Portugal Golden Visa

Property:

1. A real estate purchase with a  minimum  value  of EUR 500,000
2. A real estate purchase with a minimum value of EUR 350,0000 in properties older than 30 years or in an area of urban regeneration, including the costs of renovations
3. A real estate purchase with a minimum value of EUR 280,000 in properties older than 30 years and located in a low density area, including the costs of renovations.

Investment:

1. EUR 250,000 in support of artistic output or maintenance of national heritage
2. EUR 350,000 for investing into research activities conducted by public or private scientific research institutions involved in the national scientific or technological system
3. EUR 350,000 for transfer of capital, for the acquisition of units of investment funds or venture capital funds for the capitalization of companies whose maturity at the time of the investment is at least five years, and at least 60% of the value of investments will be realized in commercial companies based in the national territory
4. EUR 350,000 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
5. EUR 1 million capital transfer to a Portuguese Bank

Job Creation:

6. Create a minimum of 10 new employment positions

• Visa-free travel access to the Schengen area
• Right to live, work, and study in Portugal
• Residency can be granted within 6-8 months
• Low physical presence requirement (seven days in  the first year and no less than 14 days in each subsequent two- year period)
• Attractive taxation system
• Investment options from as little as EUR 250,000
• High quality of life, fantastic local cuisine and wines,rich culture, mild climate and a high level of security
• Citizenship possible after five years of legal residence
• Personal taxation for non-residents on Portuguese-sourced employment and pension income is charged at a preferential rate of 25%, although interest and rental income, dividends and capital gains are taxed at 28%.For new residents wanting to stay for longer periods and possibly reside in Portugal, there is a Non-Habitual Residents (NHR) regime which may be more beneficial. Once NHR tax status is obtained, income derived from a foreign source and relating to employment income, pension income and business and professional income can be subject to tax exemption, and any income derived from a Portuguese source will be subject to income tax at a flat rate of 20%, though some surcharges may apply.
• Portugal does not apply a wealth tax. There is no tax on gifts or inheritances between parents, children and grandchildren

Following an initial contact, we will provide an overview of the costs and process that the programme entails from submission to permanent residency over 5 years. This involves the principal applicant being required to travel to Portugal once before issuance of the first residence visa. The visit can be achieved within 3-4 days and focuses on choosing a qualifying investment, providing biometrics, opening a local bank account, having an independent tax planning session and, if required, an education briefing. The Power of Attorney will also be signed during this visit to enable RIF Trust to work on the applicant’s behalf with the Immigration and Border Service (SEF) as well as the fiscal and social security authorities.

Months 1-4

Submit application and secure investment.

Year 0

Golden Visa Programme permit issued for two years.

Year 2

Golden Visa Programme permit renewed for two years.

Year 4

Golden Visa Programme permit renewed for two years.

Year 5

Apply for Permanent Residency or Citizenship.