Immigration

Golden Visas

For whom it is intended:

It is aimed at foreign citizens who wish to invest in Portugal and, through this investment, obtain a residence permit.

Requirements:

In order to obtain a Gold Visa, the investor must, among other things, prove that it has made one of the following investments:

 

Acquisition of property

  • Acquisition of property with a price equal to or greater than 500,000 euros (the investment amount can be reduced to 400,000 euros in low-density areas); and
  • Acquisition and rehabilitation of properties worth 350,000 euros or more (the investment amount can be reduced to 280,000 euros in low-density areas)

 

Note: In this type of investment, the Applicant can apply for bank finance to fund the surplus part of the investment and can monetise it by renting out the property for residential, commercial, tourist or agricultural purposes.

Property investment in residential real estate is limited to a few regions of the country.

 

Job creation

  • Creation of at least 10 jobs (the number can be reduced to 8 jobs in low-density territories).

 

Note: The company may already exist or be incorporated, as long as it is in Portugal or another EU country and has a permanent office in Portugal.

Transfer of capital

  • Capital transfers of 1.5 million euros or more;
  • Capital transfers totalling 500,000 euros or more for the acquisition of units in investment or venture capital funds;
  • Capital transfer of 500,000 euros or more applied to scientific research activities (the amount of the investment can be reduced to 400,000 euros in low-density territories); and
  • Transfer of capital totalling 250,000 euros or more applied to artistic production activities or the recovery/maintenance of Portuguese cultural heritage (the amount of the investment can be reduced to 200,000 euros in low-density territories).
  • Transfer of capital in an amount equal to or greater than 500,000 euros, intended for the incorporation of a commercial company with its registered office in Portugal, combined with the creation of five permanent jobs, or for the increase of the share capital of a commercial company with its registered office in Portugal, already incorporated, with the creation or maintenance of jobs, with a minimum of five permanent jobs, and for a minimum period of three years.

 

Note: Low-density territory: these are municipalities with fewer than 100 inhabitants per square kilometre or with a gross domestic product (GDP) per capita of less than 75 % of the national average.

Process:

Once you have made your investment and collected all the necessary documentation for submitting the process, the next stages are:

  1. Submission of the application via the online platform;
  2. After SEF has analysed your application, if it is approved, you will be given the opportunity to book an interview at a SEF office;
  3. At the interview, the Applicant must be present to have their biometric data taken (photograph, fingerprints and signature);
  4. After a new SEF analysis, if the process is approved, the residence card will be duly issued.

 

The time needed to complete the process may vary depending on several factors, namely the issue of documents needed to submit the application and SEF’s availability to make appointments.

The Gold Visa provides for a total investment period of five years, with an initial duration of two years, which can be renewed for two two-year periods, for which the maintenance of the investment must be proven and the minimum periods of stay in Portugal must be respected.

 

The Applicant is required to prove that the minimum period of stay in Portugal has been fulfilled:

  • Seven days, consecutive or interpolated, in the first year;
  • Fourteen days, consecutive or interpolated, in the remaining two-year periods.

 

During the five years of the Programme, the Applicant must maintain the investment it has made, although it may be changed under certain circumstances.

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