The Golden Visa Portugal
Under law number 29/2012 of August 9th foreign investors who wish to invest in the country can benefit from a special regime for the granting and renewal of residence permits, without the need to have a residence visa. This legal provision (ARI/GOLDEN VISA) created the need for a specific department which is ready to accompany those who intend to invest in our country. In its department, Castilho International Law Firm advises, supports and cooperates with foreign investors who already reside or want to reside in Portugal.
The Residence Permit for Investment Activity, known as (ARI/GOLDEN VISA), is a program created in pursuance with the portuguese law that allows citizens of countries outside the European Union (EU) or the European Economic States to obtain a residence permit in Portugal, also benefiting from free movement within the Schengen Area.
The holders of a Residence Permit for Investment Activity have the right to apply for family regrouping, may gain access to a permanent residence permit as well as to Portuguese citizenship in accordance to the current legal provisions.
In order to apply for this Residence Permit (ARI / GOLDEN VISA) applicants have to perform an investment activity in Portugal, for a minimum period of five years, which complies with one of the following requirements:
- Acquisition of real estate with a value equal to or above 500 thousand Euros;
- Capital transfer with a value equal to or above 1 million Euros;
- Creation of, at least, 10 job positions.
For this purpose, Castilho International Law Firm provides potential applicants and investors with the following set of services:
a) Provide assistance to foreign citizens and their families and prepare all the necessary paperwork / file to obtain this authorization (ARI / GOLDEN VISA);
b) Give advice and monitor the investment activity (promissory contracts, deeds of purchase/sale and its subsequent registration, in addition to aiding in the process of setting up a Portuguese company, in the transfer of capital and in corporate acquisitions);
c) Monitor the process of establishing residency in the country;
d) Monitor the process for the renewal of the residence permit throughout the 5 years.
Castilho International Law Firm gives special assistance to foreign investors in choosing their investment in Portugal. The investor can benefit from the products and services provided by our partners, in addition to having access to special conditions that aid in the selection of their project in Portugal, especially in the north and center region.
Pertaining to the Investment
Real Estate acquisition
The purchased properties, in an amount equal to or above 500 thousand Euros, may be used for the following purposes: rental, commerce, industry, tourism or agriculture. One or more properties may be acquired provided that the total value is equal to or exceeding 500 thousand Euros.
Check the selection of properties Golden Visa that REMAX (our partner in the real estate sector) has to offer and find your investment opportunity.
Transfer of Capital
The transfer of capital by an amount equal to or exceeding 1 million Euros includes investment in shares of Portuguese enterprises that are stable.
Get to know the financial investment products offered by the largest Portuguese Private Bank – Millennium BCP
Investment leading to job creation
To fulfil this requirement, the investment will have to lead to the creation of at least 10 jobs, duly legalized and authenticated by the Social Security.
Through AICEP, investors can have access to privileged information prepared exclusively for the purpose of business investment in Portugal. Investors can also benefit from support for investment (tax and labor among others) and open a company in Portugal, relocate their business to Portuguese territory, or acquire companies in different sectors which are currently for sale and are already established in Portugal.
We act mainly in the north and center region of Portugal where the largest business community in the country is located and where the real estate market has a lot of potential and offers great business opportunities.