A first and important note to be taken into account in this case is the impossibility of complying with an essential rule for obtaining the resident permit for investment activity in Portugal, also known as Golden Visa, namely that the amount allocated to the investment must be made through an international (and effective) bank transfer. It is not possible to obtain this type of resident permit through the sale of the property acquired by your father 15 years ago, since the ratio legis that underlies the Golden Visa program is that the investment must be made through foreign capital. Without prejudice, we would like to inform that you can invest in Portugal (always through an international transfer) in another property or even in the same property (for example, through a sole proprietorship company that you can open for this purpose) for a minimum amount of 350,000 (in Lisbon), in the following terms: acquisition and execution of works of real estate, on the amount equal to or above 350,000 euros. In the acquisition and execution of works of real estate, of the amount equal to or above 350,000 euros, the construction of the real estate must have been concluded for 30 years, at least; or the real estate has to be located in an urban rehabilitation area (though with less than 30 years). The amount of this investment must be reduced in 20 percent (280,000) when in a low-density territory (NUTS III level with less than 100 inhabitants per square kilometer or PIB per capita less than 75 percent of the national average). The real estate may be acquired in a co-ownership method, provided the applicant for the ARI invests an amount equal to or above 350,000, or 280,000 in a low-density territory (NUTS III level in the acquisition and rehabilitation), as well as through a shareholder limited liability company in which the applicant is the shareholder. A real estate, or a set of real estate, may be acquired whose value of the acquisition and rehabilitation is equal to or above 350,000 or 280,000 in a low-density territory NUTS III level. The applicant for the ARI may yet charge the real estate acquired, in the part which exceeds the amount of 350,000 or 280,000 in a low-density territory NUTS III level, as well as lease the real estate or holding it for commercial, industrial, agricultural or tourist purposes.
