The Golden Visa programme has gained traction following the US presidential elections last week, with many Americans seeking stability and quality of life in Portugal, as reported by Schengen News.

Some US citizens are driven by political shifts, while others are drawn by Portugal’s appeal as a stable, welcoming country within the EU. The Golden Visa scheme, which grants non-EU nationals the opportunity to secure residency through diverse financial avenues, provides the chance to make the move.

Although the highly popular real estate route of the Golden Visa was discontinued to help address Portugal’s housing crisis, other options – such as investing in cultural heritage, scientific research or job creation – remain available.

“The interest of foreigners, especially those from North America and Brazil, in Portugal’s Residency by Investment Programme remains high, in spite of the abolishment of the real estate investment option,” explained Gustavo Caiuby, managing partner at asset management firm Heed Capital.

With more than 5.4 million Americans now living abroad, Portugal has emerged as a top choice, attracting new residents not only from the US but worldwide. The ongoing demand, however, may further pressure the country’s real estate market, leading to potential price increases in high-demand areas as more people look to establish roots.

In this environment, both US and non-US buyers would benefit from working with local experts, such as Algarve Home Sales. As interest grows, having a skilled estate agency on your side can guide you through the nuances of Portugal’s market, highlight undervalued properties, and help buyers find opportunities before prices rise further.

Contact the Algarve Home Sales team to make sure your buying journey is as smooth as possible.