Immigration in Portugal

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The Portuguese Golden Visa

The rules governing the granting of Residence Permit for Investment (Golden Visa Portugal) enable third country nationals to obtain a temporary residence permit (Golden Visa) to live, work and study in Portugal. The application is done at SEA ( Serviço de Estrangeiros e Fronteiras).

The beneficiaries of the Portuguese Golden Visa residence permit are entitled to:

Visa exemption for traveling within the Schengen Area.

Live, study and work in Portugal.

Family reunification.

Ability to renew the Portuguese Golden Visa by spending a total of 14 days in Portugal during the validity of the Golden Visa (residence permit). This means the investor may continue living in his home countrry and will not be considered tax resident in Portugal.

Applying for a specific golden visa investor permanent residency.

Applying for Portuguese citizenship after 5 years of legal residence.

Eligibility – Who may apply?

All third country citizens who conduct an investment activity, as an individual businessperson or through a company set up in Portugal and who fulfill the quantitative and qualitative requirements. They may apply for the Portuguese Golden Visa by one of the following routes:

a) Capital transfer with a value equal to or above 1.5 million Euros

b) The creation of, at least, 10 job positions.

c) The purchase of real estate property with a value equal to or above 500 thousand Euros.

d) The purchase of real estate property, with construction dating back more than 30 years or located in urban regeneration areas, for refurbishing, for a total value equal to or above 350 thousand Euros.

e) Capital transfer with a value equal to or above 350 thousand Euros for investing in research activities conducted by public or private scientific research institutions involved in the national scientific or technological system.

f) Capital transfer with a value equal to or above 250 thousand Euros for investing in artistic output or supporting the arts, for reconstruction or refurbishment of the national heritage, through the local and central authorities, public institutions.

g) Capital transfer of the amount of 500 thousand Euros, or higher, for the acquisition of units of investment funds or venture capital fund of funds dedicated to the capitalization of companies.

h) Capital transfer of the amount of 350 thousand Euros, or higher, for constitution of a commercial society with head office in the national territory, combined with the creation of five permanent working jobs.

Portuguese, EU and EEE nationals are not eligible for the ARI / Golden Visa scheme.