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General facts regarding residency programs:. If you are a citizen of the EU, you just need to register at your local social security office. There is a separate window for this and is very simple and quick. Bring your passport. There are special programs for those from the ex-colonies. For others, the following rules apply for those who want to invest in Portugal:.
You do not pay taxes on your income in Portugal, but at source. The following benefits apply to investment visas:. You and your children have access to the free education system in Europe. You will be registered with the Schengen Area central system which will enable you to enter all European countries except Ireland, UK, Cypress, and Malta without the need for an additional visa 26 European countries after your application has been approved by the SEF Ministry of Immigration.
After five years, you can apply for Portuguese citizenship. Family reunion is possible which means that certain dependent family members can also get Portuguese residency. The following options meet the criteria for residency by investment in Portugal:. The creation of at least 10 job positions in Portugal by founding a company. You can achieve this option also with more than one property which is from an investment point of view even better because rental returns do not grow proportionally with the real estate value.
Note: Several oversubscribed regions have been removed from the Golden Visa scheme altogether. This has mainly affected Lisbon, Porto, and some areas of the Algarve. The purchase of real estate Golden Visa in Portuguese urban regeneration areas or that is at least 30 years old to the value of at least In this option you have to invest some part of the money into renovations.
Such projects need to be approved by SEF as qualifying for the reduced investment amount and it is critical to ensure the right project and legal advice is obtained before embarking on such investment. Investment of at least Investment into private equity funds. Note that you cannot get a bank loan or mortgage in Portugal to buy a property.