Can Brits Still Buy A Property in Portugal After Brexit?

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Written by: | Last updated on March 6, 2024 | Est. Reading Time: 3 minutes
This article is available in: en_US

Brexit is a confusing thing that has created more questions than answers. For a lot of people who planned to spend more time in Europe, it has thrown plans into disarray or, at the very least, just made everything more complex. One of the questions that many people have is whether or not they can still buy property here, which this article will look at. 

Yes, Brits Can Still Buy Property in Portugal

The good news is that: yes, even though the UK has left the EU, you can still buy a property in Portugal. Portugal does not restrict foreign ownership. 

That’s the good news. 

But There Are Visiting Limits 

The bad news is that, post Brexit, there are limits on how long UK passport holders can stay in the Schengen Travel Area, which Portugal is a part of. UK passport holders can typically stay 90 days in every 180 days in the Schengen Area, including Portugal. That means that within a 180-day period, you can spend up to 90 days in Portugal. 

If you only plan to visit Portugal for a week here and there, the 90/180-day rule may not make a difference to you. If, however, you were thinking of coming to Portugal for long stretches of time, then it would make a difference. You couldn’t come for six continious months in winter, for example. You could come for three months in a row, but then you would have to leave for another three months. 

If you’d planned to winter in your Algarve villa and spend summers in the UK, then this will affect your plans slightly. You can still come for up to 90 days and then another 90 days later in the year, but it might be frustrating if you were planning on spending a full six months in a row here. 

Ways Around This

There are a couple of ways that you could spend longer in Portugal. 

The first is to gain residency, which basically means moving to Portugal. Portugal has a number of appealing residency visas, such as the D7 and Digital Nomad Visa, aimed at those that have a passive income (such as a pension) in the case of the D7 or those that work remotely in the case of the digital nomad visa. 

These visas are not only very attainable for Brits but allow you to apply for Portuguese citizenship after living here for 5 years, allowing you to obtain an “EU passport.” Since both the UK and Portugal allow dual citizenship, you won’t have to give up your British passport. 

There’s also the golden visa. As of 2023, it’s no longer possible to qualify for this simply by purchasing a property in Portugal. The next most appealing option for most people is likely to be investing in a fund, such as a venture capital fund. The minimum investment amount for this is typically €500,000.

The big difference between this visa and others like the D7 or D8 (nomad visa) is that the golden visa only requires you to spend an average of seven days per year in Portugal whereas the other visas require you to spend around six months of the year here [source]. So if you’re looking for something with a little more flexibility, the golden visa is worth investigating. 

Written by

James Cave is the founder of Portugalist and the author of the bestselling book, Moving to Portugal Made Simple. He has visited just about every part of Portugal, including Madeira and all nine islands of the Azores, and lived in several parts of Portugal including Lisbon, the Algarve, and Northern Portugal.