They were influenced by the decision of the authorities to cancel the golden visa program.
According to local media reports, the announcement of the end of the Golden Visa caused expats in Portugal to fear about future restrictions at the border and led to remote workers searching for other places to move.
Details. Although the Golden Visa program in Portugal is one of the most popular programs for digital nomads, other countries have started offering similar programs, which can sometimes be even more attractive. Since Portugal announces the end of the Golden Visa program, applicants are sent to other countries such as Dubai, Turkey, Singapore, Germany, as well as Hong Kong.
On the other hand, Antonio Costa, the Prime Minister of Portugal, earlier announced his government's decision to focus on digital nomads and make the country more friendly to such people.
Quote. "We have an open program, so we can be a factor in finding these digital nomads, as we have a program to attract foreign direct investment. Every company making major strategic investments in Portugal also does so on a contractual basis. And, fortunately, Portugal is becoming more and more attractive," the Prime Minister said.
Countries with residence by investment programs:
USA
Immigrant Investor Program - EB-5
Residence permitFor 31 months
from 900 000 $
Andorra
Residence permit in Andorra for investment
Residence permitFor 3 months
from 600 000 €
Montenegro
Montenegro Residence Permit by Property Purchase
Residence permitFor 2 months
from 30 000 €
Georgia
Residence permit in Georgia for real estate buyers
Residence permit
from 100 000 $
Italy
Investor Visa for Italy
Residence permitFor 3 months
from 250 000 €
USA
Treaty Investor Visa E-2
Residence permitFor 4 months
from 100 000 $
United Kingdom
UK Investor visa Tier 1
Residence permitFor 2 months
from 2 220 000 €
Spain
Residency Visa For Acquisition Of Real Estate (Golden visa)
Residence permitFor 2 months
from 500 000 €
Spain
Residence Permit in Spain by Investment (Golden visa)
Residence permitFor 2 months
from 1 000 000 €
Turkey
Residence Permit In Turkey - Real Estate
Residence permitFor 2 months
from 50 000 $
Latvia
Residence by Property Investment Program
Residence permitFor 2 months
from 262 500 €
Austria
Red-White-Red Card for Self-employed Key Workers
Residence permitFor 4 months
from 3 000 000 €
Greece
Residence Permit in Greece by Real Estate Investment (Golden visa)
