Golden Visa Lawyers in Portugal
Our lawyers can help with the Golden Visa process in Portugal.
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What is the Portuguese Golden Visa?
The Golden Visa is the residence permit for non-EU citizens who want to live in Portugal. It carries the greatest benefits and flexibility for the holder while offering the simplest application process. With this visa, you and your loved ones can live and work in Portugal straight away.
Since July 2023, you could make a significant investment in Portuguese real estate to get this Visa. However, the Portuguese goverment removed this option and is not available anymore.
- Capital transfer:
- €1.5 million minimum capital transfer into a Portuguese bank account or approved investment.
- €500,000 in an investment fund or venture capital fund unit committed to investing in Portuguese companies. They must have a maturity of at least five years. Also, at least 60% of the investment portfolio must be in Portuguese companies.
- €500,000 in public or private research as part of a national scientific and technological project.
- €250,000 in supporting an artistic production or in the recovery or maintenance of national cultural heritage
- Business:
- Creating at least ten new jobs. This falls to eight new jobs if it’s in an area with a low population density.
- A €500,000 investment in creating or increasing the share capital of a Portuguese company. This investment must create or support at least five permanent jobs for three years.
The Portugal Golden Visa also gives you visa-free travel in Europe’s Schengen area.
How To Obtain The Golden Visa
1. Choose your option
The first step to Portuguese residency is to identify and plan which path do you want to take in order to get the Golden Visa, if the Capital Transfer or the Business path. Remember, you will have the following options:
- Capital transfer:
- €1.5 million minimum capital transfer into a Portuguese bank account or approved investment.
- €500,000 in an investment fund or venture capital fund unit committed to investing in Portuguese companies. They must have a maturity of at least five years. Also, at least 60% of the investment portfolio must be in Portuguese companies.
- €500,000 in public or private research as part of a national scientific and technological project.
- €250,000 in supporting an artistic production or in the recovery or maintenance of national cultural heritage
- Business:
- Creating at least ten new jobs. This falls to eight new jobs if it’s in an area with a low population density.
- A €500,000 investment in creating or increasing the share capital of a Portuguese company. This investment must create or support at least five permanent jobs for three years.
2. Gather the documentation
Next, you need to obtain all the necessary documents, like a bank or criminal record certificate. All public documents must be legalised and those not in Portuguese must be translated by a certified, sworn translator. The Immigration lawyers at Lexidy regularly work with qualified and verified translators and will recommend someone convenient for you.
3. Golden Visa application
After completing the transaction and gathering the necessary documentation, the applicant submits the application online. Once the authorities approve the residence permit, the applicant must then schedule an in-person meeting with the Portuguese immigration authorities.
The applicant will receive the residence permit at this appointment. It will be valid for two years and can be renewed by simply maintaining the investment.
What Documents Do I Need?
Bank deposit investment:
You will need a certificate issued by the financial institution which brokered the deal. It must state that you are the only holder of this investment.
Company shares:
There must be a certificate from the company that received the investment, and it has to show your name clearly. It should also include how much money you invested and when it was purchased.
The applicant must provide the following documentation once confirmed by immigration authorities.
- Two passport photos
- A valid passport with at least two blank pages
- A completed application form
- A criminal record background check
How Do I Renew The Golden Visa
It’s relatively easy to renew a Portuguese Golden Visa. For most, it’s no more challenging than simply keeping the original investment and showing proof to the Immigration officials. They are known as SEF.
You need to spend at least seven days a year in the country to qualify. This is less demanding than in other European countries. You must also show that you can support your and, if applicable, your family’s lifestyle while in Portugal. You should also have a valid medical insurance policy.
The initial residency permit is issued for a two-year period and can easily be renewed every two years. After five years of living in Portugal, Golden Visa holders can get Permanent Residency or Portuguese Citizenship. These statuses have additional rights.
Our lawyers will explain if you’re eligible to apply. They will also help you understand the other residency by investment programs.
Portugal asks for a clean criminal record and proof of a local address. Sometimes, you may need to provide other paperwork like marriage certificates, so we recommend working with an immigration expert.
We offer a wide range of services for investors at Lexidy. Our skilled and committed team has years of experience in legal counsel, management, real estate, conveyancing, new visas, immigration challenges, residence, and investment opportunities for investors with a global perspective.
If you are thinking to apply for the Golden Visa in Portugal, contact us for a free consultation of your case and our expert lawyers will help you with anything you need!
How can a lawyer help me with the golden visa?
A lawyer can be a valuable asset in helping you with the Golden Visa process in Portugal by:
Assessing eligibility: A lawyer will review your investment plan, which typically includes real estate purchases of at least €500,000, capital transfer, or job creation, ensuring it meets the requirements for the Golden Visa program.
Document preparation: They assist in gathering necessary documents, such as proof of investment, financial records, and health insurance, ensuring all paperwork is in order.
Application submission: A lawyer ensures your Golden Visa application is accurately completed and submitted to the relevant Portuguese authorities, minimizing the risk of errors or delays.
Managing the investment: They guide you through the legal process of making your investment, such as purchasing property or transferring funds, ensuring compliance with Portuguese laws.
Appealing rejections: If your visa application is denied, a lawyer can help appeal the decision and address any issues that caused the rejection.
Ongoing legal support: They assist with renewals, maintaining your investment, and advising on the path to permanent residency or citizenship in Portugal.
If you’d like, we can discuss your specific situation in more detail to help you through the Golden Visa process in Portugal.
Our team of experienced lawyers is ready to assist you and guide you through the entire application process. Let us help you make your dream of living and working in Portugal a reality.
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Quality Life for You and Your Business
Why Portugal?
Obtaining a golden visa in Portugal offers numerous advantages. Firstly, it opens an opportunity to live in one of Europe’s most captivating countries, with its vibrant cities, stunning coastline, and rich cultural heritage. Secondly, the visa enables access to Portugal’s thriving digital and tech ecosystem, fostering networking opportunities and professional growth. Lastly, you will immerse in the warmth of Portuguese hospitality, savor its delectable cuisine, and explore its diverse regions while maintaining a flexible work-life balance.
Cultural immersion
Experience the rich Portuguese culture.
Location
Explore Europe without visa restrictions.
Stable economy
Portugal has a stable and growing economy
Delicious cuisine
Taste world-renowned Portuguese food and wine.
Affordable living
Cost of living is lower compared to other European countries.
Healthcare access
Access to high-quality healthcare facilities and services.
Skilled workforce
Portugal has a highly skilled and multilingual workforce.
Travel Opportunities
Explore diverse regions within Portugal.
Frequently Asked Questions
Can I get a Golden Visa by buying an apartment?
No. Since July 2023, you cannot get this visa by making a significant investment in Portuguese real estate.
How long does it take to get a Golden visa?
If filed online, the Portuguese border authorities, known as SEF, have 60 days to analyze the application. Once it’s approved, the Lexidy team will book an appointment for the authorities to collect the applicant’s biometric data. This appointment would be the first where it’s mandatory for the applicant to be physically present in Portugal.
Can I work with Golden Visa?
Yes, the Golden Visa comes with a work permit for you and your family members.
Can my spouse/partner and my children apply as my accompanying family members?
Your partner or children can apply with you if you can support their lifestyle. You will need to provide extra paperwork such as marriage or birth certificates.
Unmarried partners who can prove a long-term relationship can also apply as dependants.
Do I have to stay in Portugal for a certain period of time if I am an investor?
It is mandatory to spend at least seven days per year in Portugal. The Temporary Residency Permit is issued for two years and can be renewed every two years.
However, in the fifth year, the applicant can apply for Permanent Residency or Citizenship. They must meet the legal requirements, one of which is to pass a Portuguese test at A2 standard.
Speak to a lawyer to better understand your options as a resident in Portugal.
Our Team
For us, Lexidy is a way of life and what excites us the most is to be able to deliver the happiness and satisfaction of a successful immigration process. We want to help you achieve your goals and dreams, whether it’s residence in Portugal or simply an investment.
Visit us: Rua Joaquim António de Aguiar n.º 43, RC Esq, Lisbon, 1070-150 (Portugal)
Call us: +351 210 200 969
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