Investment through Portugal Golden Visa rises 33%

25 July 2022

The investment through golden visas in the first semester of 2022 totalled 316.2 million euros, an increase of 33% when compared to the same period last year.


Using data collected from SEF, Lusa reports that in June the investment through golden visas came to more than 77.9 million euros, a 44% increase when compared to May (53.8 million euros), and more than doubled when compared to the 36.4 million euros recorded in the same month of 2021.


During the month of June, 155 gold visas were granted, of which 126 were for the acquisition of real estate (68 for urban rehabilitation), 28 for capital transfers and one for job creation. Investment in the purchase of real estate amounted to 62.2 million euros last month, of which 23.9 million were in urban rehabilitation against only 15.6 million in capital transfer.


In the first 6 months of the year, 649 ARIs were awarded (94 in January, 94 in February, 73 in March, 121 in April, 112 in May and 155 in June). In the month of June, 30 golden visas were granted in China, 30 in the USA, 14 in Turkey, 11 in India and 10 in Brazil.


204 residence permits were granted for family reunification. Since the beginning of the Portugal Golden Visa programme 17,956 residence permits have been granted with the objective of reuniting family members. 735 of these will be granted in 2022.


Portugal’s Golden Visa program is one of the most popular residency by investment programs in Europe and in the world. The program started in October 2012 and since then 10,903 applicants have received their Golden Visas: 2 in 2012, 494 in 2013, 1,526 in 2014, 766 in 2015, 1,414 in 2016, 1,351 in 2017, 1,409 in 2018, 1,245 in 2019, 1,182 in 2020, 865 in 2021 and, so far, 649 in 2022.


Source: Lusa/Eco News

11 July 2025
The Portuguese Parliament has decided to postpone the vote on the proposed amendments to the Nationality Law until September 2025. The decision was taken in a meeting of the Committee on Constitutional Affairs, Rights, Freedoms and Guarantees, following pressure from several political parties who requested more time to assess the implications of the proposed reform. The delay allows for additional hearings with legal experts, immigrant associations and civil society representatives before a final vote is held in plenary session. The proposed reform introduces significant changes to the current legal framework for acquiring Portuguese nationality. Among the most impactful measures is the extension of the minimum legal residence period required before applying for naturalisation. Under the new proposal, this period would increase from the current five years to seven years for nationals of CPLP countries (Community of Portuguese Language Countries), and to ten years for applicants from all other countries. Another major change concerns the introduction of mechanisms to revoke Portuguese nationality . According to the proposal, naturalised citizens who are convicted of serious crimes — defined as those resulting in prison sentences of five years or more , within ten years of acquiring nationality — could see their Portuguese citizenship revoked by a court decision, based on a proposal from the Public Prosecutor’s Office. In addition, the reform would tighten the requirements for acquiring original Portuguese nationality through birth in Portugal. For children born in Portuguese territory to foreign parents, it would become mandatory that at least one parent has been residing legally in Portugal for a minimum of three years , instead of the current two years. Although the government initially intended to approve these changes before the summer recess, political consensus has not yet been reached. Left-wing parties have raised concerns regarding the constitutionality of retroactive revocation of nationality and the potential impact on the rights of long-term residents and immigrant communities in Portugal. In response, the parliamentary committee agreed to postpone the process and schedule a new round of expert hearings in early September. A final vote on the reform is now expected to take place later that month. Until then, the current version of the Nationality Law remains in force , including the five-year legal residence requirement for naturalisation. Applicants who meet this requirement and wish to apply under the current rules may still do so in the coming weeks.
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