What is Golden Visa?
Golden Visa is generally known as ARI- Resident Permit for Investment Activity. This visa was started in October 2012 in order to allow third country nationals to secure a temporary resident permit in Portugal to have the following benefits in the basket.
Benefits:
- Possibility to receive a resident card in 6 months of time.
- Eligible to apply for Portuguese Citizenship or Naturalisation after 5 years.
- Can visit all the countries of Schengen zone for 90 days.
- The entire family is eligible for residency.
- Stay Criterion: 7 days for 1st and 14 days for each subsequent 2 years.
- Eligibility to seek benefits under Non-Habitual Resident (NHR) tax regime.
Investment/ Eligibility:
All third-country citizens who conduct an investment activity, as an individual business person (sole trader) or through a company set up in Portugal or in another Member State and who, in addition, are settled well in Portugal, provided these applicants fulfill the quantitative requirements and the time requirements set out by the relevant legislation.
- Creation of 10 jobs.
- Real Estate: 500,000€
- Rehabilitation Real Estate: 350,000€
- Commercial Organisation: 350,000€
- Portugues Bank Account Capital Transfer: 1,000,000€
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