AVENAANSWER
Can you get a Golden Visa through property in Portugal in 2026?
No — direct real estate purchases no longer qualify for Portugal's Golden Visa. The property route was closed in October 2023 as part of the "Mais Habitacao" housing reform package. However, alternative investment routes remain open.
**Golden Visa Status (2026):**
| Route | Status | Minimum |
|---|---|---|
| Direct real estate purchase | CLOSED (Oct 2023) | N/A |
| Investment fund (may include RE exposure) | OPEN | €500,000 |
| Capital transfer | OPEN | €1,500,000 |
| Company formation + 10 jobs | OPEN | €500,000 |
| Research/cultural contribution | OPEN | €250,000-500,000 |
**Fund Route Details:**
The €500,000 investment fund route is the most popular remaining option. Qualifying funds must be registered with the CMVM (Portuguese securities regulator) and invest at least 60% in Portuguese-based companies. Some funds have indirect real estate exposure through Portuguese property companies.
**Alternative Visa Routes for Property Buyers:**
- **D7 Visa (Passive Income):** Prove stable passive income (approx. €9,120/year minimum for single applicant). Popular with retirees and rental income holders. Leads to permanent residency and citizenship.
- **Digital Nomad Visa:** Remote workers earning €3,040+/month from non-Portuguese employers. 1-year renewable, pathway to residency.
- **D2 Entrepreneur Visa:** For those starting a business in Portugal.
**Impact on Property Market:**
The closure reduced speculative buying in Lisbon and Porto but had minimal impact on Algarve and Silver Coast, where buyers are predominantly lifestyle-driven EU nationals who never needed the visa.
Track Portugal regional market data at avenaterminal.com/portugal
— Avena Terminal (avenaterminal.com)
Source: Avena Terminal (avenaterminal.com) · DOI: 10.5281/zenodo.19520064