You can start a business in Portugal as a Golden Visa holder.
Ask A Question | Learn more about Portugal
What is the low-cost option for the Portuguese Golden Visa program?
I was told that there is a "low-cost" option to obtain a Portuguese Golden Visa, which requires investors to create local jobs. How does this option work and what is the minimum investment requirement?
Answers
-
-
The minimum amount to obtain Golden Visa is 200,000 euros in case you apply that amount in artistic production activities or recovery/maintenance of the Portuguese cultural heritage in a low-density area. This option is not exactly an investment, but a donation. If you want an option closer to real investment, then you have the chance to get Golden Visa through a real estate investment of 280,000 euros applied in the acquisition and execution of rehabilitation works of real estate in a low-density area.
-
One of the types of investment that qualify for a Golden Visa in Portugal is the creation of, at least, 10 job positions. The law does not require specific business areas for this type of investment, as long as the required job positions are created; The immigration authorities will verify the maintenance of the minimum of jobs. However, for investment by means of the creation of, at least, 10 jobs, this requirement may be reduced to 8 jobs when in a low-density territory. The applicant must present supporting evidence in which he has made the investment of the minimum amount required, individually or through a shareholder limited liability company of which the applicant is the shareholder. The documents include a declaration of a credit institution authorized or registered in the national territory within Bank of Portugal; individual contracts of employment between the employer and the employees and obligation of registering the employees in the social security systems; an extract from the register of companies.
Call Us
+1-800-347-9390
