Golden Visa - European Residence Permit





Golden Visa - European Residence Permit
Considered the world's best golden visa.

More info: www.livinginportugal.com/en/
On August 9th 2012 new legislation was approved that allows nationals of a Non Schengen member country to obtain a residence permit linked to an investment activity in Portugal and travel without restrictions inside Schengen.

To obtain the residence permit the investor must fulfill one of the following criteria (directly or through a company):
I) Capital transfer with a value equal to or above 1 million Euros;
II) Creation of, at least, 10 job positions;
III) Acquisition of real estate with a value equal to or above 500 thousand Euros.
And above €350,000 in a redeveloped property.

It covers shareholders of companies already set up in Portugal, or in another EU State, with a stable residence in Portugal and with tax obligations fulfilled.

Acquisition of real estate with a value equal to or above 500 thousand Euros (It can be 1 or more properties)

Provide evidence of having the ownership of real estate property.
• Public deed or promissory share-purchase agreement of the property, with a declaration an authorized financial institution to exercise its activity in Portugal stating the effective transfer of capital to its acquisition or to execute as a down payment of the promise to purchase in equal or superior value of 500 thousand Euros;

• An up-to-date certificate issued by the Real Estate Registry, which must always be, in the case of contract-promise and where legally feasible, the respective register.