Although Lisbon is moving to scrap residency rights for buyers of real estate, it is continuing to permit them for other kinds of investors.
Golden Visa
Buying property in a low-density area or a ‘tourist apartment’ are two methods to circumvent new regulations intended to divert investment to the interior.
Nine years on from its launch, the investment programme has netted 6 billion euros in return for awarding 10,170 visas.
Investment amounts increase sharply next year, while Lisbon, Porto and some coastal areas will be off-limits for buying property.
The ‘Golden Visa’ scheme in Portugal, that has attracted billions in investment from Chinese nationals, will be limited to the country’s interior from July, leading to a rush in applications.