An application for the Portugal Golden Residence Permit Programme depends on the fulfilment of one of the following conditions:
1. FINANCIAL ASSETS
Either a minimum investment of €500,000 in units of a Portuguese venture capital fund that invests in small or medium sized businesses;
Or a minimum of €1 million in any other type of financial asset, including deposits at a Portugal-licensed bank and/or securities of any type issued by a Portuguese entity.
2. JOB CREATION
A business that creates a minimum of 10 new permanent jobs in Portugal (reduced to a minimum of 8 if located in a low density area*).
3. PURCHASE OF REAL ESTATE
A minimum investment of €350,000 in properties and their renovation (reduced to a minimum of €280,000 if located in a low density area*), subject to the properties:
- either having been built at least 30 years ago;
- or being located in designated areas of urban renovation;
A minimum investment of €500,000 in any other type of real property (reduced to a minimum of €400,000 if located in a low density area*).
4. SCIENTIFIC RESEARCH
A minimum investment of €350,000 in scientific research that is conducted by institutions that are part of the national scientific and technological system (reduced to a minimum of €280,000 if located in a low density area*).
5. ARTISTIC PRODUCTION / NATIONAL CULTURAL HERITAGE
A minimum investment of €250,000 by investing in, or supporting, the artistic production or the recovery or maintenance of the national cultural heritage that is conducted by accredited institutions (reduced to a minimum of €200,000 if located in a low density area*).
- Location: the investment may be made in any location within the national territory (or through a Portuguese bank in the case of the financial assets route).
- Duration: the investment must be kept for at least 5 years, but the target or type may be varied, subject to prior approval by the border agency.
- Charges (e.g. mortgages): the investment must be kept free of charges, but only in respect of the minimum required amount, there being otherwise no restrictions.
- Structure: the investment may be made privately, whether singly or jointly, or through a company. In the case of a company, this must be a single-member private company, either based in Portugal or in another EU country, in which case it must have a branch in Portugal; and the relevant amount will be that of the paid-in shares in the Portuguese company or else the pro rata of the capital allocated to the Portuguese branch. Under current law it may be possible to invest outside Portugal and/or to register charges against assets only in respect of the investments made by a Portuguese company in which the investor has a minimum of €1 million in fully paid-up shares.
- Real Estate: the property may be of any type (residential, commercial, agricultural, etc), in any number (including part ownership) and whether or not income generating.
- Shares and other securities: the issuing entity must be registered in Portugal and it may be new or existing, of any type, and may or may not be listed on the stock exchange.