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Activities qualifying for a Golden Visa

Any activity performed by an individual or a company is considered an investment activity if it leads to at least one of the following situations in Portugal:

 

1) Transfer of capital equal to or greater than 1 million euros*:

The applicant must prove that the minimum investment amount was complied with; investment in shares or stakes of companies with head office in Portugal or any other EU Member State are considered acceptable. 

This proof must be given through a statement from a financial institution attesting to the actual transfer of capital to an account where the applicant is the only or main holder or for acquisition of shares or stakes in companies, along with the updated certificate of commercial registry attesting to ownership of a stake in the company.

*1.5 million euros in the case of applications submitted as from 1 January 2022

 

2) Creation of a minimum of 10 jobs:

The applicant must prove that 10 jobs were created and the employees must be registered with social security. This requires submitting an updated Social Security certificate.

 

3) Acquisition of real estate with a value equal to or greater than 500,000 euros*:

The applicant must prove they are the full owner of the real estate property by submitting an updated certificate from the land registry.  The applicant may acquire the real estate property via joint ownership as long as each joint owner invests an amount equal to or greater than 500,000 euros and he can burden it as of an amount greater than 500,000 euros. A duly registered promise to purchase with a deposit equal to or greater than 500,000 euros shall be sufficient. After acquisition it can be rented out or managed for commercial, agricultural or tourism purposes;

* From January 1, 2022 only properties located in the Autonomous Regions of Madeira, Azores and some inland regions will be eligible.

 

4) Acquisition of real estate property whose construction has been concluded at least 30 years ago or which is located in an urban rehabilitation area and rehabilitation works have taken place on the acquired real estate property to a total value which is equal to or greater than 350,000 euros*;

* From January 1, 2022 only properties located in the Autonomous Regions of Madeira, Azores and some inland regions will be eligible.

 

5) Transfer of capital equal to or greater than 350,000 euros*, which is used for the purpose of research activities conducted by public or private scientific research institutions that are part of the national scientific and technological system;

*500,000 euros in the case of applications submitted as from 1 January 2022

 

6) Transfer of capital equal to or greater than 250,000 euros, which is used to invest in or support artistic production or recovery or maintenance of national cultural heritage via direct, central and peripheral administrative services, public institutes, entities that are part of the corporate public sector, public foundations, private foundations with a public utility status, inter-municipal entities, entities that are part of the local corporate sector, associative municipal entities and public cultural associations that take part in artistic production and recovery or maintenance national cultural heritage;

 

7) Capital transfers in the amount equal to or greater than 350 thousand Euros*, aimed at the acquisition of participation units in investment funds or venture capital funds focused on the capitalization of companies, which are incorporated under the Portuguese legislation, whose maturity, at the time of the investment, is of at least five years and at least 60% of the value of the investments is made in commercial companies based in national territory.

*500,000 euros in the case of applications submitted as from 1 January 2022

 

8) Transfer of capital in the amount equal or superior to 350 thousand euros*, aimed at the incorporation of a commercial company with head office in national territory, combined with the creation of five permanent jobs, or to increase the share capital of a commercial company with head office in national territory, already established, with the creation or maintenance of jobs, with a minimum of five permanent jobs, and for a minimum period of three years.

*500,000 euros in the case of applications submitted as from 1 January 2022

 

Other conditions or requirements for the Golden Visa in Portugal:

  • The investment activity must be maintained for at least 5 years as of the time the residence visa has been granted;
  • This authorization of residence can be renewed for two periods of two years, and the applicant needs to remain in Portugal for seven consecutive or non-consecutive days during the first year and fourteen consecutive or non-consecutive days during the subsequent periods of two years.

How we help our clients

NEWCO is an inward investment services provider specialized in the implementation of foreign investment in Portugal and Malta. With 30 years of experience and know how, we help our clients maximize the opportunities and minimize the risks of operating in a new country, allowing them to stay focused on their business. Contact us to find out how we can help you invest or relocate into Portugal, including Madeira, or Malta.

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