What is the status of the Golden Visa?

For many years the Golden Visa scheme was most popular amongst expats as a vehicle to enter Europa through a Portuguese citizenship by using a real estate investment. This scheme has been questioned by the European Union for several years and eventually they pressured Portugal to make changes to the Golden Visa regulations.

This resulted in new laws since July 2023 and and the option to request a Golden Visa through the purchase of real estate in Portugal is ended. People who already have a Golden Visa approved ca still hold on to that.

Ask WESTMARK estate agency for advice when you currently are in the possession of a Golden Visa, based upon your investment in your current property, and you are looking to sell now!

Selling your property that was bought as part of your Golden Visa investment, can have serious consequences for your Golden Visa status. WESTMARK is experienced in selling houses that belong to Golden Visa holders and we know how to deal with these situations.

We also have some really good financials, fiscal advisors and legal advisors who can help you in these situations.