About Portugal Golden Visa Residence Permit


Portugal’s Autorização de Residência para Actividade de Investimento – first introduced in 2012 and commonly known as the ‘Golden Visa’ – is a residence permit that provides qualifying individuals and their family with full rights to live, work and study in Portugal.

The Golden Visa Residence Permit (GVRP) also provides visa-free access throughout the Schengen Area of 26 European countries and, after five years, the right to apply for permanent residency and then citizenship in Portugal.

Portugal Golden Visa Benefits


Portugal is the leading destination for individuals and families seeking residence within the European Union. It offers a stable political and social environment, clear and transparent tax rules, good infrastructure, a favourable investment climate and an excellent quality of life. Most foreigners consider the cost of living to be low.

Benefits of the GVRP include, but are not limited to:

01
Flexible and affordable investment options
02
Route to residency within three to six months
03
Freedom to live and/or work in Portugal, while keeping another residence in another country
04
Visa-free travel within the Schengen Area
05
Low minimum stay requirements, averaging seven days per year
06
The benefits can be extended to the investor’s family, including dependant children and parents
07
No tax on worldwide income, if resident for less than 183 days per year
08
Option to apply for Portugal’s Non-Habitual Resident (NHR) tax regime status
09
Option to apply for permanent residency or citizenship in Portugal (and the EU) after five years of the initial investment.

Golden Visa Investment Criteria


As of 1 January 2022, the ‘Golden Visa’ can be obtained via the following investment routes:

01
Capital transfer of at least €1.5 million to Portugal.
02
Establishment of a single-member private limited company creating at least 10 sustainable jobs that are based in Portugal.
03
Purchase of residential, commercial or agricultural real estate with a minimum purchase value of €500,000 (qualifying residential real estate now restricted to the interior of mainland Portugal and the autonomous regions of Madeira and the Azores). Minimum purchase value reduced by 20% to €400,000 if the real estate is in a designated area of low GDP or low population density.
04
Purchase of residential, commercial or agricultural real estate, with construction dating back more than 30 years or located in urban regeneration areas, for renovation, with a minimum purchase value of €350,000 (qualifying residential real estate now restricted to the interior of mainland Portugal and the autonomous regions of Madeira and the Azores). Minimum purchase value reduced by 20% to €280,000 if the real estate is in a designated area of low GDP or low population density.
05
Investment of at least €500,000 to an accredited public or private institution involved in qualifying scientific research that will benefit the national scientific and technological infrastructure.
06
Investment of at least €250,000 to an accredited institution conducting qualifying projects to, or in support of, artistic production, or the maintenance or recovery of cultural heritage.
07
Investment of at least €500,000 in an investment fund or venture capital fund for the acquisition of units with a maturity of at least five years from date of purchase. To qualify, fund must be registered in Portugal and have at least 60% of its capital invested in Portugal.
08
Investment of at least €500,000 for the incorporation of a new company headquartered in Portugal or capital injection in an existing company headquartered in Portugal that then must proceed to create five new job positions sustained for a consecutive three years.

Advantages and Benefits of the Portuguese Golden Visa


01
Straightforward and flexible investment requirements;
02
Extremely low minimum stay requirements – only seven days in the first year and 14 days during each of the two subsequent two-year periods, whether or not consecutive;
03
Extendable to family members;
04
Freedom to travel without a passport to all European countries that are part of the Schengen area;
05
Potential to apply for permanent residency status in Portugal after five years and citizenship after six years; No limitations on ownership of the selected investment;
06
No limitation on subsequent investments or employment opportunities;
07
Access to all Portuguese public services, including health and education.
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