Madeira's Golden Visa

• Freedom to live and/or work in Portugal;
• Option to become a “non-habitual resident” for tax purposes;
• Access to Portugal residents’ rights:
  • Education,
  • Recognition of diplomas and qualifications,
  • Having a professional activity,
  • Access to free healthcare and social security,
  • Trade Union protection,
  • Rule of Law

Upon one’s application (or at any time thereafter), the Golden Visa can be issued/extended to the applicant’s following family members:

• Spouse or partner, the quality of partner having to be proved under existing law;
• Under-18 year old children, or over-18 dependent children, as long as the latter are unmarried, under 26 and enrolled as full-time students;
• Dependent parents of either spouse or partner;
• Under-18 year old siblings of either spouse or partner if legally under their supervision.

Year 1 – Spend at least 7 days in Portugal, whether or not consecutive.

Years 2 to 5 – Renew your visa at the end of Years 1 and 3, and spend at least 14 days in Portugal (whether or not consecutive) during each 2-year period.

Year 6 – Apply for permanent residency or citizenship . Except for justified professional reasons, permanent residents are required not to be absent from the country for more than either 24 consecutive months or else 30 non-consecutive months in any given period of 3 years.

Only one type of investment is required in order to obtain the Portuguese Golden Visa for you and your family. Regardless of the type of investment you proceed with, bear in mind that it needs to be kept for a period of 5 years.

• Real Estate Purchase
  • Real estate in Portugal with a value of 500 000 Euros or more; or
  • Real estate property, with construction dating back more than 30 years or located in urban regeneration areas, for refurbishing, for a total value equal to or above 350 thousand Euros.
  • Real estate property for habitational purposes must be located in the Autonomous Region of Madeira, the Autonomous Region of Azores or the interior countryside of the Portuguese mainland in order for it to be considered as valid type of investment for the Golden Visa programme.

• Capital Transfer
  • ≥1 500 000 Euros – accomplished through financial investments in Portugal or acquisition of shares or quotas of companies; or
    • A bank deposit;
    • The purchase of a shareholding in a Portuguese company or the incorporation of a single-member private limited company having a paid-up share capital of at least 1 million Euros, such company being free to invest wherever and in whatever it wants;
    • The purchase of Portugal sovereign debt instruments;
    • The purchase of Portugal traded securities.
  • ≥ 500,000 Euros – applied in research activities carried out by public or private scientific research institutions, integrated in the national scientific and technological system; or
  • ≥ 250 000 Euros – applied in investment or support of artistic production, restoration or maintenance of the national cultural heritage (through direct central and peripheral administration services, public institutes, public sector corporate bodies, public foundations, etc.); or
  • ≥ 500,000 Euros – acquiring units of investment funds or venture capital aimed at the capitalization of small and medium-sized companies that present a viable capitalization plan.

• Entrepreneurship
  • Create 10 job posts, duly enrolled with the Portuguese Social Security; or
  • An investment of at least 500 000 Euros in units of a Portuguese fund that invests in the share capital of small or medium sized businesses.
  • Investing at least 500 000 Euros in units of Portugal-regulated funds dedicated to the capitalization of companies, provided that the fund invests at least 60% in Portugal-registered businesses, and that the maturity of said units is no less than 5 years from the date they are purchased.
  • Investing at least 500 000 Euros in setting up a Portuguese company that creates 5 new permanent jobs, or in increasing the share capital of an existing Portuguese company that creates or keeps at least 5 permanent jobs for a minimum period of 3 years.