Ever since direct investment in property ceased to qualify for the Golden Visa, many investors have been asking whether the programme still makes sense. The answer is still yes — but by a different route.
What Has Changed
Direct property investment no longer counts towards the Golden Visa. The current eligible routes include qualified investment funds, job creation and support for scientific or cultural activities.
Where Property Comes In
Although the property itself does not qualify directly, many investors who obtain the visa via funds choose, in parallel, to buy a home in Portugal as a second residence or to let — combining the two objectives.
Is It Worth It?
For those seeking residency and eventual European citizenship through investment, yes — the process remains swift compared with other European countries. For those seeking only a direct property investment, the calculation has changed and should be made with a specialist adviser.
The FOZ VILLA team works with licensed partners for advice on eligible funds, and continues to support the property component of any investment process.



