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NHR

updated for 2022

Golden Visa

Expats Portugal | Move To Portugal | Non Habitual Residence | Golden Visa Property Hunters Portugal

Since October 2012, foreigners wishing to enter and reside in Portugal can do so under a Golden Visa/Golden Residence Permit. A fast way for foreign investors from non-EU countries to obtain a fully valid residence permit (“Golden Visa”) in Portugal.

The Portuguese Passport is currently ranked 5th in the Global Passport Power Ranking, according to the Passport Index 2022



Benifits of Golden Visa

 

  • Visa-free travel in Europe’s Schengen Area and the right to live, work, and study in Portugal

  • Eligibility to apply for citizenship after five years as a legal resident while keeping other citizenship(s)

  • Low physical presence requirement (seven days during the first year of residence and 14 days for the two subsequent years, which can count towards citizenship eligibility after five years)

  • Excellent international and Portuguese schools and universities

  • High quality of life, local cuisine and wines, rich culture, mild climate, and a high level of security

  • International quality healthcare clinics and hospitals



Capital transfer

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  • EUR 1.5 million minimum capital transfer into a Portuguese bank account or approved investments

  • EUR 500,000 for the acquisition of investment fund or venture capital fund units committed to the capitalization of companies incorporated under the Portuguese law, with a maturity of at least five years and with at least 60% of the investment portfolio in companies with a registered office in the national territory

  • EUR 500,000 for research activities of public or private entities that are part of the national scientific and technological system

    • EUR 400,000 in a low population density area*

  • EUR 250,000 in support of artistic production or in the recovery or maintenance of national cultural heritage

    • EUR 200,000 in a low population density area*



When it comes to Property Acquisition

  • EUR 500,000 minimum real estate purchase - residential property is limited to designated interior areas)

    • EUR 400,000 in a low population density area

  • EUR 350,000 minimum real estate purchase for the refurbishment of residential properties older than 30 years or in an area of urban regeneration, including the cost of renovations (residential property is limited to designated interior areas)

    • EUR 280,000 in a low population density area*

In the Metropolitan Area of Porto, for example, you can only acquire a property to obtain a visa in the municipalities of Arouca and Vale de Cambra.

In the Algarve, only in the municipalities of Alcoutim, Aljezur, Castro Marim, Monchique and Vila do Bispo will be eligible.



When it comes to Business

 

  • Creation of a minimum of ten new jobs

    • Eight new jobs in a low population density area*

  • EUR 500,000 for the incorporation or increase of the share capital of a company that is registered in Portugal, creating or maintaining a minimum of five permanent jobs for a period of three years

*A low population density area is defined as less than 100 inhabitants per km² or with a GDP per capita below 75% of the national average.

For this, when buying commercial property, such as an office or retail space, anywhere in the country will be able to apply for the Visa.


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