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The residence permit for investment (Golden Visa) enables third-country nationals to obtain a temporary residence permit for investment, with a long-stay visa exemption.

The Golden Visa is a temporary residence permit valid for a period of 2 years, from the date it is issued and may be renewed for successive periods of 2 years, as long as the requirements necessary for it to be granted are maintained.

Conditions:

  • Holders of a valid visa Schengen
  • The applicants must regularise their presence in Portugal within 90 days of their first entry into Portuguese (if necessary, they must obtain a short-term visa from the Portuguese Consulate in their country of origin)
  • Proof of compliance of the minimum quantitative requirements in relation to the chosen investment activity
  • The investment activity chosen by the applicant must have been made at the time the application for a residence permit is presented and the investment must be maintained for a minimum period of 5 years
  • Living and working in Portugal, on condition of staying in Portugal for a period of 7 or more days, in the first year, and 14 or more days, in the subsequent years

Types of eligible investment activities for the purpose of obtaining Golden Visa

Funds:
  • Capital transfers of at least € 500,000.00, for the acquisition of units of non-real estate collective investment undertakings, incorporated under Portuguese legislation, the maturity of which, at the time of the investment, is at least five years and at least 60% of the investment is made in commercial companies domiciled in Portugal.
Job creation:
  • Creation of 10 or more jobs*;
  • Capital transfer of € 500,000.00, or more, for the incorporation of a Portuguese company combined with the creation of five permanent jobs; or investment in an existing company combined with the creation of five permanent jobs or maintenance of ten jobs; for a minimum period of three years.
Investment in specific activities:
  • Transfer of capital equal to or greater than € 500,000.00 for investment in research activities conducted by public or private scientific research institutions involved in the national scientific or technological system*;
  • Capital transfer equal to or greater than € 250,000.00 for investment in artistic production or support for the arts, for the reconstruction or renovation of national heritage, through local and central authorities, public institutions, or eligible private organisations*.

* The minimum investment amount is reduced by 20%, for investments in low-density areas.

 

Benefits:


  • Residence visa waiver for entering Portugal;
  • Freely circulate by the Schengen countries;
  • Family reunification;
  • After 5 years, request the assignment of Permanent Residence Permit under Foreign Laws;
  • After 5 years, request Portuguese nationally, through naturalisation, complying with the requirements of the Nationality Law (Lei n. º 37/81, de 3 outubro).


 

Portugal tax residents (NHR’s included) are liable to Portugal income tax on their worldwide income from the date on which they become residents. We can prepare and file your annual tax return. The filing season opens in April and ends in June.
Contact us at info@horizonconsulting.pt

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