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GOLDEN VISA for Investors
New legal provisions open up the possibility of foreign investors who enters the country regularly (v.g. holders of valid Schengen Visas, or beneficiaries of Visa exemption) of applying for a residence permit for pursuing investment activities by transferring capital, creating jobs or acquiring real estate.Residence holders with permits for pursuing investment activities are entitled to:Enter Portugal without the requirement of a residential visa;
Live and work in Portugal, having to stay in Portugal for a period of at least 7 days in the first year and no less than 14 days in subsequent years; Travel within the Schengen area without the need for a visa.
Who can request a residence permit for investment activities?
Third country nationals who either carry out investment activities personally or through a company that lead to, as a rule, at least one of the following situations in Portuguese territory for a minimum period of five years:
You must fit at least one of the following categories to claim Portuguese residency by investment:
- Capital transfer of at least €1 million into Portugal
- Creation of at least 10 job positions in Portugal
- Purchase property in Portugal worth at least €500,000
- Acquire real estate in Portuguese urban regeneration areas at least 30 years old to the value of at least €350,000
- If the property is in a “low-density area”, minimum requirement gets reduced to €280,000.
- Investing at least €350,000 in scientific research in Portugal
- Investments of €250,000 or more in Portuguese arts, culture, and heritage
- Investing at least €500,000 in small- and medium-sized businesses in Portugal
Portugal’s investor visa covers shareholders of companies already set up in Portugal or in another EU state with a stable residence in Portugal and tax obligations fulfilled. The investment established for the golden visa has to be maintained for a minimum of five years from the date when the Portuguese golden visa is established.