Golden visas Portugal

Portugal’s Golden Visa programme continues to be a compelling option for wealthy investors looking not just for residency, but also a safe and attractive Plan B for their families.

Portugal has become one of the most sought-after retirement destinations in Europe. With its mild climate, affordable living, excellent healthcare, and welcoming communities, retirees from across the world are drawn to its shores.

The Algarve is one of the best places to live in Portugal, nowhere else in the world could you have a lifestyle quite like the one you could have while living on the southern coast of Portugal.

Sun, beach, safety, good cuisine, and quality of life. All these factors have attracted foreigners to buy houses in Portugal over recent years. However, the golden era of tax benefits aimed at international citizens has come to an end in the country.

European programmes that offer citizenship "in exchange" for investment- particularly in real estate- are alive and well in Europe, despite calls for an end to the issuing of new golden visas.

The governments of the Azores and Madeira defend the continuity of golden visas in the two autonomous regions even if the proposal of the Government of the Republic to end its granting for the acquisition of real estate in Portugal comes into force. The end of the granting of new golden visas

Yet another voice has joined the chorus of criticism against the end of the golden visa programme in Portugal, which is included in the "Mais Habitação" (More Housing) package announced by the Government.

The Portuguese Government has decided to go ahead with its golden visa clampdown, and all requests made after 16th February 2023 are no longer considered valid - the date on which Portugal's new housing package was announced.

After having threatened in November, and despite requests from the real estate sector to only make adjustments to the programme, António Costa will put an end to golden visas in Portugal.

Is Portugal's golden visa ending?

The armed conflict between Russia and Ukraine has reignited the debate on the regulation of golden visas in Europe.

In January and February 2022, the investment amount obtained through golden visas in Madeira was around 2 million euros. In total, four Golden Visas, officially known as Residence Permits for Investment Activity (ARI), were granted in the autonomous region.

Foreign investors will find it more difficult to obtain a gold visa as of January 2022, as the Portuguese government has put a brake on this regime. However, as the end of the current regime of rules and regulations for these visas approaches, interest has only grown in this opportunity.

The demand for Golden Visas in Portugal in 2021, or Residence Permits for Investment (ARI), as they are officially called, is accelerating, a trend that should continue in the coming months, bearing in mind that in January 2022 foreign real estate investors (from outside the European Union) inv

Portugal's well known Golden Visa Scheme began in 2012 and over the years has proven to be one of the best and most respected residency by investment programmes in the world.

The end of issuing so called "golden visas" in the metropolitan areas of Lisbon and Porto, which was approved in detail following a proposal to amend the State Budget for 2020 (OE2020), will finally becomea reality later this year. The decision to change the rules of the scheme (in major u

The Portuguese parliament has approved a measure which will limit the issuance of what are known as ‘golden visas’ for real estate investments made across the Portuguese coastline, including in Lisbon and Porto.

The prominence of foreigners in the Portuguese real estate market is increasing. Non-resident citizens not only buy more houses, but also pay more for them.

The Institute of Employment and Vocational Training (Instituto do Emprego e Formação Profissional or IEFP) is going to start posting job offers in Portugal abroad.

House prices in Portugal will continue to rise, albeit at a slower pace than in recent years, following the general trend in Europe, according to forecasts by Standard & Poor's (S&P).

If there was ever a time when Setúbal was called "ugly" or "dirty", idealista/news can now affirm that this area on the South Bank of the Tagus is no longer so. Setúbal has become a city which is attracting large numbers of investors from Portugal and abroad.

What has turned Portugal into a hotspot for investors over the past few years and what are the benefits?

Foreign investment in Portuguese properties has perked up, helping the recovery of the Portuguese real estate sector in recent years.

Much has been said about the importance of foreign investment in the current dynamism of the real estate market in Portugal.