Here’s the official summary of the changes (in English):
Or you can check out the full decree (in Portuguese).
From what I understand these are the main changes:
- Real estate investments will only qualify if located in the interior of mainland Portugal (defined here on page 2-4), on Madeira, or the Azores.
- The minimum investment for capital transfer increases from €1 million to €1.5 million
- The fund investment minimum increases from €350K to €500K
- The same goes for capital transfer for R&D and company incorporation
The creation of at least 10 jobs option and the art investment option (€250K) are not affected by the changes.
So if you’d like to invest in real estate along the coast, in Lisbon, or Porto you have until the end of the year to finalize the transaction and apply for the Golden Visa.
The same goes if you want to make a qualifying €350K fund investment (rather than €500K).