Quietly, Portugal is once again adjusting its Golden Visa program to stay competitive and continue attracting foreign investment. If you are already aware of the benefits of this scheme (such as obtaining European residency without the need to live in the country), it is important that you keep abreast of the upcoming changes that could affect both new applicants and those who already have their residency.
In this article we tell you what these updates are under discussion and what impact they may have on your international investment strategy.
👉 Not yet familiar with the program?
Consult here our Definitive Guide to the Golden Visa Portugal 2025.
🔄 What is changing on the Golden Visa in 2025?
- Incentives to attract more investment: The Portuguese government has expressed its intention to improve the program to attract more capital, both in the form of financial investment and international talent. Although the specific changes have not yet been defined, it is expected that conditions will be adjusted to facilitate the arrival of professionals, entrepreneurs and new high-value profiles.
- Total focus on productive funds: As of October 2023, the real estate component was eliminated from the program. Currently, the most direct route is to invest €500 ,000 in private equity or venture capital funds. There are also alternative options, such as:
- 250,000 in art or research projects.10 jobs created in Portugal.
- Renewals with longer validity: The extension of the validity period of residence cards from 2 to 3 years is being discussed. This measure seeks to simplify the lives of current holders, reduce paperwork and provide greater long-term stability.
- Greater physical presence in the country: One of the most relevant proposals comes from the AD coalition, which suggests modifying the minimum presence requirement. Until now, it was enough to stay 14 days every two years to maintain residency. The new proposal requires a longer effective stay if one wishes to apply for Portuguese citizenship. Although this change is not yet official, it may mark an important shift in the profile of investors who will benefit from the program.
- Improved processing times: The Immigration and Mobility Agency (AIMA) has been reinforced with more staff and new regional offices. The aim is to reduce current bottlenecks and achieve more reasonable response times by mid-2025.
📊 What do these changes mean for investors?
- If you are already in the program, longer renewals may give you more peace of mind and less administrative burden.
- If you are considering applying, applying before the physical presence requirements change may be a good idea.
- The focus on productive funds reinforces the need for professional advice to choose profitable and safe options.
🧭 Recommendations for investors before the changeover
- Verify that the chosen fund is approved by the Portuguese government.
- Make sure you have a Tax ID and a local bank account (can be done from abroad).
- Have your documents ready (passport, proof of income, medical insurance, criminal record).
- Talk to an advisor who knows the legal changes in real time.
Do you want to secure your access to European residency before the rules change? Talk to one of our specialized advisors and learn about the investment opportunities available today.
⬇️ Contact us for a personalized consultation ⬇️
Frequently Asked Questions
Yes, although its focus has changed, the program is still active and receiving applications.
Mainly investment funds. The real estate route was eliminated as of October 2023.
There is no official date, but it is estimated that changes could be implemented by mid to late 2025.
Yes, much of the process can be handled remotely with a legal or fiscal representative in Portugal.
Some improvements such as extended renewal may benefit them. But the new citizenship requirements could apply to everyone in the future.
