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Fortune
Fortune
Prarthana Prakash

Portugal might have cracked down on golden visas after a housing crunch—but repeat visitors who stay at Airbnbs are still very welcome

people at a hall in Sao Bento railway station, in Porto, Portugal. (Credit: Romy Arroyo Fernandez—NurPhoto/Getty Images)

When an easy gateway for foreigners into Portugal became a nightmare for locals, the country had to move quickly. 

It restricted its famous “golden visa” program as it set off a massive housing crisis that priced out Portuguese people. The expedited path to residency welcomed digital nomads but also more than doubled home prices in eight years and prompted protests due to exorbitant rents.  

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