• Golden Visa Residence Permit Portugal & EU
     

What is the Golden Visa ?
The Portuguese government is welcoming foreign investments in real estate, companies etc.
Therefore they created the GOLDEN VISA.

The Portugal Golden VISA is Permit attractive for investors who would like to enjoy the quality of life, great weather and safety that Portugal has to offer but also take advantage of being part of the European Union without being obligated to reside permanently in Portugal. The Golden Residence Permit has been in effect since August 2012. Portugal is a very attractive option for non-EU citizens who also wish to provide families with a wonderful opportunity in education and lifestyle.
 
 
 
 

FAQ - Frequently asked questions about Golden visa

Should I have a personal bank account and TAX number in Portugal? Can you open it for me? Yes. It is necessary. We can open it for you through a power of attorney. So you just need to be in Portugal for applying for VISA. 

Is it possible to make property investment in co-ownership? Yes, the property can be acquire in co-ownership, if each co-owner making an investment of a minimum of 500 thousand euros. 


Do I have to pay taxes and fees for purchasing real estate in Portugal? Yes. The taxes related with property are IMT, IMI and IS. You also have to cover the Notary fees and Real Estate registration fee.
For more specific information about taxation rates please
 get in touch with us. 

If an investment was made before the publishing of a new law, can the investor still apply for the residence permit? The Golden Residence Permit Programme is applicable only for the investments made after the law is in force. In this case the law has taken effect from the date of 8 October 2012. 

How long will it take to make a decision regarding the residence permit? Since this procedure is new, the exact time for the approval is yet unknown. However, the general rule regarding the time for a decision from the Portuguese Administration is less than  45 days.


What kind of document does applicant get if his / her residence permit is approved? The applicant will obtain a residence permit authorization card, which will serve as an ID or traveling document and will correspond for ID purposes in Portugal and other European Union countries. 

What rights does a resident of Portugal have? A person authorized to live in Portugal, has the right to educationmaintain professional activity,health care, and justice system

Which kind of identity do children who were born in Portugal have? Children born in Portugal can apply to Portuguese nationality.

 

Is there a limitation of family members? No. 

Can you explain who is considered member of the family? The spouse. Minors or children who are under guardianship of the couple or of one of the spouses. Minors adopted by an unmarried applicant, by a married applicant or by the spouse, Children who are of age and of whom the couple or one of the spouses is in charge, that attend a teaching institution. Progenitors in the first ascending line of the of the resident or the respective spouse, provided they depend from either of those. 


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Qualifying options

One of the following:

1. Acquisition of any Property above € 500,000.  

2. Transfer of capital above € 1,000,000, any type of business or company or do a bank deposit for income.           

3. Creation of a minimum of 10 permanent jobs.

Renewals and conditions

Firstly issued for one year and then renewed for successive periods of two years. Keep of one of investment activities as well as the following minimum stay periods in Portugal: 7 days during the first year, 14 days in the following two-year periods.

Application costs paid to the Government

- Processing Fee (initial application and renewals)
   €   513,75
- Initial Investor Residency Permit -  
  € 5.137,50
- Renewal of Investor Residency Permit - 
  € 2.568,75 
- Initial Residency Permit for Family Members - 
   € 5.137,50
- Renewal  Residency Permit for Family Members- 
   € 2.568,75

(rates and conditions can be changed)

For Ucranian clients, we can provide a 
 native speaking translator.



For Russian clients, we can provide a 
 native speaking translator.


Examples of investments

Villa's, townhouses, apartments at the high level golfresorts of the Pestana Group in the Algarve and near Lisbon. 
High return on investment.


Luxurious villas in the Golden Triangle area around Vilamoura, Carvoeiro, Lagos and the Silver Coast near Lisbon.
For relaxed living and renting out.



There are many hotels to invest in, newly built, existing or reposessed.





Due to the increasing number of tourists, investing in tourism, sports and nightlife offer very good opportunities.



The wine harvest and export are rising annually significantly and Portugal is the biggest cork producer in the world.



 
We help you through

If you are planning to invest either in the Algarve or the Lisbon area we can, in cooperation with our network of lawyers, banks (e.g. Barclays or Santander), estate agents, accountants and notary offices, help you through the whole procedure

 Detailed information about the procedure. 

Explanation about the different investment activities

One of the following qualifying options is necessary to get the Golden Visa to Portugal:

1. Acquisition of any Property above € 500,000.

We work with the main real estate agencies in Portugal and help you to select the property, negotiate it, establish the contract and represent you in deed and registry.                 A few examples of perfect investments in real estate you can find at our homepage.

Some of the selected property developments suitable for investment:

-   Acquisition of Properties above € 500,000 purchased after 8th October 2012.                                                          -   Acquisition completed before the application for residency permit.                                                                         -   Properties should be acquired free from any charges or mortgages.                                                                    -   Possibility of co-ownership with each co-owner making an investment of a minimum of € 500,000.                               -   Promissory Contracts of Purchase and Sale for the initial investor residency application, provided that a deposit of a minimum of € 500,000 is paid.  In this event, the purchase of the property needs to be effected until the time of the first renewal of the residency permit.                                        -   Possibility of financing to purchase the property above the € 500,000 investment.                                                     -   The properties acquired can be freely rented and let for commercial, agricultural and tourism purposes.

We work together with the most reliable local and international real estate agents.


2. Transfer of capital above € 1,000,000, any type of business or company or do a bank deposit for income.

We work with the major financial institutions in Portugal. We help you to negotiate deposits and to select investments. Very interesting are the Portuguese state bonds, high return on investment.


3. Creation of a minimum of 10 permanent jobs.

We can help you if you want to start or take over a company, especially in the tourist and leisure branche there are very interesting possibilities.

 Documents & requirements

 We help you to take care of this documents:                    -  - Valid Passport and Schengen Visa.                                  - Valid travel document and medical insurance for EU / Portugal.                                                                       -Updated property documents showing ownership of property or proof of bank capital transfer or 10 workers in Portugal social security.                                                 -   Proof of means of income and proof of address.             -   Accommodation.                                                     -   Absence of criminal conviction and of interdiction to enter the country.                                                           -Absence of notice from the Portuguese Immigration Authorities or Schengen Services.                                      - Declaration from the investor confirming compliance with the investment requirements.