Golden Residence Permit Program

Portuguese residence permits via investment for non-EU nationals provide an opportunity to obtain residence status, and contribute towards eligibility for a citizenship application after six years as a resident.

Previously, residence was granted where investments were made into Portugal in one of the following forms:

i)The purchase of real estate of EUR 500,000 or more
ii)Capital investment of at least EUR 1 million to a Portuguese bank account or flexible investment
iii)The creation of at least 10 jobs in Portugal

In September 2015, four new qualifying options were introduced.

The new options for Capital Investment are:

i)The transfer of funds of at least EUR 350,000 to be applied to research activities carried out by entities which are part of the national scientific and technological system
ii)The transfer of funds of at least EUR 250,000 to be applied in investment or support for artistic production, or the recovery or maintenance of national cultural heritage
iii)The transfer of funds of at least EUR 500,000 for the acquisition of units in investment or venture capital funds for the capitalization of small and medium size companies

The new option for Property Acquisition is:

iv)The purchase of a property for the minimum amount of EUR 350,000 for the purpose of refurbishing it, for properties that were constructed more than 30 years ago or are located in areas of urban regeneration. The EUR 350,000 threshold includes not only the property’s price but also the investment in the refurbishment works

There are minimum residency requirements in order to qualify for the renewal of the Golden Residence Permit. However, these are very modest: seven days during the first year of residence in order to be entitled to the first renewal, and 14 days over the two subsequent two year periods necessary for renewals.

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