There was a time when wealthy investors looked at second citizenship as a kind of insurance policy — a safety net for uncertain times, a way to keep doors open around the world. It was about freedom of movement and not necessarily a change of life.
But things are different now. The world has shifted and so have people’s priorities. Today, residency is about choosing where to truly live, work, and grow.
That’s why Digital Nomad Visas are drawing so much attention. Once a niche option for remote workers, they’ve quickly become a major force in global migration — an invitation to build a real life somewhere new. And Portugal remains one of the more attractive options for investors seeking a mix of lifestyle, opportunity, and flexibility.
Portugal’s Digital Nomad Visas: the next generation of global residency
A Digital Nomad Visa allows remote workers to live legally in a foreign country while earning income from abroad. It’s designed for freelancers, entrepreneurs, and employees who can work online, offering the chance to explore new places without changing jobs.
Portugal is one of the most popular destinations for digital nomads, thanks to its strong economy, high quality of life, low cost of living, and friendly English-speaking community. To qualify for Portugal’s Digital Nomad Visa, you’ll need to show a monthly income of at least €3,480, along with proof of remote or freelance work and accommodation in the country.
Unlike traditional Golden Visas, the Digital Nomad Visa is about investing in people, not assets. It encourages contribution through work, spending, and cultural exchange — a model that fits Portugal’s vision of sustainable, people-driven migration.
For those seeking other paths, Europe’s Golden Visas still offer major perks like visa-free travel and residency for the whole family. The Portugal Golden Visa, for instance, grants visa-free access across the Schengen Area, doesn’t require full-time residence, and includes family members.
Those looking for an expedited process may find the Caribbean programs comparatively faster.
Caribbean citizenship: speed, simplicity, and limits
For many applicants, a Caribbean passport is seen as a symbol of increased travel freedom and security. It provides potential tax advantages, various business options, and a sense of long-term stability for those seeking diversification.
While it offers notable advantages, factors such as geographical reach and market accessibility may limit its suitability for some investors.
The Caribbean region continues to be known for its relatively streamlined citizenship processes, often completed within several months. Investment options vary by country, generally starting around $200,000 to $250,000.
Europe’s Golden Visas: lifestyle meets regulation in Portugal and beyond
Portugal, Greece, and Hungary have become popular choices among residency-by-investment programs: they combine Mediterranean or Central European lifestyle, EU access, and clear legal frameworks. For many families, they offer freedom of movement and the comfort of established institutions.
Over the past two years, Europe has tightened its policies. Portugal ended the property option in 2023, Greece increased minimum investment levels, and Hungary refused to re-introduce a property purchase option under its new Golden Visa.
Governments are moving towards formats that reward economic participation, such as entrepreneurship, innovation, and sustainable projects, rather than passive real-estate spending.
Portugal now favors productive investment: at least €250,000 in cultural initiatives or €500,000 in investment funds supporting business and innovation. Applicants must stay only seven days per year and may seek citizenship after five years.
Greece retains its property-based route, requiring €400,000—800,000 in real estate depending on location and the type of property. Residence permits are renewable every five years as long as ownership continues.
Hungary offers a new Golden Visa launched in 2024. A minimum €250,000 investment in real estate funds or €1,000,000 in a higher education institution grants 10-year residency.
Each serves a distinct profile: Portugal for lifestyle and long-term citizenship, Greece for property value and simplicity, and Hungary for Central Europe’s business access and lower living costs.
What investors should consider when balancing mobility, lifestyle, and legacy
Purpose. Investors prioritizing mobility and asset protection often favor the Caribbean; families focused on education and settlement may choose Europe, and entrepreneurs value the flexibility of Digital Nomad Visas.
Taxation. Spending over 183 days in a country usually triggers obligations, making professional planning essential.
Legacy. Legacy now includes more than wealth — it’s about creating sustainable foundations for future generations. High-net-worth individuals must understand how investments and asset structures will affect future generations and the ability to transfer wealth efficiently.
Investing involves risk, and your investment may lose value. Past performance gives no indication of future results. These statements do not constitute and cannot replace investment advice. Prices and availability are accurate as of the time of publication and are subject to change without notice. Please check the retailer’s website for the most up-to-date pricing information.
