The new golden visa law that came into action in 2022 limit residential real estate investments to Madeira, the Azores and the interior regions of continental Portugal.
Investments in real estate for tourism, commerce, and services purposes are excluded from the restrictions and may continue to be executed in the metropolitan areas of Lisbon and Porto, as well as in the inter-municipal communities of the Coast.
The interior regions authorized for the golden visa in Portugal are defined in Ordinance no. 208/2017, of July 13. The Ordinance delimits the territorial areas that benefit from measures of the National Territorial Cooperation Program (PNCT), which can constitute an incentive for the development of the interior regions.
Below you can see the list of counties that belong to the interior regions of continental Portugal:
List of Low density regions
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