Who may apply?Third State citizens involved in an investment activity, either individually or through a company conducting, at least, one of the following operations in national territory for a minimum period of five years:
I) Capital transfer with a value equal to or above 1 million Euros;
II) Creation of, at least, 10 job positions;
III) Purchase of real estate in the amount of 350 thousand euros in the area of urban rehabilitation or in a house that is at least 30 years old
IV) And also the amount can be reduced by 20% (up to 280 thousand euros), provided that investments are made in sparsely populated and underdeveloped areas (with a population density of less than 100 people per square kilometer or with a GDP per capita of less than 75% of the average country).
V) The movement of capital in an amount equal to or exceeding 250 thousand euros for investment in artistic production or support of art, for the reconstruction or restoration of national heritage, through local and central authorities, state institutions, state companies, public funds, private foundations, local companies, local associations and socio-cultural associations whose purpose is to support artistic production, as well as the reconstruction or maintenance of national heritage.
It covers shareholders of companies already set up in Portugal, or in another EU State, with a stable residence in Portugal and with tax obligations fulfilled.Documents
Passport or another valid travelling document;
Proof of legal entry and permanence in national territory;
Proof of health insurance;
Signed application enabling consultation of the Portuguese Criminal Record by SEF;
Criminal Record Certificate from the relevant authority of the applicant’s home country or from any other country where he / she resided for over a year;
As means of evidence of compliance with tax obligations, the applicant shall deliver a declaration proving the absence of debts issued by the Inland Revenue and Customs Authority and by the Social Security.
Requirements on the Investment:Activity
Performing an investment activity for a minimum period of five years attested by a bona fide declaration signed by the applicant.
Capital transfer with a valueProvide evidence of having invested the minimum amount required, including stocks or shares of companies.
Declaration of a financial institution authorized to exercise its activity in Portugal certifying: the effective transfer of capital in the amount of not less than € 1 million, to an account demonstrating the investor is the sole or first holder of capital; or, the acquisition of stocks or shares of companies, and
An up-to-date certificate issued by the Commercial Register, certifying that the applicant holds a share in the capital of a company.
Creation of, at least, 10 job positionsProvide evidence of having created 10 job positions and registered the employees in the Social Security.
An up-to-date certificate issued by the Social Security.
Acquisition of real estate with a valueProvide evidence of having the ownership of real estate property.
Public deed or promissory share-purchase agreement of the property , with a declaration of an authorized financial institution to exercise its activity in Portugal stating the effective transfer of capital to its acquisition or to execute as a down payment of the promise to purchase in equal or superior value of 500 thousand Euros, and
An up-to-date certificate issued by the Real Estate Registry, which must always be, in the case of contract-promise and where legally feasible, the respective register.
Other requirements under GeneralLaw:
Applicants must not have been convicted of a crime punishable with deprivation of liberty exceeding one year
Applicants must not be subject of an entry ban in national territory following a removal order from the country
Applicants must not be subject of alerts in the Schengen Information System
Applicants must not be subject of alerts in SEF’s Information Integrated System issued for purposes of non-admission
Family ReunificationThe holders of Golden Residence Permit for Investment Activity may apply for family reunification under the provisions of the General Law.