Residence Permit for Investment Activity, Golden Visa, is a program created under Portuguese law that allows citizens of countries not belonging to the European Union (EU) or the European Economic States to obtain a residence permit in Portugal, while also benefiting from free movement within the Schengen Area.
If you are interested in obtaining a residence permit via Golden Visa, Vila Mais, through its experienced team and competent legal department, provides a complete and personalized service, ensuring all stages of the process are completed successfully.
With an investment of €500,000 and in just 4 to 6 months, you can obtain a residence visa in Portugal.
Investment options for obtaining a Golden Visa:
- Capital transfer of 1,000,000 euros or more;
- Creation of at least 10 jobs;
- Acquisition of real estate worth 500,000 euros or more;
- Acquisition of properties more than 30 years old or located in urban rehabilitation areas with rehabilitation works of a total value equal to or greater than 350,000 euros;
- Capital transfers of 350,000 euros or more to national public or private scientific research institutions;
- Capital transfers of 250,000 euros or more for investment in or support for artistic production, recovery or maintenance of national cultural heritage;
- Capital transfers of 500,000 euros or more invested in the acquisition of units in investment or venture capital funds for the capitalization of small and medium-sized enterprises.
Obtaining this visa through real estate investment covers:
- Acquisition of one or more properties with a total value of 500,000 euros or more;
- Acquisition of one or more properties completed more than 30 years ago or located in urban rehabilitation areas (ARU zone), with rehabilitation works for a total amount equal to or greater than 350,000 euros.
Note: A 20% reduction in investment values is applied if the real estate assets are located in areas of low population density.
Real estate investment includes:
- Commercial or residential real estate;
- Properties acquired in joint ownership, provided that the investor's share is the minimum amount indicated;
- Properties acquired individually or through single-member private limited companies in which the investor is a partner;
- Leased properties;
- Properties encumbered in excess of the minimum investment amount.
Requirements
- The simplicity of the Golden Visa Program means that there are very few requirements for the investor.
- The Golden Visa program establishes that the investor must comply with the general requirements applicable to all types of qualified investments and also with the specific requirements of each type of qualified investment.
In general, all investors must meet the following requirements:
- Hold the investment for a minimum period of 5 years
- Funds for investment must come from outside Portugal
- Entry into Portugal with a valid Schengen visa
- Absence of references at Portuguese Immigration and Schengen Services
- No relevant criminal convictions
- Minimum stay in Portugal: 7 (seven) days during the first year and 14 (fourteen) days during each subsequent two-year period.
Holders of a Residence Permit for Investment Activity are entitled to family reunification, access to a permanent residence permit, as well as Portuguese nationality, in accordance with the provisions of the legislation in force.
This information does not dispense with consulting the legislation in force.