As per the Portugal Golden Visa latest news by AIMA (Agency for Integration, Migration, and Asylum), a record number of 4978 Portugal Golden Visas were issued during the 2024 year for main applicants and their family members. This is a massive 72% rise from the previous year. The previous record was for 2017, when 4029 Golden Visa permits were issued.
This shows the commitment of the current government to attract Foreign Direct Investment by offering Portugal Residency by Investment. Portugal Golden Visa Investment ranges from €250,000 to €500,000. The demand for Portugal Golden Visa by investment is on the rise, especially after Spain closed its Golden Visa program while some other European countries enforced strict rules for investors.
The flexible stay requirements of 7 days a year, citizenship qualification after just 5 years, high return on investment, increasing real estate value, and being one of the safest countries in the world make Portugal the best choice for millionaires seeking a Plan B. On top of all, the Non-Habitual Tax Regime of Portugal is yet another key highlight that exempts global income and a flat tax rate of 20% for Portugal residents.