Portuguese Golden Visa - new rules announced

As you might have heard, changes to the Golden Visa rules have been announced yesterday (12.02.2022) and will enter into force on 01.01.2022.

The main changes will be:

- real estate investments (for housing purposes) in the Lisbon areas, Porto areas, and in other coastal areas (including most of the Algarve) will no longer be eligible for the GV;

- for the EUR 1 million bank deposit route, the minimum amount is being increased to EUR 1.5 million;

- for the PE/VC fund route, the minimum investment is being increased from EUR 350k to EUR 500k.

These rules will only apply to applications submitted on or after 01.01.2022. Already granted residence permits due to renewal after 01.01.2022 shall not be affected,