Golden Visa
Residence by Investment - visa-free access to the Schengen Area
A 5-year residence by investment programme, the Golden visa programme gives individuals the right to work, live and study in Portugal - as well as the freedom to travel across Europe. Following a 5-year period, you will be able to apply for full citizenship.
There are three options to choose from when applying for a Golden visa; capital transfer, property acquisition and business investments.
Gaining residency
To maintain your residency permit, you have to be in Portugal for a minimum of 7-days within the first year. Following this, it is 14-days for every subsequent 2-year period. After you have maintained your residency permit for five years in total, you can apply for Portuguese citizenship or permanent residency.
Investment options
To become eligible for the Golden visa in Portugal, you need to make one of the following investments:
Purchase real estate worth €500,000
Invest €350,000 into a property within an urban regeneration area
Transfer €1-million into a Portuguese bank account
Make/buy shares of €1-million into a Portuguese company
Create at least 10 new jobs for local citizens
Invest at least €350,000 for research activities into science or technology
Invest at least €250,000 to support the reconstruction of Portuguese heritage or arts
Frequently Asked Questions
What are the investment types for the Portuguese Golden Visa?
There are three main investment types for a Golden Visa, they include:
- Property: purchasing a property – for you to either live in, rent out or turn into a commercial opportunity – to the value of €500,000. On occasion, you can purchase a property to the value of €350,000, but this is only under certain circumstances so please check with our experts for more information.
- Employment creation: to qualify for this option you need to be able to establish and run a company; while creating 10 brand new and full-time job opportunities. You will always need to employ at least 10 full-time employees; for a minimum of 5-years (which is the qualifying time to become a resident of Portugal). The business should also be a Limited company (LDA), and there should be a single owner.
- Investment: there are a number of investment opportunities where you need to invest at least €500,000 into Portugal. Such investment opportunities include real estate, an investment fund, capital transfer to increase shares of a company, investment into a Scientific and Technological Research programme and more. Speak to our experts to find out what other options are available to you.
How many days a year will I have to spend in Portugal?
You will only have to stay in Portugal for 7-days in total throughout the first year of your Golden Visa. From year 2, you will be required to spend a minimum of 14-days and from year three, 21-days. . You can travel wherever you want for the rest of the year. This includes the Schengen area.
What countries are in the Schengen area?
There are currently 26 countries in the Schengen area, they are: Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Slovakia, Spain, Sweden and Switzerland.
How long will it take to be issued the Golden Visa?
Timelines on Portuguese visas can vary case by case; however, RHJ Law typically aims to aid you in completing your Golden Visa application within 6-months of applying. If you’re ready to get started with your visa process then why not complete our quick and easy form above or contact us to learn more.
When will I become eligible for a Portuguese passport?
You will have to have been a resident in Portugal for at least 5-years before you can apply for full Portuguese citizenship.
Why not read our blog “Portuguese Passports: The ultimate guide” to learn more.
Can I read more?
Yes! Download our free brochure to learn more about moving to Portugal; or request to book a free consultation with our experts to learn more and apply for your Golden Visa.
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