Portugal Golden Visa Program
One of the most successful immigration programs in Europe, the Golden Residence Permit Program in Portugal, grants the right to live, work and study in the country, with visa-free access within the Schengen zone ( 26 Countries).
The program provides a wide range of investment options, such as purchase of real estate for a minimum value of €280,000 - €500,000, depending on when it was built and the location (if it is within low GDP or low populated density areas).
In addition to real estate, alternative investment options are available under the program, such as capital investment of €1,500,000, or creation of at least 10 jobs.
Download here our Portugal GOLDEN VISA Guide:
Portugal Program Benefits
EU Residency
Estimated government approval in 90 days.
Entire Family are Eligible
Spouses, dependent children and parents.
Visa-free Travel
Within Schengen Zone for 90 days within any six-month period.
Low Minimum Stay Requirements
7 days during the 1st yr & 14 days during each subsequent 2yrs of residence.
EU Permanent Residency & Citizenship
Apply for citizenship after completing the 5th year.
Attractive Tax Regime
Beneficial tax regime for non-habitual residents (NHR).
Option to Let Your Property
Secure your EU residency with potential returns on your investments.
High Standard of Schooling
Access to many prestigious universities at lower EU tuition fees.
Portugal Visa free Countries
Portugal Residence by Investment Program offers visa-free access within Shenghen Zone — get visa-free access to 26 EU states, including Switzerland, Luxemburg, Italy and Germany. Go on a last-minute business trip or take your family on a spontaneous holiday in Europe
Portugal Golden Visa Costs
To be eligible for Portugal golden visa under its residency by investment program, the applicant is required to do a Real Estate Investment and a non-refundable contribution to the Government.
Real Estate Investment
Real Estate Investment through one of the Government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land. The investment and Government Fees are payable once the citizenship is approved. The non-refundable financial contribution varies depending on the number of applicants as follows:
Acquisition of Property EUR 500.000
Acquisition of Property - Subject to a 20% reduction if property EUR 400.000
is in a designated low-density population.
Acquisition of Property - More than 30 years old subject to approved EUR 350.000
renovation works.
Acquisition of Property - More than 30 years old subject to approved EUR 280.000
renovation works & in a designated low-density population area.
Initial Investor Residency Permit EUR 5.150
New Golden Visa rules for 2022
After 1st January of 2022, will be implemented new changes to the Portuguese Golden Visa Program. The majority of the Program still remains the same, but the only difference will be the eligible territories for Residential Properties acquisition.
All the others purposes, Commercial, Touristic, Logistic & Industrial continue to be unchanged;
- Real Estate Investment and the Real Estate Investment and its rehabilitation for residential purposes will be limited to properties located in the interior territories of Portugal, identified in the Annex to Ministerial Order no. 208/2017 of 13th July, and in the islands of Madeira and Azores, and will keep the same investment minimum amount:
- €500,000.00 (reduced to €400,000.00 if located in a "low density area"), or €350,000.00 (reduced to €280,000.00 if located in a "low density area").
Therefore, Real Estate Investments for residential purposes will be excluded from the Golden Visa scheme in the Lisbon Metropolitan Area, the Oeste territory, the Porto Metropolitan Area (except for the Municipality of Arouca and the parishes of Junqueira and Arões in the Municipality of Vale de Cambra) and in almost all of the Algarve territory. The exceptions in the Algarve are the Municipalities of Alcoutim, Aljezur, Castro Marim, Monchique and Vila do Bispo.
Portugal Golden Visa Legal Process
Through our Legal Partners - Martinez-Echevarria, Ferreira & Rivera International Law Firm, we're able to offer a personalised and customised follow-up of the entire investment process in order to obtain the Golden Visa.
Areas of Practice:
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Real Estate Law;
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Support to Foreign Investment;
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International Advisory Tax Litigation;
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Golden Visa;
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Non Habitual Residents;
Martínez-Echevarría, Ferreira & Rivera is a professional law firm of legal services, both for consultancy and for judicial protection, with activity developed in Spain, Portugal and Turkey for companies, families and private individuals.
The current team has more than 250 professionals, which makes Martínez-Echevarría & Rivera Lawyers a modern law office, completely adapted and prepared to give a response to the most demanding requirements for companies, both national and international, operating in Spain and Portugal.
www.martinezechevarria.pt
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