Portugal Property Guides had planned to be spending our spring and summer at a series of Your Overseas Home events, meeting you in person and helping get you on your way to Portugal. Well, we know how that worked out!
Portugal’s golden visa, or residency by investment, is a hugely successful scheme of Portuguese (and therefore EU) residency in return for investing in property or business. Successful applicants gain the right to live and work here, free movement around Europe’s Schengen zone, and the chance to apply for citizenship after 5 years. Here’s how.
I wrote this time last month that Portugal’s property market is booming and that’s certainly showing no signs of slowing down. The golden visas programme continues apace, attracting more and more investment into the country. Likewise, we’re seeing more results of the building boom, with luxury developments in Lisbon nearing completion. Plus, lest you think the Algarve’s just for holidays, an innovative solar facility’s opened near Martim Longo.