Madeira continues to attract buyers from around the world, and it is easy to see why. With its year-round climate, natural beauty, safety, quality of life, and growing international community, the island remains one of Portugal's most desirable places to live and invest.
However, the property and residency landscape has changed, and international buyers should understand these changes before making a decision.
The Golden Visa: What Has Changed?
One of the biggest changes is Portugal's Golden Visa programme. Since October 2023, buying property in Madeira—or anywhere in Portugal—no longer qualifies for the Golden Visa. The programme itself still exists, but investors seeking residency through investment must now explore other qualifying routes, such as eligible Portuguese investment funds, scientific research, cultural projects, or qualifying business investments.
For buyers whose goal is residency, understanding these alternatives and seeking professional advice is essential.
Portugal's Tax Landscape Has Evolved
Portugal's previous Non-Habitual Resident (NHR) tax regime, which attracted many international residents, is no longer available to most new applicants. This makes personalised tax planning more important than ever for those considering relocating or investing in Madeira. Understanding ownership costs, taxation, financing, and local regulations before purchasing can help buyers make confident decisions.
Is Madeira Still a Good Investment?
Absolutely.
The reasons buyers choose Madeira remain strong: lifestyle, security, climate, and long-term appeal. While demand for quality properties remains high, some areas and property types now offer buyers more choice and, in certain cases, greater opportunities to negotiate.
The key today is not just finding the right property—it is understanding the bigger picture.Successful buyers take the time to research location, licensing, rental potential, financing options, and ownership responsibilities before committing.
Madeira remains a fantastic opportunity, but informed decisions create the best results.
If you are considering buying property in Madeira and would like guidance on where to start, feel free to get in touch. I would be delighted to help you navigate the process and turn your Madeira property journey into your gateway to Europe.