On June 3, 2024, Portuguese Government announced its new Action Plan for Migration. Including Measure 32, which promises to “create an instrument to channel private capital into social investment in immigrant integration projects.” The new Portuguese government would also apply the Social Impact Bonds model to the area of migration to increase opportunities for integration into the labor market and working conditions. Nevertheless, the Government insists on not referring to the new social investment option as a “Portugal Golden Visa.”
It is still difficult to say whether such a statement is simply a political manner to ensure that the bill passes successful approval. Or “Solidarity Investment” will indeed not be one of the Golden Visa options. In fact, the authorities want to get an additional channel for replenishing the budget to finance expenses for migrants. The amount of investment required to obtain a Solidarity Investment visa has not yet been announced.
Portugal Golden Visa – how to invest?
Let us remind you that Portugal recently decided to abandon the option of purchasing residential real estate as a property in order to obtain a golden visa. Now the key option is an investment in an authorized fund* in the amount of €500,000. Apex Capital Partners offers a specific approved fund that will return all the money in full in the 6th year from the date of investment – Guaranteed Buyback. Plus 2% fixed return. For example, if the investment is made before June 30th, 2024, the fixed return starts accruing in January 2025 until buyback. Follow the link to reed the step-by-step instructions >>
* A private equity fund (“fundo de capital de risco”) must be incorporated in Portugal and governed by Decree-Law 27/2023 (RGA) and by the rules foreseen in its Management Regulation.
Portugal Golden Visa. Full set of options at the moment:
- Minimum of €500,000 in collective investment structures except real estate.
- Minimum of €500,000 in share capital.
- €250,000 (or €200,000 if in a low-density area) in artistic and/or scientific contributions.
- Minimum €500,000 in scientific research (€400,000 if it’s in a low-density area).
Portugal Golden Visa. Benefits
- The opportunity to undergo a simplified naturalization procedure (citizenship) after being in resident status for the 6th year.
- Low tax burden. In particular, dividends paid by the fund are not subject to taxes if the investor does not live 183 days a year or more in Portugal.
- Option to include your spouse, children and even parents in your application for a Portugal Golden Visa.
- Travel within the EU without restrictions and visas. In addition to the fact that you can reside temporarily or permanently in Portugal, with a Golden Visa you can travel within the Schengen countries (90 days every six months).
Contact Apex Capital Partners to choose a reliable investment fund and begin your Portugal Golden Visa process.
