The Golden Visa is only available for non-EU citizens.
There are three different ways to qualify for a Golden Visa. You can:
When you invest at least 500.000 euro in property, you can apply immediately for the Golden Visa. This does not need to be one property; it can be spread over several properties and also includes co-ownership of properties.
When you invest at least 350.000 euro in a property (residential, commercial, land, etc) that was built more than 30 years ago, or is situated in an urban regeneration area. The price for the renovations can be included in this amount. The application for the Golden Visa can be done before the renovation works are finished but it is mandatory to provide the building contract that proves payment of the first invoices, and proof of application of a building license to the local city hall.
Capital investment of at least 1.000.000 euro
Capital investment of at least 500.000 euro for acquisition of participation units in investment funds, or for capitalization of small and medium size companies.
Capital investment of at least 350.000 euro for research activities carried out by the national scientific and technological system.
Capital investment of at least 250.000 euro to support artistic production/recovery/maintenance of national cultural heritage.
Create a minimum of 10 jobs
At Property Specialists Algarve we specialize in properties and are therefore able to help you apply for a Golden Visa under No.1 - Property investment. With over 20 years of experience in the area, we are able to advise you to the perfect property for you. You can save time and effort as it is not necessary to look through the website endlessly to view pictures online: We take you on a journey along the finest properties to find the perfect fit. When we have found your property investment, you will go through the regular property buying process before applying for the Golden Visa.
During the property search, we will introduce you to a lawyer to whom you can ask more in-depth questions about your personal Golden Visa application. With your lawyer, you set up a Portuguese bank account and get a tax number to start the application process once the property is purchased. For more information about the property buying process, please click here.
Year 2 & 3
3rd renewal process: For the final renewal process you have to retake biometrics (fingerprints etc), provide up-to-date criminal records and pay a fee of 2637.20 euro per applicant. Additionally, the cost for this renewal process is 527.60 for the first applicant, and 82.30 for other applicants (family members).
You now have either a renewed Golden Visa or Permanent Residency. At the end of this year, you can apply for citizenship. For the application of Citizenship the applicant will also take a Portuguese test.
For more information about the buying costs of the property itself, please click here.
The documents you need to apply for a Golden Visa in Portugal are the following:
A Valid Passport
A Schengen Visa (with which you entered Portugal), if applicable
Declaration from a bank in Portugal confirming the transfer of the fund
Medical insurance valid in Portugal for all members applying
Absence of criminal conviction in Portugal and of interdiction
Absence of notice from Portuguese Immigration Authorities or Schengen Services
The following paperwork needs to be legalised (at a Portuguese consulate/Embassy of your country or with an Apostille for the Countries that are part of the Hague Convention) and translated into Portuguese (at consular services):
Birth Certificate of the children*
* only applicable for members who are applying for residency visas in their name
** Please note that criminal records are usually only valid for 3 months
Property Specialists Algarve
Telephone +351 912 488 155
Telephone +351 914 237 email@example.com
Praca do Poder Local Lote 7, CV C, Lagos 8600-524, Algarve, Portugal