The recent changes to the Golden Visa program in Lisbon and Porto aims to promote the investment in low-density regions, as well as investment in urban requalification, in cultural heritage, in environmental or social high-value activities, productive investments and job creation.
This decision intends to relieve the pressure of the real estate market in areas where the volume of capital is just about enough as it doesn’t only come from the real estate sector.
In the meantime Portugal Golden Visa will still continue to be issued for rural areas and the autonomous regions of the Azores and Madeira. The change, which will have an adjustment period before taking effect, aims to bring a fair amount of capital in these areas, in order to better develop the cities. Golden Visas will also continue to be granted to investors who create jobs by launching companies in the major cities, including Lisbon.
With these government changes to the Portugal Golden Visa program, our managing director and founder David Poston advises you to buy a property that has all of its licenses in place, or one that allows you to sign deeds immediately, and then submit your applications at the earliest opportunity. This will avoid further issues when the new legislation comes into place in 2021.
Although investing in more key and popular areas like Lisbon, Porto and the Algarve is a great option (check 500k Golden Visa here), it might also be beneficial to learn about the interior of Portugal. Cities like Viseu, Évora, and Beja, amongst others, are valuable touristic treasures, as they are far from emptying out their offer range.
Portugal Homes has very experienced and knowledgeable professionals working with some of the most established and reputable developers Portugal has to offer. Our vast experience allows us to guide you through the best investment choices.
Whether you want a holiday home or an investment property, we select the best units for your profile and take care of all the process from start to finish. Even after the sale! Our After Sales services assume the responsibility of furnishing your property at your taste, taking care of the property in your absence, managing the rentals if you wish to rent your property when you’re not in Portugal and so much more!
To learn more about the Portuguese Non-Habitual Resident Program and our After Sales services, please fill the form below.
Extremely helpful and professional. A pleasure to meet you!Li Sze Ki and Man Chi Ning from Hong Kong
Thank you very much for your help. I'm glad to have chosen Portugal Homes as my property management agent.Investor from Hong Kong
Ryan is fantastic. Very helpful, nice and professional. He provides swift responses to me whenever I raise him a question.Rubby Lee from Hong Kong
Thank you. Lovely experience with all of the staff. George was very helpful, knowledgeable and had a good grasp of the financials. Will recommend Portugal Homes to friends. Also excellent experience with the After Sales - very helpful.Nadia Webb
Very knowledgeable and professional, able to provide clear advice that meets my need such that I can make decision quickly. Efficient and energetic team.Tang Wing Yun from Hong Kong
Simon has been wonderful to work with. We did not feel pushed in any way.Andre & Lena Jourdan from USA