Portugal has revised its golden visa program, reducing real estate options while emphasizing business and innovation investments.
The Portuguese government announced new restrictions on its golden visa scheme, removing most real estate investment pathways in Lisbon and Porto. Instead, applicants are encouraged to channel funds into research, cultural heritage, and job creation.
The changes come amid record demand from investors seeking EU residency. Immigration consultants note that despite stricter rules, Portugal remains one of the most cost-effective residency-by-investment destinations in Europe, offering access to Schengen countries and favorable tax regimes for expatriates.
Portugal golden visa 2025, EU residency, investment migration