Golden Visa Program & Fast track to Residency Permits
The Golden Visa scheme introduced by the Portuguese Government has taken off over the past year bringing with it a series of investors ready to splurge in return for a fully valid residency permit in Portugal and a Visa to the majority of the European Union.
The simplicity of the system and the benefits of the program has been a huge attraction to the Chinese community now buying up most of the Luxury property on the Lisbon Coast but other nationalities are not far behind. For a flat investment of 500,000 Euros an investor can buy access to Europe and the best part is that they merely have to spend 7 days a year in Portugal… Just enough time to sign on the dotted line for a new house!
The attractive scheme is being snapped up by non- EU residents, for more information on ways to invest click here
The legal requirements are as follows….
Property Investments
Minimum investment of € 500,000
One or multiple properties
All property types qualify
Possibility of co-ownership
Freedom to use, rent or lease
OR
Capital Investments
Minimum investment of € 1 million
Transfer of new funds to Portugal
Funds transferred to a bank in Portugal
Freedom to invest the funds
Investment in company share possible
OR
Job Creation
Creation of a minimum of 10 jobs
No minimum investment value
No limitation on areas/activities
Compliance with Social Security obligations
General Requirements for all Investments
General Requirements
Investment maintained for a minimum period of 5 years
Funds for investment should come from abroad
Residency application only approved after investment
Entry in Portugal with a valid Schengen visa
Absence of flags in Portuguese Immigration and Schengen services
Absence of conviction of relevant crime
Possibility of grants/incentives/benefits
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