With the investment by real estate rule changes to Golden Visa, NHR regime getting retired and topping that off with the Prime Minister of Portugal resigning, we felt like we were barely able to catch our breath.

What about pending golden visa applications?

Any pending applications will be converted into a D2 special entrepreneur visa. Golden Visa applications can still be submitted and the pending ones will be converted to these D2. Also regarding the proof of stay, it will continue to be seven days per year on average.

The D7 visa is for non-EU citizens who wish to reside in Portugal and have sufficient financial means to do so. These financial means can be presented in the form of passive income, for instance rental income, financial investments, pensions, or dividends.

Are you ready to take the leap and purchase a residential property to apply for Portugal’s Golden Visa? Have you considered where and what to buy? This post is going to cover everything you need to know about the Golden Visa thresholds to help you make some decisions.

Portugal’s GV is one of the most sought-after golden visas in Europe. It offers residency in return for an investment starting at 280,000 EUR and only requires you to spend an average of seven days per year in the country.

To pursue the Portuguese Golden Visa via the residential property investment route, the biggest change since January 2022 is the non-eligible areas that are highlighted in our map, above in grey.

Portugal is considering ending the golden visa program as it seems to have fulfilled its intended purpose. Antonio Costa said: “There are programs that we are currently re-evaluating and one of them is the Golden Visa program, which has probably already fulfilled its function and for which there might at this point no longer be any justification for keeping it.”