On October 6th, 2023, the “Mais Habitação Law” was published by the Portuguese Government, bringing a series of changes to the Golden Visa program in Portugal.

Amount: ≥ EUR 500,000

Capital transfer of the amount of 500 thousand Euros, or higher, for the acquisition of units of investment funds or venture capital fund of funds dedicated to the capitalisation of companies, capital injected under the Portuguese legislation, whose maturity, at the moment of the investment, is, at least, of five years and, at least, 60% of the investments is realized in commercial companies with head office in national territory.

Amount: ≥ EUR 500,000

Transfer of capitals for investing in research activities conducted by public or private scientific research institutions involved in the national scientific or technologic system.

Amount: ≥ EUR 500,000

Capital transfer of the amount of EUR 500,000, or higher, for constitution of a commercial society with head office in the national territory, combined with the creation of five permanent working jobs, or for the reinforcement of the share capital of a commercial society with head office in national territory, already existing, with the creation or keeping of working jobs, with a minimum of five permanent jobs, and for a minimum period of three years.

Amount: EUR 250,000

Capital transfer with a value equal to or above 250 thousand Euros for investing in artistic output or supporting the arts, for reconstruction or refurbishment of the national heritage, through the local and central authorities, public institutions, public corporate sector, public foundations, private foundations of public interest, networked local authorities, local corporate sector organizations, local associations and public cultural associations, pursuing activities of artistic output, and reconstruction or maintenance of the national heritage.

Create a company in Portugal with at least 10 working positions.

The Golden Visa will be issued temporarily for an initial period of one year, renewable for consecutive periods of two years. After this initial period of 5 years, the investor can request the renovation of the temporary ARI for a consecutive period of 2 years or request a Permanent Residence Permit for Investment Activity and finally the request for the Portuguese Citizenship.

This regime allows nationals of non-EU and non-EEE countries to be entitled to:

• Residence visa waiver for entering Portugal;
• Living and working in Portugal, as long they stay in the country for a period of 7 or more days, in the first year, and 14 or more days, in the subsequent years;
• Visa exemption for travelling within the Schengen Area;
• Family reunification;
• Applying for permanent residence;
• Applying for Portuguese citizenship by naturalization.

All citizens who are not nationals of an EU, nor EEA, Member States who carry out an investment activity, personally or through a company, incorporated in Portugal or incorporated in another EU State and a permanent establishment in Portugal.

In the last few years, we developed several processes to advise and assist companies from a range of sectors in their process of creating their business and investments in Portugal.

To get to know our work methodology and complete offer of services you can contact us.