As Spain permanently ends its real estate Golden Visa route in April 2025, Portugal has emerged as the top destination for global investors seeking secure, fast-track EU residency and citizenship.
Spain Officially Ends Golden Visa Real Estate Path
On April 3, 2025, Spain formally terminated its Golden Visa real estate investment program, following a Senate-approved law published in the Official Gazette on January 3, 2025. Prime Minister Pedro Sánchez announced the move was designed to "transform housing from speculation into a fundamental right."
This leaves Portugal as the most accessible and efficient Golden Visa program in Europe.
Why Portugal Is Now the #1 Golden Visa Destination in Europe
Portugal Golden Visa 2025: Fast, Legal, and Fully Digital
Why Global Investors Are Shifting to Portugal
Spotlight: Explorer Investments - Portugal’s Top Golden Visa Fund
"The only fund that let me invest alongside institutions. I got returns - and EU residency."
Market Impact and Global Shift
Between 2013-2019, 14.4% of all foreign investment in Portugal came from Golden Visa applicants. With Spain out, Portugal now absorbs the demand from:

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ab@explorerinvestments.com
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3x target MOIC from a fund with institutional-grade performance.
Overseen by CMVM with over 20 years of private equity experience.
Only 7 days per year required to maintain your residency status.
Include your spouse and dependent children under the same visa.
Permanent residency after 5 years. Apply for citizenship in 6.
Live, work, and travel freely across the entire European Union.
Get your complete, free guide to the Portuguese Golden Visa. Learn how to invest with confidence through Explorer Investments, the country's largest private equity fund.