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A golden visa is a residence permit granted in exchange for qualified investments in Portugal. Obtaining a golden visa allows you to work, live and study in Portugal and to move throughout the Schengen Area, without having to become a tax resident in Portugal. All eligible members of your family may benefit from this residence permit.

Investing in Madeira is the best option to obtain a Golden Visa in Portugal:

  • It gives the right to live, work and study in Portugal
  • Gives you the right to travel within the entire Schengen Area
  • Can include all eligible members of your family
  • You can apply for permanent residency and citizenship in Portugal after 5 years
  • After citizenship, you will have access to one of the best passports in the world
  • Attractive real estate market
  • Dynamic business community
  • Good investment opportunities
  • Incredible quality of life in Madeira
  • Friendly, welcoming people, fluent in several languages
  • Spectacular natural landscapes

 

Golden Visa Portugal 2022 - Changes

In 2022, the Golden Visa Portugal program will undergo some changes:

 

Changes in the Purchase of Real Estate

Obtaining a Golden Visa in exchange for real estate investment will be limited to the purchase of real estate for residential purposes in Madeira, Azores, and some inland regions of Portugal. In the case of real estate allocated to the commercial sphere (stores and offices), these restrictions do not apply.

Please refer to the following table:

Type of investment

Minimum amount (€)

Changes in 2022

Acquisition of real estate

500.000

Only eligible in Madeira, Azores and interior Portugal

Acquisition of real estate, whose construction was completed at least 30 years ago, or located in an urban rehabilitation area, and execution of rehabilitation works on the acquired real estate

350.000

Only eligible in Madeira, Azores and interior Portugal

 

Changes in the required amount to invest

Additionally, the minimum amount of some investment options eligible for Golden Visa in Portugal has increased:

Type of investment

Minimum amount (€)

Minimum amount in 2022 (€)

Creation of 10 jobs and social security registration of the employees

/

/

Capital transfer for the incorporation or reinforcement of the share capital of a commercial company based in Portuguese territory, combined with the creation of five permanent jobs.

350.000

500.000

Capital transfer to be applied in research activities developed by public or private scientific research institutions, integrated in the national scientific and technological system

1.000.000

1.500.000

Investment in artistic production or maintenance of the Portuguese national cultural heritage

350.000

500.000

Investment in artistic production or maintenance of the Portuguese national cultural heritage

250.000

250.000

Acquisition of shares in investment funds or venture capital funds for the capitalization of Portuguese companies

350.000

500.000

 

Why Madeira is the best option for Golden Visa in 2022

Madeira, besides being one of the few regions in the country where the purchase of residential real estate is eligible for a Golden Visa, has unique conditions that make it the best option to obtain a Golden Visa in 2022.

The mild climate, unique quality of life, low cost of living and stunning landscapes make Madeira a fantastic place to live.

Madeira benefits from an attractive real estate market, full of good opportunities and investment. A dynamic and innovative business environment and an advantageous tax regime are some of the reasons that make Madeira an excellent destination for foreign investment.

 

How to obtain a Golden Visa in Madeira

To obtain a Golden Visa in Madeira consider that:

  1. The investment activity must be maintained for at least 5 years from the moment the residence permit is granted.
  2. This residence permit may be renewed for two two-year periods, and the applicant must remain in Portugal for seven consecutive or non-consecutive days during the first year and fourteen consecutive or non-consecutive days during the subsequent two-year periods.

NEWCO Real Estate offers a turnkey service for individuals wishing to move to Portugal. With three decades of experience, a network of specialized partners and an integrated vision, we are prepared to help our clients properly plan the steps involved in moving to Portugal, anticipate their needs at the different stages of the process, and ensure their integration without any surprises.

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