When it comes to Residence by Investment (RBI), Portugal is an increasingly popular destination. Whether it be the allure of the picturesque beaches of the Algarve or the cultural hotspots of Lisbon, it’s proving to be the perfect place for investors to settle down and enjoy the finer things in life.
Portugal also boasts an exotic array of suburbs and cities to reside in – each with its rich heritage, bustling atmosphere, and stunning cuisine.
What’s more, non-native Portuguese residents can make use of the Non-Habitual Resident Tax exemption, which exempts up to 100% of income from Portuguese tax. This makes it very an attractive haven for tax-savvy investors.
It’s also the perfect place to raise a family with long summers and well-respected local and international schools.
Global investors need to obtain a Portuguese Golden Residence Permit to live in the country.
Everything you need to know about Portugal’s Golden Visa
If you’re looking to reap the rewards of Portugal’s Golden Visa, you’ll need to make sure you meet the financial and personal criteria.
Firstly, you must be over the age of 18 and have a clean criminal record to be considered. The benefits of the Golden Visa program also extend to your dependent family members (e.g., spouse and children), who must also be able to provide a clean criminal record to join you for your stay in the beautiful European hotspot.
To qualify for the entire 5-year stay, you’ll also need to spend an average of at least seven days per year in the country.
There is also an apparent financial commitment required. However, candidates also benefit from flexibility in their financial requirements, and there are plenty of ways investors can choose to pledge their funds.
Investment requirements for the Golden Visa
To be considered for a Portuguese Golden Visa, you’ll typically have to choose one of three routes – investments in goods, services, and cultures, business investment, job creation, or real estate.
Specifically, the investment criteria are as follows:
Investing in a property worth a minimum of €500,000 – or €400,000 in some areas. The Portuguese government is encouraging moves to low-density regions, so the investment amount has been lowered to €400,000 for these areas.
Purchase a property worth €350,000 in an urban Portuguese regeneration area. Again, the investment threshold in low-density regions has been reduced to €280,000.
Put a minimum of €350,000 into a qualifying investment fund. Investment opportunities are often reviewed and chosen by Portuguese CMVM (Securities Market Commission). This is often used to give tech start-ups or venture capital real estate investment firms a financial boost.
Provide evidence of a capital transfer totaling at least €1 million in a Portuguese bank account or invest the same amount in local company shares.
Invest €1 million directly into a Portuguese company or organization.
Create a minimum of ten jobs for Portuguese workers.
Invest at least €350,000 towards creating a brand-new commercial venture or shore up the capital reserves of an existing company. You’ll also need to provide evidence that your investment created at least five full-time jobs if you choose this route.
Donate or invest €350,000 towards technology and science research. These can be either private or public scientific research institutions.
Contribute at least €250,000 to support the arts sectors or the restoration of national artifacts.
Necessary: subtle changes have been made to the Golden Visa as of January 2022. You may not qualify if you purchase properties within the metropolitan areas of Lisbon or the Algarve as the government aims to spread wealth and opportunity to the less populated regions in Portugal.
Investor benefits of the Portuguese Golden Visa program
Enjoy
a range of attractive benefits with a Golden Visa, including:
A Portuguese Golden Visa gives you and your family the right to live, work, and study in the country, as well as full access to medical care. So, your children have access to the nation’s esteemed education system.
Staying in the country for seven days on average per year is enough to let you keep your resident permit – you don’t have to live in Portugal full-time. This offers plenty of time to travel home or worldwide for business and pleasure.
After completing six years of the Golden Visa scheme, holders are eligible for full Portuguese citizenship.
The Golden Visa immediately gives you free access to all countries in the Schengen area. And once you become a Portuguese citizen, you instantly gain visa-free or visa on arrival access to 188 countries, including all EU nations.
The Golden Visa scheme doesn't just offer a simple route to a residence in Portugal; it provides the potential for a lucrative investment. Real estate and commercial venture investments in the country can yield significant ROI.
Additional benefits of the Golden Visa Program
In addition to the broad range of benefits that investors inherit from the program, the scheme also provides an array of advantages for Portugal, including:
Growing the economy ¬– the attractive scheme entices investors to fund growing enterprises that re-energize local economies and facilitate job creation.
New employment opportunities – with the Golden Visa program fuelling rapid growth through investment, Portuguese locals are likely to benefit from higher-paying employment opportunities.
Addressing regional wealth inequalities – by redirecting wealth to more rural suburbs and incentivizing investment in areas outside of the rich Algarve or the capital, more Portuguese citizens will benefit from economic growth.
Additional considerations before applying for a Golden Visa
How long will my application take?
Granted, you meet the eligibility criteria and can provide evidence of your wealth; you'll typically receive your Golden Visa within 3-6 months of submitting your application.
Depending on your home country, there may be additional delays with documentation. Certain countries also have lower admission caps, potentially increasing delays for some applicants.
What do I need to apply?
To qualify for all the rewards on offer with the Portuguese Golden Visa, you’ll need the following documents:
• A completed Portugal Visa Application Form. You can download this from the Portuguese Visa portal.
• A valid passport.
• Two passport pictures that follow the Portugal visa photo requirements.
• Proof of legal and valid health insurance procured in Portugal.
• Provide evidence that you don’t have a criminal record. For any country you’ve lived in longer than a year, you’ll need to secure a valid certificate from the authorities.
• A written statement swearing that you will maintain your investment for a minimum 5-year term.
• Payment receipt from the ARI portal.
• Evidence of investment.
What happens if my application is rejected?
In the unfortunate situation that your visa is rejected, you can appeal the decision through Portugal’s Immigration and Border Service (SEF).
It may be due to a mistake in the application form, missing documents, or an issue with tracing your funds. You can likely fix your application by amending the mistakes if everything else is in order, but you’ll still have to go through the appeals process.
For information on how RK Global Fortune Consulting can guide you through the application every step of the way and help you when it matters most, contact us today.
Enquiry
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Residence by Investment in Portugal
Do you dream about a luxury move overseas?
When it comes to Residence by Investment (RBI), Portugal is an increasingly popular destination.
Whether it be the allure of the picturesque beaches of the Algarve or the cultural hotspots of Lisbon, it’s proving to be the perfect place for investors to settle down and enjoy the finer things in life.
Portugal also boasts an exotic array of suburbs and cities to reside in – each with its rich heritage, bustling atmosphere, and stunning cuisine.
What’s more, non-native Portuguese residents can make use of the Non-Habitual Resident Tax exemption, which exempts up to 100% of income from Portuguese tax. This makes it very an attractive haven for tax-savvy investors.
It’s also the perfect place to raise a family with long summers and well-respected local and international schools.
Global investors need to obtain a Portuguese Golden Residence Permit to live in the country.
Everything you need to know about Portugal’s Golden Visa
If you’re looking to reap the rewards of Portugal’s Golden Visa, you’ll need to make sure you meet the financial and personal criteria.
Firstly, you must be over the age of 18 and have a clean criminal record to be considered. The benefits of the Golden Visa program also extend to your dependent family members (e.g., spouse and children), who must also be able to provide a clean criminal record to join you for your stay in the beautiful European hotspot.
To qualify for the entire 5-year stay, you’ll also need to spend an average of at least seven days per year in the country.
There is also an apparent financial commitment required. However, candidates also benefit from flexibility in their financial requirements, and there are plenty of ways investors can choose to pledge their funds.
Investment requirements for the Golden Visa
To be considered for a Portuguese Golden Visa, you’ll typically have to choose one of three routes – investments in goods, services, and cultures, business investment, job creation, or real estate.
Specifically, the investment criteria are as follows:
Necessary: subtle changes have been made to the Golden Visa as of January 2022. You may not qualify if you purchase properties within the metropolitan areas of Lisbon or the Algarve as the government aims to spread wealth and opportunity to the less populated regions in Portugal.
Investor benefits of the Portuguese Golden Visa program
Enjoy a range of attractive benefits with a Golden Visa, including:
Additional benefits of the Golden Visa Program
In addition to the broad range of benefits that investors inherit from the program, the scheme also provides an array of advantages for Portugal, including:
Additional considerations before applying for a Golden Visa
How long will my application take?
Granted, you meet the eligibility criteria and can provide evidence of your wealth; you'll typically receive your Golden Visa within 3-6 months of submitting your application. Depending on your home country, there may be additional delays with documentation. Certain countries also have lower admission caps, potentially increasing delays for some applicants.
What do I need to apply?
To qualify for all the rewards on offer with the Portuguese Golden Visa, you’ll need the following documents: • A completed Portugal Visa Application Form. You can download this from the Portuguese Visa portal. • A valid passport. • Two passport pictures that follow the Portugal visa photo requirements. • Proof of legal and valid health insurance procured in Portugal. • Provide evidence that you don’t have a criminal record. For any country you’ve lived in longer than a year, you’ll need to secure a valid certificate from the authorities. • A written statement swearing that you will maintain your investment for a minimum 5-year term. • Payment receipt from the ARI portal. • Evidence of investment.
What happens if my application is rejected?
In the unfortunate situation that your visa is rejected, you can appeal the decision through Portugal’s Immigration and Border Service (SEF). It may be due to a mistake in the application form, missing documents, or an issue with tracing your funds. You can likely fix your application by amending the mistakes if everything else is in order, but you’ll still have to go through the appeals process.
For information on how RK Global Fortune Consulting can guide you through the application every step of the way and help you when it matters most, contact us today.
Enquiry
Top-Tier Residence Programs
UK
The UK is a highly desirable destination for Residence by Investment, with its rich culture in entertainment, food and drink, and leisure. Plus, its world-class education system makes it the perfect place to raise a family – with many universities that are the envy of the world..
Portugal
When it comes to Residence by Investment (RBI), Portugal is an increasingly popular destination. Whether it be the allure of the picturesque beaches of the Algarve or the cultural hotspots of Lisbon, it’s proving to be the perfect place for investors to settle down a...
Spain
Spain, for many favorite touristic destinations – is much more than that. It is a strategically positioned country with its unique vibe, pleasant climate, quality standard of living, and rich history. Its competitive economy provides a sustainable investment
Malta
Considered one of the most attractive touristic destinations, Malta attracts many international investors and high-net-worth individuals. Reasons for choosing Malta are many, but among the most considered ones are pleasant climate, friendly people
Greece
Greece is known as a country full of history and economic and political ups and downs. However, its centuries-old economic, political, and touristic structure maps this country to the list of the most desired and affordable residency locations in Europe.
Cyprus
With 320 sunny days of sunshine a year, Cyprus falls among the sunniest European locations. Stunning beaches, Mediterranean climate, and quality of lifestyle are just some of many reasons to choose Cyprus as your permanent home in Europe.