“More people are actually going through with the process, too: the number of golden visas granted in Portugal in May alone hit a several-year high of 180, according to government statistics,” Bloomberg writes.
Related: Portugal ends Golden Visas, curtails Airbnb rentals to address housing crisis (February 2023)
Americans are leaving Portugal as golden visa honeymoon ends (June 2023)
Portugal set to u-turn on golden visa axe? (June 2023)
Requests for golden visas are only valid if they were filed by February 16, 2023 — the date on which the Portuguese government unveiled its package of measures to address
“From language barriers and bureaucratic challenges to housing costs that have been driven higher by foreign investment, some expats say that life in Portugal hasn’t met their expectations,” Bloomberg writes. Color us surprised! Related:
“In Portugal, it has attracted 6.5 billion euros in investment by foreigners, mainly from China, Brazil and South Africa, with the bulk of the money going into real estate,” Reuters
“The golden visa will still come to an end in Portugal but now applications will remain open until the new laws are finally promulgated, reversing the rule that had stated
“[Foreign] buyers are willing to pay more than twice as much as domestic buyers for a home in Lisbon, the country’s National Statistics Institute said in a report in April, exacerbating concerns
US winemaker Laely Heron said it would be “a slap in the face if they change this” and that she’s going to look to invest outside of Portugal if the
Is this the end of the program that brought Portugal €6.8 billion in “investment” since 2012? Place your bets.
According to, Rachel Sanderson, writing for Bloomberg, “Southern European policymakers won’t give up offering incentives to lure the restless global elite. A toxic mixture of long-term low growth, high debt and stubborn unemployment
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