Portugal Golden Visa Changes 2022

Portugal Golden Visa Changes 2022

The long-awaited details regarding the revisions to the Portugal Golden Visa were announced on February 12th, 2021.

Suspended Golden Visa Portugal Changes Took Effect in 2022

Portugal Golden Visa changes, which were submitted in February 2020, gave the government the authority to amend the rules. In February 2021, the Portuguese government announced the rules and the rules came into effect in January 2022.

Portugal Golden Visa Changes 2022

Changes to Portugal Golden Visa Real Estate Acquisition Method

The reforms restrict where you can invest in real estate to obtain a Golden Visa. The minimum investment levels remain the same, but the qualifying areas will be limited geographically.

Residential property in major cities such as Lisbon and Porto, as well as coastal towns.

Only inland and rural or low-density property investments will be eligible.

Changes to Portugal Golden Visa Minimum Investments Amounts

  • The amount of capital transfer increased from €1 million to €1.5 million
  • The minimum amount for the investment fund increased from €350,000 to €500,000
  • The minimum amount for research and development increased from €350,000 to €500,000
  • The minimum amount to incorporate a company increased from €350,000 to €500,000; the number of jobs stays at five.

When Did Portugal Golden Visa New Rules Take Effect?

The new rules took effect on January 1, 2022.

2021 Minimum Amounts
2022 Minimum Amounts
Capital Transfer€1 million€1.5 million
Investment Funds€350,000€500,000
Real Estate
€500,000 / €350,000 (urban renovation)
Amounts will remain the same. Geographical restrictions will apply.
Job Creation€350,000 incorporation amount€500,000 incorporation amount
Science and Research Activities€350,000€500,000

What Did Not Change?

The investment alternatives listed below remain unchanged:

  • Starting a business in Portugal and employing at least 10 Portuguese employees
  • €250,000 contribution to arts

Will Portugal Golden Visa Changes Affect Previous or Current Applicants?

No. Anyone who applies for a Portugal Golden Visa before December 31, 2021, was not affected by the changes.