Reuters has an optimistic view of what happens now that rich foreigners can no longer buy their way into the European Union through a real estate purchase in Portugal:
“Putting money into investment funds has been an option under the Portuguese scheme since 2015, but is now expected to be its principal channel,” Reuters writes.
In case you were wondering what other way you can obtain residency:
“Other routes include donating to cultural or research projects,” according to Reuters.
Previously: Portugal first half home sales slump 20% as golden visa ends
And: Is Portugal’s Golden Visa Scheme Worth It?
Related: Americans are leaving Portugal as golden visa honeymoon ends
However, also: Americans continue to invest in luxury properties in Portugal
