Investing 500.000€ or more in Portugal allows you to acquire a residence or work visa in the country and in the Schengen area.
Golden Visa or Resident Permit for Investment Activities
The Golden Visa is residence permit based on investment and technically known as « ARI » (from Portuguese meaning Residence Permit for investment). The visa is valid for one year and renewable every two years (according to laws: Lei n. 23/2007-4th July and Lei n. 29/2012- 9th August.)
What are the benefits of the ARI?
-It gives you access to temporary (or permanent) residence and work permits in Portugal and access to Schengen Area Countries (26 countries in total, including Germany, France, Italy, Spain, Belgium, Greece, Austria, Denmark, Finland, Iceland, Norway, Sweden, Switzerland, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia).
-It enables family members to benefit
-It also gives access, in the long term, to permanent residence permit and Portuguese citizenship.
Who can request the Golden Visa?
Any third country citizen (directly or via a company) as long as there is no extradition record from Portugal or from the Schengen Area countries, and no criminal record with imprisonment condemnation by Portuguese or European law, in addition to complying the ARI requirements.
How can I benefit from the Golden Visa?
You must comply with one of the following requirement for a minimum of five years:
- Create a minimum of 30 jobs;
- Transfer a minimum of 1.000.000€;
- Buy a property (one or more) with a minimum value of 500.000€, not financed by credit.
-The property acquisition alternative is simple: you have to show proof of full ownership (no credit, mortgage or other duty) of a real estate property in Portugal, and stay for at least 7 days in Portuguese territory (consecutive or not) over the first year, and 14 days over the two following years. You may rent your property for profitability mean while if wished.
Where can I request my Golden Visa?
Contact the Portuguese Immigration and Border Service (Serviço de Estrangeiros e Fronteiras-SEF).
How can HOME IN PORTUGAL assist me?
Our company has been dealing with real estate market for over 25 years; therefore it is a knowledgeable and experienced partner. We guide you through the best investment choices in order for you to make a profitable investment and benefit from the Golden Visa statute.
In the context of a 500.000€ (or above) property acquisition, we will be pleased to:
- Assist you through the Golden Visa Permit acquirement,
- Manage your property (rents, current expenses),
- Help you through the resale of your property, if wished.