Portugal Golden Visa News & Updates

Stay informed about the latest changes and developments in Portugal's Golden Visa program

⚠️ Important Program Update

As of 2024, Portugal has removed real estate investments as a qualifying option for the Golden Visa program. Other investment routes remain available, including investment funds, research activities, and business creation.

June 2024

Introduction of Solidarity Visa Category

Portugal has announced plans to adapt its Golden Visa scheme to include a new "solidarity visa" category. This initiative aims to channel investment into affordable housing and accommodations for migrants.

Key Impacts:

  • ✦ New investment pathway focusing on social housing projects
  • ✦ Potential for reduced investment thresholds for social impact projects
  • ✦ Emphasis on addressing local housing needs while maintaining investment appeal
Source: Reuters
March 2024

Digital Application Process Implementation

Portugal has launched a digitalized application system for Golden Visa applications, enabling online submission of documents and streamlined processing. This includes digital issuance of the Portuguese individual tax number (NIF).

Key Impacts:

  • ✦ Reduced processing times for applications
  • ✦ Simplified document submission process
  • ✦ Improved tracking and status updates for applications
October 2023

Removal of Real Estate Investment Option

Under the "Mais Habitação" (More Housing) law, Portugal eliminated real estate investments as a qualifying category for Golden Visas. This significant change aims to address housing affordability concerns in the country.

Key Impacts:

  • ✦ Shift towards investment funds and business investments
  • ✦ Greater focus on job creation and economic development
  • ✦ Increased interest in alternative investment routes
Source: SEF Portugal
January 2022

Investment Threshold Changes

Portugal implemented changes to investment thresholds and restricted real estate investments in high-density areas. The capital transfer requirement increased from €1 million to €1.5 million.

Key Impacts:

  • ✦ Higher investment requirements for certain categories
  • ✦ Redirection of investments to interior regions
  • ✦ Focus on balanced regional development

Why Choose Zoark for Your Golden Visa

Specialized Expertise

Exclusive focus on Golden Visa programs in Portugal, Italy, and Greece. Our dedicated team ensures expert guidance tailored to these prime investment destinations.

Bespoke Service

Private consultations and personalized investment strategies. Each client receives dedicated support from our elite team throughout their investment journey.

Investment Advisory

Expert guidance on investment options across our three markets. From real estate to investment funds, we help you choose the optimal path for your goals.

Local Excellence

Strong partnerships with premier legal and financial experts in Portugal, Italy, and Greece. Ensuring smooth processes and optimal outcomes in each jurisdiction.

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This firsthand journey through the complexities of location-independent living has evolved into our passion: crafting sophisticated solutions that transform the challenges we once faced into seamless experiences for discerning professionals like yourself."
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“I used this service to get a NIF number for my father. They managed to get it in less than 7 days, gave me a log in to manage the number as well.I haven't got around to using it for their other services yet, but it worked well for me."
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“Movingto demonstrated exceptional dedication in assisting my family and me with our relocation to Portugal. I wholeheartedly recommend their services for anyone looking to make a smooth and successful transition to Portugal."
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