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Where to buy real estate in Portugal.

Where to buy real estate in Portugal.

Where to buy real estate in Portugal.

British people looking to move to Portugal have been given extra time to buy property to qualify for a golden visa - the fastest and easiest route to residency after Brexit.

This week, the Portuguese government announced an increase in the processing time for the fast-track residency program from July 2021 to January 2022. The offer applies to properties purchased in Lisbon, Porto and coastal areas such as the Algarve, while in low-density regions - the Azores and Madeira - it remains in place until next year.

The golden visa allows applicants and their families to work, live and study in Portugal and spend more than the two 90-day periods per year in the Schengen area that Britons now face.

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Since Britons became non-residents of the EU, they must update their payment details via their personal account or their subscription will be terminated.

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Irina Nikolaeva

Sales Director, HataMatata