Changes in the portuguese golden visa scheme

If you’re thinking about investing in Portugal then you might want to check the new guidelines before applying for this programme.

From January 1st, new investors will only be able to focus on residential properties on low density areas. This leaves “prime locations” such as Porto, Lisbon or Algarve out of the picture for this type of investment and the same will apply to Madeira and Azores since they’re not considered low density areas.

In the beggining of the year, the minimum investment for such properties has been reduced by 20%, meaning that the minimum investment of €500,000 reduces to €400,000 and the €350,000 reduces to €280,000.

Nevertheless, the same restrictions are not applicable to commercial or services properties, where investors are still able to acquire properties in Lisbon or Porto, for example.

Other investments in any of the non-real estate routes will be required at increased levels:

  • Investment by capital transfer will increase from €1,000,000 to €1,500,000;


  • Investment by capital transfer in research activities, will increase from €350,000 to €500,000; or investment by capital transfer for the acquisition of units of investment funds or venture capital funds, designated for the capitalisation of companies, will increase from €350,000 to €500,000;


  • Investment by capital transfer through the establishment of a commercial company with a head office in Portugal, and the creation of a minimum of five permanent jobs, will increase from €350,000, to €500,000.

TEN20 is avaliable to guide you during this process. Contact us!

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