The Golden Visa Programme before January 2022, essentially allowed real estate investment by foreign investors in Portugal under the following eligibility conditions:
Noticing this, the Portuguese government tried to change the programme slightly so that it would encourage people to invest in other areas of the territory. For that reason, from January 2022, investments in residential properties in the main areas of Portugal don’t qualify for the Golden Visa anymore. Investments in a residential property only qualify for the Golden Visa if they are made in the “Interior Regions’’ of Portugal, as David Poston explains in the video below.
In the main key areas of Portugal, such as Lisbon, Porto, and the Algarve region, which are highly sought-out by all foreign citizens, the Golden Visa Programme is eligible for real estate investments under Commercial and Touristic licensing.
In this case, the touristic property licensing will be hotels or serviced apartments that hold a rental touristic license for 10 years or more. The license needs to be managed by one entity/company for the building, for that period of time. The investor is the freeholder of the unit and can sell the property at any time. One sole rule under a touristic license property is that it must not be used as the investor’s main residential property.
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.
Thanks to Andreia Leite for the comprehensive and timely updates on the construction progress of the new development we purchased!Investor from the USA
Very helpful. Work with his heart. Mark is a very nice advisor.Investor from Morocco
Everything was perfect. I got all answers about my questions.Investor from Turkey
Ryan was an excellent real estate agent, he really steered me in the right direction based on what I said was important to me. Living in another country, I wasn't as familiar with the city as he is. Where I thought I wanted to live and what I truly wanted were not the same. He took the time to listen and figure out the best spot for me, and we are very happy with it - far more than we would have been elsewhere.Investor from the USA
The overall experience was great from follow up to After Sales. I would like to give special thanks to Mr. Simon, Ms. Francisca and Ms. Mariana.Investor from UAE
George Hobson is a pleasant young man, came across as knowledgeable, experienced, hardworking, honest & disciplined; I felt very comfortable in easily making my investment.Investor from UAE