Since the United Kingdom left the European Union in 2020, certain freedom of movement restrictions now apply to all UK nationals looking to either travel around Europe or live, work, and study in a European country. The good news is that some countries like Portugal are welcoming UK nationals, allowing them to apply to Portugal’s popular Golden Visa scheme. Acquiring a post-Brexit Portugal Golden Visa for UK citizens could be an excellent option to secure EU residency once again.

Initiated in 2012, the Portuguese Golden Visa offers the right to live and work in Portugal and travel freely across the EU in exchange for qualifying investment in the country.

UK nationals are eligible to apply for Portugal’s Golden Visa program. British citizens have enjoyed the possibility of applying for Portugal’s Golden Visa since 1 January 2021, reinstating a few of the European Union citizen rights and benefits they lost in Brexit through the Portugal citizenship by investment program. The exciting possibilities include visa-free travel throughout the Schengen Area and the opportunity to obtain Portuguese citizenship on the beautiful shores of Portugal after five years through the Portuguese Golden Visa program.

If you’re a British national, the Portuguese Golden Visa could be the perfect solution to your EU residency needs, allowing you to live in a European country and travel freely across the Schengen Area.

This guide walks you through the practical steps to consider in acquiring a Golden Visa in Portugal for UK citizens. Here’s what we’ll cover in this article:

  • How to live in Portugal as a UK citizen
  • The benefits of the Portuguese Golden Visa Program
  • Portugal Golden Visa requirements for UK nationals
  • How to obtain Portugal Golden Visa as a UK national
  • Portuguese Golden Visa cost and fees
  • How to get a Portuguese passport through the Golden Visa, and more

IMPORTANT UPDATE: PORTUGAL GOLDEN VISA – OCTOBER 2023

The Portugal Golden Visa program has recently undergone substantial changes. The new legislation is now in effect, and it’s crucial to note that real estate investments are no longer a valid qualifying option within the program. The Portugal Golden Visa Ultimate Guide offers more detailed information, including several attractive investment routes that remain eligible investment options for the program.

Moving to Portugal after Brexit

What is Brexit?

Brexit is the nickname for “British exit” from the European Union (EU), which the United Kingdom (UK) had been a member of since 1973. Officially, the UK left the EU on 31 January 2020, but the transitional phase of leaving concluded at the end of December 2020.

How does Brexit impact British citizens?

portugal golden visa for UK citizensNow that the UK is no longer in the EU, there are certain restrictions in place for Brits wanting to live, study or work in an EU member state. UK nationals now need a visa if they want to stay in the EU for more than 90 days in a 180-day period.

Exceptions apply, namely some EU member states and the UK have a withdrawal agreement that protects the residence rights of EU nationals and their family members living in the UK, and vice versa. However, this protection for EU nationals and British citizens is not automatic in other EU countries or the UK. There is also a UK national support fund in many countries. The UK nationals support fund is meant to support British citizens already in the country to understand the next steps to continue residing in their EU country of residence.

Check out Europa’s useful resource for more information about your residence rights post-Brexit.

How to obtain Portugal residency for British citizens after Brexit

Navigating residency in Portugal has become a pertinent consideration for UK citizens after Brexit. While UK nationals are granted the freedom to enter and reside in Portugal for up to 90 days within a six-month period, those desiring a more extended stay or permanent relocation face visa requirements akin to those of Americans or Australians.

One compelling avenue is Portugal’s Golden Visa program, which offers an attractive pathway to residency through various investment options. This program facilitates a more extended stay and opens doors to the diverse opportunities and lifestyle Portugal has to offer.

With a Portugal Golden Visa, a UK national can travel freely through the Schengen area, which comprises EU countries. The Golden Visa holder will also have the right to work, study, and live in any EU/EEA country. The UK national will also be able to apply for permanent residence and, later on, Portuguese citizenship.

Therefore, the Golden Visa permit presents itself as a strategic choice for British expats seeking a seamless transition to life in Portugal, showcasing the country’s welcoming stance towards foreign residents.

Portuguese Golden Visa for UK Citizens: An Overview

What is the Portugal Golden Visa Program?

The Portugal Golden Visa is basically a visa that you attain by making an investment in the country, allowing you to live, work, study, or simply hold an investment in Portugal.

Also known as the residence permit for investment activity (ARI), it’s one of the most successful Golden Visa programs in the world. Since the inception of the program in 2012, over 20,000 Golden Visas have been granted to investors from across the world, and over €4 billion in funds have been raised.

There are several appealing investment options for the Golden Visa Portugal. While purchasing real estate is no longer eligible for the program, several attractive avenues remain. A popular Portugal Golden Visa investment option is the investment funds for the Portugal Golden Visa. As well as the venture capital fund, there are opportunities to invest in a Portuguese business and job creation or in the national heritage or scientific research.

Whatever investment route you decide to take, the Portuguese Golden Visa can be an excellent solution for Brits looking to reside in a European country or simply travel visa-free around Europe’s Schengen Area. However, it’s essential to do due diligence on your chosen investment before you commit.

After five years of maintaining your Golden Visa, you’re eligible for Portuguese permanent residency and even citizenship. Residence permit cards can also be granted to family members alongside the main applicant, a significant advantage of the Portuguese Golden Visa.

Golden Visa in Portugal for UK citizens

Algarve-remote-working-pngUK nationals could not apply for the Golden Visa in Portugal before Brexit. However, following Brexit, UK nationals can apply for Portugal’s Golden Visa program – and many have been doing so.

The Portuguese Golden Visa is one of the most popular and accessible residency by-investment programs in the world. Portugal Golden Visa statistics show huge  demand, with over 12,000 investors to date having successfully secured legal residency in Portugal. And, in a post-Brexit climate, the Portugal Golden Visa program is an extremely popular option for UK nationals, as it provides them with free movement across the Schengen Area and the potential to obtain Portuguese citizenship.

With its high quality of life, excellent healthcare, and stunning locations — the Algarve is particularly popular — Portugal is especially popular among retirees. Young professionals and families from the UK have also been heading to the sunny shores of Portugal for years.

There’s a huge expat community in Portugal, and British expats make up a significant proportion of it. In fact, the number of UK nationals residing in Portugal has reached 42,000.

Take a look at our
Portugal Golden Visa Ultimate Guide by local experts

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Portugal Golden Visa Benefits for British Citizens

From the moment the Brexit process started, many British citizens began searching for new alternatives to enable them to travel around Europe freely and still enjoy the EU citizens’ privileges.

Following Brexit, some European countries like Portugal offered many available solutions to make it easy again for British citizens to move around Europe. One of the best available visa options is the Portuguese Golden Visa for UK citizens.

The Portuguese Golden Visa is a great opportunity that assures unconditioned access to the EU and also qualifies individuals for Portugal’s citizenship through naturalization if they fulfill all the necessary visa requirements. In the following section, we will give you more details about the benefits of the Portugal Golden Visa for British citizens.

Direct and indirect benefits of the Portugal Golden Visa include the following.

Opportunity to reside in Portugal

Successful Golden Visa applicants will be able to live in a stunning Mediterranean country with a high quality of life, top healthcare and education facilities, and an excellent climate.

Visa-free travel to 172 countries in the world

invest in caribbean islands real estate marketWith Portugal being part of the European Union (EU), this means that once you obtain a Portuguese passport, you will enjoy the benefits of being a citizen of Portugal.

Portuguese European passport holders have the right to travel visa-free to 172 countries in the world.

At Global Citizen Solutions, we have recently developed a new passport ranking. We take into account not only visa-free access to other countries but also investment opportunities and quality of life. In our Quality of Life Index, Portugal ranks in the 13th position.

This takes into account the cost of living alongside levels of freedom, happiness, environmental performance, sustainable development, and migrant acceptance. This highlights that, as countries go, Portugal is one of the best countries to live in for those looking for a high quality of life in an affordable country, and a valid passport from Portugal has a wide array of benefits.

Prospect to obtain a Portuguese passport and the right to live, work, and study in EU/EEA countries

The Portuguese Golden Visa grants investors temporary residency in Portugal for two years. Then they can renew the Portuguese residence permit for an additional three years. After five years of obtaining the Portuguese residence permit, Golden Visa holders can apply for Portuguese citizenship (an EU citizenship). During the five years of residence in Portugal, they have the option to live in Portugal or still be living in the UK and maintaining their old lifestyle. However, it’s required that investors stay in Portugal for at least seven days every year.

Family reunification

One of the main perks of having a Portuguese residence permit through the Portuguese Golden Visa is the family reunification option, and family members can be included in the Golden Visa application. By obtaining a residence permit as a British citizen, you can apply for your family members to have a residence permit too.

Family reunification covers your spouse and children under 18 years of age. It may also include children older than 18 years of age if they study full-time and are dependent on you. Yes, your family is entitled to residence permit cards alongside the Golden Visa holder.

Low cost of living and healthcare

Portugal offers an affordable cost of living compared to other countries in Europe. As a British citizen, you will definitely notice the difference in the prices while living in Portugal. And this price difference doesn’t only include food or transportation but also includes education and healthcare.

Healthcare in Portugal is quite affordable compared to that of the UK and offers a variety of high-quality options and good services. The Portuguese National Health Service, known as the SNS, is excellent, and you will need to register at your local health center. Public hospitals in Portugal offer free medical care for both citizens and residents of the country. Private clinics, however, offer medical care with fees, where you will get an appointment faster than the public ones, and very high-quality services, so having private health insurance is also an option.

According to the Global Health Expenditure 2022, Portugal spent about 9.53 percent of its GDP on annum healthcare and the Portuguese National Health Service. You will also find different health insurance policies in Portugal that offer different packages for different prices, and most of them cover a good part of the full cost of the treatment.

Some private clinics also offer telephone consultations, which can be helpful. You’ll find that living in Portugal, you will have access to very good quality healthcare. You can also get the European Health Insurance Card issued free of charge if you are covered or insured under a statutory social security scheme in an EEA country or Switzerland and receive medical care in member countries.

International schools with British and international curricula

International schools are a great option for UK expats living in Portugal. These schools offer a multicultural environment that provides students with international skills and the ability to engage more with different curricula, including international and British curricula.

best international schools in portugalThere are also other international schools that offer alternative curricula for UK expats other than British curricula. Here are the best international schools in Portugal:

  • British School of Lisbon (with a British curriculum)
  • Astoria International School (with both a British and a Portuguese curriculum)
  • Redbridge School (with British, French, and Portuguese curriculums)
  • International College of Porto (CLIP) (with a British curriculum)
  • International Preparatory School (IPS) (with a British curriculum)
  • St. Julian’s School (with both a British and a Portuguese curriculum)
  • Nobel International School Algarve (with both a British and a Portuguese curriculum)
  • Peter’s International School in Setúbal
  • Oporto British School in Porto

To get to grips with schooling in the country, you can read more about the education system in Portugal and the available options for your children as expat parents living in Portugal.

Attractive investment options

One of the foremost advantages of the Portugal Golden Visa is the array of attractive investment options it offers. Although the avenue of purchasing real estate is no longer available, the program has diversified its investment routes, providing flexibility and profitability. 

Golden Visa investors can opt for profitable routes such as a fund investment or make a capital transfer to invest in the arts, as well as contribute to the reconstruction or refurbishment of national heritage projects in Portugal. 

These alternative investment pathways not only align with diverse interests and preferences but also present UK nationals with the opportunity to actively contribute to Portugal’s cultural and economic landscape while securing their residency status through the Portuguese Golden Visa program.

Favorable tax treatments in Portugal for British citizens

taxes in portugalPortugal is well-known for its flexible Portuguese tax system that attracts many expats from all over the world who are willing to live, study, invest, and work in Portugal.

Portugal has a Double Taxation Agreement (DTA) with many countries, and luckily, the UK is one of them. In a few words, the DTA agreement is great for included citizens because it prevents them from paying double taxes on the same income in two different countries. For example, if you are a UK citizen and you pay taxes on your income already, you won’t need to pay again while staying in Portugal or after becoming a Portuguese tax resident.

Besides the DTA option, where you do not need to pay tax in two countries, there is also the Non-Habitual Resident (NHR) regime for foreign residents. If you’re a UK expat living in Portugal, the good news is you can take advantage of the Non-Habitual Residency (NHR) tax system in Portugal.

The Portugal NHR tax regime (non-habitual resident regime) is a successful scheme, offering attractive tax breaks for foreign residents, talented individuals, and investors. Introduced in 2009, it offers many tax benefits to its recipients, such as:

  • A special personal income tax treatment over a 10-year period
  • Tax exemption on almost all foreign source income; a 20 percent flat rate for certain Portuguese source incomes (from specific professions and from self-employment)
  • Tax exemption for gifts or inheritance to direct family members, no wealth tax, and free remittance of funds to Portugal

We recommend getting a Portuguese bank account if you are moving to Portugal to avoid any transaction costs.

Also, alongside opening a Portuguese bank account, one of the first things that you’ll need to do when making any financial transaction in the country is to apply for a NIF (Número de Identificação Fiscal or the Número de Contribuinte, in Portuguese), which is your tax identification number in Portugal.

Is NHR ending?

The State Budget Law for 2024 determined the end of the NHR regime from 1st January 2024. However, certain individuals can still apply up until 31st March 2025, and the scheme is being replaced by the Tax Incentive for Scientific Research and Innovation, which has now been implemented. To learn more, please refer to Is The Portugal NHR Ending?

Less crowded and better weather compared to the UK

One of the main pros of living in Portugal is enjoying the lovely location over the Atlantic Ocean with its beautiful coasts and the mild climate around the year with more than 300 days of sunshine.  Portugal is also known for its tranquility and slow pace of life. This is one of the reasons why British citizens adore living in Portugal or at least love to spend their summer vacations here. It’s worth mentioning the population in Portugal is around 10.3 million, while in the UK, it’s around 67.3 million.

If you are moving to Portugal, you should also be aware of the fact that the further you live away from the big cities like Lisbon and Porto, the more you will enjoy a quiet lifestyle.

English is widely spoken

The Portuguese speak extremely good English, particularly the younger generations. You should have few communication issues in the country, and there are many expats living in Portugal. If you learn some Portuguese words then this will impress the locals and make it easier to settle when moving to Portugal.

Portugal Golden Visa Requirements for UK Citizens

Portugal Golden Visa eligibility criteria

  • Have a clean criminal record.
  • Be either non-EU, non-Swiss, or non-EEA national
  • Minimum investment of €250,000, with a range of investment routes (the minimum investment is €200,000 for arts and cultural projects in areas that are sparsely populated or have a low GDP)
  • Golden Visa residents must spend an average of seven days per year in Portugal, guaranteeing a total of 14 days during the validity of each residence card (issued with a validity of two years).

Minimum investment requirements

Following the significant changes put in place by the Portuguese government, certain capital transfers and real estate investment options no longer qualify as Golden Visa investments. However, there are many other exciting investment opportunities for UK nationals to consider for their Golden Visa application, such as investing capital into Portuguese investment funds, national heritage, and supporting an existing Portuguese business.

Here are the Portugal Golden Visa investment routes:

  1. Fund subscription: Make a contribution to a qualified investment fund (such as private equity funds or venture capital funds) worth at least €500,000.
  2. Investment or donation in the arts or reconstruction of national cultural heritage with a donation of at least €250,000 (the minimum investment amount is €200,000 in ‘low-density areas,’ which are areas that are sparsely populated or have a low GDP).
  3. Scientific research: Invest at least €500,000 in research carried out by public or private scientific research institutions.
  4. Creation of ten jobs: Creation and maintenance of ten jobs during the required period.
  5. Share capital and job creation: Incorporation of a commercial company in the national territory or reinforcement of a company’s share capital (this company must have its head office in the national territory), in either case with an investment of €500,000, combined with the creation of five or maintaining ten jobs (five of them permanent)

Please note that the minimum investment amounts for options 2 and 3 may be reduced by 20% when the investment activity is carried out in low-density areas, which are regions with fewer than 100 inhabitants per square kilometer or GDP per capita of under 75% of the national average.

You are also required to present supporting evidence that you have met the minimum investment threshold. A declaration of honor compromising to maintain the investment for five years is also needed.

Portugal Golden Visa Mortgage: Can you take out a loan or mortgage to pay for your investment?

A very common question among applicants is if you can use a loan or a mortgage to pay for your Golden Visa investment in Portugal. Simply put, you cannot take out a loan or mortgage from a Portuguese financial institution to pay for your investment. However, you can take out a loan from a bank outside of Portugal.

Minimum stay requirement

Besides the Portugal Golden Visa investment, there are other requirements you will need to meet to be eligible for the Golden Visa program.

The Portugal Golden Visa requires you to spend an average of 7 days per year in Portugal, totaling 14 days during the validity of each residence card (issued with a validity of two years).

Portugal Golden Visa Required Documents

required documentsThe following Golden Visa Portugal documents can change at the discretion of the Portuguese government. Also, the documents must be submitted by Golden Visa applicants for the initial application and each renewal.

  • Golden Visa application form
  • Copy of a valid passport and travel documents
  • Declaration from your bank in Portugal confirming the transfer of funds from abroad
  • Proof of medical insurance in Portugal (only required if the investor resides in Portugal)
  • A background check or a police clearance letter from your country of origin
  • A declaration of honor compromising to maintain the investment for five years
  • Documents showing a good standing with the Portuguese Tax and Customs Authority
  • Document showing non-enrollment or a good standing with the Social Security
  • A receipt showing that you already paid the application processing fee
  • Note that the certificates of criminal records or police clearance letters must have been issued no more than 90 days before submitting your application.

Important Note: Portugal Golden Visa documents and the Portugal Golden Visa application form must be legalized and translated into Portuguese and then certified. Documents can be legalized by the Portuguese Consulate or apostilled according to The Hague Apostille Convention, where applicable.

Portuguese Golden Visa Cost

Below is the complete breakdown of the Portugal Golden Visa cost.

Government fees

The new Government Fees involved with the submission, granting, and renewal of the residence permit is valid since the 29th of October, as follows: 

  • Online application submission – € 773.74  
  • Granting the permit – € 7,730.10  
  • Per renewal – € 3,865.79 

All government fees listed above are payable per person, whether a main applicant or a family member. 

  • Golden Visa application legal fees: Range from €5,000 to €8,000 for single applicants.  Dependents younger than 18 years old can be included in the application free of charge.
  • Additional Portugal Golden Visa application fees: For dependents aged 18 years and older, this will cost between €500 to €2,000. Note that children are free of charge.
  • Renewal legal costs for a single applicant: €1,000 to €2,500.
  • Additional fees for dependents aged 18 and above: €500-€2,000. Children are free of charge.

Note: Additional fees may apply depending on the investment you wish to make

How to Get the Golden Visa in Portugal: A Step-by-Step Guide

To obtain the Golden Visa in Portugal, you must make a qualifying investment and keep the respective investment for five years. To submit your application, it is advised to consult with a Portugal Golden Visa lawyer.

While the Golden Visa application is relatively straightforward, there are quite a few steps to take toward a successful Golden Visa process.

1. Onboarding: Initial discussions with the onboarding and legal teams covering the process as a whole and answering questions.  Collect the necessary documents and ensure the correct paperwork. 

2. Bank account and NIF: In order to obtain the tax identification number (NIF) in Portugal, we will appoint a fiscal representative for you. After obtaining your NIF, we can help you open a bank account in Portugal. This can be done by us remotely and the Global Citizen Solutions will help you.

3. Make the investment: We can begin securing your investment and will guide you through the necessary paperwork required to ensure a successful investment.

4. Online application: Lodge your application online.

5. Pre-approval: Your application will be pre-approved on the basis that you fulfill the necessary requirements.

6. Biometrics visit: From the time you book your interview, it takes around two months until you can attend a biometrics collection session in person.

7. Golden Visa issuance: After your biometrics, it takes around six months for your Golden Visa to be approved by AIMA (which replaced SEF as the Portuguese Immigration and Border Service). Pay the government permit issue fee. We'll then collect the residence cards on your behalf and send them to you.

How to Obtain a Portuguese Passport after Holding a Golden Visa as a UK Citizen

The Portuguese Golden Visa grants you a temporary residency as a UK citizen for two years, and then you can renew the Portuguese residence permit for an additional three years. After five years of obtaining the Portuguese residence permit, you can apply for citizenship and get a Portuguese passport.

During the five years of residence in Portugal, you have the option to live in Portugal or still be living in the UK and maintaining your old lifestyle. You will just need to be in Portugal for at least seven days every year with a residence permit. If you are granted Portuguese citizenship and a Portuguese passport, you will not need to relinquish your British passport, as both countries recognize dual nationality.

Additionally, to obtain Portuguese citizenship after your five-year investment period has ended, you will need to fulfill the requirement of having a basic understanding of the Portuguese language (A2 level), either through a language course or the Portuguese language test.

Alternatives to the Portugal Golden Visa

Portugal D7 Visa

Portugal D7 VisaWhile the Portuguese Golden Visa is an excellent way to secure residency in Portugal, another residency visa open to British citizens moving to Portugal is the D7 Visa. This residency visa is a great option if you are looking to move to Portugal and travel to other European countries but do not want to invest a significant amount of money.

So, what is the D7 Visa? The Portuguese government introduced the D7 Visa back in 2007, which is also referred to as the Retirement Visa or Passive Income Visa. This residence permit program allows any non-EU nationals, non-EEA nationals, or non-Swiss citizens (third country nationals) to apply for Portuguese residency, as long as they have a reasonable and stable passive income to a Portuguese bank account that can sustain themselves during their stay in the country. The D7 residency visa is a great alternative for individuals moving to Portugal from the UK.

The D7 Visa is an affordable way to secure a Portuguese residency permit. Pensioners, entrepreneurs looking to live in Portugal, and other expats living off a recognized stable income can apply. A recognized stable income covers movable property, real estate, intellectual property, pension income, self employment income or financial investments. You will then be able to apply for the D7 Visa and, subsequently, apply for a residence permit. To qualify for this residency visa, you will need to earn the minimum wage from passive income, as dictated by the Portuguese Government.

The residence permit granted through the D7 Visa can be renewed after two years for a further three-year period. Following this, the residence permit can then be converted into a permanent residence permit. After five years of holding a residence permit under the D7 Visa scheme, you can also apply for Portuguese citizenship, provided that you fulfill the additional requirements as set out under Portugal nationality law.

To apply for the D7 Visa, you will first need to apply in your home country for a temporary D7 Visa at your Portuguese Embassy or Portuguese Consulate. This temporary stay visa will last for four months. Following this, you will need to attend an appointment with the Portuguese Immigration and Borders Service (AIMA, which replaced SEF) in Portugal and show the temporary stay visa that you got at the Portuguese Embassy or Portuguese Consulate in your home country.

The Portuguese Immigration and Borders service will then approve your residence permit.  Before you begin your Portugal D7 Visa application process, you can take a free eligibility test to find out if it meets your unique situation and needs.

Contact our EU Residency Experts Today

Are you looking to secure EU residency rights in a post-Brexit world? We are an investor migration consultancy firm offering bespoke second residency/citizenship solutions to expat families looking to relocate and broaden their horizons. Speak to one of our relocation experts today to see how we can move you forward on your quest for EU residency after Brexit. Contact us today by filling out the form below.

Why choose Global Citizen Solutions for your Portugal Golden Visa?

  • Global approach by local experts: A team of experienced local case executives, immigration lawyers, and investment specialists based in Portugal.
  • Independent service:We are not a marketing agency for any projects. You will access all eligible routes for the Golden Visa, with over 40 vetted qualifying investment options, so you can decide on the best option for you.
  • 100% approval rate: We have the unique distinction of never having had a Golden Visa case rejected and have helped hundreds of clients from more than 35 countries.
  • All-encompassing solution: Our dedicated onboarding and immigration teams will assist you throughout the process and beyond with a single channel of communication. 
  • Transparency: Our fees are clear and detailed, covering the entire process with no hidden costs. 
  • Privacy: Your personal data is stored within a GDPR-compliant database on a secure SSL-encrypted server.

To see the full list of reasons why to work with Global Citizen Solutions for your Portugal Golden Visa, you can find out more here: Why Work with Global Citizen Solutions for Your Golden Visa Portugal Application?

The Best Places To Live in Portugal

While the Algarve has long been a firm favorite with UK residents, there are many other locations in Portugal to consider. Portugal has many buzzing cities and small towns, and with a stunning 832km of Atlantic coastline, there is an abundance of waterfront properties. Each place will have its own unique characteristics and charm and choosing the perfect place for you can be difficult.

Once you have a valid residence document and can legally live in Portugal, the next step is figuring out where to live – if you haven’t done so already. Here, we’ll provide you with some of the best places to live in Portugal.

Lisbon

Lisbon Portugal best city south america eastern europe old town internet speed outdoor activities north macedonia unesco world heritage site natural beautyWhat better place to start than the cosmopolitan capital of Portugal? Lisbon preserves its historic charm while embracing modernity, with many tech companies and startups flocking to the city. This can be seen with Websummit, the largest tech festival in the world, moving to Lisbon in 2016. Today, many digital nomads and expats from all walks of life choose the stunning capital to live in. With excellent food, a favorable climate, and many beaches close by, it’s easy to see why.

If you’re planning to buy a property in Lisbon, note that the city has its own price range. However, prices are still affordable compared to many other western European cities, and if you venture a little outside the city center, property prices will decrease significantly.

You can see more in our article: Where to Buy Property in Lisbon.

Porto

Porto is one of the best places in Portugal to live. The second biggest city in the country has stunning architecture, including incredible tiles, and is regularly discussed as being one of the most beautiful cities in Europe.

While the city is smaller than Lisbon, if you enjoy eating out in restaurants, Porto has some of the best food and wine in the country. As Porto is close to the Atlantic Ocean, you also have many waterfront properties and beaches close at hand.

You can learn more in our Ultimate Guide to Buying Property in Porto.

The Algarve

algarve beachYes, the most popular place for British expats is the Algarve. With stunning beaches, excellent weather, good food, and a relaxed pace of life, this region has everything. Keen golfers can get their golf fix, and with Faro airport in the middle of the Algarve, it’s very easy for avid travelers to get around Europe. A firm favorite, and it looks like its popularity will only continue to increase in the future.

You can learn more in our article: Where to Buy Property in the Algarve, Portugal.

The following articles may also be of interest to you:

Frequently Asked Questions about the Portugal Golden Visa following Brexit

How does Brexit impact UK citizens?

If you’re a British citizen that lawfully lives in an EU member state, then you’ll continue enjoying the same rights as you have now (as is the case for some EU nationals that live in the UK, depending on the withdrawal agreement between the two countries). This means you can live, work and travel in the EU. Note that these rights are to be revoked after a leave of absence for more than five years.

The same applies to British citizens who moved to the EU during the Brexit transition period, which ended on 31 December 2020. If, however, you want to move now from the UK to a European country, then you need a legal residency permit as the transition period is finished.

How can I get Portugal residency as a UK citizen after Brexit?

To acquire a residency permit in Portugal as a UK citizen after Brexit, you’ll need to look at Portugal’s immigration programs. Portugal offers a Golden Visa program, which enables non-EU citizens to acquire legal residency in the country in exchange for an investment. 

Usually, when you apply for the Portuguese Golden Visa, provided that you meet all the Golden Visa program requirements, you can acquire residency easily enough. For more information on how to move to this EU country and gain a residency visa through the Golden Visa program, contact our specialists today.

What is Portugal's Golden Visa for Brexit?

The Portuguese Golden Visa is basically an investment residency visa offered to all qualifying investors, including UK nationals. Since 1 January 2021, and thanks to Brexit, British citizens can now apply for the Portuguese Golden Visa and acquire EU residency. The Golden Visa process is quite straightforward.

It’s important to bear in mind that property investments and capital transfers no longer qualify for the program.

Is it easy to get residency in Portugal?

To get temporary residence in Portugal, you will need to get a valid visa. The Portuguese Golden Visa and the D7 Visa are both very good options if you are considering moving to Portugal. For the Portuguese Golden Visa, you will need to make a qualifying investment into the country, with many options on the table, such as an investment fund, arts and scientific investment, or job creation, plus others. For the D7 Visa, you will need to prove that you earn a passive income of at least €820.00 per month.

You can receive a permanent residence permit after five years of legally living in Portugal. After you have had permanent residence issued, you can then apply for Portuguese citizenship, provided that you fulfill all the requirements as dictated by Portuguese nationality law.

Can you have dual residency in Portugal and UK?

Following the decision made by the UK to leave the European Union (EU), every UK national will have the right to stay in Portugal for 90 days in a 180-day period. If you have long-term residency plans to live in Portugal, you are going to need a visa, such as the Portuguese Golden Visa or D7 Visa. You can then have dual residency and live in Portugal and the UK. 

Portugal also allows dual citizenship. British citizens are able to retain their British citizenship if they wish to apply for Portuguese citizenship. You will be able to apply for citizenship if you have legally resided in Portugal for five years and fulfill all the requirements as dictated by Portuguese nationality law.

How much money do I need to get residency in Portugal?

For the Portugal D7 Visa, you will need to show that you earn a passive income of at least €820.00 per month (your income can come from pensions, transferable equity, real estate, intellectual property, or financial equity). The Digital Nomad Visa is also a good option to consider. The Portugal Golden Visa cost is a minimum investment amount of €250,000, with a range of investment routes to choose from. Whichever visa option you choose, be sure to keep enough money in your bank account for other costs such as application fees, flight tickets, accomodation and legal costs.

Can I move to Portugal from the UK after Brexit?

Following Brexit, British citizens have the right to stay in Portugal for 90 days in a 180-day period. If you have long-term residency plans to live in Portugal, you are going to need a visa, such as the Portuguese Golden Visa or D7 Visa. You can then have dual residency and live in Portugal and the UK.

In short, moving to Portugal from the UK is possible if you apply for one of the Portuguese visas that allow you to do so. 

Two of the most popular Portuguese visas are the Golden Visa and the D7 Visa.

For the Portuguese Golden Visa, you will need to make a significant investment into the country that will boost the Portuguese economy. You have many investment options on the table, such as arts or scientific research, an investment fund, job creation, and more. As a Golden Visa holder, residence permits can also be granted to family members alongside the main applicant, a significant advantage of the Portuguese Golden Visa. 

For the D7 Visa, you will need to prove that you have a stable income and can support yourself during your stay in Portugal.

Can I retire to Portugal from the UK?

Yes, you can still retire to Portugal as a British citizen. If you would like to live in the country for more than 90 days in a 180-day period, you will need to have a valid visa. The D7 Visa – also called the Retirement Visa or Passive Income Visa – is perhaps the best option for you. This residence permit program allows any non-EU nationals, non-EEA citizens, or non-Swiss to apply for Portuguese residency as long as they have a reasonable and stable passive income and can sustain themselves during their stay in the country. This table passive income can be a pension. 

A second option is the Portugal Golden Visa, whereby you will need to make a qualifying investment in the country. Residence permits can also be granted to family members alongside the main applicant, a significant advantage of the Portuguese Golden Visa.

Where do Brits retire to in Portugal?

The Algarve is very popular with British expats who are retiring to Portugal. This is because of the fabulous weather, beaches, and high quality of life on offer.

How much income do I need to retire in Portugal?

You should be able to retire to Portugal, in a small city, on an income of around €1,500-2,000, although this will depend greatly on your lifestyle.

If you want to apply for the Portugal D7 Visa, also known as the Portugal Retirement Visa or the Passive Income Visa, you’ll need to demonstrate that you have a monthly passive income of at least €820.

Can UK citizens travel to Portugal?

There are no restrictions on UK citizens traveling to Portugal, and you will not need to apply for a tourist visa or Schengen visa, even if you are retired in the UK. If you want to stay in the country for more than three months, you will need a residence permit. A residency permit can be obtained through the Portugal Golden Visa program, the D7 Visa, or other legal residency routes.

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