What is new in Portugal Golden Visa Program for 2025
Portugal’s Golden Visa program has long been a gateway for non-EU investors seeking residency in one of Europe’s most vibrant countries. As we navigate through 2025, it’s essential to understand the recent transformations that have reshaped this investment landscape.
Phasing Out Real Estate Investments
In October 2023, the Portuguese government implemented significant changes to the Golden Visa program, notably eliminating real estate investments as a qualifying criterion. This move, part of the “Mais Habitação” (More Housing) initiative, aimed to address housing affordability concerns by reducing foreign demand in the property market.

Exploring Alternative Investment Avenues
Despite the removal of the real estate pathway, the Golden Visa program remains active, offering several alternative investment options:
• Venture Capital Fund Investment: Invest a minimum of €500,000 in venture capital or private equity funds dedicated to Portuguese companies.
• Donation to Arts or Cultural Heritage: Contribute at least €250,000 to support the preservation of national cultural heritage or artistic production.
• Donation to Scientific or Technological Research: Invest €500,000 or more in research activities conducted by public or private scientific research institutions.
• Company Formation and Job Creation: Invest €500,000 combined with the creation of at least five permanent jobs, or create ten jobs without a capital requirement.
Pasportugal: Your Trusted Partner in Golden Visa Investments
At Pasportugal, we specialize in guiding investors through the available Golden Visa options in Portugal. Our tailored solutions are designed to meet diverse needs, focusing on investments that offer minimal risk, high liquidity, and better control over your capital.
Our team of experts is dedicated to providing personalized support throughout your investment journey, ensuring compliance with the latest regulations and aligning with your financial goals.

A Unique Path to Citizenship

One of the standout features of Portugal’s Golden Visa program is its pathway to citizenship without the need for continuous physical residence. Applicants are required to spend only seven days in Portugal during the first year and 14 days in each subsequent two-year period. After five years of maintaining the investment and meeting the stay requirements, investors become eligible to apply for Portuguese citizenship, offering a unique opportunity among European nations.
Recent legislative updates have further enhanced this pathway. Previously, the five-year residency period required for citizenship eligibility began only after the issuance of the residence permit, which could be delayed due to processing times. Now, this period starts from the date of your Golden Visa application submission. This advancement means that the countdown to citizenship begins earlier, potentially reducing the overall time to obtain citizenship by one to two years.
This change provides greater peace of mind for investors concerned about processing durations, as it ensures that the path to citizenship is not unduly prolonged by administrative procedures. At Pasportugal, we stay abreast of such developments to offer our clients the most current and advantageous guidance on their journey toward Portuguese citizenship.
While the removal of real estate investments marks a significant shift, Portugal’s Golden Visa program continues to offer diverse opportunities for investors. By focusing on sectors that drive economic growth and innovation, the program aligns with Portugal’s broader development goals. Prospective applicants should stay informed about the latest developments and consider consulting with legal experts to navigate the evolving landscape effectively.