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Portugal Golden Visa Eligible Interior Areas

Portugal’s Golden Visa - the country’s residency-by-investment program - is one of the most attractive Residency by Investment program, pumping €4 billion into the Portuguese economy and providing non-EU individuals with an access into Europe, increased personal freedoms, and financial security.

However, from 1 January 2022, Portugal introduces new changes to its Golden Visa Program, to boost interest in interior areas of the country along with the islands.

While the Portugal Golden Visa Program provides several investment routes, including investing a minimum of €500K into residential or commercial property in Portugal or €350K in rehabilitation projects, there are certain location restrictions that apply. Alongside this, price points will vary depending on whether the property is located in a “low density” classified area in Portugal.

Below is the Golden Visa changes and new rules for 2022, specifically for residential real estate investments, and examine the main differences between interior areas and low-density areas.

Portugal Golden Visa real estate investment options;

The following investment routes are available for the Portugal Golden Visa

·       Purchase residential real estate in a designated interior area of Portugal that is worth at least €500,000 (or €350,000 if investing in a rehabilitation project). If the residential property is in a designated “low density” area, then a 20% discount will apply.

·       Purchase commercial real estate anywhere in the country that is worth at least €500,000 (or €350,000 if investing in a rehabilitation project). If the commercial property is located in a designated “low density” area, then a 20% discount will apply.

·       Purchase residential and commercial real estate anywhere in the autonomous islands of Madeira and the Azores, that is worth at least €500,000 (or €350,000 if investing in a rehabilitation project). The entire islands of Madeira and the Azores are classified as high density, so a discount is not applicable when investing in the islands.

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