GOLDEN VISA

GOLDEN VISA

GOLDEN VISA

Portugal Golden Visa is a very popular residency by investment program. In January 2022 the Portuguese Parliament passed a law aiming to modify the Portuguese Golden Visa program and encourage investment and growth in low-density areas, thereby creating new jobs and opportunities in interior regions.

Those interested in purchasing a home for Golden Visa must now buy in the low-density areas of Portugal to qualify. This means that purchasing residential property in Lisbon, Porto, or the Algarve is no longer valid for Golden Visas.

However, investment properties do still qualify in these restricted areas.

Generally, investments are made in units that are built for touristic purposes such as hotels, resorts, or short/term leasing operations. There are different investment opportunities depending on the property. Some of these properties offer a guaranteed return or guaranteed buy-back with vacation weeks included. The minimum entry level for this type of Golden Visa is 280k to 350k and can be purchased anywhere in Portugal, including Lisbon, Porto and Algarve.

To obtain the Golden Visa

• Must be a non-European Union citizen
• Investment in Portugal through residential, investment, or tourism real estate, create jobs, or capital transfer. This must be done before submitting the application for Golden Visa
• Retain investment for a minimum period of five years
• Requires a minimum stay of 7 to 14 days, depending on type of investment
• The Golden Visa is valid for a period of 2 years from the date of issue and may be renewed for a successive periods of 2 years, provided that the initial conditions for its issuance are maintained. The applicant is required to comply with the minimum periods of stay in Portugal, on average, 7 days a year.

*Note: In view of the current situation of war in Ukraine, the granting of Golden Visa to Russian and Belarusian citizens is
suspended.

• Freely enter and stay in Portugal
• Travel to other countries within the Schengen area without the need of a visa
• Family reunification
• Non-habitual residency status in Portugal
• Portugal/E.U. Passport

• Individual
• Co-ownership scheme - the Golden Visa applicant must invest an amount equal or greater than the minimum investment of €280.000
• Limited Liability Company of which the applicant is partner. The head office must be located in Portugal or in another Member State of the European Union

• Acquisition of Real Estate with a value of €500.000, or more. The value of the investment can be reduced to as low as €350.000, in low density areas.
• Acquisition of a property, construction of which has been completed for at least 30 years or in an urban area on a property that requires rehabilitation works of acquired asset in the amount of €350,000. Investment value can be reduced to 280 thousand euros in low-density territories.

Note: Low density areas are municipalities with less than 100 inhabitants per km2 or with a gross domestic product (GDP) per capital with less than 75% of the national average.

• Acquisition of Real Estate with a value of €500.000, or more. The value of the investment can be reduced to as low as €350.000, in low density areas.
• Acquisition of a property, construction of which has been completed for at least 30 years or in an urban area on a property that requires rehabilitation works of acquired asset in the amount of €350,000. Investment value can be reduced to 280 thousand euros in low-density territories.

Note: Low density areas are municipalities with less than 100 inhabitants per km2 or with a gross domestic product (GDP) per capital with less than 75% of the national average.

• Acquisition of Real Estate with a value of €500.000, or more. The value of the investment can be reduced to as low as €350.000, in low density areas.
• Acquisition of a property, construction of which has been completed for at least 30 years or in an urban area on a property that requires rehabilitation works of acquired asset in the amount of €350,000. Investment value can be reduced to 280 thousand euros in low-density territories.

Note: Low density areas are municipalities with less than 100 inhabitants per km2 or with a gross domestic product (GDP) per capital with less than 75% of the national average.

The new rules will be applicable to all Golden Visa applications submitted after 1st January, 2022.

The new rules do not apply when:
Renewing residence permits
Granting or renewing residence permits for family reunification when the Golden Visa has been granted under the legal regime applicable until 1st January 2022

The new rules will be applicable to all Golden Visa applications submitted after 1st January, 2022.

The new rules do not apply when:
Renewing residence permits
Granting or renewing residence permits for family reunification when the Golden Visa has been granted under the legal regime applicable until 1st January 2022

The new rules will be applicable to all Golden Visa applications submitted after 1st January, 2022.

The new rules do not apply when:
Renewing residence permits
Granting or renewing residence permits for family reunification when the Golden Visa has been granted under the legal regime applicable until 1st January 2022

Portugal offers the coveted European life - on a more surprisingly and affordable great location with amazing weather, complemented with fantastic job opportunities, education and health while in Europe.

Portugal is the oldest country in Europe where residents enjoy a European lifestyle at an affordable price. Known as The Gateway to Europe, it is geographically well located, with a climate that offers 300 days of sunshine on average with moderate temperatures throughout most of the country.

Rated 6th on the Global Peace Index of Safest countries in the world.

Ranked 17th At The 2021 World Index of Healthcare Innovation.

Ranked in 4th place as the Best place for expats to live among the top 10 countries by InterNations, with Lisbon ranking as one of the top 5 cities in the world with the Best Quality of Life Abroad.

With its large coast line, Portugal is recognized as a culinary paradise for fresh seafood and farm to table produce

Relaxed Lifestyle.

Widespread use of the English language.

Pleasant climate with enormous biodiversity - mountain ranges, magnificent beaches, the larget Urban Forrest in Europe, arid land and verdant vinyards.