in node.items() if not self._is_ref_key(k)}
+            evaluated_dict = {k: self._evaluate_node(v, manifest, visited) for k, v in node.items() if not self._is_ref_key(k)}
             if self.ref_tag in node:
                 # The node includes a $ref key, so we splat the referenced value(s) into the evaluated dict
-                evaluated_ref = self._evaluate_node(node[self.ref_tag], manifest)
+                evaluated_ref = self._evaluate_node(node[self.ref_tag], manifest, visited)
                 if not isinstance(evaluated_ref, dict):
                     return evaluated_ref
                 else:
@@ -117,10 +117,8 @@ def _evaluate_node(self, node: Any, manifest: Mapping[str, Any], visited: Set =
             else:
                 return evaluated_dict
         elif isinstance(node, list):
-            return [self._evaluate_node(v, manifest) for v in node]
+            return [self._evaluate_node(v, manifest, visited) for v in node]
         elif isinstance(node, str) and node.startswith("*ref("):
-            if visited is None:
-                visited = set()
             if node in visited:
                 raise CircularReferenceException(node)
             visited.add(node)
diff --git a/airbyte-cdk/python/setup.py b/airbyte-cdk/python/setup.py
index 6d19757c91f28..ff6346769aec0 100644
--- a/airbyte-cdk/python/setup.py
+++ b/airbyte-cdk/python/setup.py
@@ -15,7 +15,7 @@
 
 setup(
     name="airbyte-cdk",
-    version="0.18.1",
+    version="0.19.0",
     description="A framework for writing Airbyte Connectors.",
     long_description=README,
     long_description_content_type="text/markdown",