{"id":14763,"date":"2026-11-03T22:07:05","date_gmt":"2026-11-03T22:07:05","guid":{"rendered":"https:\/\/novomove.com\/golden-visa-europe\/"},"modified":"2026-11-03T22:07:05","modified_gmt":"2026-11-03T22:07:05","slug":"golden-visa-europe","status":"publish","type":"post","link":"https:\/\/novomove.com\/pt\/golden-visa-europe\/","title":{"rendered":"Which European countries still have a golden visa in 2026?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Spain shut its golden visa on 3 April 2025. In October 2026 Greece warned it would revoke permits, and Italy drafted a tax on wealthy residents who leave.<\/strong> Europe is closing its golden visas, one country at a time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And yet <strong>Portugal granted 2,685 Golden Visas in 2025<\/strong>, more than in any year since its programme began in 2012.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you&#8217;re weighing a European residence permit for your family, here&#8217;s where every programme stands now: which four closed and when, what Greece and Italy changed, and what Portugal still gives you.<\/p>\n\n\n\n<div class=\"nm-sum\">\n<style>\n.nm-sum,.nm-flow,.nm-qs,.nm-dep,.nm-cost,.nm-stg{font-family:inherit;margin:34px 0 38px;}\n.nm-sum{background:#FFFBF0;border:1px solid #F2E6BE;border-left:5px solid #F5C518;border-radius:0 18px 18px 0;padding:24px 28px;}\n.nm-k{font-size:12.5px;font-weight:700;letter-spacing:.1em;text-transform:uppercase;color:#8a6d00;margin:0 0 14px;}\n.nm-sum ul,.nm-qs ol{margin:0;padding:0;list-style:none;}\n.nm-sum li{position:relative;padding-left:26px;margin:0 0 11px;font-size:16.5px;line-height:1.55;color:#1B2A4A;}\n.nm-sum li:last-child{margin-bottom:0;}\n.nm-sum li:before{content:\"\";position:absolute;left:4px;top:9px;width:8px;height:8px;border-radius:50%;background:#F5C518;}\n.nm-flow{position:relative;padding-left:4px;}\n.nm-fs{display:grid;grid-template-columns:44px 1fr;gap:0 18px;position:relative;padding-bottom:26px;}\n.nm-fs:last-child{padding-bottom:0;}\n.nm-fs:not(:last-child):after{content:\"\";position:absolute;left:21px;top:46px;bottom:4px;width:2px;background:#E3E7EF;}\n.nm-fn{width:44px;height:44px;border-radius:50%;background:#1B2A4A;color:#F5C518;font-weight:700;font-size:18px;display:flex;align-items:center;justify-content:center;}\n.nm-ft{font-size:17.5px;font-weight:700;color:#1B2A4A;margin:9px 0 5px;line-height:1.35;}\n.nm-fd{font-size:16px;line-height:1.6;color:#3d4c6b;margin:0 0 9px;}\n.nm-chip{display:inline-block;font-size:13.5px;font-weight:600;padding:5px 12px;border-radius:999px;background:#F4F6FA;border:1px solid #E3E7EF;color:#1B2A4A;}\n.nm-chip.g{background:#FFFBF0;border-color:#F2E6BE;color:#8a6d00;}\n.nm-qs{background:#F4F6FA;border:1px solid #E3E7EF;border-radius:18px;padding:24px 28px;}\n.nm-qs .nm-k{color:#5a6b8c;}\n.nm-qs li{display:grid;grid-template-columns:30px 1fr;gap:12px;margin:0 0 14px;font-size:16.5px;line-height:1.5;color:#1B2A4A;font-weight:600;}\n.nm-qs li:last-child{margin-bottom:0;}\n.nm-qs li span{width:30px;height:30px;border-radius:8px;background:#fff;border:1px solid #C9D0DC;color:#00B67A;display:flex;align-items:center;justify-content:center;font-weight:700;}\n.nm-dep{display:grid;grid-template-columns:1fr 1fr;gap:16px;}\n.nm-dc{border:1px solid #E3E7EF;border-radius:16px;padding:20px 22px;background:#fff;}\n.nm-dc.y{background:#1B2A4A;border-color:#1B2A4A;}\n.nm-dc h4{margin:0 0 4px;font-size:18px;color:#1B2A4A;font-family:inherit;}\n.nm-dc.y h4{color:#fff;}\n.nm-dc .w{font-size:13px;font-weight:700;letter-spacing:.06em;text-transform:uppercase;color:#5a6b8c;margin:0 0 12px;}\n.nm-dc.y .w{color:#F5C518;}\n.nm-dc p{font-size:15.5px;line-height:1.55;margin:0;color:#3d4c6b;}\n.nm-dc.y p{color:rgba(255,255,255,.85);}\n.nm-cost{border:1px solid #E3E7EF;border-radius:18px;overflow:hidden;}\n.nm-cost .nm-ch{background:#1B2A4A;color:#fff;padding:18px 24px;font-weight:700;font-size:17px;}\n.nm-cost .nm-ch span{color:#F5C518;}\n.nm-cg{display:grid;grid-template-columns:repeat(4,1fr);}\n.nm-ci{padding:20px 22px;border-right:1px solid #E3E7EF;}\n.nm-ci:last-child{border-right:0;}\n.nm-ci .v{font-size:24px;font-weight:700;color:#1B2A4A;line-height:1.2;}\n.nm-ci .l{font-size:14px;line-height:1.45;color:#5a6b8c;margin-top:6px;}\n.nm-stg{display:grid;grid-template-columns:repeat(5,1fr);gap:10px;counter-reset:s;}\n.nm-sg{background:#F4F6FA;border:1px solid #E3E7EF;border-radius:14px;padding:16px 14px;position:relative;}\n.nm-sg:before{counter-increment:s;content:counter(s);display:flex;width:30px;height:30px;border-radius:50%;background:#F5C518;color:#1B2A4A;font-weight:700;align-items:center;justify-content:center;margin-bottom:10px;}\n.nm-sg b{display:block;font-size:15.5px;color:#1B2A4A;line-height:1.35;margin-bottom:4px;}\n.nm-sg small{font-size:13.5px;line-height:1.45;color:#5a6b8c;display:block;}\n.nm-stg-note{grid-column:1\/-1;font-size:14.5px;color:#5a6b8c;margin-top:4px;}\n.nm-flow p,.nm-qs p,.nm-sum p,.nm-dc p,.nm-cost p{margin-top:0!important;}\n.nm-flow .nm-ft{margin:9px 0 4px!important;}\n.nm-flow .nm-fd{margin:0 0 8px!important;}\n.entry-content ul.wp-block-list,.entry-content ol.wp-block-list{margin:6px 0 26px;padding-left:22px;}\n.entry-content ul.wp-block-list li,.entry-content ol.wp-block-list li{font-size:17px;line-height:1.6;margin:0 0 10px;padding-left:4px;}\n.entry-content ul.wp-block-list li::marker{color:#F5C518;}\n@media(max-width:820px){.nm-dep,.nm-cg{grid-template-columns:1fr 1fr!important;}.nm-stg{grid-template-columns:1fr!important;}.nm-ci:nth-child(2){border-right:0;}.nm-ci:nth-child(-n+2){border-bottom:1px solid #E3E7EF;}}\n@media(max-width:560px){.nm-dep,.nm-cg{grid-template-columns:1fr!important;}.nm-ci{border-right:0!important;border-bottom:1px solid #E3E7EF;}.nm-ci:last-child{border-bottom:0;}.nm-sum,.nm-qs{padding:20px;}}\n<\/style>\n<p class=\"nm-k\">The short version<\/p>\n<ul>\n<li><strong>Four countries closed<\/strong> their golden visas: the UK (2022), Ireland (2023), the Netherlands (2024) and Spain (2025).<\/li>\n<li><strong>Six still have one open:<\/strong> Portugal, Greece, Italy, Hungary, Cyprus and Malta. Latvia kept a narrowed version.<\/li>\n<li><strong>Greece and Italy tightened the rules<\/strong> around theirs in 2026. Italy&#8217;s exit tax is still a draft.<\/li>\n<li><strong>Portugal kept its programme.<\/strong> Its most-used routes are \u20ac500,000 in a fund or a \u20ac250,000 cultural donation.<\/li>\n<li>What changed for Portugal is <strong>citizenship: 10 years<\/strong> since 19 May 2026, 7 for EU and CPLP nationals.<\/li>\n<\/ul>\n<\/div>\n\n\n\n<style>\n.nm-toc{font-family:inherit;margin:30px 0 8px;border:1px solid #E3E7EF;border-left:4px solid #1B2A4A;border-radius:16px;background:#fff;}\n.nm-toc summary{list-style:none;cursor:pointer;display:flex;align-items:center;justify-content:space-between;gap:12px;padding:16px 22px;font-weight:700;font-size:16.5px;color:#1B2A4A;}\n.nm-toc summary::-webkit-details-marker{display:none;}\n.nm-toc summary small{font-weight:600;font-size:13.5px;color:#5a6b8c;margin:0 auto 0 4px;}\n.nm-toc summary::after{content:\"\";width:9px;height:9px;border-right:2px solid #1B2A4A;border-bottom:2px solid #1B2A4A;transform:rotate(45deg);margin:-4px 4px 0 0;transition:transform .2s;flex:none;}\n.nm-toc[open] summary::after{transform:rotate(-135deg);margin-top:4px;}\n.nm-toc:not([open]) ol{display:none !important;}\n.nm-toc ol{margin:0 !important;padding:16px 22px 8px 44px !important;columns:2;column-gap:36px;border-top:1px solid #E3E7EF;}\n.nm-toc li{break-inside:avoid;margin:0 0 10px !important;font-size:15px;line-height:1.45;color:#5a6b8c;}\n.nm-toc li::marker{color:#C9A10C;font-weight:700;}\n.nm-toc a{color:#1B2A4A;text-decoration:none;}\n.nm-toc a:hover{text-decoration:underline;text-underline-offset:3px;}\n.entry-content h2[id]{scroll-margin-top:110px;}\n@media(max-width:820px){.nm-toc ol{columns:1;}}\n<\/style>\n<details class=\"nm-toc\">\n<summary>In this guide<small>9 sections<\/small><\/summary>\n<ol><li><a href=\"#what-do-we-mean-by-a-golden-visa\">What do we mean by a golden visa?<\/a><\/li><li><a href=\"#which-golden-visas-in-europe-are-open-and-which-have-closed\">Which golden visas in Europe are open, and which have closed?<\/a><\/li><li><a href=\"#which-countries-have-closed-their-golden-visas-and-when\">Which countries have closed their golden visas, and when?<\/a><\/li><li><a href=\"#what-has-greece-changed-and-is-it-closing\">What has Greece changed, and is it closing?<\/a><\/li><li><a href=\"#what-is-italy-doing-to-wealthy-newcomers-and-leavers\">What is Italy doing to wealthy newcomers and leavers?<\/a><\/li><li><a href=\"#which-other-european-golden-visa-programmes-are-still-open\">Which other European golden visa programmes are still open?<\/a><\/li><li><a href=\"#is-portugal-next-to-close-its-golden-visa\">Is Portugal next to close its Golden Visa?<\/a><\/li><li><a href=\"#how-many-golden-visas-did-portugal-grant-in-2025\">How many Golden Visas did Portugal grant in 2025?<\/a><\/li><li><a href=\"#what-does-portugal-s-golden-visa-still-give-you\">What does Portugal&#039;s Golden Visa still give you?<\/a><\/li><\/ol>\n<\/details>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"what-do-we-mean-by-a-golden-visa\" class=\"wp-block-heading\">What do we mean by a golden visa?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A golden visa is a residence permit you get in return for investing a set amount in a country<\/strong>, or donating to it, without having to live or work there first. Each country gives it its own name:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Portugal:<\/strong> the residence permit for investment (ARI), which everyone calls the Golden Visa.<\/li>\n\n\n\n<li><strong>Italy:<\/strong> the investor visa.<\/li>\n\n\n\n<li><strong>Hungary:<\/strong> the Guest Investor Programme.<\/li>\n\n\n\n<li><strong>Malta:<\/strong> the permanent residence programme (MPRP).<\/li>\n\n\n\n<li><strong>Cyprus:<\/strong> permanent residence for investors.<\/li>\n\n\n\n<li><strong>Greece:<\/strong> the residence permit for property investors.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">We use &#8220;golden visa&#8221; for all of them. Citizenship-by-investment schemes, which sell a passport, are a different thing, and this post only mentions them where a country&#8217;s rules changed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This post covers the whole European map, dated and sourced. For the Portuguese routes, fees and process in full, see our Golden Visa guide, linked in the Portugal section below.<\/p>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"which-golden-visas-in-europe-are-open-and-which-have-closed\" class=\"wp-block-heading\">Which golden visas in Europe are open, and which have closed?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Six countries have an open golden visa<\/strong>: Portugal, Greece, Italy, Hungary, Cyprus and Malta. Latvia narrowed its programme, and the UK, Ireland, the Netherlands and Spain closed theirs.<\/p>\n\n\n\n<div class=\"nm-acc\" role=\"figure\" aria-label=\"European golden visas by status\">\n<style>\n.nm-acc{margin:28px 0;font-family:inherit;}\n.nm-acc .nm-acc-grid{display:grid;grid-template-columns:repeat(3,1fr);gap:16px;}\n.nm-acc .nm-acc-card{background:#F4F6FA;border:1px solid #E3E7EF;border-radius:16px;padding:20px 20px 18px;}\n.nm-acc .nm-acc-card.nm-acc-both{background:#1B2A4A;border-color:#1B2A4A;color:#fff;}\n.nm-acc .nm-acc-tag{display:inline-block;font-size:12px;font-weight:700;letter-spacing:.06em;text-transform:uppercase;padding:5px 11px;border-radius:999px;background:#E3E7EF;color:#1B2A4A;margin:0 0 12px;}\n.nm-acc .nm-acc-both .nm-acc-tag{background:#F5C518;color:#1B2A4A;}\n.nm-acc h4{font-size:19px;line-height:1.3;margin:0 0 6px;color:#1B2A4A;font-family:inherit;}\n.nm-acc .nm-acc-both h4{color:#fff;}\n.nm-acc .nm-acc-holds{font-size:15px;line-height:1.5;margin:0 0 12px;color:#5a6b8c;}\n.nm-acc .nm-acc-both .nm-acc-holds{color:rgba(255,255,255,.8);}\n.nm-acc ul{list-style:none;margin:0;padding:0;}\n.nm-acc li{font-size:15px;line-height:1.5;margin:0 0 7px;padding-left:26px;position:relative;color:#1B2A4A;}\n.nm-acc .nm-acc-both li{color:#fff;}\n.nm-acc li:before{position:absolute;left:0;top:0;font-weight:700;}\n.nm-acc li.y:before{content:\"\u2713\";color:#00B67A;}\n.nm-acc li.n:before{content:\"\u2715\";color:#C0392B;}\n.nm-acc .nm-acc-both li.y:before{color:#F5C518;}\n.nm-acc .nm-acc-flow{display:flex;flex-wrap:wrap;align-items:center;gap:8px;margin:18px 0 0;padding:16px 18px;border:1px dashed #C9D0DC;border-radius:14px;font-size:14.5px;line-height:1.4;color:#1B2A4A;}\n.nm-acc .nm-acc-step{background:#fff;border:1px solid #E3E7EF;border-radius:10px;padding:7px 11px;}\n.nm-acc .nm-acc-arrow{color:#F5C518;font-weight:700;}\n.nm-acc .nm-acc-cap{font-size:13.5px;color:#5a6b8c;margin:10px 0 0;}\n@media(max-width:820px){.nm-acc .nm-acc-grid{grid-template-columns:1fr!important;}}\n@media(max-width:700px){.entry-content figure.wp-block-table{overflow-x:auto;-webkit-overflow-scrolling:touch;}.entry-content figure.wp-block-table table{min-width:640px;}}\n<\/style>\n<div class=\"nm-acc-grid\">\n<div class=\"nm-acc-card nm-acc-both\">\n<span class=\"nm-acc-tag\">Open<\/span>\n<h4>Where you can still apply<\/h4>\n<p class=\"nm-acc-holds\">Six programmes.<\/p>\n<ul>\n<li class=\"y\">Portugal<\/li>\n<li class=\"y\">Greece (tightened)<\/li>\n<li class=\"y\">Italy (investor visa)<\/li>\n<li class=\"y\">Hungary<\/li>\n<li class=\"y\">Cyprus<\/li>\n<li class=\"y\">Malta (residence only)<\/li>\n<\/ul>\n<\/div>\n<div class=\"nm-acc-card\">\n<span class=\"nm-acc-tag\">Narrowed<\/span>\n<h4>Where you have fewer routes<\/h4>\n<p class=\"nm-acc-holds\">From 15 September 2026.<\/p>\n<ul>\n<li class=\"y\">Latvia: the company route stays<\/li>\n<li class=\"n\">You can&#8217;t use property or a bank deposit<\/li>\n<\/ul>\n<\/div>\n<div class=\"nm-acc-card\">\n<span class=\"nm-acc-tag\">Closed<\/span>\n<h4>Where you can&#8217;t apply any more<\/h4>\n<p class=\"nm-acc-holds\">Four closures since 2022.<\/p>\n<ul>\n<li class=\"n\">UK, 17 February 2022<\/li>\n<li class=\"n\">Ireland, 15 February 2023<\/li>\n<li class=\"n\">Netherlands, 17 April 2024<\/li>\n<li class=\"n\">Spain, 3 April 2025<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p class=\"nm-acc-cap\">In no particular order. Dates and sources for every country are in this post.<\/p>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Here&#8217;s every country, with what changed and when.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Country<\/th><th>Status<\/th><th>What changed<\/th><th>Date<\/th><\/tr><\/thead><tbody><tr><td>Portugal<\/td><td>Open<\/td><td>Property route closed; five routes remain, most often the \u20ac500,000 fund and the \u20ac250,000 cultural donation. Citizenship moved from 5 to 10 years<\/td><td>7 Oct 2023; 19 May 2026<\/td><\/tr><tr><td>Greece<\/td><td>Open, tightened<\/td><td>Property minimum \u20ac800,000 in Athens, Thessaloniki, Mykonos, Santorini and islands over 3,100 people; \u20ac400,000 elsewhere. Minister warned of revocations; opposition move to end the property route rejected<\/td><td>1 Sep 2024; early Oct 2026; 15 Oct 2026<\/td><\/tr><tr><td>Italy<\/td><td>Open (investor visa from \u20ac250,000); tax tightened<\/td><td>Flat tax for new residents raised to \u20ac300,000 a year; draft 2027 budget proposes a tax on gains for leavers with \u20ac800,000 or more in financial investments<\/td><td>1 Jan 2026; draft of 30 Oct 2026<\/td><\/tr><tr><td>Hungary<\/td><td>Open<\/td><td>\u20ac250,000 fund or \u20ac1 million donation; the property option was dropped before it started<\/td><td>July 2024; Dec 2024<\/td><\/tr><tr><td>Cyprus<\/td><td>Open<\/td><td>Permanent residence for \u20ac300,000 in a new home, other property, a Cyprus company or a Cyprus fund<\/td><td>2 May 2023<\/td><\/tr><tr><td>Malta<\/td><td>Open (residence only)<\/td><td>Citizenship by investment struck down by the EU Court of Justice; the permanent residence programme continues<\/td><td>29 Apr 2025<\/td><\/tr><tr><td>Latvia<\/td><td>Narrowed<\/td><td>Property and bank-deposit routes abolished; company route stays with two-year permits<\/td><td>15 Sep 2026<\/td><\/tr><tr><td>Spain<\/td><td>Closed<\/td><td>Investor visa repealed by law, citing housing<\/td><td>3 Apr 2025<\/td><\/tr><tr><td>Netherlands<\/td><td>Closed<\/td><td>Investor permit abolished, citing money-laundering risk; applications filed before the date still handled<\/td><td>17 Apr 2024<\/td><\/tr><tr><td>Ireland<\/td><td>Closed<\/td><td>Immigrant Investor Programme closed to new applications<\/td><td>15 Feb 2023<\/td><\/tr><tr><td>UK<\/td><td>Closed<\/td><td>Tier 1 Investor visa closed to all new applicants, citing security<\/td><td>17 Feb 2022<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"which-countries-have-closed-their-golden-visas-and-when\" class=\"wp-block-heading\">Which countries have closed their golden visas, and when?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Four countries have closed their golden visas since 2022<\/strong>: the UK on 17 February 2022, Ireland on 15 February 2023, the Netherlands on 17 April 2024 and Spain on 3 April 2025.<\/p>\n\n\n\n<div class=\"nm-flow\" role=\"list\" aria-label=\"Four golden visa closures, 2022 to 2025\">\n<div class=\"nm-fs\" role=\"listitem\"><div class=\"nm-fn\">1<\/div><div><p class=\"nm-ft\">17 February 2022: the UK<\/p><p class=\"nm-fd\">Tier 1 Investor visa closed to all new applicants, with immediate effect.<\/p><span class=\"nm-chip\">Reason given: security<\/span><\/div><\/div>\n<div class=\"nm-fs\" role=\"listitem\"><div class=\"nm-fn\">2<\/div><div><p class=\"nm-ft\">15 February 2023: Ireland<\/p><p class=\"nm-fd\">Immigrant Investor Programme closed a day after the announcement. About 1,500 applications on hand kept being processed.<\/p><span class=\"nm-chip\">Open since 2012<\/span><\/div><\/div>\n<div class=\"nm-fs\" role=\"listitem\"><div class=\"nm-fn\">3<\/div><div><p class=\"nm-ft\">17 April 2024: the Netherlands<\/p><p class=\"nm-fd\">Investor permit abolished. Applications filed before that date are still handled, and holders can still extend.<\/p><span class=\"nm-chip\">Reason given: money-laundering risk<\/span><\/div><\/div>\n<div class=\"nm-fs\" role=\"listitem\"><div class=\"nm-fn\">4<\/div><div><p class=\"nm-ft\">3 April 2025: Spain<\/p><p class=\"nm-fd\">A new law repealed the investor visa.<\/p><span class=\"nm-chip g\">Reason given: housing<\/span><\/div><\/div>\n<\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The UK<\/strong> shut its Tier 1 Investor visa to new applicants of every nationality, with immediate effect. The Home Office gave <strong>security<\/strong> as the reason, pointing to illegitimately acquired wealth and links to corruption (<a href=\"https:\/\/www.gov.uk\/government\/news\/tier-1-investor-visa-route-closes-over-security-concerns\" target=\"_blank\" rel=\"noopener\">gov.uk<\/a>).<\/li>\n\n\n\n<li><strong>Ireland<\/strong> closed its Immigrant Investor Programme, which had run since 2012, at close of business on 15 February 2023, a day after announcing it. <strong>The roughly 1,500 applications on hand kept being processed<\/strong> (<a href=\"https:\/\/www.irishimmigration.ie\/minister-harris-announces-closure-of-the-immigrant-investor-programme\/\" target=\"_blank\" rel=\"noopener\">Irish Immigration Service<\/a>).<\/li>\n\n\n\n<li><strong>The Netherlands<\/strong> abolished its investor permit on <strong>17 April 2024<\/strong>. The official notice gives <strong>the risk of criminal activity such as money laundering<\/strong> as the reason. Applications filed before that date are still handled, and if you already hold the permit, <strong>you can still extend it<\/strong> (<a href=\"https:\/\/zoek.officielebekendmakingen.nl\/stcrt-2024-13488.pdf\" target=\"_blank\" rel=\"noopener\">Staatscourant 2024, 13488<\/a>).<\/li>\n\n\n\n<li><strong>Spain<\/strong> repealed its investor residence visas completely on 3 April 2025, the day its new law came into force.<sup class=\"nm-fnref\"><a href=\"#source-4\">[4]<\/a><\/sup> The government&#8217;s notice cites <strong>the right to housing<\/strong>: the old route, which needed more than \u20ac500,000 in residential property, was blamed for price pressure in areas short of homes (<a href=\"https:\/\/www.lamoncloa.gob.es\/serviciosdeprensa\/notasprensa\/vivienda-agenda-urbana\/Paginas\/2025\/020425-fin-golden-visa.aspx\" target=\"_blank\" rel=\"noopener\">La Moncloa<\/a>).<\/li>\n<\/ul>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"what-has-greece-changed-and-is-it-closing\" class=\"wp-block-heading\">What has Greece changed, and is it closing?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You now need \u20ac800,000 for a Greek golden visa in Athens, Thessaloniki, Mykonos, Santorini and the larger islands<\/strong>, and Greece is not closing: in early October 2026 the government rejected an opposition amendment to end the property route. <strong>What has changed is the price and the policing.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The thresholds come from a Greek law published on 5 April 2024.<sup class=\"nm-fnref\"><a href=\"#source-5\">[5]<\/a><\/sup> If you had paid a 10% deposit by 31 August 2024, you could still complete under the old rules by 31 December 2024;<sup class=\"nm-fnref\"><a href=\"#source-7\">[7]<\/a><\/sup> <strong>every other purchase from 1 September 2024 needs the new minimums<\/strong>. The main areas had already doubled from \u20ac250,000 to \u20ac500,000 on 1 August 2023 (<a href=\"https:\/\/newsletters.enterprisegreece.gov.gr\/newsletter-articles\/greece-adjusts-golden-visa-program-amid-rising-outlook-for-property-market\/\" target=\"_blank\" rel=\"noopener\">Enterprise Greece<\/a>).<\/p>\n\n\n\n<div class=\"nm-cost\">\n<div class=\"nm-ch\">Greece: what you need to buy, <span>since 1 September 2024<\/span><\/div>\n<div class=\"nm-cg\">\n<div class=\"nm-ci\"><div class=\"v\">\u20ac800,000<\/div><div class=\"l\">Attica, Thessaloniki, Mykonos, Santorini and islands over 3,100 people<\/div><\/div>\n<div class=\"nm-ci\"><div class=\"v\">\u20ac400,000<\/div><div class=\"l\">everywhere else<\/div><\/div>\n<div class=\"nm-ci\"><div class=\"v\">\u20ac250,000<\/div><div class=\"l\">only to convert a commercial building or restore a listed one<\/div><\/div>\n<div class=\"nm-ci\"><div class=\"v\">120 m\u00b2<\/div><div class=\"l\">one property, minimum living space on the main tiers<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">On the two main tiers <strong>you need a single property with at least 120 square metres<\/strong> of living space, and <strong>you can&#8217;t use it for short-term lets<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The policing came on 15 October 2026.<\/strong> Migration Minister Thanos Plevris warned that if you let your golden-visa property short-term, or quietly take back part of the purchase price as a rebate, <strong>you lose the permit<\/strong>, and the property&#8217;s owner faces a separate <strong>\u20ac50,000 fine<\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The short-term letting ban and the revocation are in Greek law.<\/strong><sup class=\"nm-fnref\"><a href=\"#source-5\">[5]<\/a><\/sup> A government circular of April 2026 defines short-term as <strong>under 60 days<\/strong>.<sup class=\"nm-fnref\"><a href=\"#source-6\">[6]<\/a><\/sup><\/li>\n\n\n\n<li><strong>The rebate ground is less settled.<\/strong> <a href=\"https:\/\/greekcitytimes.com\/2026\/10\/26\/greece-golden-visa-hidden-rebates-short-term-rentals\" target=\"_blank\" rel=\"noopener\">Greek City Times<\/a> (26 October 2026) notes it may be contested.<\/li>\n\n\n\n<li><strong>You can still let the property long-term.<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>An attempt to end the property route failed.<\/strong> In the week before 7 October 2026, PASOK, the main opposition party, tabled an amendment during a debate on a Development Ministry bill to end investor permits for property purchases and steer the incentive to business investment. The governing New Democracy party rejected it, as <a href=\"https:\/\/www.imidaily.com\/europe\/greeces-main-opposition-party-proposes-ending-the-real-estate-golden-visa\/\" target=\"_blank\" rel=\"noopener\">IMI Daily<\/a> and <a href=\"https:\/\/www.tovima.com\/politics\/androulakis-slams-mitsotakis-housing-plan-urges-golden-visa-halt\/\" target=\"_blank\" rel=\"noopener\">To Vima<\/a> reported on 7 October 2026. With about 30 of the 300 seats, PASOK could not pass it alone.<\/p>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"what-is-italy-doing-to-wealthy-newcomers-and-leavers\" class=\"wp-block-heading\">What is Italy doing to wealthy newcomers and leavers?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>If you move your tax residence to Italy and opt into its flat tax, you pay \u20ac300,000 a year from 1 January 2026.<\/strong> Italy&#8217;s draft 2027 budget, dated 30 October 2026, also proposes <strong>a tax on your unrealised gains if you leave<\/strong> with \u20ac800,000 or more in financial investments.<\/p>\n\n\n\n<div class=\"nm-dep\">\n<div class=\"nm-dc y\"><p class=\"w\">In force since 1 January 2026<\/p><h4>The flat tax if you move in<\/h4><p>You pay \u20ac300,000 a year on income from outside Italy, for up to 15 years, plus \u20ac50,000 per family member. It was \u20ac100,000 until August 2024.<\/p><\/div>\n<div class=\"nm-dc\"><p class=\"w\">Draft, as of 3 November 2026<\/p><h4>A tax on gains if you leave<\/h4><p>If you hold \u20ac800,000 or more in financial investments and were resident six of the last ten years, your unrealised gains would be taxed at Italy&#8217;s ordinary rates (26% on shares and funds) when you leave, from 1 January 2027.<\/p><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The flat tax is a tax option, separate from the investor visa.<\/strong> If you move your tax residence to Italy, you can pay a fixed yearly substitute tax on income from outside Italy, for up to 15 years, in place of ordinary rates.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u20ac100,000 a year<\/strong> until 10 August 2024.<\/li>\n\n\n\n<li><strong>\u20ac200,000<\/strong> from then.<\/li>\n\n\n\n<li><strong>\u20ac300,000<\/strong> if you become resident from 1 January 2026, under Italy&#8217;s 2026 budget law, with the add-on per family member doubled to <strong>\u20ac50,000<\/strong> (<a href=\"https:\/\/www.agenziaentrate.gov.it\/portale\/schede\/agevolazioni\/opzione-per-i-neo-residenti\/infogen-opzionale-neo-residenti\" target=\"_blank\" rel=\"noopener\">Agenzia delle Entrate<\/a>).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The draft budget is the newer and less certain measure.<\/strong> The draft sent to parliament on 30 October 2026 would tax gains that have built up but not been cashed in when you move your tax residence out of Italy, if you hold financial investments (shares, funds, bonds, crypto and similar) worth at least \u20ac800,000 and were Italian tax resident in at least six of the previous ten tax years. Property and cash in euros don&#8217;t count. It would apply when your loss of residence takes effect from <strong>1 January 2027<\/strong>, and Italy counts residence by whole years: <strong>if you lived there for most of 2026, leaving in late 2026 doesn&#8217;t avoid it.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The draft applies <strong>Italy&#8217;s ordinary rates<\/strong> to those gains: <strong>26% on shares and funds<\/strong>, 33% on crypto and about 12.5% on government bonds, according to the <a href=\"https:\/\/www.fiscoetasse.com\/files\/22625\/ddl-bilancio-2027-30-ottobre-2026-bollinato-ridotto.pdf\" target=\"_blank\" rel=\"noopener\">draft budget&#8217;s text<\/a> (article 17), as <a href=\"https:\/\/www.ilfattoquotidiano.it\/2026\/10\/30\/legge-bilancio-2027-irpef-exit-tax-pensioni-notizie\/8556091\/\" target=\"_blank\" rel=\"noopener\">Il Fatto Quotidiano<\/a> (30 October 2026) and <a href=\"https:\/\/www.imidaily.com\/europe\/italy-budget-bill-proposes-26-exit-tax-on-residents-leaving-with-e800000-or-more\/\" target=\"_blank\" rel=\"noopener\">IMI Daily<\/a> (31 October 2026) also reported. <strong>If you move within the EU, you can defer it<\/strong>: you pay half up front, and gains on assets you don&#8217;t sell within five years aren&#8217;t taxed. <strong>It&#8217;s still a draft bill<\/strong>, which parliament usually approves by the end of December and can amend before then.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Neither measure changes what you need to invest for Italy&#8217;s investor visa. <strong>They change the tax cost of arriving and, if the draft passes, of leaving.<\/strong> If you&#8217;re leaving Italy for Portugal, here&#8217;s <a href=\"\/italy-exit-tax-moving-to-portugal\/\">how the exit tax and Portugal&#8217;s IFICI regime fit together<\/a>.<\/p>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"which-other-european-golden-visa-programmes-are-still-open\" class=\"wp-block-heading\">Which other European golden visa programmes are still open?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Four other programmes are open<\/strong>, in Italy, Hungary, Cyprus and Malta, and Latvia kept a narrowed route from 15 September 2026. One sourced line each, at the legal minimums, in no particular order.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Italy&#8217;s investor visa:<\/strong> you invest \u20ac2 million in government bonds, \u20ac500,000 in shares or bonds of an Italian company (<strong>\u20ac250,000 if it&#8217;s an innovative start-up<\/strong>) or a \u20ac1 million donation to a project of public interest (<a href=\"https:\/\/conslondra.esteri.it\/en\/servizi-consolari-e-visti\/servizi-per-il-cittadino-straniero\/visti\/investors\/\" target=\"_blank\" rel=\"noopener\">Italian consulate in London<\/a>).<\/li>\n\n\n\n<li><strong>Hungary&#8217;s Guest Investor Programme<\/strong>, launched in July 2024: you put <strong>\u20ac250,000 into units of a real estate fund<\/strong> registered with the central bank and hold them for at least five years, or a \u20ac1 million donation to a public-trust higher-education institution. The permit runs ten years and can be extended for ten more. A planned \u20ac500,000 direct property option was dropped in December 2024 before it started (<a href=\"https:\/\/oif.gov.hu\/factsheets\/residence-permit-for-guest-investor\" target=\"_blank\" rel=\"noopener\">Hungarian immigration office, OIF<\/a>).<\/li>\n\n\n\n<li><strong>Cyprus:<\/strong> you get permanent residence for <strong>\u20ac300,000<\/strong> in one of four investments: a new house or apartment bought from a developer (a first sale, plus VAT), other real estate such as offices or shops, a Cyprus company that employs at least five people, or units of a Cyprus collective investment fund. <strong>You also need a secure income from abroad of at least \u20ac50,000 a year<\/strong>, and the investment rises with each adult child you include (\u20ac600,000 with one) (<a href=\"https:\/\/www.gov.cy\/mip-md\/en\/documents\/companies-investors-permanent-residence-3\/immigration-permits-for-investors\/\" target=\"_blank\" rel=\"noopener\">Migration Department<\/a>, criteria in force since 2 May 2023).<\/li>\n\n\n\n<li><strong>Malta&#8217;s permanent residence programme (MPRP)<\/strong> is open. Its citizenship-by-investment scheme closed after <strong>the EU Court of Justice ruled it incompatible with EU law on 29 April 2025<\/strong>. The MPRP costs \u20ac97,000 in administrative fee and government contribution before the property (bought for at least \u20ac375,000 or rented for at least \u20ac14,000 a year, and kept for five years), plus a \u20ac2,000 donation and proof of at least \u20ac500,000 in capital (<a href=\"https:\/\/residencymalta.gov.mt\/legal-framework-mprp-2\/\" target=\"_blank\" rel=\"noopener\">Residency Malta<\/a>).<\/li>\n\n\n\n<li><strong>Latvia<\/strong> abolished its property and bank-deposit routes on 15 September 2026. <strong>The company-investment route stays<\/strong>, with permits now two years instead of five, and a new \u20ac150,000 state-fund route (held for five years) was added. Existing permits run to expiry (<a href=\"https:\/\/www.fragomen.com\/insights\/latvia-wide-ranging-reforms-include-changing-temporary-residence-permit-grant-periods-ending-two-residence-by-investment-pathways.html\" target=\"_blank\" rel=\"noopener\">Fragomen<\/a>, 27 October 2026).<\/li>\n<\/ul>\n\n\n\n<h3 id=\"what-s-the-cheapest-golden-visa-in-europe\" class=\"wp-block-heading\">What&#8217;s the cheapest golden visa in Europe?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The \u20ac250,000 headline buys you four different things.<\/strong> Compare what your money becomes before you compare the number.<\/p>\n\n\n\n<div class=\"nm-dep\">\n<div class=\"nm-dc y\"><p class=\"w\">Portugal<\/p><h4>A donation you never get back<\/h4><p>\u20ac250,000 to an approved arts or heritage project, or \u20ac200,000 in a low-density area.<\/p><\/div>\n<div class=\"nm-dc\"><p class=\"w\">Italy<\/p><h4>A stake in a start-up<\/h4><p>\u20ac250,000 in an innovative Italian start-up, through the investor visa.<\/p><\/div>\n<div class=\"nm-dc\"><p class=\"w\">Hungary<\/p><h4>Fund units you hold for five years<\/h4><p>\u20ac250,000 in a real estate fund registered with the central bank.<\/p><\/div>\n<div class=\"nm-dc\"><p class=\"w\">Greece<\/p><h4>A building you must convert or restore<\/h4><p>\u20ac250,000 only for a commercial-to-residential conversion or a listed building.<\/p><\/div>\n<\/div>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"is-portugal-next-to-close-its-golden-visa\" class=\"wp-block-heading\">Is Portugal next to close its Golden Visa?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Not so far.<\/strong> The big immigration law Portugal passed in September 2026, in force since 11 September 2026, <strong>left the Golden Visa untouched<\/strong>.<sup class=\"nm-fnref\"><a href=\"#source-16\">[16]<\/a><\/sup> It was mostly about borders and asylum, bringing Portugal&#8217;s rules into line with the EU&#8217;s migration pact.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Portugal made its housing-driven cut two years before Spain did.<\/strong> On 7 October 2023, the Mais Habita\u00e7\u00e3o housing law<sup class=\"nm-fnref\"><a href=\"#source-16\">[16]<\/a><\/sup> closed the property route, the capital-transfer route and the renovation route, and barred the remaining routes from putting money into real estate even indirectly. If you already held a property Golden Visa, <strong>you could keep it and carry on renewing<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You have five routes today, and most investors use two of them:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The fund route:<\/strong> at least <strong>\u20ac500,000<\/strong> in units of a Portuguese fund that runs for five years or more, puts at least 60% into companies based in Portugal and stays out of property.<\/li>\n\n\n\n<li><strong>The cultural donation:<\/strong> <strong>\u20ac250,000<\/strong> to an approved arts or heritage project (\u20ac200,000 if the project is in a low-density area). The donation is a gift, and <strong>you don&#8217;t get it back<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The other three are rarely used: <strong>\u20ac500,000 in scientific research<\/strong> (\u20ac400,000 in a low-density area), <strong>\u20ac500,000 into a new or recapitalised Portuguese company<\/strong> that creates 5 permanent jobs, and <strong>creating 10 jobs<\/strong> (8 in a low-density area).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our <a href=\"\/portugal-golden-visa\/\">Golden Visa guide<\/a> covers the routes, the government fees and the process.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The change that did hit investors came from the nationality law.<\/strong> From 19 May 2026, citizenship takes <strong>ten years of legal residence<\/strong>, seven for EU and CPLP (Portuguese-speaking) nationals, counted from your first residence permit. Applications filed by 18 May 2026 keep the old five-year rule. What that means if you invested for the five-year passport is in our article on <a href=\"\/portugal-citizenship-10-years-golden-visa\/\">Portugal&#8217;s 10-year citizenship rule<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"573\" src=\"\/wp-content\/uploads\/2026\/11\/golden-visa-europe-break-1024x573.jpg\" alt=\"Porto riverside at golden hour with colourful houses on the hillside and wooden rabelo boats on the Douro\" class=\"wp-image-14758\" srcset=\"https:\/\/novomove.com\/wp-content\/uploads\/2026\/11\/golden-visa-europe-break-1024x573.jpg 1024w, https:\/\/novomove.com\/wp-content\/uploads\/2026\/11\/golden-visa-europe-break-300x168.jpg 300w, https:\/\/novomove.com\/wp-content\/uploads\/2026\/11\/golden-visa-europe-break-768x430.jpg 768w, https:\/\/novomove.com\/wp-content\/uploads\/2026\/11\/golden-visa-europe-break-1536x859.jpg 1536w, https:\/\/novomove.com\/wp-content\/uploads\/2026\/11\/golden-visa-europe-break-18x10.jpg 18w, https:\/\/novomove.com\/wp-content\/uploads\/2026\/11\/golden-visa-europe-break.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Illustrative image.<\/figcaption><\/figure>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"how-many-golden-visas-did-portugal-grant-in-2025\" class=\"wp-block-heading\">How many Golden Visas did Portugal grant in 2025?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Portugal granted 2,685 Golden Visas in 2025<\/strong>, the most in any year since the programme began in October 2012 and <strong>about 29% more<\/strong> than the 2,081 granted in 2024. The figures come from the 2025 annual report of AIMA, Portugal&#8217;s immigration agency, as reported by <a href=\"https:\/\/eco.sapo.pt\/2026\/09\/25\/vistos-gold-batem-recorde-em-2025-mas-aima-deixa-de-divulgar-investimento-captado\/\" target=\"_blank\" rel=\"noopener\">ECO<\/a> on 25 September 2026. They count permits granted to investors only. Family members are left out.<\/p>\n\n\n\n<div class=\"nm-bars\" role=\"figure\" aria-label=\"Portuguese Golden Visas granted to investors, 2023 to 2025, and top five nationalities in 2025\">\n<style>\n.nm-bars{font-family:inherit;margin:34px 0 38px;display:grid;grid-template-columns:1fr 1fr;gap:16px;}\n.nm-bars .nm-bc{border:1px solid #E3E7EF;border-radius:18px;padding:22px 24px;background:#fff;}\n.nm-bars .nm-k{font-size:12.5px;font-weight:700;letter-spacing:.1em;text-transform:uppercase;color:#5a6b8c;margin:0 0 16px!important;}\n.nm-bars .nm-br{display:grid;grid-template-columns:120px 1fr 56px;align-items:center;gap:10px;margin:0 0 12px;font-size:15px;color:#1B2A4A;}\n.nm-bars .nm-br:last-child{margin-bottom:0;}\n.nm-bars .nm-bt{height:22px;background:#F4F6FA;border-radius:6px;overflow:hidden;}\n.nm-bars .nm-bt i{display:block;height:100%;background:#1B2A4A;border-radius:6px;}\n.nm-bars .nm-bt i.g{background:#F5C518;}\n.nm-bars .nm-bv{font-weight:700;text-align:right;}\n.nm-bars .nm-bcap{grid-column:1\/-1;font-size:13.5px;color:#5a6b8c;margin:0!important;}\n@media(max-width:820px){.nm-bars{grid-template-columns:1fr!important;}.nm-bars .nm-br{grid-template-columns:100px 1fr 52px;}}\n<\/style>\n<div class=\"nm-bc\">\n<p class=\"nm-k\">Granted to investors, by year<\/p>\n<div class=\"nm-br\"><span>2023<\/span><span class=\"nm-bt\"><i style=\"width:77.9%\"><\/i><\/span><span class=\"nm-bv\">2,091<\/span><\/div>\n<div class=\"nm-br\"><span>2024<\/span><span class=\"nm-bt\"><i style=\"width:77.5%\"><\/i><\/span><span class=\"nm-bv\">2,081<\/span><\/div>\n<div class=\"nm-br\"><span>2025<\/span><span class=\"nm-bt\"><i class=\"g\" style=\"width:100%\"><\/i><\/span><span class=\"nm-bv\">2,685<\/span><\/div>\n<\/div>\n<div class=\"nm-bc\">\n<p class=\"nm-k\">Top five nationalities, 2025<\/p>\n<div class=\"nm-br\"><span>United States<\/span><span class=\"nm-bt\"><i class=\"g\" style=\"width:100%\"><\/i><\/span><span class=\"nm-bv\">535<\/span><\/div>\n<div class=\"nm-br\"><span>China<\/span><span class=\"nm-bt\"><i style=\"width:73.3%\"><\/i><\/span><span class=\"nm-bv\">392<\/span><\/div>\n<div class=\"nm-br\"><span>United Kingdom<\/span><span class=\"nm-bt\"><i style=\"width:47.1%\"><\/i><\/span><span class=\"nm-bv\">252<\/span><\/div>\n<div class=\"nm-br\"><span>Turkey<\/span><span class=\"nm-bt\"><i style=\"width:35.1%\"><\/i><\/span><span class=\"nm-bv\">188<\/span><\/div>\n<div class=\"nm-br\"><span>India<\/span><span class=\"nm-bt\"><i style=\"width:31.8%\"><\/i><\/span><span class=\"nm-bv\">170<\/span><\/div>\n<\/div>\n<p class=\"nm-bcap\">Source: AIMA&#8217;s 2025 report, via ECO, 25 September 2026. Investors only, family members not counted.<\/p>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Running totals:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>12,718 Golden Visas and \u20ac6,451 million<\/strong> in investment from October 2012 to September 2023, under the old border agency, SEF.<\/li>\n\n\n\n<li><strong>5,536 more granted since then<\/strong>, taking the total to <strong>18,254<\/strong> through AIMA&#8217;s 2025 report.<\/li>\n\n\n\n<li><strong>AIMA no longer publishes how much money the programme brings in<\/strong>, so SEF&#8217;s \u20ac6,451 million is the most recent official total.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Don&#8217;t read 2,685 as 2025 demand.<\/strong> AIMA grants a permit when it gets to the file, and most of the 2,685 had applied a year or two earlier. So the record says more about AIMA working through its queue than about who applied in 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you apply now, you join thousands of investor applications still waiting. How long the files we analysed took, with dates, is in our article on <a href=\"\/portugal-golden-visa-processing-time\/\">Golden Visa processing times<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Money is also moving the other way.<\/strong> Between January and May 2026, investors redeemed <strong>\u20ac94.7 million<\/strong> from Golden Visa-eligible funds, nine times the figure for the same months of 2025, while <strong>\u20ac283 million<\/strong> of new money came in, about three times as much (ECO, 26 June 2026, citing the fund managers&#8217; association APFIPP).<\/p>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"what-does-portugal-s-golden-visa-still-give-you\" class=\"wp-block-heading\">What does Portugal&#8217;s Golden Visa still give you?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A residence permit for you and your family that you keep by spending 7 days in Portugal in the first year, then 14 days in each later two-year period.<\/strong><\/p>\n\n\n\n<div class=\"nm-acc\" role=\"figure\" aria-label=\"What Portugal's Golden Visa gives you in 2026\">\n<style>\n.nm-acc{margin:28px 0;font-family:inherit;}\n.nm-acc .nm-acc-grid{display:grid;grid-template-columns:repeat(3,1fr);gap:16px;}\n.nm-acc .nm-acc-card{background:#F4F6FA;border:1px solid #E3E7EF;border-radius:16px;padding:20px 20px 18px;}\n.nm-acc .nm-acc-card.nm-acc-both{background:#1B2A4A;border-color:#1B2A4A;color:#fff;}\n.nm-acc .nm-acc-tag{display:inline-block;font-size:12px;font-weight:700;letter-spacing:.06em;text-transform:uppercase;padding:5px 11px;border-radius:999px;background:#E3E7EF;color:#1B2A4A;margin:0 0 12px;}\n.nm-acc .nm-acc-both .nm-acc-tag{background:#F5C518;color:#1B2A4A;}\n.nm-acc h4{font-size:19px;line-height:1.3;margin:0 0 6px;color:#1B2A4A;font-family:inherit;}\n.nm-acc .nm-acc-both h4{color:#fff;}\n.nm-acc .nm-acc-holds{font-size:15px;line-height:1.5;margin:0 0 12px;color:#5a6b8c;}\n.nm-acc .nm-acc-both .nm-acc-holds{color:rgba(255,255,255,.8);}\n.nm-acc ul{list-style:none;margin:0;padding:0;}\n.nm-acc li{font-size:15px;line-height:1.5;margin:0 0 7px;padding-left:26px;position:relative;color:#1B2A4A;}\n.nm-acc .nm-acc-both li{color:#fff;}\n.nm-acc li:before{position:absolute;left:0;top:0;font-weight:700;}\n.nm-acc li.y:before{content:\"\u2713\";color:#00B67A;}\n.nm-acc li.n:before{content:\"\u2715\";color:#C0392B;}\n.nm-acc .nm-acc-both li.y:before{color:#F5C518;}\n.nm-acc .nm-acc-flow{display:flex;flex-wrap:wrap;align-items:center;gap:8px;margin:18px 0 0;padding:16px 18px;border:1px dashed #C9D0DC;border-radius:14px;font-size:14.5px;line-height:1.4;color:#1B2A4A;}\n.nm-acc .nm-acc-step{background:#fff;border:1px solid #E3E7EF;border-radius:10px;padding:7px 11px;}\n.nm-acc .nm-acc-arrow{color:#F5C518;font-weight:700;}\n.nm-acc .nm-acc-cap{font-size:13.5px;color:#5a6b8c;margin:10px 0 0;}\n@media(max-width:820px){.nm-acc .nm-acc-grid{grid-template-columns:1fr!important;}}\n<\/style>\n<div class=\"nm-acc-grid\">\n<div class=\"nm-acc-card nm-acc-both\">\n<span class=\"nm-acc-tag\">You still get<\/span>\n<h4>A second base for your family<\/h4>\n<p class=\"nm-acc-holds\">With very little time in Portugal.<\/p>\n<ul>\n<li class=\"y\">You need 7 days in year one, then 14 every two years<\/li>\n<li class=\"y\">Your spouse and children apply with you<\/li>\n<li class=\"y\">You can get permanent residence at year 5<\/li>\n<li class=\"y\">You don&#8217;t have to become tax resident<\/li>\n<\/ul>\n<\/div>\n<div class=\"nm-acc-card\">\n<span class=\"nm-acc-tag\">You no longer get<\/span>\n<h4>The old shortcuts<\/h4>\n<p class=\"nm-acc-holds\">Since 2023 and 2026.<\/p>\n<ul>\n<li class=\"n\">You can&#8217;t get a passport in five years<\/li>\n<li class=\"n\">You can&#8217;t qualify by buying a home<\/li>\n<\/ul>\n<\/div>\n<div class=\"nm-acc-card\">\n<span class=\"nm-acc-tag\">If you&#8217;ll live here<\/span>\n<h4>A regular visa may fit you better<\/h4>\n<p class=\"nm-acc-holds\">D7, D8 or D2.<\/p>\n<ul>\n<li class=\"y\">D7 if you live on passive income<\/li>\n<li class=\"y\">D8 if you work remotely for clients abroad<\/li>\n<li class=\"y\">D2 if you start a business here<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>That presence rule is the stay requirement in full.<\/strong> The absence limits that apply to other Portuguese permits don&#8217;t apply to you as a Golden Visa holder, which our partner lawyer confirmed on 30 October 2026.<\/li>\n\n\n\n<li><strong>You don&#8217;t have to become Portuguese tax resident.<\/strong> Nothing in the rules requires it.<\/li>\n\n\n\n<li><strong>You can make short trips around the Schengen area<\/strong> on the card.<\/li>\n\n\n\n<li><strong>Your family comes with you.<\/strong> Your spouse and children apply alongside you, with no waiting period, and a parent can be included in the family.<\/li>\n\n\n\n<li><strong>You can get permanent residence at five years<\/strong>, with basic Portuguese (A2). You then choose between a permanent Golden Visa card, which can&#8217;t be cancelled because you live abroad, and ordinary permanent residence, which costs far less but expects you to live here, with tax residence after 183 days and the normal absence limits (both confirmed by our partner lawyer on 30 October 2026).<\/li>\n\n\n\n<li><strong>You can apply for citizenship after ten years<\/strong> of legal residence, seven for EU and CPLP nationals. On the text of the nationality law, Golden Visa years count as legal residence.<\/li>\n<\/ul>\n\n\n\n<h3 id=\"who-is-portugal-s-golden-visa-still-for\" class=\"wp-block-heading\">Who is Portugal&#8217;s Golden Visa still for?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>If you want a second base in Europe for your family<\/strong>, without moving your life or your taxes, and you&#8217;re happy to think ten years ahead, it still does that job.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>If your plan was a passport in five years, that&#8217;s gone.<\/strong> It&#8217;s ten years now, counted from your first permit.<\/li>\n\n\n\n<li><strong>If you wanted to buy a home and get residency with it<\/strong>, Portugal closed that route in October 2023. Greece and Cyprus still have a property route, at the minimums above.<\/li>\n\n\n\n<li><strong>If you actually want to live in Portugal, a regular visa usually fits you better<\/strong>: the D7 if you live on passive income such as a pension or dividends, the D8 if you work remotely and are paid from abroad, the D2 if you&#8217;re starting a business here. Our <a href=\"\/d7-vs-d8-vs-d2-visa-portugal\/\">D7 vs D8 vs D2 comparison<\/a> sets the three side by side.<\/li>\n<\/ul>\n\n\n\n<div class=\"nm-cta\">\n<style>\n.nm-cta{background:#1B2A4A;border-radius:20px;overflow:hidden;color:#fff;box-shadow:0 24px 60px rgba(10,15,30,.18);margin:40px 0;font-family:inherit;}\n.nm-cta img{width:100%;aspect-ratio:16\/9;object-fit:cover;display:block;margin:0;}\n.nm-cta .nm-cta-body{padding:38px;}\n.nm-cta .nm-cta-pill{display:inline-block;background:#F5C518;color:#1B2A4A;border-radius:999px;padding:6px 14px;font-size:13px;font-weight:700;}\n.nm-cta p{font-size:17px;line-height:1.65;color:rgba(255,255,255,.86);margin:18px 0 22px;}\n.nm-cta p a{color:#F5C518;text-decoration:underline;text-underline-offset:3px;}\n.nm-cta .nm-cta-btns{display:flex;flex-wrap:wrap;gap:12px;}\n.nm-cta .nm-btn-p{display:inline-flex;align-items:center;background:#F5C518;color:#1B2A4A !important;padding:14px 24px;border-radius:12px;font-weight:700;font-size:16px;text-decoration:none;}\n.nm-cta .nm-btn-p:hover{background:#E3B30C;}\n.nm-cta .nm-btn-s{display:inline-flex;align-items:center;color:#fff !important;border:1px solid rgba(255,255,255,.4);padding:14px 24px;border-radius:12px;font-weight:700;font-size:16px;text-decoration:none;}\n.nm-cta .nm-btn-s:hover{background:#fff;color:#1B2A4A !important;}\n@media (max-width:640px){.nm-cta .nm-cta-body{padding:26px 22px;}}\n<\/style>\n<img decoding=\"async\" src=\"\/wp-content\/uploads\/2026\/07\/cta-miradouro.png\" alt=\"A miradouro view over Lisbon rooftops at golden hour\">\n<div class=\"nm-cta-body\">\n<span class=\"nm-cta-pill\">Portugal on your shortlist?<\/span>\n<p>If Portugal is on your shortlist, our Golden Visa page covers the routes, the fees and the process, and it&#8217;s where the Golden Visa package begins. If you&#8217;d rather talk it through first, book a free 15-minute call and we&#8217;ll go through whether the Golden Visa or a regular visa fits your situation.<\/p>\n<div class=\"nm-cta-btns\">\n<a class=\"nm-btn-p\" href=\"\/portugal-golden-visa\/\">See the Golden Visa package<\/a>\n<a class=\"nm-btn-s\" href=\"\/free-consultation\/\">Book a free 15-minute call<\/a>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"frequently-asked-questions\" class=\"wp-block-heading\">Frequently asked questions<\/h2>\n\n\n\n<h3 id=\"is-portugal-closing-its-golden-visa\" class=\"wp-block-heading\">Is Portugal closing its Golden Visa?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No. <strong>Portugal&#8217;s September 2026 immigration law left the Golden Visa untouched.<\/strong> All five routes are open, including the fund route and the cultural donation. What changed in 2026 was citizenship, which now takes ten years.<\/p>\n\n\n\n<h3 id=\"which-european-golden-visas-have-closed\" class=\"wp-block-heading\">Which European golden visas have closed?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Four: the UK on 17 February 2022, Ireland on 15 February 2023, the Netherlands on 17 April 2024 and Spain on 3 April 2025.<\/strong> Latvia also abolished its property and bank-deposit routes on 15 September 2026, but kept its company route.<\/p>\n\n\n\n<h3 id=\"did-spain-s-golden-visa-end\" class=\"wp-block-heading\">Did Spain&#8217;s golden visa end?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. <strong>Spain repealed its investor residence visas on 3 April 2025<\/strong>, the day its new law came into force. The government cited the right to housing. If you work remotely, Spain&#8217;s <a href=\"\/spain-digital-nomad-visa\/\">digital nomad visa<\/a> is still open.<\/p>\n\n\n\n<h3 id=\"can-i-still-get-a-golden-visa-in-europe-by-buying-property\" class=\"wp-block-heading\">Can I still get a golden visa in Europe by buying property?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, <strong>in Greece and Cyprus<\/strong>. Greece needs \u20ac800,000 in Athens, Thessaloniki, Mykonos, Santorini and the larger islands, and \u20ac400,000 elsewhere. Cyprus grants permanent residence from \u20ac300,000. Portugal closed its property route on 7 October 2023.<\/p>\n\n\n\n<h3 id=\"what-s-the-cheapest-golden-visa-in-europe\" class=\"wp-block-heading\">What&#8217;s the cheapest golden visa in Europe?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The \u20ac250,000 headline buys you different things in different countries.<\/strong> In Portugal it&#8217;s a donation you don&#8217;t get back, in Italy a stake in a start-up, in Hungary fund units you hold for five years, and in Greece a building you must convert or restore. Compare what your money becomes before you compare the number.<\/p>\n\n\n\n<h3 id=\"can-i-rent-out-my-greek-golden-visa-property\" class=\"wp-block-heading\">Can I rent out my Greek golden visa property?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Long-term, yes. Short-term, no.<\/strong> If you let it for under 60 days at a time, you can lose the permit, and the owner faces a \u20ac50,000 fine, as the Migration Minister warned on 15 October 2026.<\/p>\n\n\n\n<h3 id=\"is-italy-bringing-in-an-exit-tax\" class=\"wp-block-heading\">Is Italy bringing in an exit tax?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>It&#8217;s a draft as of 3 November 2026.<\/strong> Italy&#8217;s draft 2027 budget would tax unrealised gains if you leave with \u20ac800,000 or more in financial investments after six of the last ten years as a resident, at Italy&#8217;s ordinary rates (26% on shares and funds), when your loss of residence takes effect from 1 January 2027. If you lived there for most of 2026, leaving in late 2026 doesn&#8217;t avoid it. Parliament can amend it before it usually approves the budget at the end of December.<\/p>\n\n\n\n<h3 id=\"does-malta-still-sell-citizenship\" class=\"wp-block-heading\">Does Malta still sell citizenship?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No. <strong>The EU Court of Justice ruled Malta&#8217;s citizenship-by-investment scheme incompatible with EU law on 29 April 2025.<\/strong> Malta&#8217;s permanent residence programme (MPRP) is still open.<\/p>\n\n\n\n<h3 id=\"how-many-golden-visas-did-portugal-grant-in-2025\" class=\"wp-block-heading\">How many Golden Visas did Portugal grant in 2025?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2,685<\/strong>, a record and about 29% more than in 2024. Most of those investors had applied a year or two earlier, so the number reflects AIMA working through its queue.<\/p>\n\n\n\n<h3 id=\"which-nationalities-get-the-most-portuguese-golden-visas\" class=\"wp-block-heading\">Which nationalities get the most Portuguese Golden Visas?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In 2025: the United States (535), China (392), the United Kingdom (252), Turkey (188) and India (170)<\/strong>, from AIMA&#8217;s 2025 report as reported by ECO.<\/p>\n\n\n\n<h3 id=\"how-long-does-it-take-to-get-portuguese-citizenship-on-a-gol\" class=\"wp-block-heading\">How long does it take to get Portuguese citizenship on a Golden Visa?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ten years of legal residence, or seven if you&#8217;re an EU or CPLP national<\/strong>, counted from your first residence permit. That&#8217;s been the rule since 19 May 2026. Applications filed by 18 May 2026 keep the old five-year rule.<\/p>\n\n\n\n<h3 id=\"how-much-time-do-i-have-to-spend-in-portugal-on-a-golden-vis\" class=\"wp-block-heading\">How much time do I have to spend in Portugal on a Golden Visa?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7 days in the first year, then 14 days in each later two-year period.<\/strong> You don&#8217;t have to become Portuguese tax resident, and you can make short trips around the Schengen area on the card.<\/p>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 id=\"sources-and-how-we-checked\" class=\"wp-block-heading\">Sources and how we checked<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Dates are when rules took effect. We checked every line on the date shown at the top of this post.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li id=\"source-1\"><strong>UK:<\/strong> <a href=\"https:\/\/www.gov.uk\/government\/news\/tier-1-investor-visa-route-closes-over-security-concerns\" target=\"_blank\" rel=\"noopener\">Home Office press release, 17 February 2022<\/a>.<\/li>\n\n\n\n<li id=\"source-2\"><strong>Ireland:<\/strong> <a href=\"https:\/\/www.irishimmigration.ie\/minister-harris-announces-closure-of-the-immigrant-investor-programme\/\" target=\"_blank\" rel=\"noopener\">Irish Immigration Service notice, 14 February 2023<\/a>.<\/li>\n\n\n\n<li id=\"source-3\"><strong>Netherlands:<\/strong> <a href=\"https:\/\/zoek.officielebekendmakingen.nl\/stcrt-2024-13488.pdf\" target=\"_blank\" rel=\"noopener\">Staatscourant 2024, nr. 13488, 26 April 2024<\/a> (the official notice ending the policy on 17 April 2024).<\/li>\n\n\n\n<li id=\"source-4\"><strong>Spain:<\/strong> <a href=\"https:\/\/www.lamoncloa.gob.es\/serviciosdeprensa\/notasprensa\/vivienda-agenda-urbana\/Paginas\/2025\/020425-fin-golden-visa.aspx\" target=\"_blank\" rel=\"noopener\">La Moncloa press release, 2 April 2025<\/a>; <a href=\"https:\/\/www.boe.es\/buscar\/act.php?id=BOE-A-2025-76\" target=\"_blank\" rel=\"noopener\">Ley Org\u00e1nica 1\/2025<\/a>.<\/li>\n\n\n\n<li id=\"source-5\"><strong>Greece, tiers:<\/strong> <a href=\"https:\/\/newsletters.enterprisegreece.gov.gr\/newsletter-articles\/greece-adjusts-golden-visa-program-amid-rising-outlook-for-property-market\/\" target=\"_blank\" rel=\"noopener\">Enterprise Greece newsletter, April 2024<\/a>.<\/li>\n\n\n\n<li id=\"source-6\"><strong>Greece, warning:<\/strong> <a href=\"https:\/\/greekcitytimes.com\/2026\/10\/26\/greece-golden-visa-hidden-rebates-short-term-rentals\" target=\"_blank\" rel=\"noopener\">Greek City Times, 26 October 2026<\/a>.<\/li>\n\n\n\n<li id=\"source-7\"><strong>Greece, transition:<\/strong> <a href=\"https:\/\/investmentmigration.org\/?p=30229\" target=\"_blank\" rel=\"noopener\">Investment Migration Council, 2 July 2024<\/a>.<\/li>\n\n\n\n<li id=\"source-8\"><strong>Greece, amendment:<\/strong> <a href=\"https:\/\/www.imidaily.com\/europe\/greeces-main-opposition-party-proposes-ending-the-real-estate-golden-visa\/\" target=\"_blank\" rel=\"noopener\">IMI Daily, 7 October 2026<\/a>; <a href=\"https:\/\/www.tovima.com\/politics\/androulakis-slams-mitsotakis-housing-plan-urges-golden-visa-halt\/\" target=\"_blank\" rel=\"noopener\">To Vima, 7 October 2026<\/a>.<\/li>\n\n\n\n<li id=\"source-9\"><strong>Italy, flat tax:<\/strong> <a href=\"https:\/\/www.agenziaentrate.gov.it\/portale\/schede\/agevolazioni\/opzione-per-i-neo-residenti\/infogen-opzionale-neo-residenti\" target=\"_blank\" rel=\"noopener\">Agenzia delle Entrate, updated 16 January 2026<\/a>.<\/li>\n\n\n\n<li id=\"source-10\"><strong>Italy, draft budget:<\/strong> <a href=\"https:\/\/www.ilfattoquotidiano.it\/2026\/10\/30\/legge-bilancio-2027-irpef-exit-tax-pensioni-notizie\/8556091\/\" target=\"_blank\" rel=\"noopener\">Il Fatto Quotidiano, 30 October 2026<\/a>; <a href=\"https:\/\/www.imidaily.com\/europe\/italy-budget-bill-proposes-26-exit-tax-on-residents-leaving-with-e800000-or-more\/\" target=\"_blank\" rel=\"noopener\">IMI Daily, 31 October 2026<\/a>.<\/li>\n\n\n\n<li id=\"source-11\"><strong>Italy, investor visa:<\/strong> <a href=\"https:\/\/conslondra.esteri.it\/en\/servizi-consolari-e-visti\/servizi-per-il-cittadino-straniero\/visti\/investors\/\" target=\"_blank\" rel=\"noopener\">Consulate General of Italy in London<\/a>.<\/li>\n\n\n\n<li id=\"source-12\"><strong>Hungary:<\/strong> <a href=\"https:\/\/oif.gov.hu\/factsheets\/residence-permit-for-guest-investor\" target=\"_blank\" rel=\"noopener\">immigration office (OIF) factsheet, 3 March 2026<\/a>.<\/li>\n\n\n\n<li id=\"source-13\"><strong>Cyprus:<\/strong> <a href=\"https:\/\/www.gov.cy\/mip-md\/en\/documents\/companies-investors-permanent-residence-3\/immigration-permits-for-investors\/\" target=\"_blank\" rel=\"noopener\">Migration Department, &#8220;Immigration Permits for Investors&#8221;, 4th revision, in force 2 May 2023<\/a>.<\/li>\n\n\n\n<li id=\"source-14\"><strong>Malta:<\/strong> <a href=\"https:\/\/residencymalta.gov.mt\/legal-framework-mprp-2\/\" target=\"_blank\" rel=\"noopener\">Residency Malta Agency<\/a>; Court of Justice of the EU, 29 April 2025.<\/li>\n\n\n\n<li id=\"source-15\"><strong>Latvia:<\/strong> <a href=\"https:\/\/www.fragomen.com\/insights\/latvia-wide-ranging-reforms-include-changing-temporary-residence-permit-grant-periods-ending-two-residence-by-investment-pathways.html\" target=\"_blank\" rel=\"noopener\">Fragomen, 27 October 2026<\/a>.<\/li>\n\n\n\n<li id=\"source-16\"><strong>Portugal, law:<\/strong> <a href=\"https:\/\/diariodarepublica.pt\/dr\/detalhe\/lei\/56-2023-222477692\" target=\"_blank\" rel=\"noopener\">Lei 56\/2023<\/a>, <a href=\"https:\/\/diariodarepublica.pt\/dr\/detalhe\/lei\/62-2026-1168979170\" target=\"_blank\" rel=\"noopener\">Lei 62\/2026<\/a> and <a href=\"https:\/\/diariodarepublica.pt\/dr\/legislacao-consolidada\/lei\/1981-34536975\" target=\"_blank\" rel=\"noopener\">Lei 37\/81 as amended by LO 1\/2026<\/a>, read 29 October 2026; our partner lawyer, 30 October 2026.<\/li>\n\n\n\n<li id=\"source-17\"><strong>Portugal, statistics:<\/strong> <a href=\"https:\/\/eco.sapo.pt\/2026\/09\/25\/vistos-gold-batem-recorde-em-2025-mas-aima-deixa-de-divulgar-investimento-captado\/\" target=\"_blank\" rel=\"noopener\">ECO, 25 September 2026<\/a> and <a href=\"https:\/\/eco.sapo.pt\/2026\/06\/26\/resgates-em-fundos-elegiveis-para-vistos-gold-disparam-ate-maio\/\" target=\"_blank\" rel=\"noopener\">ECO, 26 June 2026<\/a>.<\/li>\n<\/ol>\n\n\n\n<style>\n.entry-content sup.nm-fnref{font-size:.72em;line-height:0;vertical-align:super;margin-left:2px;}\n.entry-content sup.nm-fnref a{color:#1a5fb4;text-decoration:none;font-weight:600;}\n.entry-content sup.nm-fnref a:hover{text-decoration:underline;}\n.entry-content li[id^=\"source-\"]{scroll-margin-top:110px;}\n.entry-content li[id^=\"source-\"]:target{background:#FFFBF0;}\n<\/style>\n\n\n\n<script type=\"application\/ld+json\">\n{\"@context\": \"https:\/\/schema.org\", \"@type\": \"FAQPage\", \"mainEntity\": [{\"@type\": \"Question\", \"name\": \"Is Portugal closing its Golden Visa?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"No. Portugal's September 2026 immigration law left the Golden Visa untouched. All five routes are open, including the fund route and the cultural donation. What changed in 2026 was citizenship, which now takes ten years.\"}}, {\"@type\": \"Question\", \"name\": \"Which European golden visas have closed?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Four: the UK on 17 February 2022, Ireland on 15 February 2023, the Netherlands on 17 April 2024 and Spain on 3 April 2025. Latvia also abolished its property and bank-deposit routes on 15 September 2026, but kept its company route.\"}}, {\"@type\": \"Question\", \"name\": \"Did Spain's golden visa end?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Yes. Spain repealed its investor residence visas on 3 April 2025, the day its new law came into force. The government cited the right to housing.\"}}, {\"@type\": \"Question\", \"name\": \"Can I still get a golden visa in Europe by buying property?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Yes, in Greece and Cyprus. Greece needs \u20ac800,000 in Athens, Thessaloniki, Mykonos, Santorini and the larger islands, and \u20ac400,000 elsewhere. Cyprus grants permanent residence from \u20ac300,000. Portugal closed its property route on 7 October 2023.\"}}, {\"@type\": \"Question\", \"name\": \"What's the cheapest golden visa in Europe?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"The \u20ac250,000 headline buys you different things in different countries. In Portugal it's a donation you don't get back, in Italy a stake in a start-up, in Hungary fund units you hold for five years, and in Greece a building you must convert or restore. Compare what your money becomes before you compare the number.\"}}, {\"@type\": \"Question\", \"name\": \"Can I rent out my Greek golden visa property?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Long-term, yes. Short-term, no. If you let it for under 60 days at a time, you can lose the permit, and the owner faces a \u20ac50,000 fine, as the Migration Minister warned on 15 October 2026.\"}}, {\"@type\": \"Question\", \"name\": \"Is Italy bringing in an exit tax?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"It's a draft as of 3 November 2026. Italy's draft 2027 budget would tax unrealised gains if you leave with \u20ac800,000 or more in financial investments after six of the last ten years as a resident, at Italy's ordinary rates (26% on shares and funds), when your loss of residence takes effect from 1 January 2027. If you lived there for most of 2026, leaving in late 2026 doesn't avoid it. Parliament can amend it before it usually approves the budget at the end of December.\"}}, {\"@type\": \"Question\", \"name\": \"Does Malta still sell citizenship?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"No. The EU Court of Justice ruled Malta's citizenship-by-investment scheme incompatible with EU law on 29 April 2025. Malta's permanent residence programme (MPRP) is still open.\"}}, {\"@type\": \"Question\", \"name\": \"How many Golden Visas did Portugal grant in 2025?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"2,685, a record and about 29% more than in 2024. Most of those investors had applied a year or two earlier, so the number reflects AIMA working through its queue.\"}}, {\"@type\": \"Question\", \"name\": \"Which nationalities get the most Portuguese Golden Visas?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"In 2025: the United States (535), China (392), the United Kingdom (252), Turkey (188) and India (170), from AIMA's 2025 report as reported by ECO.\"}}, {\"@type\": \"Question\", \"name\": \"How long does it take to get Portuguese citizenship on a Golden Visa?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Ten years of legal residence, or seven if you're an EU or CPLP national, counted from your first residence permit. That's been the rule since 19 May 2026. Applications filed by 18 May 2026 keep the old five-year rule.\"}}, {\"@type\": \"Question\", \"name\": \"How much time do I have to spend in Portugal on a Golden Visa?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"7 days in the first year, then 14 days in each later two-year period. You don't have to become Portuguese tax resident, and you can make short trips around the Schengen area on the card.\"}}]}\n<\/script>\n\n","protected":false},"excerpt":{"rendered":"<p>As of 3 Nov 2026: 4 European golden visas closed, 6 still open. Dates and sources per country, what Greece and Italy changed, where Portugal stands.<\/p>","protected":false},"author":1,"featured_media":14757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[44],"tags":[],"class_list":["post-14763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guides"],"_links":{"self":[{"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/posts\/14763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/comments?post=14763"}],"version-history":[{"count":0,"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/posts\/14763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/media\/14757"}],"wp:attachment":[{"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/media?parent=14763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/categories?post=14763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/novomove.com\/pt\/wp-json\/wp\/v2\/tags?post=14763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}