Portugal has also ended its “golden visa” program, which granted non-European Union residents EU passports in exchange for investing more than €350,000 in real estate in certain areas. Often, through “golden visas,” property developers would flip buildings into short-term rentals (usually Airbnbs) to maximize their profits. Often, through “golden visas,” property developers would flip buildings into short-term rentals (usually Airbnbs) to maximize their profits