GOLDEN VISA - RESIDENCE PERMIT FOR INVESTMENT ACTIVITY
New legal provisions provide for the possibility for nationals of third countries (not belonging to the European Union / European Economic Area) to apply for a residence permit through specific investment activities in Portugal, in the following options: transfer of capital, creation of jobs or acquisition of real estate. Holders of a Visa Gold residence permit are entitled to family reunification, and may have access to a permanent residence permit, as well as Portuguese citizenship in accordance with the legal provisions in force.
Who can register?
Citizens involved in investment activities, individually or through a company, who hold at least one of the following operations in Portuguese territory, for a minimum period of 5 (five) years:
1) Acquisition of real estate with a value equal to or greater than €500,000;
2) Capital transfer with a value equal to or greater than 1 million euros;
3) Creation of at least 10 jobs. It covers shareholders of companies already incorporated in Portugal or in another State of the European Union, with a permanent establishment in Portugal and with tax obligations fulfilled.
Required documents
• Passport or other valid travel document;
• Proof of legal entry and stay in national territory;
• Proof of health insurance;
• Application for consultation of Portuguese criminal record by the Foreigners and Borders Service (SEF);
• Criminal record certificate from the competent authority of the applicant's country of origin or any other country where he/she has resided for more than one year;
• Provide proof of compliance with tax obligations and absence of debts
GOLDEN RETIREMENT - Tax regime for non-habitual residents
Advantages:
• Taxation, for a period of 10 years, at a flat IRS rate of 20% on income from work earned in Portugal;
• The absence of double taxation, in the case of pensions and dependent and self-employed work earned abroad.
How can you acquire Non-Habitual Resident Status?
1. Not have been a resident in Portugal in the last 5 years;
2. Register as a tax resident in Portugal at the local Tax Office (for this purpose, you must have stayed in Portugal for more than 183 days, consecutive or interpolated, or have stayed for less time, have, on December 31 of that year, housing in conditions that suggest the intention to maintain and occupy it as a residence habitual);
3. Apply for the attribution of the Non-Habitual Resident status at the time you register as a tax resident in Portugal or until March 31 of the year following the year in which you become resident in Portugal;