Portugal with the loose immigration policy, attract a lot of people to immigration, with the increase of the number of immigrants, Portugal immigration policy has also undergone some changes, so what is the latest policy of Portuguese immigration?
Here here Xiaobian collated the relevant information, welcome to read.
Although the golden visa has transformed Portugal’s economy, in some areas the investments have led to imbalances in local economic growth, such as the housing markets in Lisbon and Porto.
As a result, the Portuguese government has implemented new measures to focus on preserving cultural heritage.
Urban renewal. Key areas such as productivity and job creation.
Effective January 1, 2022, the following changes related to real estate investment will take effect: 1.
Not Lisbon. Not Porto.
Setubal Silver Coast and other popular areas to buy residential property to apply for a golden visa;
2. The applicant can only purchase residential property in inland areas designated by Portugal.
The investment must not be less than 500,000 or 350,000.
Discounts are available for properties located in low-density areas;
3. Commercial real estate can be purchased in any part of Portugal for no less than 500,000 euros or 350,000 euros.
Discounts are also available if properties are located in designated low-population density areas;
4. The requirements for the purchase of residential and commercial real estate in Madeira and Azores, autonomous regions of Portugal, remain unchanged, with a minimum investment of 500,000 or 350,000 for real estate in need of renovation.
Two, Portugal fund immigration policy changes Portugal golden residence visa policy changes include many aspects.
In addition to the change of home purchase immigration policy, fund immigration and donation immigration have also undergone great changes.
The details include: 1. Deposit investment increased from 1 million Euros to 1.5 million euros;
2. Fund investment increased from 350,000 Euros to 500,000 Euros;
3. An increase in research contributions from 350,000 to 500,000;
4. Investment in existing companies in Portugal increased from 350,000 to 500,000.
Of course, not all the ways and means of migration have changed. What has not changed is that 1) you can still set up a company in Portugal and employ at least 10 full-time employees;
2) The arts sector can still donate 250,000 euros.
1. Non-eu, non-Swiss or non-EEA citizens;
2. Meet the minimum investment requirements;
3. One of the investment options stipulated by the Portuguese Immigration Authority;
4. No criminal record certificate;
5. Meet the residency requirements in Portugal, i.e., stay in Portugal for at least 7 days in the first year and then no less than 14 days every two years;
6. At least 18 years old;
7. Application conditions stipulated by the Portuguese Immigration Office.
1. Residential real estate Expatriates are required to buy residential real estate worth at least 500,000 or 350,000 (if investing in restoration projects).
Not less than 400,000 or 280,000 if the residential property is located within the “low density” area of the designated site, whichever is the case.
2. Commercial property According to the latest policy, people from abroad buy commercial property anywhere in Portugal worth at least 500,000 or 350,000 (if invested in a restoration project).
If the commercial property is located in a designated “low density” area, the reduction is 20 per cent, or 500,000 or 280,000.
3. Fund subscription foreigners need to invest not less than 500,000 euros.
4. Scientific research Foreigners invest at least 500,000 euros in scientific or technological research in Portugal.
5. Create job opportunities Foreigners set up a company and created ten jobs.
6. Donations Foreigners donate at least 250,000 euros to support the arts or rebuild national heritage.
