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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).


 

Do you know that for individual investors, cryptocurrency is currently tax free in Portugal, provided certain requisites are met? Find out more.
Contact us at info@horizonconsulting.pt

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