How the Portugal Golden Visa Changes Affect Investors in 2025
The Portugal Golden Visa program has long been a gateway for non-EU investors seeking residency in Europe. However, significant reforms in 2025 have reshaped the landscape, introducing new opportunities and challenges for prospective applicants. Major Changes to the Golden Visa Program In 2025, the Portuguese government implemented substantial modifications to the Golden Visa program, primarily focusing on redirecting investments towards sectors that promote economic development and address housing shortages. One of the most notable changes is the exclusion of real estate investments as a qualifying route for the Golden Visa. Previously, purchasing property in Portugal was a popular method for obtaining residency; however, this option is no longer available under the new regulations . Additionally, the minimum investment thresholds have been adjusted. For instance, the capital transfer investment option now requires a minimum of €1.5 million, up from the previous €1 million . Th...