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Golden Visa

Golden Visa

The new legislation of the Portuguese law offers foreign investors the possibility to obtain  residency in Europe (Schengen), thus  a gateway in the European Union without being obliged to live permanently in the country.

WHY PORTUGAL?
  • Portugal's Real Estate has not  been over speculated these last 15 years and the affordable prices of properties are unique in opportunity due to the country s  present situation.
  • The property tax is far more advantageous than any other country in Europe.
  • Property prices and cost of living are also very competitive compared to other capitals.
  • There is no inheritance tax.
  • Its a safe country with a Mediterranean climate and a very foreign friendly nation.
INVESTMENT:
  • Purchase a property with a value equal or above 500.000,00€
  • Properties purchased in partnership, as long as the quota of each investor is a minimum of 500.000,00€
  • Various properties can be purchased to reach this value.
BENEFITS:
  • This visa permits any investor and family to circulate freely and work in Europe (27 Schengen countries) without any restrictions.
  • The visa can be extended to family members of the investor and after the initial 5 year period may become permanent resident.
  • During this period properties purchased can be rented out and after 5 years may be sold.  Thus your investment is guaranteed!
  • Once the residency permit is granted the foreign citizen must stay in Portugal at the least 7 days during the first year and 14 days during the subsequent periods of two years.
  • In order for the residency permit to be granted under this scheme, foreign investors must submit their application to SEF within the period of 90 days counting from their first entry into Portugal
DOCUMENTS REQUIRED FOR INVESTMENTS:
  • Passport with Schengen Visa
  • Proof of legal entry into the Country
  • Medical health insurance
  • Criminal record certificate issued by country of origin that there are no convictions 
  • `Bona fide´ declaration signed by the third state citizen where he undertakes to maintain the minimum investment requirements established in the applicable legislation
EXPENSES TO BE PAID TO SEF - obtaining the Golden Residency Permit
  • 500.00€   -    to submit the application
  • 5.000,00€   -    when permit is issued
  • 5.000,00€   -    for each member of the family
SEF - is the department of the Portuguese government that grants the residence permits