
residence permit
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I wish to get a residence permit in Portugal.
New legal provisions allow legal resident aliens (e.g. holders of a valid Schengen Visa or a Visa exemption), to apply for resident status by transfering capital, creating jobs or acquiring real estate.
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WHAT IS THIS?
New legal provisions provide the possibility for those who pursue investment activities in Portugal to apply for a Residence Permit, for example, those who transfer capital, create Jobs or acquire real estate. The holders of a Golden Residence Permit for the purposes of investment activity have the right to family regrouping, and may gain access to a permanent residence permit, as well as to Portuguese citizenship in accordance with the current legal provisions.
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REQUIREMENTS ON THE INVESTMENT ACTIVITY
Third State citizens involved in an investment activity, either individually or through a company conducting, at least, one of the following operations in national territory for a minimum period of five years:
- Capital Transfer with a value equal to or above 1 million Euros;
Provide evidence of having invested the minimum amount required, including stocks of companies: Declaration of a financial institution authorized to exercise its activity in Portugal, certifying the effective transfer of capital in the amount of not less than € 1 million to an account demonstrating the investor is the sole or first holder of capital;
Or the acquisition of companies' stocks and an up-to-date certificate issued by the Commercial Register, proving that the applicant holds a share in the capital of a company.
- Creation of, at least, 10 job positions.
Provide evidence of having created 10 job positions and registered the employees in the Social Security.
- Acquisition of real estate with a value equal to or above 500 thousand Euros.
Provide evidence of having the ownership of real estate property: public deed or promissory share- purchase agreement of the property, with a declaration of an authorized financial institution to excercise its activity in Portugal stating the effective transfer of capital to its acquisition or to execute as a down payment of the promise to purchase in equal or superior value of 500 thousand Euros, and an up-to-date certificate issued by the Real Estate Registry, which must always be, in the case of contact-promise and where legally feasible, the respective register.
This information does not replace consultation of the legislation applicable to your particular case. - Capital Transfer with a value equal to or above 1 million Euros;