The Golden Visa (usually called the Golden Visa), has the technical name of Residence by Investment Activity (ARI), and is a regime that allows foreign citizens to obtain a temporary residence permit for investment activity.
In practice, investors who hold a Golden Visa and regularly visit Portugal are exempted from presenting a residence visa to enter our country.
One of the ways to obtain a Golden Visa, and the one that I am interested in describing, is through the acquisition of real estate with a value equal to or greater than 500 thousand euros .
Applications are assessed by the SEF-Foreigners and Borders Service, with a maximum period of 90 days for the granting of a residence permit and 60 days for renewals. If these deadlines are exceeded without any decision, there will be an automatic approval.
All citizens from third States - not belonging to the European Union (EU) and the European Economic Area - who carry out an investment activity, personally or through a company with headquarters in Portugal or in another EU state and with a permanent establishment in Portugal and whose contributory situation is regularized.
If the Investor has older children and intends to integrate them into the program, he can do so, provided he proves that the children are single and are studying under his economic dependence.
Foreign citizens, holders of a Golden Visa, benefit from special conditions, namely: