Europe's 'Golden Visa' landscape shrinks but Asian demand stays high

Chinese and Indians seek 'Plan B' residency and territories to park wealth

20251118 golden visa

A property agent places adverts in the window in Portimao, Portugal, in 2013. After Europe's sovereign debt crisis, Spain and Portugal tried to revive their property markets by offering Golden Visas to buyers from outside the European Union.  © Reuters

JENS KASTNER

HAMBURG, Germany -- Portugal will double the length of time needed for "Golden Visa" holders to attain citizenship starting in January, echoing tighter immigration restrictions by the country's neighbors, that will affect Asians hoping to gain residency in Europe.

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