Demand for Portugal’s Golden Visa Program is predicted to increase in 2025, driven by North America and the United Kingdom, consistent demand from Asian markets, greater market awareness, and enhanced processing to manage the rising volume of applications.
Portugal’s Residency by Investment Scheme offers residency to nationals from non-EU countries in exchange for financial investments. While real estate investment, previously a popular option, was discontinued in October 2023 to address the housing crisis, other avenues remain attractive to foreign investors.
Investment funds are particularly appealing to investors from North America and the UK. Other options include investments in arts or cultural heritage, job creation (ten jobs), and scientific research. Data indicates a significant number of Americans living abroad, with many choosing European countries. Portugal is a sought-after destination for residency and citizenship in EU countries, largely due to its Golden Visa Program. Increased interest stems from various social and economic factors. Similarly, interest from British citizens remains high, particularly following the UK’s departure from the EU. Demand is also rising in the Eastern market, specifically from China. These nationalities were among the top beneficiaries of the program.
Portuguese authorities are working to streamline the application process to address the surge in demand. Previously, lengthy processing times led to frustration for some applicants. Consequently, efforts are underway to accelerate the process.
