As from October 8, qualified investors can access a fast track procedure when applying for a residence permit in Portugal. One of the three following conditions must be met prior to applying for the permit:
a) Minimum capital investment of € 1,000,000;
b) Creation of at least 30 jobs;
c) Acquisition of real estate for a minumum of € 500,000 (with no liens or encumbrances).
The condition must be maintained for a minimum of 5 years. For more information please contact our Lisbon office.