Portugal is on track to strengthen its European connections following the European Commission’s confirmation of the long-awaited Madrid–Lisbon high-speed rail (HSR) initiative.

Unanimously supported by all EU member states, the cross-border project represents a significant step forward in transport and investment cooperation between Portugal and Spain. Once complete, it will position Portugal even more prominently within Europe’s modern infrastructure network.

By 2030, the journey between Lisbon and Madrid will be reduced to around five hours, before being cut further to just three hours by 2034. The project aims to boost mobility across the Iberian Peninsula while connecting Portugal to the broader European high-speed rail system.

Funding has already been secured through the Connecting Europe Facility, with €235 million allocated to the vital Évora–Elvas section — clear evidence of Portugal’s strong commitment to European transport priorities and sustainable development.

The new line is expected to act as a key corridor for trade, tourism and regional cooperation, underpinning Portugal’s growing reputation as a connected and forward-looking European hub.

For travellers, the route will offer a more sustainable and efficient alternative to flying or long car journeys, in line with Europe’s climate ambitions. It’s part of a broader shift towards low-carbon transport that promotes convenience without compromising the environment.

From a business standpoint, the Lisbon–Madrid connection is set to boost cross-border activity, open new investment opportunities and make it easier for companies to collaborate across markets.

Paul Stannard, chairman and founder of Portugal Pathways and the Portugal Investment Owners Club, said:

“This is an infrastructure milestone that will bring Portugal even closer to the centre of European economic life. High-speed connectivity between Lisbon and Madrid doesn’t simply shorten travel times — it broadens Portugal’s strategic horizon.

“Faster, greener, more reliable rail links will make it easier for companies to operate across borders, attract teams and capital, and innovate at pace.

“For investors and international businesses, it reinforces Portugal’s standing as a country that is not only open to the world, but actively building the conditions for long-term, sustainable growth.”

Regions along the route, particularly Alentejo, are expected to experience new levels of interest from property developers, hospitality groups and digital professionals attracted to Portugal’s combination of lifestyle, accessibility and economic potential.

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About Portugal Investment Owners Club

The Portugal Investment Owners Club, or P Club for short, is a unique investor membership community designed for discerning individuals, families, and organisations committed to exploring and capitalising on life in Portugal and enjoying money-can't-buy experiences and exclusive events.

About Portugal Pathways

‍‍Portugal Pathways has supported hundreds of Golden Visa residency-by-investment applications and provides expert guidance through its professional supply chain network on estate planning, wealth management, Golden Visa and tax optimisation, including post-NHR / IFICI tax regime planning, as well as private healthcare, money transfers and bespoke relocation and luxury real estate solutions to enhance life and investment in Portugal

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Disclaimer: The information on the Portugal Pathways and Portugal Investment Owners Club (P Club for short) websites and in email communications is for general informational purposes only and should not be construed as legal, tax, or financial advice. You should consult and check with a qualified professional advisor before relying on any information provided on this website or in email communications. As it relates to investments in Golden Visas or other wealth management solutions offered by regulated and professional advisors, it is important to note that past performance is no guarantee of future returns. Private equities can be highly illiquid and come with risk and should always be under professional independent advice. Golden Visa investments need to be held for 6 to 7 years to allow for permanent citizenship/passport in the EU.

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