Holders of a Golden Visa essentially have a Portugal residence permit which allows them access to the Europe Schengen area.
Without the need of any additional visa and can enjoy long term residency in Portugal.
To apply for a Golden Visa, there needs to be proof that the applicant has made a purchase of ANY type of real estate in Portugal of at least €500,000.
The Golden Visa is originally issued for one year and then renewed for successive periods of two years.
Providing that the requirements of the investment activity as well as the following minimum stay periods in Portugal are maintained.
There are a number of ways to get a Golden Visa in Portugal; bellow you can find the different options:
- Capital transfer of at least EUR 1 million into Portugal
- The creation of at least 10 job positions in Portugal
- The purchase of real estate property in Portugal worth at least EUR 500,000
- The purchase of real estate property in Portuguese urban regeneration areas at least 30 years old to the value of at least EUR 350,000
- Investment of at least EUR 350,000 in scientific research in Portugal
- Investment of at least EUR 250,000 in Portuguese arts, culture and heritage
- Investment of at least EUR 500,000 in small and medium businesses in Portugal.
- Invest at least 350,000€ in an investment fund (not real estate fund directly)
Along with the Portuguese golden visa application, you will need to submit the following documents:
- Passport or valid travel ID
- Proof of legal entry into Portugal (eg. Schengen short-stay visa)
- Proof of health insurance (issued within the last three months)
- Criminal record certificate from country of origin/residence (issued within the last three months)
- Evidence of compliance with tax and Social Security obligations
- Receipt of payment of the Portuguese golden visa fees.
In addition to this, applicants need to show commitment to maintain their investment for a minimum of five years, plus evidence of their investment, for example:
- a bank statement for financial investment
- employment contracts for job creation
- Deeds of purchase for real estate investment.
Real Estate Investment Advisor
Golden Visa Advisor