Golden visa in Portugal

Portugal Portugal
Process duration: from 12 months
Costs: from
€280,000
;

About the program

"Golden Visa" is a program for obtaining a special residence permit for investment in Portugal.  

The first "Golden Visa" is granted for two years and is renewed twice afterwards for another two years. After five years of holding the residence permit, the investor can apply for Portuguese citizenship or permanent residence permit. During this time, the investor is obliged to stay in Portugal for at least 14 days every two years of holding a Golden Visa. Portuguese law allows dual citizenship, so the investor can keep their first citizenship.

Benefits
Process duration
Process duration
from 12 months
Costs
Costs
from
€280,000
Investment Options
Purchase a property Purchase a property
Residential property ● 500,000 euros in residential properties in the Portuguese hinterland and Madeira. ● 400,000 euros residential properties in the Portuguese hinterland and the Azores with low-density. ● 350,000 euros in residential real estate in urban rehabilitation areas, or in real estate over 30 years old in inner regions of Portugal and Madeira. ● 280,000 euros in real estate located in urban rehabilitation areas or in real estate over 30 years old in low-density residential areas in the inner regions of Portugal and the Azores.
280000.00 EUR
Purchase a property Purchase a property
Non-residential property (any real estate with non-residential licence) ● 500.000 euros in commercial real estate. ● 400.000 euros in commercial properties on the territory with low population density. ● 350,000 euros in commercial properties located in urban rehabilitation areas or properties over 30 years old ● 280,000 euros in commercial properties located in urban rehabilitation areas or properties over 30 years old if these properties are located in areas of low population density.
280000.00 EUR
Additional expenses
● Tax on the purchase of real estate. It is paid once at the time of purchase and is based on a formula that takes into account the purchase amount and the amount of the cadastral value. This tax is 3-5% of the higher of the two amounts. In the case of commercial real estate, this tax is 6.5%. ● Stamp duty on purchases is 0.8% of the higher of the two amounts (see above). ● Lawyer's fees are calculated for the principal applicant and each family member applying for a Golden Visa for family reunification. The amount for the lawyer's services depends on the number of family members applying. €7500 for the principal applicant and €2500 for each additional family member. Lawyers’ services are paid in this way: ➔ 20% at the time of signing the contract with the lawyers (at which point the lawyers start the process of opening a tax number and bank account); ➔ 20% after making the investment; ➔ 20% after obtaining the Golden Visa residence permit; ➔ 20% after the 1st extension of the residence permit; ➔ 20% after the 2nd extension of the residence permit. Our customers can also pay the entire amount in one transaction and receive a 15% discount. ● State fees are the cost of a residence permit card for each family member. State duty is €12250 per applicant, spread over a period of 5 years. Most of this amount is paid in the first year, about 50%. About 25% is paid after 2 years during the renewal of the residence permit. And about 25% is paid after another 2 years during the second renewal. 12250.00 EUR
Applicant requirements

Minimal investment 280 000 €

  • Applicants must not have the nationality of any EU country.
  • Applicants must not have been convicted of a crime punishable by more than one year's imprisonment.
  • Applicants must not be barred from entering the national territory and/or the Schengen Area, at the time of processing the Golden Visa.
Documents
  • In the case of an investment in real estate, you must have:
  • Proof of ownership of the property.
  • A public deed or bill of sale contract for the property, with a declaration by an authorised financial institution to carry out its activities in Portugal, indicating the actual transfer of capital for its acquisition.
  • A valid certificate issued by the Registry of Real Estate, which must always be, in the case of a deed of promise.
  • Additionally:
  • Confirmation of the residence address of the principal applicant
  • Criminal record certificate
  • Tax number of the country of residence
  • Tax number in Portugal

“Golden Visa” for family members

The applicant is eligible to apply for a Golden Visa for the whole family, but there are certain conditions such as family ties, age, marital status and so on. The following are the conditions under which an applicant can apply for a Golden Visa for their family members:

  • Spouse:

If you are legally married or in a concubinage. In the case of a concubinage, it is necessary to provide evidence such as: common children, common property, common bank account.

  • Children:

Children under the age of 18 are automatically granted a Golden Visa, after the age of 18 - if the children are currently studying in university, unmarried and dependent on the applicant.

  • Parents:

Parents of any spouse are automatically granted a Golden Visa if they are over 65 years old. Parents under 65 years old require proof that they are dependent on the applicant, such as: the parents' registration at the applicant's address, statements of monthly transfers to the parents' account, health certificate, etc.

  • Siblings:

Siblings of either spouse may be granted a Golden Visa if they are under the age of 18 and are dependent on the applicant.

In this case, a court decision must be submitted to award custody of the minor relative.

Stages of obtaining the program
Obtaining a tax number in Portugal
from 1 month
Issuing process from 3 days.
Account opening at a Portuguese bank for the main applicant
from 1 month
The deadline may vary.
Selection and purchase of property suitable for the program.
from 1 month
Submission of documents for residence permit, payment of state duties.
from 1 month
Filing biometrics in the Portuguese Immigration Service.
from 1 month
Obtaining your first residence permit for 2 years.
from 1 month
Rights and obligations after receiving

Move freely within the EU;

Rent out the acquired real estate;

Have access to free education and health care;

Work in Portugal and run your own business;

Apply for citizenship or permanent residence permit after 5 years of holding a residence permit.

 

Consulting company license: 14719-AMI
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