Golden Visa!
Attractive migration option to Portugal, the entry ticket to Europe for non-European foreign investors, given for the purchase of real estate in Portugal.
Here in the article we have gathered you the process, stages, costs, benefitsand investment options for obtaining the "Golden Visa" in Portugal.
So what's a Golden Visa anyway?
An immigration visa to Portugal, which offers residency and a future possibility of citizenship through capital investment in the development and rehabilitation of the country.
*The capital can be invested in a number of ways that we will detail below.
The law came into force in 2009 to assist in Portugal's reconstruction process after the great economic crisis that hit the country. Since the introduction of the law, tens of thousands of gold visas have been issued for investors and their families, with the leading countries receiving the visas being China, Brazil and Russia, with the main investment being in the purchase of real estate in Portugal.
Invested capital of over 4 billion euros.
What are the benefits of obtaining a Golden Visa?
1. 5-year residency card in Portugal
2. Work permit and stay in Portugal and 26 other countries in the Schengen area
3. Family unification of all souls close to the investor, without the need for additional investment
4. Right to apply for Portuguese citizenship after 5 years of residency in Portugal
5. Minimum stay requirement in Portugal as a condition of obtaining the visa (1-2 weeks per year)
What are the investment options for obtaining the visa?
1. THE MOST ATTRACTIVE AND DIFFICULT OPTION FOR INVESTORS AROUND THE WORLD IS THE PURCHASE OF REAL ESTATE IN PORTUGAL. IN ORDER TO QUALIFY FOR A VISA, AN INVESTMENT WORTH A MINIMUM OF EUR 500K IS REQUIRED, WITHOUT CHARGES AND BONDAGE.
THE INVESTOR CAN PURCHASE MORE THAN ONE PROPERTY, AS LONG AS THE MINIMUM INVESTMENT REACHES A TOTAL OF EUR 500K
2. Purchase of real estate of at least 30 years (for renovation and improvement) or property located in an urban rehabilitation area (ARU), with a total investment of at least 350K euros (including the cost of improvement)
3. CAPITAL INVESTMENT WITH A MINIMUM VALUE OF EUR 350K FOR R&D ACTIVITY
4. CAPITAL INVESTMENT WITH A MINIMUM VALUE OF EUR 250K FOR INVESTMENT IN ARTS AND CULTURE PRODUCTIONS
5. Establishing a company in Portugal that provides at least 10 jobs for locals
6. Transfer of capital with a minimum value of one million euros to the State of Portugal
What documents do the process need?
1. Valid passport
2. Certificate of integrity issued by the country of residence, translated and approved by a Portuguese notary (valid up to 3 months after issuance)
3. Marriage certificate (if necessary), approved and translated by a Portuguese notary (valid up to 6 months after the date of issue)
4. Birth certificate, translated and approved by a Portuguese notary (valid up to 6 months after the date of issue)
Costs related to the Golden Visa application process
In our experience, bureaucratic processes in Portugal can be long and complicated. Therefore, we strongly recommend using the services of a reliable and experienced law firm that will accompany you safely throughout the process.
For a quote for the Golden Visa process in Portugal,
You are welcome to contact us
