Even with the end of the Golden Visa real estate route, Portugal continues to attract serious international property investors. Here’s why.

When Portugal officially closed the real estate option for its Golden Visa program in 2023, many feared it would slow down international investment. Instead, the opposite happened.

Demand Has Shifted, Not Disappeared

Rather than deterring investors, the change redirected focus toward Portugal’s inherent strengths: a stable economy, beautiful climate, and tax-friendly environment. Buyers are now more lifestyle- and ROI-focused than ever.

The NHR Regime Still Offers Tax Benefits

Portugal’s Non-Habitual Residency (NHR) regime continues to attract entrepreneurs, pensioners, and remote workers with favorable tax treatment for a 10-year period. This makes Portugal an ideal base for long-term relocation.

Strong Rental Yields in Key Regions

Lisbon, Porto, and the Algarve are experiencing rising rental yields thanks to continued demand from expats and tourists. Long-term rentals, student housing, and boutique hospitality developments are especially promising.

Stable Market, Growing Appeal

Portugal remains politically and economically stable, with an excellent healthcare system, multilingual population, and tech-forward cities. International schools, co-working spaces, and global connectivity further enhance its appeal to global citizens.

Investor Insight:
Portugal is evolving from a visa destination to a lifestyle and investment powerhouse. For those looking beyond passports and into profit and long-term value, the country still offers incredible opportunities.