Changes to the Golden Visa program are likely to be implemented until the end of 2020 meaning that as of 2021 it will no longer be available for people investing in property in the areas of Greater Lisbon, Porto and coastal regions.
Starting next year, property investment as a vehicle to obtain a Golden Visa will likely be limited to the interior of Portugal and autonomous regions of Madeira and Azores.
However, it will still be possible to obtain a Golden Visa in Portugal by choosing any of the following available routes:
i. Capital transfer with a value equal to or above 1 million Euros;
ii. The creation of, at least, 10 job positions;
iii. Capital transfer of the amount of 350 thousand Euros, or higher, for the acquisition of units of investment funds or venture capital fund of funds dedicated to the capitalisation of companies, capital injected under the Portuguese legislation, whose maturity, at the moment of the investment, is, at least, of five years and, at least, 60% of the investments is realized in commercial companies with head office in national territory;
iv. Capital transfer of the amount of 350 thousand Euros, or higher, for constitution of a commercial society with head office in the national territory, combined with the creation of five permanent working jobs, or for the reinforcement of the share capital of a commercial society with head office in national territory, already existing, with the creation or keeping of working jobs, with a minimum of five permanent jobs, and for a minimum period of three years.