On January 1, 2022, several changes to the Golden Visa regime will come into force, increasing, in certain eligible investments, their minimum value and restricting the territory where the acquisition of real estate for housing confers the right to a residence permit for investment.

Thus, in relation to the quantitative limits, the following changes will be made:

I. Investment by capital transfer: went from 1 million to 1.5 million;

Ii. Investment in research activities: went from €350,000.00 to €500,000;

Iii. Investment by acquisition of participations in funds: went from €350,000.00 to €500,000;

Iv. Investment in the constitution or capitalization of companies with the creation or maintenance of jobs: it went from €350,000.00 to €500,000.

In turn, the properties acquired for housing (including those intended to carry out rehabilitation works) only confer the right to residence permit for investment if located in the Autonomous Regions (of Madeira and the Azores) and in the territories of the interior, identified in the annex to Ordinance No. 208/2017, of June 13, which proceeds to the limitation of the territorial areas. Thus, the acquisitions of real estate in almost the entire coast, namely in Lisbon and Porto, are no longer covered.