The Golden Visa program has been a suitable residency option for investors since 2012. It is an expeditious visa, as it involves fast procedures and approval by the country you wish to apply to. It was designed as a mutually beneficial program due to boost the Portuguese economy. This also means that it is quite simple to obtain Portuguese citizenship through investment and consequently a Portuguese passport. Once obtained you can live and work anywhere in the European Union.
Formalities:
- Not an EU, EEA or Swiss citizen.
- No convictions of crimes punishable in Portugal by more than 1-year imprisonment.
- No legal accessibility issues to the Schengen Territories.
Golden Visa Granting Requirements
This is probably the easiest way to access Portugal for visas. Make a bank deposit, buy shares in a Portuguese company or incorporate a company, pay the share capital of at least 1 million euros. Another method is to buy part of the Portuguese debt or to buy securities issued by entities based in Portugal.
Invest an amount of €280,000 or more in Portuguese property. This way of obtaining the investment visa makes it possible to acquire property(ies) or a co-ownership agreement. The investment cost varies depending on the acquisition requirements outlined in the Golden Visa scheme. These stipulate ownership of properties for various ages, types (residential or commercial), and in areas determined by the government as urban rehabilitation, beautification, or “low density areas.”
Making an investment of 500,000 euros (minimum) to an accredited institution with ongoing projects in order to benefit the national scientific and technological infrastructure may be an alternative in favor of part of the Portugal Investment Visa program.
Invest 500,000 euros (minimum) maintaining national cultural heritage or artistic production in accredited institutions that are carrying out appropriate projects.
To make an investment of at least 500,000 euros in funds regulated in Portugal aimed at the capitalization of companies. Investments (60%) of registered Portuguese companies and the maturity of the participation units should not be less than 5 years from the date of acquisition.
In addition, the same amount can be invested in the creation of your own private Portuguese company as long as it creates 5 permanent jobs and, additionally, in the investment of share capital that creates the opportunity in an existing Portuguese company to create 5 permanent jobs.
Investment Specifications
Location
- You can invest anywhere, as long as it is within the national territory.
Duration
- Investment must be kept for at least 5 years.
Structure
- Investments can be made either privately, individually or even in cooperation and also through a company. In the latter case, this must be a private Portuguese company with only one partner, and the amount is the value of the shares paid in this company.
Charges
- Free of charge the investment must be kept, as is the case with mortgages, and only the amount required without further restrictions.
Shares & Other Securities
- The issuing entity must be registered in Portugal and can be new or existing, of any type, and may or may not be listed on the stock exchange.
Real Estate
- The property can be of any type (residential, commercial, etc.), in any number, and if it is income-generating.
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