Portugal first opened golden residence scheme in 2012, since then it can become the most popular residence by investment schemes in Europe. Since Oct 2023, the real estate option has been closed for foreigners leaving other investment routes open.
- Warm, sunny country with close proximity to American continent.
- Right to live, study and work in Portugal.
- Free movement in schengen area.
- Very low residence condition 14 days per year.
- Apply for Portuguese nationality after 5 years.
- Low tax regime for residents who do not live 183 days.
The AIMA agency in Portugal currently processes all golden visa applications for investment in Portugal under Article 90A.
Eligible Investments
As of 2024, the following investment funds qualify for Golden visa in Portugal.
1. Investment Funds: Capital transfer with a value equal to or above €500,000 Euros, for purchasing shares in investment funds or in venture capital geared to capitalize small and medium companies that, in turn, must present a feasible capitalization plan. Investors can expect 3-5% returns and return of capital after 6 years.
2. Scientific Research & Technology: Capital transfer with a value equal to or above €500,000 Euros for investing in research activities conducted by public or private scientific research institutions involved in the national scientific or technology system;
4. Art, Culture & Public interest: Capital transfer with a value equal to or above €250,000 Euros for investing in artistic output or supporting the arts, for reconstruction or refurbishment of the national heritage, through the local and central authorities, public institutions, public corporate sector, public foundations, private foundations of public interest, networked local authorities, local corporate sector organizations, local associations and public cultural associations, pursuing activities of artistic output, and reconstruction or maintenance of the national heritage; Projects in low density regions (NUTS III) receive 20% reduced in minimum investment for GV purpose.
5. Employment: Job creation at least, 10 job positions
Note: Portuguese, EU/ EEE nationals are not eligible to apply for the ARI/Golden Visa scheme.
Application Steps
The Golden Visa application initial steps are the following:
- Obtaining a Portuguese Tax Number;
- Opening a Portuguese Bank Account;
- Transfer into the Portuguese Bank Account the funds