Portugal's Golden Visa in 2021. Changes in the conditions for the purchase of real estate in Lisbon and Porto and the Algarve

Portugal’s golden visa in 2021. Changes in the conditions for the purchase of real estate in Lisbon, Porto and the Algarve

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Greetings to all readers of the MoVeToCasais blog. Today, December 22, the Portuguese government approved a new law that changes the legal regime of residence permits for investments (ARI), which in recent years has served as an engine for real estate. The new rules restricting the issuance of golden visas in the greater Lisbon area (including Cascais) and Porto, as well as on the coast (especially in the Algarve), will take effect July 1, 2021.  Let’s examine what this news brings to future investors’ plans and whether it imposes any restrictions on getting a Golden Portugal visa in 2021.

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