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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)

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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.

Hamid Azizi
Real Estate Investment Advisor
Golden Visa Advisor

Key Benefits of a Golden Visa

Flexibility to reside outside of Portugal

even after the long term residence permit is granted. An investor can have Portuguese residence if he spends a minimum of 7 days in the first year of residence in Portugal, and 14 in each of the following 2-year periods.

Free to travel in the European Union and Schengen countries

Golden Visa holders need not apply for a visa to travel to Europe anymore.

Family reunion visa

The applicant may apply for family reunion visa to have family members also granted a Portuguese Permit. This will allow families to live, study, travel and work freely in the entire European Union.

The applicant is entitled to Portuguese citizenship

After 6 years of official residence, the applicant can request a Portuguese Passport.

Map Portugal

Portugal – Invest in a new lifestyle

Portugal has been a member of the European Union for 26 years and forms part of the European Monetary System, using the European single currency.

In 2010, the European Consumers Choice Awards rated Lisbon (capital of the country) as the “Best Destination 2010”.

And in 2011 it was voted one of the 42 cities in the world with the best quality of life, by the Worldwide Quality of Living Survey 2011.

Portugal is also one of the best countries for buying a house, because it has clear and transparent tax rules and offers facilities for obtaining residence permits. As part of new legal provisions that are more attractive to foreign investors.

We hope to provide you with up-to-date and reliable information, produced by official organisations, on all relevant matters to help you make a decision.

Conditions of the purchase of property for Golden Visa application

The purchase of a property to attain a Golden Visa can be done under the following conditions:

Property investment

The applicant needs to invest in a property (or properties) that are a sum total of €500,000 or more.

For joint ownership

Each joint owner needs to invest in property equal to or above €500,000.

Deposit

Through a promissory purchase agreement, subject to a deposit equal to or above €500,000.

Property purposes

The property might also be used for leasing or commercial, touristic and agricultural purposes.

Down payment

Buyer can apply for financing for the purchase provided the first €500,000 is remitted as down payment.

The purchase of a property must have been made at the time the application for the residence permit is presented and must be maintained for a minimum period of five years from the date the residence permit is granted. The properties acquired must be free from any charges or mortgages.