The Portuguese residence permits for investment, known as golden visa, offer citizens of non-European Union (EU) countries who invest in Portugal the opportunity to obtain a residence permit in Portugal.
The purchase of property in Portugal with a minimum value of €500,000 is the most used of all eligible forms of investment required under the golden visa program.
The holders of golden visa may also obtain residence permits for their families and, subject to compliance with certain requirements, apply for the granting of a non-permanent resident special taxation condition, which offers a reduced income tax rate.
Golden visa have become very popular with international investors immediately following its approval in 2012 given the low level of investment required, the straightforward application requirements and other advantages that are described in this paper.