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+351 926 293 220‬

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Portugal Golden Visa 280000 Real Estate Investment

We’ll explore the benefits of the Portugal golden visa 280000 program, the requirements for obtaining a golden visa, and the steps involved in the application process.

 Whether you are looking to start a new business, retire, or simply want to experience all that Portugal has to offer, the golden visa program may be the perfect opportunity for you.

But first, you must know what low-density areas are and how this can get you the Portugal golden visa for less money.

Low-density areas in the interior of Portugal are catching a lot of attention from investors and locals as well.

 

The Portugal Golden Visa is a Golden Visa program by the government that grants residency to people who invest in properties or any qualifying investments whether is a property located in a low-density or a high-density area in Portugal.

 

What are these low-density areas in Portugal?

 

 Low-density areas are regions that have less than 100 inhabitants per square kilometer or per capita GDP. For example, Lisbon and Porto aren’t listed as low-density areas. However, the Algarve and several districts of Évora are included in the low-density areas that are eligible for the Portuguese Golden visa purposes.

 

The residency by real estate investment is the most popular among investors due to its convenience and lower price tag, starting at €280,000. 

 

If the property is located in a low-density area of the country, the value of this investment may be reduced by 20%.

 

You can buy a new property instead of €500,000 for €400,000 and still get the Golden Visa. Or you can invest in Portugal property that needs rehabilitation; in this case, the minimum requirement decreases to €350,000.

 

What are the requirements when buying a property in a low-density area in Portugal?

 

The property had to be built more than 30 years ago or located in a designated urban rehabilitation area. If the property is in a low-density area, the minimum requirement gets reduced to €280,000.

 

What are the best low-density areas to invest in?

 

Golden Port Visa would like to invite you on an exciting journey to explore the beautiful region of the Alentejo, a world heritage site and a precious gem of Portugal – each of these places qualified for the Portugal golden visa.

 

Without any further ado – let’s start with the best low-density places in Portugal to invest in.

 

Alentejo

Between the Tagus River and the Algarve is Alentejo, blessed with warm weather, a laid-back atmosphere and a beautiful coastline with the nicest beaches in Portugal.

 

Alentejo has long been known as a peaceful area where nature meets tradition. In recent years, the Algarve has experienced growth in the tourism industry, and many investors have seen the potential in the Alentejo real estate market.

 

Forbes described Alentejo as “the new place to go in Portugal,” and now as the world is falling in love with Portugal and the new Golden Visa rules favor Alentejo’s real estate market, more investors are turning their heads here.

Portugal Golden Visa 280,000€

Évora

In Évora, you’ll find many historic monuments, stunning architecture, religious sites, museums, and buildings.

 

With its history and pleasant weather, no wonder it has been named one of the Most Livable cities in Portugal.

 

In the past few years, Évora has seen a huge increase in the tourism sector, which led to the creation of many hotels, bed-and-breakfasts, Airbnb renting, and various other styles of lodging.

 

Why do we love Evora from the real estate investment point of view? One word: low-risk.

 

Évora is a relatively small city. Finding a good investment is like finding a diamond. You need to know the market, region, and local prices. 

 

Évora offers a truly unique Portuguese experience, with a distinctive heritage, delicious regional cuisines, and an infectious unhurried pace of life that is so wanted by people from big crowded cities.

Comporta

Located in the northwest of Alentejo, Comporta is a small beachside village about an hour’s drive from Lisbon.

 

Buying a property in Comporta is synonymous with luxury living. You’ll be able to enjoy being sun-kissed on the beautiful beaches. 

 

Over the years, Comporta has been referred to as the “Hamptons of Europe,” one of Portugal’s most exclusive luxury summer destinations.

 

Properties in Comporta are more affordable than most upmarket destinations in western Europe.

 

An ideal place to work from home – for those who have adopted the hybrid work model.

 

Comporta is a community of three villages with multiple boutique hotels, rental homes, and restaurants. Though it looks like a beachside place suitable for short holidays, Comporta has a real estate scene that can get you the best returns.

Comporta Portugal real estate

Route to citizenship

 

Portugal Golden Visa is making it easier than ever for investors to take advantage of living in Europe.

 

As Alentejo, Évora and Comporta are among the low-density areas in Portugal, you can benefit from the Portugal Golden Visa 280000 EUR real estate option.

 

But finding your ideal property will not be easy if you do it alone. You need a local team of real estate brokers and legal and market experts by your side to assist you through the process.

 

When you buy the investment for 280,000 Euros, one of the conditions from the government is to renovate the property (renovation price is included in 280,000 Euros). You will face the problem of communication with the local construction company, which sometimes doesn’t speak good English.

Why would you need to bring additional problems and headaches to your life when you can just work with the local company that has already been through this process many times and knows all the underwater rocks?

At Golden Port Visa, we’ve worked with clients from all over the world and help them find their ideal property in Portugal and get a Golden Visa.

 

Contact us to schedule a free call or send us an email to know more about the program.

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Apply for the Non-Habitual Residency in Portugal

In this blog post, we will explore the benefits of the NHR program, the requirements for obtaining NHR status, and how to apply for non-habitual residence in Portugal.

Whether you are looking to retire, start a business, or simply want to experience all that Portugal has to offer, the NHR program may be the perfect opportunity for you.

In a nutshell, the NHR scheme grants eligible applicants a flat 20% tax rate on Portugal-sourced income (instead of the usual Portuguese taxes with a top rate of 48%).

This includes retirees with pension income but can also apply to those with other sources of income, such as dividends from a foreign company, investments, or even a salary from abroad.

The key objective of the Non-Habitual Resident Portugal Scheme is to give you, as a high earner or high net worth individual, the opportunity to reduce your tax rate and gain business opportunities overseas.

Our guide to the non-habitual resident Portugal tax scheme will explain everything you need to know, including how to make sure you’re eligible for what sort of tax benefits you can expect and a step-by-step walk-through on how to apply.

Apply for Non-habitual Residence in Portugal:

Eligibility for Portugal NHR Status

Being eligible for the NHR hinges on several key factors.

First, you need to become a legal resident in Portugal. For example, you could achieve this under EU freedom of movement rights (if you’re an EU citizen) or with the Golden Visa if you’re from outside the EU.

Next, you’ll need to become a tax resident of Portugal. You’re considered a tax resident when you spend more than six months a year living in Portugal.

You also need to have a Portuguese Tax Number (NIF), and make sure it’s linked to a Portuguese address. This last step is essential for successfully submitting your NHR application.

NHR benefits are available for a period of 10 years (non-renewable), starting from the date when you’re considered a tax resident of Portugal.

This is typically calculated from the date when you register your Portuguese address with the tax authorities. You can check this date on the Portuguese Finance Portal.

Taxes for Non-Habitual Resident Portugal

There’s a lot of confusion about how income is taxed under the NHR scheme.

One of the key criteria for evaluating income under NHR is whether the income originates from within Portugal or from a foreign source.

Portuguese-source income

In terms of professional activities, the Portuguese tax authorities define two categories of income from Portuguese sources as eligible for the non-habitual resident’s scheme.

  • Category A: Employment
  • Category B: Freelancers and self-employed

If your income falls into either of these categories and comes from sources within Portugal, you may be eligible for a flat rate of 20% tax.

‍Foreign source income

Portugal is often thought of as a zero-tax jurisdiction – which isn’t the case at all.

Depending on the nature of your foreign source of income, Portugal can still offer several benefits if you become a non-habitual resident.

The following types of incomes can be tax exempt in Portugal, as long as they are from outside the country: rental income, real estate gains, dividends, interest on savings, and royalties.

Foreign sourced pensions used to be taxed at 0% under NHR, but that recently changed to a rate of 10%.

Income from foreign-source dividends

 

Tax-exempt in Portugal if originating from a DTA country where the dividends are taxable at the source.

 

Income from real estate rentals and capital gains on property

 

Both are tax-exempt in Portugal under HNR, as long as they don’t originate from a blacklisted tax haven.

 

You can learn more about capital gains in Portugal here.

 

Income from cryptocurrency

 

Gains on crypto portfolios and salaries paid in cryptocurrency are tax exempt. Income from day-trading of crypto: Taxed under ordinary Portuguese progressive tax rates from 14.5% to 48%.

How to apply for Non-habitual residency in Portugal

How to apply for Non-Habitual Portugal Residence

The first step for NHR is to ensure you’re registered as a tax resident in Portugal. That means having a NIF (tax number) registered to your Portuguese address.


The deadline to make your NHR application is March 31, the year following which you become a tax resident.


Here are the steps to follow:

  • Register yourself as a Portugal resident. If you’re an EU citizen, you can do this by visiting your local town hall with your passport. If you’re a non-EU citizen, you’ll need to make an appointment with SEF to apply for your residency card.

  • Apply for a NIF. You can do this with proof of address from outside Portugal, for example, a bank statement from your home in the UK. But you’ll need to change it to a Portuguese address before applying for NHR status. If you want to apply for the NIF with your address in Portugal, bring your property deeds to the Finanças office as proof of address. A utility bill should also suffice. 

  • Next, you’ll need to register with the online Finanças portal. They will send a password in the post to whichever address is registered on your NIF. If you used an overseas address to get your NIF, make sure somebody is there to receive the letter for you and inform you of the password.

  • Once you have access to the Finanças portal, you can apply for NHR by yourself.

The Non-Habitual Resident Portugal Tax Scheme is an interesting benefit for those considering a move to Portugal.


NHR status can exempt Portuguese taxes on many foreign sources of income. However, it’s important to remember that the Portugal HNR is not a zero-tax situation if you consider tax as your main reason to get a second residency.

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Guide to Buy A Real Estate Property in Portugal

Are you looking to buy a property in Portugal? A sunny place with high standards and beautiful scenic views? Portugal can most definitely be the right choice for you.

But to buy a property in Portugal as a foreigner can be confusing and most likely complex if you do it yourself. What you’d need is professional help and information before you go ahead and invest.

This post will guide you through the information you must know to buy a property in Portugal.

Buying a property in Portugal as a Non-resident:

What are the reasons to buy a property in Portugal?

Portugal is a scenic country with beautiful places to explore. Its coasts in the Algarve region are a highly preferred destination by expats.

But in addition to that, there are other reasons why Portugal’s real estate investment can be a great decision, such as:

 

  • Portugal receives sunshine throughout the year

  • Both city and rural regions of the country are developed and great to live in

  • Holding property in Portugal for five years makes you eligible for Portugal citizenship

  • People naturalized in Portugal have the right to study, work and travel anywhere in the EU.

What are some great places to buy a real estate property in Portugal?

Since Portugal’s Golden Visa began, places like Lisbon, Porto, Algarve, and the Silver Coast have been well-known regions and top choices for ex-pats. However, with the new rules, some places are only eligible for commercial properties, and the prices are rising.

But here are some places that are becoming more popular among investors:

  • The Algarve: If you’re buying a property in Portugal as a foreigner, you must consider the Algarve. With luxury villas and condos with ocean views, it is always a good idea to invest in a property in this region.

  • Évora: If you want a place situated in an ancient city and a top destination for tourism without the high price tags of the Algarve, Évora is your answer.

  • Porto: Looking over the Atlantic and beach-front properties, Porto is both a commercial and tourist hub. It is an excellent Portugal real estate investment option with a mix of historic, scenic views and urbanism.

What is required to buy?

You must have a notary witness for signing the sales contract. You must also have a Portuguese tax number from a local tax office. 

Additionally, here’s the list of documents that you will need when buying a property in Portugal:

 

  • Photo ID

  • The property’s energy certificate

  • Stamp

  • Land register

The step-by-step process for buying a property in Portugal

Here are the steps for buying a property in Portugal:

 

Step 1: Acquire a Portuguese tax number (NIF) from a government office and open a Portuguese bank account. Learn more about Portugal’s Golden Visa application here.

 

Step 2: If you choose the residency by real estate investment, you should look for properties and find a place that suits you. If you are planning on taking a mortgage, figure out which plan works for you and start by negotiating its price with the seller.

 

Step 3: Once the mortgage is decided upon, make a down payment, usually around 10% of the property price but generally, its up to the parties. Moreover, you must show the bank proof of your income to qualify for a mortgage.

 

Step 4: Sign Contrato-Promessa de Compra e Venda (CPCV) required to offer a guarantee to both the buyer and the seller.

 

Step 5: Sign and notarise the property deed or sales contract. As explained above, you will need a witness and a list of documents to sign it.

 

Buying a property in Portugal as a foreigner can be a confusing process. That’s why it is essential to consult experts to save your time and money.

 

At Golden Port Visa, we’ll assist you from the start to the end of the process to make it as stress-free as possible for you.

 

Our migration experts and customized solutions help you through the Portugal Golden Visa program so you can be equipped with all the right tools and ready for the transition.

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Portugal Golden Visa Guide 2023: Everything you must know

The definitive Portugal Golden Guide for 2023

 In this article, we’ll provide a comprehensive Portugal Golden Visa guide to help you navigate the process and make an informed decision about your investment.

 

Portugal has been a popular destination for tourists and ex-pats alike for many years, thanks to its beautiful beaches, rich culture, and fantastic climate.

 

However, in recent years, Portugal has become even more attractive to foreign investors looking to get residency through the Portugal Golden Visa program.

 

If you’re considering investing in Portugal and obtaining a Golden Visa, you must understand the application process and requirements.

 

This Portugal Golden Visa Guide will tell you everything you need to know about the program and how it can work for you.

 

The Portugal Golden Visa is the most popular program across the globe. Launched in 2012, it has earned a massive name as a residency by investment program.


But with so much information on the internet and many changes to the rules, it is easy to get overwhelmed and confused about where to start -so, without further ado, let’s take a look.

Portugal Golden Visa Guide overview:

Qualifying Options & Eligibility for Investment

Here’s everything you need to know about the Portuguese Golden Visa:

  • The first thing you need to know about the Portugal Golden Visa is there are multiple investment options to qualify for the Golden Visa. The most sought-after route is real estate investment because it’s the one with the lowest investment thresholds, 280,000 EUR.

  • In the first year after buying a Portugal Golden Visa property, you must stay seven days per year to maintain your residence status in the country.

  • To apply for the Portugal Golden Visa, you must gather all the documents to start the process. Just so you know, if you are applying with your family, you must also collect their documents.

  • After five years, you have three options: Make an application to become a Portuguese citizen, apply for a permanent residency in Portugal, or continue with the Golden Visa program for temporary residence

The Portuguese government offers you a range of investment options to be qualified for the Golden Visa. Here’s a list of the investment options you get to choose from.

  • Real estate investment: €280,000 to €500,000
  • Investment fund: Minimum of €500,000
  • Capital transfer: €1.5 million
  • Job creation: Create at least 10 new full-time jobs in a Portuguese business or invest €500,000 in an existing Portuguese business and create a minimum of 5 full-time jobs.

Real estate investment is by far the most selected option among investors and entrepreneurs because some properties have a guaranteed rental income, which means you can have a return on investment while waiting for your Portuguese citizenship.

Portugal Golden Visa Investment Fund
Eligibility Criteria

The eligibility criteria for the Portugal Golden Visa are straightforward, you must meet the following points to apply:

✅ Main applicant must be 18+

✅ No criminal records 

✅ Not having a EU citizenship

✅ Invest in Portuguese real estate / funds

One of the things you might be looking forward to is the Portugal Golden Visa program’s fee structure, we’ll talk more about this in the next chapter.

As far as the requirements for investments are concerned, you need to have a clear criminal record and medical insurance to clear any stay in Portugal.

The time it takes to process and issue the Portugal Golden Visa permit will depend on how busy its corresponding immigration office is at the time. 

Though the purchasing process of the property might take 1 -3 months, the visa application would be completed in the following months.

Our Lisbon-based international team will assist you through getting the Golden Visa. You don’t need to spend time looking for properties or handling legal paperwork.

Portugal Golden Visa Properties
Benefits and Privileges

The Portuguese residency program is one of the most popular both in Europe and the world and for good reasons.

  • You can choose from various investment options that will give you and your dependants permanent residency and citizenship in 5 -6 years.
  • You only need to spend seven days per year to maintain your residency.
  • While you hold a Portuguese residence permit, you are allowed to travel visa-free in the entire Schengen area.
  • Once you become a citizen, you can live and work anywhere in the EU/EEA and get the world’s 4th best passport.
  • Portugal is a safe and stable country with an excellent and affordable quality of life, good healthcare and education options, well-connected airports, and the best climate in Europe.

How much does it cost? - Portugal Golden Visa Costs, Fees, and Real Estate Taxes

The Portugal Golden Visa costs, fees, and taxes are considerably lower than other European countries’ golden visa programs which makes the Portugal’s program one of the most affordable and cost-effective Golden Visa program in the world.

In this section, we will inform you about the additional costs, government fees and real estate taxes, if you are planning to invest in the Portuguese real estate market and get the benefits of the Portuguese residency.

There are Portugal Golden Visa fees and costs directly related to the application submission fees, the investment costs and renewals.

The processing fee is paid at the time of application submission for both the primary and dependent applicants. At renewal, all members will need to pay this fee again.

Real estate investment payments

When purchasing a Portugal Golden Visa property, there are costs directly related to the purchase of a property.

The costs vary depending on the purchase price, type of property (commercial or residential) and whether it will be your primary or secondary residence in Portugal.

Portugal Golden Visa calculator

We offer you a standard calculator so you can play with the different investment amounts as well as the family members you wish to add to your  Portuguese Golden Visa application. 

The final cost is informative only.  Contact us if you wish to receive a custom quote for a project.

Select Your Investment

Household

Spouse

Dependents

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6+
 Property Costs 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Property Invesment 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Works Contract 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
IMI - Municipal Property Tax (annual) 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
 Purchase Costs 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
IMT - Municipal Property Transfer Tax - apartment 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Stamp duty 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Deed and registration 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Works VAT 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
 Visa Costs 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Main Application (€581.76) 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Dependent Applications (€581.76 each) 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Card issuance (€5812.11 first year; €2906.61 afterwards) 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
 Other Costs 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Tax Representation 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Tax Advisory 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Total 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €

Disclaimer: This calculator refers to standard values for the Portugal Golden Visa. A specific calculator will be sent upon request for each project.

How long does it take to get the Portugal Golden Visa?

Portugal started issuing golden visas in 2012, and to this day, it is one of the most affordable and fastest way to become an EU citizen. Simply your best option as a non-EU citizen looking to obtain EU citizenship or simply visa-free travel.

So, if you are ready to start the process and have checked all the documents required then the ultimate question is, how long does it take to get the golden visa?

Applying for a second residency does take a bit of work and effort.

But don’t worry, here at Golden Port Visa we assist you through the entire application process from the beginning to the end, and the best of all? You don’t need to come to Portugal until it’s time to submit your biometrics.

Getting your Portuguese Golden Visa will take between 4 to 12 months.

The time it takes to process and issue the Portugal Golden Visa permit will depend on how busy its corresponding immigration office is at the time.

The process can be done remotely – our expert Portugal Immigration consultancy is ready to help you with the entire process and navigate the local bureaucracy to make the application process as smooth as possible. Learn more about Portugal’s Golden Visa Application here.

Portugal golden visa timeline

Month 1-3

Application starts here

Get a NIF number,open a bank account € make your investment

Month 10th

Get your golden visa

You and your family get a two years valid care after submitting your fingerprints

Year 2

Renew your residence permit

In these two years,you must have spent 14 days in portugal to renew your card

Year 4

2nd renew or residence permit

With each renewal your residence permit will be extended for anothwer 2 years

Year 5

Apply for citizenship

At the end of the fifth year,you can apply for Portuguese citizenship or permanent residency

After 5 years, you are eligible for Portuguese citizenship or Permanent residency as well as your dependents. This gives you the right to live, work and study in any other Schengen Area country. Overall, Portugal is a very people-friendly country and provides a quality life for anyone who wants to invest, live or retire here. If you want to know more about investment via the Golden Visa Program, Golden Port Visa is here to guide you through the process and give you local insights.

I’m sold. I love Portugal. Let’s Begin.

 You’ve already taken the first step that many people aren’t willing to take.

Some people will look at our page, read our blogs, and say, “Wow, getting a second residency is simple.” But they never took action and forgot about the benefits and the safety of having a second residence.

Filling out our form and opting into the Portugal Golden Visa Guide is a huge first step. 

And you can directly apply some of this information today when the time’s right. So, you have decided Portugal is the best option for you and your family, and we want to congratulate you for putting their future and safety first.

The average processing time for Portugal Golden Visa is 8 months, according to our latest experience with applicants.

But with the new Golden visa rules in Portugal, you should expect a delay of more than 10 months for new GP applicants.

So better start now than later. Here’s the first mission you can take now to start your application process and get the Portugal Golden Visa.

The first step is to collect all the required paperwork for you and your dependents (if you are applying with your family members).

Portugal Golden Visa Guide: Everything you need to know

At Golden Port Visa, we will assist you through the entire process and ensure all the paperwork is in place before making your application. These are the documents you must collect to start the process:

  • Valid passport
  • Evidence of healthcare coverage
  • Clean criminal records check
  • Evidence you don’t owe any taxes in Portugal
  • Proof of investment payment
  • Proof you’ve paid your application fee

Whether you’re seeking to invest in the sunny Algarve in Portugal or secure your family’s future with an EU passport, we’ll review all of your documents and prepare your Golden Visa application in a way that complies with government requirements without risking your application being delayed or even denied due to a simple mistake. 

 

Working with Golden Visa experts gives you a streamlined application process.

 

In this Portugal Golden Visa Guide we’ve covered most of the frequent questions our clients ask from the processing time to how they can take action now.

 

Still got questions about the Portuguese residence permit by investment? Here are some common questions and answers you might want to look.

If your question is not displayed in the Portugal Golden Visa Guide or our FAQs, please contact us to assist you better.

Portugal Golden Visa Guide last update: 24/05/2023

FAQs - Portugal Golden Visa Guide

Is the Portugal Golden Visa still available?

Although the Portugal Golden Visa program is ending, there is still time to apply for it. However, it is crucial to start the process now because time is of the essence.

Applications submitted before the new legislation takes effect will be exempt from any subsequent changes to the program.

Is the Portugal Golden Visa ending?

 Yes, the Portuguese Government announced that the Portugal Golden Visa program is ending. More information about the program on the 2nd of June.

Can you still get a golden visa in Portugal?

Yes, you can still apply for the Portugal Golden Visa program; further details will be available on June, 2023.

What are the Portugal Golden Visa changes in 2022?

The Portugal Golden Visa program changes in 2022 pertain to real estate and capital transfer investment options.

Since January 2022, applicants have been unable to purchase residential property in Lisbon, Porto, and much of the Algarve, as well as in coastal areas such as Setúbal and the Silver Coast.

Capital transfer requirements have increased from €1 million to €1.5 million, and the requirements for the investment fund route, research option, and investment in an existing Portugal-registered business have increased from €350,000 to €500,000.

How much is a Golden Visa in Portugal?

Fees paid to the government over the five years for the primary applicant are around €11,000 EUR. The investment amount and related fees total will vary (depending on the investment option chosen). However, the lowest amount when investing in real estate is €280,000 EUR.

What is the Portugal Golden Visa approval fee?

Portugal Golden Visa approval fee imposed by the Portuguese government per family member is €5,325 EUR. The renewal fees are 50% of those rates. And there is a processing fee on application and renewal of €533 EUR for the principal applicant plus €84  EUR per family member.

How does Golden Port Visa make money?

Although you do not pay us directly, we get paid by referrals from the lawyers and real estate developers. Now, you might think its good to go directly to them and organise the Golden Visa application yourself, but you will probably find that you will pay the same price yet not have the benefit of support and point of contact for all your application and renewals.

We are committed to be your partner in Portugal for the success of your Golden Visa. We are a valuable partner for you.

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Portugal Golden Visa Properties 2022

In this blog post, we will take a closer look at the available properties for the Portugal golden visa program and help you decide which one is the best fit for you.

The Portugal golden visa program is a great way to get residency in Portugal. You can invest in a property and get a visa that allows you to live and work in Portugal.

The program is very popular, and there are many properties available. You can find properties that fit your budget and lifestyle.

From January 1st, 2022, the Portugal Golden Visa properties in Lisbon, Porto, and many coastal areas no longer qualify for Golden Visa goals.

The Portuguese Golden Visa has been one of the best opportunities for non-EU/EEA nationals to access the EU’s Schengen area with the Portugal residency program.

If you are looking at qualifying real estate investment, chances are you have done your research on the Golden Visa program already.

Since there has been a change of rules, we thought this was the best time to give you some up-to-date information about the available Portugal’s Golden Visa Properties.

Qualifying Portugal Golden Visa investments 2022

Due to the popularity of the real estate route in the most popular areas of the country, there have been some significant changes taking effect this year.

Luckily, the investment options and their amounts have remained the same:

 

  • A €500,000 minimum investment in commercial properties

  • A €400,000 minimum investment in property in low-density areas

  • A €350,000 minimum investment in commercial properties requiring rehabilitation*

  • A €280,000 minimum investment in property in low-density areas requiring rehabilitation*

 If you do end up going for an interior region, the majority of them are classed as low-density anyways, meaning you will not need to invest as much.

It’s quite clear that investing in real estate has proven a popular path for the Portuguese Golden Visa.
 
Its affordability is partly a reason why the Portuguese visa is by and large the most popular one out there.
Portugal Golden Visa Properties

While residential real estate generally offers the chance to earn a high yield (depending of course on factors such as location and the possibility to rent it out), a managed investment in commercial real estate is also worth considering.

Both are great options with their own pros and cons, but the commercial real estate option also has several advantages over the residential route, including:

  • IMT and VAT are often included in the price

  • Many investments come with pre-approved yield payments and/or buyback

  • It can be organized remotely, and management is done by the developer

  • There are a lot of investments at the €280,000 and €350,000 levels, and investments in prime areas

  • Investments are generally quite predictable and stable

  • Most real estate developments allow you to stay there for the minimum amount required to be in Portugal for the Golden Visa.

That said, it still has a few potential disadvantages, such as:

  • Lower yield compared to residential real estate

  • You can’t make your investment your home

Realistically for residential real estate investments, you are going to be looking at either the €500,000 on commercial properties in high-density areas or €400,000 on residential properties, unless you plan on taking on a renovation project.

Taxes and fees

No matter what path you choose, you will have to pay taxes on top of your investment. Some of these taxes and fees will be billed at purchase, while others will come after the purchase.

At purchase you will/may need to pay:

  • IMT (Property Purchase Tax)

  • Stamp Duty

  • Notary costs

  • Mortgage tax (if you have a mortgage)

There are actually several possible exemptions from paying IMI, for example, if you choose to live in the property or rent it out, you can get an exemption for three years, and if you decide to rent the property after the three years exemption there is a flat 15% tax apply on the net rental income. 

You can also get a temporary exemption between three and five years if the property is going to be renovated.

Learn more about the Portugal Golden Visa Process and timeline here.

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Portugal Golden Visa 2022 Changes

Portugal’s golden visa program is one of the most popular residency by investment programs in Europe and the world, in this article we’ll cover the new changes applied in Portugal Golden Visa 2022 and how you can take advantage of the current situation of the economic landscape.

Whether you’re looking for a permanent residency or citizenship the Portuguese golden visa is the ideal program if you’re trying to lower your taxes, expand your business to a dynamic market or secure your family’s future with an European passport.

Portugal golden visa 2022 opportunities:

If there is a lesson we have learned from the past two years with a pandemic and now with Russia and Ukraine war, it is that our world can change in an instant.

Many people are keen to secure a safe haven in another country with alarming events.

We’ve talked to clients worldwide on a daily basis and all have their reasons when deciding to get the Portuguese residecy.

It all comes down to the options that this second passport gives them.

With a lot of Golden Visas Programs out there is easy to feel overwhelmed, and just thinking about starting the process makes things complicated, but we know clients often face these challenges:

  • Getting a Schengen visa. Getting their money out of their country.
  • Getting an overseas account open.
  • Getting a resident status in a safe country that allows you to live, work, and study.
  • Having all your assets, investments, and saving in your home country in the same currency means heightened risks if the currency exchange rate plummets.
 

 But imagine the relief you and your family feel if you:

  • Have a solid option to move out of harm’s way in neccesary circumstances.
  • Having investments outside of your home country, serving as a hedge on the currency and also on the asset value if anything happens in your country.
  • Have a resident/ citizenship status in another country, where you can enter without needing a visa and start a new life.

Portugal is becoming popular as a destination for long-term residency for retirees, wealthy entrepreneurs, business people, and families.

Portugal offers and incredible weather, high safety and security levels, low living costs, a relaxed lifestyle, and good healthcare.

Getting a Portguese residecy is simple, but there are some important thing to know.

If you’re not an EU/ EEA/ Swiss citizen and nor is your partner, you can go with the Golden visa program to become a Portuguese resident.

The main prerequisite is to have at least €280,000 available to invest in Portugal.

 

Portugal CBI

Real estate changes for Portugal golden visa 2022

The new rules of the Portugal residency by investment or golden visa program limit locations where you can invest in a property. The minimum investment remains the same, while there geographical restrictions on the qualifying areas.

You’re no longer able to purchase a property in major cities such as Lisbon or Porto or coastal towns of the mainland.

Only properties investments inland and low-density areas are eligible.

Learn more about the Low-density area in Portugal here

Portugal offers many investment types that qualify for the Golden Visa. But the residency by real estate investment is the most attractive among our clients because they might earn rental income while waiting for citizenship status.

Applying for a second residency does take a bit of work and effort.

But imagine the possibilities you would have with your Portugal Golden Visa, contrary to those that thought of the idea of getting it.

Golden Port Visa is an immigration consultancy that will assist you through the process of the Portugal Golden Visa.

You won’t have to spend your time looking for properties to invest in. You don’t need to come to Portugal to start the process. We handle all the paperwork so you can focus on important matters.

Getting Portuguese citizenship is the end goal for many people who seek residency. You need to maintain your temporary residency status for five years before becoming eligible to apply for citizenship.

Portugal Golden Visa 2022

Why is the right time to invest in Portugal?

The Euro’s drop to a five-year low is reaching parity versus the dollar for the first time in two decades. This is the time to consider buying Euro-denominated assets cheaply.

Portugal has hit big numbers in tourism in recent history during the pandemic and became stronger. Tourism increased in the last recession as Europeans stopped taking exotic holidays and looked closer at what they have best at home.

If you’re looking for a haven, a second home, or a fresh start – then Portugal might be exactly what you need.

Contact us to know more about how to get a Portugal residency. Our international team is available to answer all your questions.

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Portugal Golden Visa For UK Citizens

With Brexit, it is harder for UK citizens to move freely in the EU. They have been searching for ways to keep their travel rights across Europe. 

 

We’ll explain the Portugal Golden Visa program, what the requirements and process look like, and why it’s a perfect option for Brits to regain their EU citizenship.

 

UK citizens could not apply to this program in 2020. However, British citizens can apply for a Golden Visa in Portugal after Brexit. 

 

This program grants a UK citizen the right to travel, work and study freely around the Schengen area. A right that Brexit partially took away.

Portugal Golden Visa For UK citizens:

Does Portugal’s Golden Visa lead to citizenship?

Definitely, the Portugal Golden Visa for UK citizens is one of the most convenient and quickest ways to get EU citizenship after Brexit.

You’ll have to maintain your residency status for five years through your investment of preference. The residency by real estate investment is the most attractive because investors own properties, and some have a guaranteed rental income.

After holding your residency status for five years, you’ll be eligible to submit your application for Portuguese citizenship.

Benefits of the Portugal Golden Visa for you as a UK citizen

UK citizens face long queues at European airports, restrictions on the number of days they can stay within the Schengen area as tourists, and complicated bureaucratic processes to obtain residency.

The good news – if you are a Brit reading this article, getting the Portugal Golden Visa is a great first step.

 

The benefits include the following:

  • Portugal residency permit, allowing you to travel, work and study without any restriction throughout the EU.

  • Rights to residency in Portugal, the Portugal Golden Visa program is one of the most flexible residency programs of all. You don’t have to live there all year round, just seven days per year in-country within the first year you get your residency card permit. 

  • Get EU rights for your family. As a Golden Visa holder, your immediate family member has the right to residency in Portugal alongside you. That puts them on the same five-year track to eligibility for citizenship.

  • Healthy return on investments. The Portugal Golden Visa properties is an increasingly popular option in hot tourist destinations. Depending on which Golden Visa option you choose, there’s the potential for making significant returns on your investments.

  • Low cost of living in Portugal. With the recent news of massive cost of living increases in the UK, many will look further for cheaper options. Portugal is still relatively affordable, without the same extreme price increases in food and fuel recently in the UK.

  • Affordable healthcare. If you spend more than half the year in the country, you and your family will qualify for coverage through the country’s healthcare system. But if you stay less than half the year in the country, you are considered a temporary resident. Therefore, you do not yet qualify for resident/citizen insurance. But, the cost of private insurance is relatively low though, ranging from 150 to 1000 EUR.

  • Favorable tax policies. Portugal has the Non-habitual-resident tax scheme, which allows UK citizens living in Portugal with the Golden Visa to access an attractive tax treatment on their foreign income, including pensions, dividends, and rental income. The Portugal Golden Visa gives you full access to the NHR benefits – if you choose to live in Portugal.

  • Fantastic weather. Last but not least, if you choose to live in southern locations such as the Algarve or Madeira, you’ll have sunshine and warm temperatures most of the year-round. 

The main requirement for UK citizens to get the Portugal Golden Visa is to make a significant investment in Portugal. You also need to be a non-EU/EEA citizen with a clean criminal record and at least 18 years old. Learn more about the Portugal Golden visa requirements here.

The Portugal Golden Visa for UK citizens is the best path to regaining your EU rights.

At Golden Port Visa, we’ll assist you in navigating the Portuguese bureaucracy to get the Portugal Golden Visa by real estate investment.

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Portugal Golden Visa Law Firm

Portugal has become a relocation paradise for many, investors, digital nomads, and wealthy entrepreneurs who are taking advantage of the 10 years of tax-free worldwide income, offered by the Non-habitual residency program. 

 

Golden Visa holders already have the right to reside in Portugal and enjoy free travel within the 26 nation members of the Schengen zone. 

 

Portugal has seen a consistent rise in property value in the national market, which offers the most affordable options compared to other Golden Visa programs such as Austria and Germany, as they do not have a residency by real estate investment option. 

 

Although there are many investment options, real estate is by far the most convenient to start the application process and is the most attractive because of its return on investment.

 

Working with an experienced real estate investment consultancy is the best way to start if you want to find good real estate investment opportunities in Portugal. 

 

At Golden Port Visa, we specialize in real estate and our Lisbon-based team is ready to guide you through the national market to find the ideal property that fits your needs.

 

Applying for a second residency or citizenship does take a bit of work and effort, and sometimes might seem challenging. 

 

As the program is getting popular among entrepreneurs and investors, the program is evolving and there are many areas an applicant can take the wrong turn and end up more confused about the next steps. 

 

While the costs of lawyers are not small, the cost of making a mistake in the immigration process could potentially cost even more. 

 

 

We have partnered up with a legal firm to assist you in every step of the application and navigate through the local bureaucracy to make the process as stress-free as possible, most of the process can be done remotely by our partners and you only need to be present when you are getting your residency card.

 

There are many advantages to obtaining a Golden Visa in Portugal. These rights include the ability to work in Europe, as well as the freedom to travel freely within Europe, and, in particular, the ability to apply for EU citizenship after five years.

 

Learn more about the Portugal Golden Visa requirements here.

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Why is Portugal the most attractive option for a second passport?

A year-round Mediterranean climate. Beaches with crystal blue waves. Irresistibly gastronomy full of fresh seafood. These are some extra perks about living in Portugal. The sunny seaside nation attracts international travelers and is also getting the attention of savvy investors and wealthy entrepreneurs.

 

In an effort to attract foreign investors and property buyers, Portugal introduced Europe`s first Golden Visa Program in 2012. By all means, the residency by investment program was a success – since its launch, the investor visa program has generated more than €3.7 billion.

 

The residency by investment program allows any third-country national – and anyone who is not a Portuguese or EU/EFTA citizen – to gain residency in Portugal with a qualifying investment in the country. Learn more about the investment options here.

 

Thanks to this program, Portugal is one of the most dynamic property markets in Europe. Even as the property market flourishes, Portuguese real estate remains an exceptional value. 

 

By holding an investment in Portugal you are entitled to enjoy these benefits:

 

Affordable cost of living

 

You will be surprised by the cost of living compared to other western European countries. It is the most affordable and considered by many entrepreneurs, digital nomads, and investors. How much you spend will depend on your lifestyle.

Quality of life

One of the most important aspects many consider before visiting or moving to another country, whether solo or with your family, is its safety. Portugal is ranked as the 3rd safest country in the world in 2020 by the Global Peace Index. You will find that locals often help with queries unreservedly, given their peaceful nature.

Favorable Migration, citizen and tax

The tax scheme introduced a range of tax benefits for EU and non-EU citizens, making obtaining residence by investment quick, stress-free, and financially lucrative. The aim is to encourage direct foreign investment to strengthen the Portuguese economy.

 

Portugal offers a selection of attractive advantages for those choosing to invest in property, with favorable tax regulations like the Non-Habitual Residence (NHR).

 

This is another buyer-incentive program designed for international investors and professinals to legally earn qualifying foreign-sourced income without paying taxes in Portugal. Under the NHR, sources of income that are eligible not to be taxed include foreign-source self-employment, capital gains, investment income, rental income, royalties, and occupational pensions.

 

The Portugal Golden Visa program is known for being the fastest way to EU citizenship, if you hold your investment for five years you decide whether keep the resident card or apply for the citizenship, the second will give access to a powerful passport ranked 3th in Global Power Rank 2020 with free visa or visa on arrival access and giving you the freedom and mobility to live and work in all 26 EU countries as a local citizen.

 

 

If you want to invest in a yielding real estate European market, feel free to contact us. Learn more about the Portugal Golden Visa Benefits and how to get the Golden Visa.

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Portugal Golden Visa Migration

Portugal golden visa has become a popular destination for migration in recent years, thanks to its “golden visa” program. The program offers a fast track to residency and citizenship for investors who meet certain criteria.

 

So far, it has been a success, attracting billions of euros in investment and helping to boost the economy.

 

In this article, we’ll cover opportunities for Portugal golden visa migration.. 


The Portugal Golden Visa program, also called the Residence permit for investment purposes – allows eligible investors to get a Portuguese residency permit. 


The Golden Visa holders and their families are entitled to live, work, study and travel in Portugal without restriction. 

 

The Portugal Golden Visa is the most alluring program among other European programs. After around 5 years, you are eligible to apply for Portuguese citizenship.

Who may apply for the Portugal Golden Visa Program?

The Portugal Golden Residency Visa is open to non-EU/EEA/Swiss nationals. The main applicant must be at least 18 years old and have no criminal record in either his or her home country or Portugal. 

Portugal’s tax benefits make it a desirable location to extend business operations. American business owners can apply for the program and take advantage of the Portugal Golden Visa Benefits.

Since U.K passports have lost their freedom of movement in the Schengen area because of Brexit, British investors are also eligible to apply for the Portugal Golden Visa program and regain EU rights for themselves and their families in the most flexible way possible.

The Portuguese Golden Visa is also excellent for Chinese, Brazilians, South Africans, Turkish, Russians, and Hong Kong citizens.

 

Hongkongers had special rights in the UK, but since the effect of Brexit, they are turning away from the UK in favor of EU member countries like Portugal, where the advantage of the speed of this program gives them the freedom to travel, work, and study.

The Portuguese Golden Visa is not instant citizenship by investment programs such as Malta’s, but allows you to access citizenship within a reasonable timeframe of five years. Depending on your investment type, you will have the potential for good returns on your investment. 

 

By choosing real estate as an investment, you can generate returns while waiting for citizenship and get your whole investment back upon exit.

 

At Golden Port Visa, we will assist you to find the ideal property that matches your needs giving you local insights from our Lisbon-based team.

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ABOUT US

We help you navigate the legal & administrative requirements of the Portugal Golden Visa programme.

During your visits we will organise everything for you, including pick ups, propety visits and more!

Based in Lisbon, we are a Spark Capital company. Visit our office.

 

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