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Golden Visa

What is Golden Visa

Golden Visa Info

 

The Portuguese Golden Visa is the opportunity for international non-EU investors to obtain a 5 years residency permit and eventually an option of citizenship in an EU country.

In Portugal the residency is issued if you:

. Purchase a real estate property with a value equal to or above 500,000€;

. Do a capital transfer with a value equal or above 1 Million€;

. Create at least 10 permanent job positions:

. Purchase of real estate property, with construction dating back more than 30 years, or located in “urban recovery area” for refurbishing, for a total value equal to or above 350,000€;

. Capital transfer with a value equal to or above 250,000€ for investing in artistic output or supporting the arts, for reconstructing or refurbishing of a national heritage monument.

By fulfilling one of the above criteria, you can immediately apply for Residency Permit (which can take about a year to issue from the date of application), and can also apply for the same benefit for your immediate family.

After the 1st year, the visa is renewed every 2 years, provided the investment is maintained and the holder of the visa spends a minimum period of time in Portugal, an average of 7 days per year.

After 5 years, the investor can apply for Permanent Residency or Portuguese citizenship provided minimum criteria of A1 level of Portuguese language understanding is achieved by applicant.

The investor and their family can live, travel, study or work freely in any of the 26 Schengen countries.

All immediate family. Children over 18, can apply if they are still financially dependent on the investor.

Non-EU citizens can apply for EU-Citizenship after completing the 5 year period of Golden visa and gain benefits like – free to live, travel, work, receive healthcare or education anywhere within the EU countries.

Possibility to invest in a residential property, open land, or commercial property like an office or a shop. The investor doesn’t need to spend time in the property and can potentially lease it, if he so wishes.

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