The Portugal Golden Visa is an immigrant investor program by the

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that grants residency in Portugal to people who invest in properties worth at least €500,000 or create 10 jobs in Portugal.

History

The scheme began in 2012, and by May 2020 has been credited with investments of over 5.2 billion euros from over 20,000 persons (8,736 investors and 14,936 family members). As of August 2019, according to SEF,

Chinese Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of va ...

investment in Portugal under the scheme was down during the first eight months of 2019 a decrease of 15.7 percent from the same period of 2018. Investment by

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

ian nationals under the same scheme was up by almost 42 percent in 2019.

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and

Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with ...

have programs comparable to Portugal's Gold Visa program.

Eligibility

The eligibility criteria to obtain a Portugal Golden Visa includes: * A Capital Transfer with a value equal to or above €1 Million * The creation of at least 10 jobs * The purchase of real estate property of at least €500,000 or above * The purchase of real estate property, with construction dating back more than 30 years or located in urban regeneration areas, for refurbishing, for a total value equal to or above €350,000 * Capital transfer with a value equal to or above €350,000 for investing in research activities conducted by public or private scientific research institutions involved in the national scientific or technologic system * Capital transfer with a value equal to or above €250,000 for investing in artistic output or supporting the arts * Capital transfer of the amount of €350,000, or higher, for the acquisition of units of investment funds or venture capital fund of funds dedicated to the capitalization of companies, capital injected under the Portuguese legislation, whose maturity, at the moment of the investment, is, at least, of five years and, at least, 60% of the investments is realized in commercial companies with head office in national territory * Capital transfer of the amount of €350,000, or higher, for constitution of a commercial society with head office in the national territory, combined with the creation of five permanent working jobs, or for the reinforcement of the share capital of a commercial society with head office in national territory, already existing, with the creation or keeping of working jobs, with a minimum of five permanent jobs, and for a minimum period of three years. Portuguese,

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and

European Economic Area The European Economic Area (EEA) was established via the ''Agreement on the European Economic Area'', an international agreement which enables the extension of the European Union's single market to member states of the European Free Trade Ass ...

nationals are not eligible for the ARI / Golden Visa scheme.

References

External links

* Economy of Portugal Immigration to Portugal Visa policies in Europe {{Portugal-stub

History

Eligibility

See also

References

External links