2022 Portugal Golden Visa Changes Now Live

From 1st January 2022, Portugal’s Golden Visa legislation has now changed. As previously detailed by the Portuguese Government back in February 2021, a new decree-law now limits which areas of Portugal that Golden Visa Investors can purchase residential real estate. The new legislation states that residential investments can only be purchased in the country’s interior regions and coastal locations such as Lisbon, Porto and parts of the Algarve will no longer qualify.

However, commercial property investments will still qualify in any part of Portugal and this includes several of the major projects that La Vida offer, such as hotel share investments and touristic resort developments.

To summarise the main changes, Golden Visa investors can purchase:

Commercial Real Estate 
  • Commercial real estate anywhere in Portugal worth at least EUR 500,000;
  • Commercial rehabilitation projects anywhere in Portugal from EUR 350,000;
  • Commercial rehabilitation projects located in a ‘low-density’ area from EUR 280,000

Residential Real Estate 
  • Residential real estate in designated interior areas of Portugal worth at least EUR 500,000;
  • Residential rehabilitation projects in designated interior areas from EUR 350,000;
  • Residential rehabilitation projects also located in a designated ‘low-density’ area within designated interior areas of Portugal from EUR 280,000.

See here to understand more on the different investment categories.
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