Updated 02/17/2022: Portugal is revoking its Golden Visa program as it related to buying property to curtail rent inflation and housing shortages for Portuguese citizens as the result of protests and a housing crisis there. Previously they had increased regulations on the properties expats could buy to receive a visa. We’ll leave the info below intact for future reference. You can still get a golden visa through other kinds of investments.
One of the biggest reasons that Portugal is top of the immigrant charts — aside from all the beauty and culture that the country has to offer — is its generous visa program. If you’re traveling as a tourist, you’ll grab a Schengen visa and be done with it, and temporary stay visas are also available for up to a year. If you’re looking for residency, here’s a quick guide to your options:
| Visa | Requirements | Benefits |
|---|---|---|
| Golden Visa |
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| D7 Visa |
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| D2 Visa |
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| Digital Nomad Visa |
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*More details about buying property to get a golden visa – CANCELLED
Most people use the option of purchasing property to gain this visa. You can buy one of four kinds of properties:
€350k+ personal residence | Urban rehabilitation areas
This investment option is for personal residences. in Portugal’s designated urban rehabilitation areas. The property has to either be more than 30 years old, need refurbishment, or both, and 350k applies to the cost of the property and the refurbishment.
€500k+ personal residence | Outside Lisbon, Porto, & the coast
Unfortunately, this investment option was changed this year to remove the places where most immigrants like to move, but it probably helps preserve affordable housing for the Portuguese. You can get around it buy shopping in the rehab area mentioned above.
€280k+ or €400k+ personal residence | Low-density areas
This investment option represents a 20% discount on the first two options for moving into Portugal’s lower density areas.
€350k+ or €500k+ commercial investment | No restrictions
The 350k threshold is for properties needing refurbishment in the urban rehabilitation areas. Otherwise, the threshold is 500k. These can include commercial buildings, hotels, offices, and even licensed Airbnb units.
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