Portugal’s Golden Visa program continues to evolve following a revamp in 2023, signaling a significant shift in its investment landscape. The removal of real estate-linked investment categories has reshaped the program’s offerings, but experts anticipate heightened interest and application volumes in the coming year.
The focal point of the Golden Visa program now rests on investment funds, which emerge as the preferred choice for most applicants. This shift marks a substantial change in the program’s dynamics.
Expectations point towards a surge in the variety and availability of investment funds tailored to Golden Visa applicants. This shift will cater to both fund-oriented investors and those with a penchant for real estate investments, ensuring a more diversified and dynamic investment landscape.
Previously, real estate dominated Golden Visa investments due to its perceived low-risk nature. However, with the program’s new regulations prohibiting real estate investments, fund management companies are adapting their strategies to offer alternative investment avenues.
This adaptation includes a focus on high-potential assets like distressed hospitality properties, traditional expansion opportunities within the EU market, and even unconventional assets like classic cars or fine art. These changes provide investors with a broader range of investment options under the Golden Visa program, promising unique and potentially lucrative opportunities in the world’s premier residence by investment program.