US Nationals Show Increased Interest in Portugal's Golden Visa After Presidential Election

US Nationals Show Increased Interest in Portugal's Golden Visa After Presidential Election

Key Takeaways

1. Interest in Portugal’s Golden Visa Program among US nationals has grown recently, driven by multiple factors.
2. The program offers various pathways for Americans to obtain residency in Portugal.
3. Despite the removal of real estate investment options, demand for the Golden Visa among US nationals remains high.

A growing number of Americans are expressing interest in Portugal’s Golden Visa Program, a trend influenced by the recent US presidential election and other social and economic factors.

While some Americans seek to relocate to Portugal following Donald Trump’s election, others are motivated by broader circumstances such as economic opportunities and quality of life.

According to the Association of Americans Resident Overseas, by November 2023, over 5.4 million Americans were living abroad, with many choosing European nations like Germany, France, and Spain. Among these, Portugal stands out as a top destination due to its Golden Visa Program.

Portugal’s Golden Visa offers a route to residency for non-EU nationals who make significant investments in the country. Various investment options are available for those looking to gain residency and citizenship.

Multiple Pathways to Residency

Foreign nationals can qualify for Portugal’s Golden Visa through several investment avenues, including:

- Fund investments
- Donations to the arts or cultural heritage
- Scientific research funding
- Creation of at least ten jobs
- Capital investment and job creation

Previously, the most popular option was real estate investment. However, this route was recently eliminated as part of efforts to tackle Portugal's housing crisis. Despite this, interest in the Golden Visa remains strong, particularly among North Americans and Brazilians.

Gustavo Caiuby, managing partner of Heed Capital, noted, “Many people are keen to understand how Golden Visas work and how they can still be used in Portugal, even after the real estate investment option was discontinued.”

Portugal’s Passport Among the World’s Most Valuable

According to the Passport Index by VisaGuide.World, Portugal ranks seventh globally for passport strength, with a score of 90.26. Portuguese passport holders can travel visa-free to 105 countries and enjoy passport-free travel to 43 countries. Additionally, as a member of the EU’s Schengen Area, Portugal offers unrestricted travel within the region to its passport holders.

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