Residency · Europe

Portugal Golden Visa — Real Estate Route (Closed)

Status: Closed in 2023

Portugal removed real estate as a qualifying golden visa investment from 7 October 2023. The golden visa itself remains open through other routes.

Decision summary

Minimum investment: Not applicable — this route is closed.
Important restrictions: Real estate purchases have not qualified for new applications since 7 October 2023.
Program status: Closed

Overview

From 2012 until 2023, most Portuguese golden visas were granted for property purchases.

The housing law published on 6 October 2023 removed real estate as a qualifying investment from 7 October 2023. People already holding a golden visa through property can still renew it.

The golden visa continues through investment fund units, research, cultural support and company routes. See our Portugal Golden Visa page for the current options.

Investment pathways

Investment pathway: Closed for real estate. The golden visa remains open through other routes.
Minimum investment: Not applicable — this route is closed.

Residence requirements

Renewal requirements: Existing holders who qualified through property can renew their permits.

Considerations, limitations and risks

Important restrictions

Real estate purchases have not qualified for new applications since 7 October 2023.

This program no longer accepts new applications; it is shown for reference only.
Former requirements are historical and must not be relied on for a new application.
People who obtained status under the program should take advice on their own position.

Status and authority

Operational status: Closed
Official government authority: Agency for Integration, Migration and Asylum (AIMA), Portugal
Legal basis: Law 56/2023 of 6 October 2023 (Mais Habitação housing package).

Programme rules change; your advisor confirms every figure before you commit.