INVESTOR VISA IN PORTUGAL (I)

The new Portuguese golden programme has stirred much interest among investors that would like to obtain a visa to live in Portugal. The following faqs are provided as general guidance:

1.- Which are the general conditions to be eligible for the Programme?

The law has considered three conditions which can render an investor eligible for the Programme (meeting one of them is enough to qualify the applicant):

a) Minimum capital investment of € 1,000,000 (this also includes investment in shares);

b) Creation of at least 10 jobs;

c) Acquisition of property for a minimum amount of € 500,000 (with no liens or encumbrances).

2.- Are there any limitations as to the buying of real estate?

The only limitation is that each applicant must invest at least € 500,000 and the property must be free of liens and encumbrances.

Property can be bought with other investors as long as each one has a minimum share of € 500.000.

All types of property are eligible and may be used or leased freely.

3.- Does the applicant need to physically stay in Portugal?

When applying for the Golden Programme, there are certain requirements that must be met. If the applicant wants to renew his permit (after the first year, or after each subsequent two-year period), one of the requirements is to physically stay in Portugal for a number of days:

First year: at least 7 days (whether consecutive or not);

At least 14 days (whether consecutive or not), during the next 2 year period.