Real Estate Changes After the Changes to Portugal Golden Visa
The changes limit the locations where you can invest in a property for a Golden Visa. The minimum investment amounts remain the same, while there are geographical restrictions on the qualifying areas.
You are no longer be able to get a residential property in major cities such as Lisbon or Porto or in coastal towns of the mainland.
Only the property investments inland and possibly rural or low-density areas are eligible.
Capital transfer change
The minimum investment amounts were increased, both for monetary and for the number of jobs.
- Capital transfer amount increased from €1 million to €1,5 million
- Investment Fund minimum subscription amount increased from €350,000 to €500,000
- Research and Development amount increased from €350,000 to €500,000
- Job and Company Creation: minimum incorporation amount increased from €350,000 to €500,000; the number of jobs remain at 5
The changes came into effect as of January 1st, 2022.
What Did Not Change?
The below investment options did not change:
- To launch a company in Portugal and employing at least 10 new local employees,
- €250,000 contribution in arts
The changes will not be retroactive to anyone who submits a Golden Visa application before December 31st, 2021.




