Portugal Golden Visa New Rules

The Portuguese Golden Visa rules are changing as of January 2022. But what is changing exactly?

No more real estate investments in Lisbon, Porto, or along the coast in the New Portugal Golden Visa 2022

If you want to qualify for the Portuguese Golden Visa through direct real estate investment, you can no longer invest in the two largest cities of Portugal, nor anywhere else along the coast of the mainland. That includes the large parts of the Algarve, the “silver coast”, Sintra, and so on.
From January 1, 2022, you can only make qualifying investments in the interior of mainland Portugal, as well as in the autonomous regions of Madeira and the Azores.
It may help to know that in case you don’t have time to receive the deed for your property purchase in time for submitting your application by December 31, 2021, you may apply with a promissory contract (registered at the land registry)—as long as you’ve already transferred the full investment amount. Speak to us to learn more about promissory contracts

Increased minimum investments for funds: €500,000 with the New Portugal Golden Visa 2022

Investment in funds have increased from €350,000 to €500,000 minimum.

What is not changing in the new Portugal Golden Visa 2022?

Portuguese company set up in the New Portugal Golden Visa 2022

If you had plans of launching a Portuguese company employing at least 10 locals or making a €250,000 investment in support of the arts, well, then you’re in luck: Nothing will change for these options.

Submit your Portugal Golden Visa application by December 31, 2021

None of the changes will apply retroactively to anyone who submits their Golden Visa application before December 31, 2021.
In other words, if you apply for the Portugal Golden Visa in 2021, you’ll be grandfathered into the current rules, including for any future renewals of your status. Browse around our top qualifying properties in Lisbon and Porto.

Apply now for your Portugal Golden Visa to invest in Lisbon, Porto or along the coast

If you are planning to invest in real estate in Lisbon, Porto, or along the coast, well, then you better hurry. You still have time, of course, but the sooner you get started, the better.
The December 31, 2021 deadline refers to when you will need to have submitted your Golden Visa application. So to be on the safe side we’d recommend finalizing your investment as soon as possible.

Get in touch with the Arcus team to see if you qualify to the Portugal Golden Visa.