The changes for the Portugal Golden Visa Programme will take effect on January 1, 2022.
The most important change is that from 2022, Golden Visa eligibility won’t apply to residential real estate investments made in metropolitan and coastal areas including Lisbon, Porto, and most of the Algarve. In addition to this, the minimum investment for capital transfer will increase from €1 million to €1.5 million, and the fund investment minimum will increase from €350,000 to €500,000. Capital transfer for R&D and company incorporation won’t be affected by the changes.
As of 1st January 2022, investment in any one of the non-real estate routes, will be required at the increased levels, as detailed below:
- Investment by capital transfer will increase from €1,000,000 to €1,500,000;
- Investment by capital transfer in research activities, will increase from €350,000 to €500,000;
- Investment by capital transfer for the acquisition of units of investment funds or venture capital funds, designated for the capitalisation of companies, will increase from €350,000 to €500,000;
- Investment by capital transfer through the establishment of a commercial company with a head office in Portugal, and the creation of a minimum of five permanent jobs, will increase from €350,000, to €500,000.
If you are considering applying for a Portuguese Golden Visa, now is the time to act.Speak to one of our Portugal Golden Visa consultants.
