With Portugal’s recent changes to its Golden Visa Program, the country has closed the real estate investment route but offers several alternative pathways for foreign investors seeking residency. Among these options, one of the most attractive is the investment fund option, which continues to provide a viable path despite recent adjustments to the program.
Investment Fund Option
To qualify for the Golden Visa through this route, investors must contribute at least €500,000 into eligible Portuguese investment funds. These funds must be registered with the Portuguese Securities Market Commission (CMVM) to ensure compliance with regulatory standards.
A key requirement is that 60 percent or more of the fund’s capital must be allocated to assets within Portugal. These assets could include sectors such as real estate, technology startups, or other industries that contribute to the country's economic development.
Commercial Real Estate Investment
Despite the elimination of the residential real estate investment route, the investment fund option still permits investments in commercial real estate. This includes the purchase of new commercial properties or those that require renovation. This option remains appealing for investors interested in the real estate sector.
Additional Pathways
In addition to the investment fund, there are other pathways under the Golden Visa Program, such as donations to cultural heritage, investments in research and development, and job creation initiatives. Each option contributes to the growth of Portugal’s economy and offers foreign investors a way to secure residency.
Family Reunification
One of the significant benefits of Portugal’s Golden Visa is that it allows for family reunification. Once granted, family members of the primary investor can also obtain residency through this program, making it an attractive option for those seeking to relocate with loved ones.
By choosing the investment fund route, investors not only gain access to residency in Portugal but also play a part in the country’s continued economic progress through targeted and strategic investments.