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  Real Estate Legal News  
  FLASHNEWS #01  
  FEBRUARY 2021  

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  Changes to the Residence Permit for
Investment Regime - Golden Visa

Minimum values and Investment Areas
 
 


Dear Visitante
,


Following the authorization given to the Government under the 2020 State Budget to revise the Residence Permit for Investment - ARI regime (commonly known as "Golden Visa"), Decree-Law number 14/2021 was published today, which established new minimum values and territorial investment areas applicable to the Golden Visa that will enter into for from January 1st, 2022, and in the scope of residence permit applications requested after this date.


Thus, it was established that:  


a)
The minimum value of investment in transfers of capital will be €1,500,000.00 (instead of the €1,000,000.00 currently in force);

b) The minimum value of investment in transfers of capital into research activities developed by public or private scientific research institutions, integrated in the national scientific and technological system will be €500,000.00 (instead of the current €350,000.00);

c) The minimum value of investments aimed at the acquisition of participation units in investment funds or venture capital funds dedicated to the capitalization of companies, capital injected under the Portuguese legislation, whose maturity, at the moment of the investment, is, at least, of five years and a minimum of 60% of the investments of the equity of the fund are made in companies with head office in national territory will be €500,000.00 (instead of the current €350,000.00);

d) The minimum value of investment in capital transfer , for the incorporation of companies with head office in the national territory, combined with the creation of five permanent working jobs, or for the reinforcement of the share capital of a commercial society with head office in national territory, already existing, with the creation or keeping of working jobs, with a minimum of five permanent jobs, and for a minimum period of three years, will be €500,000.00 (instead of the €350,000.00 currently in force);

e) Reduction in the number of the territories allowed for real estate investment destined for residential purposes, both in investments of €350,000.00 with rehabilitation works and investments of €500,000.00, with investments in the Autonomous Regions of the Azores and Madeira or in inland territories (identified in the list HERE) being allowed.

 


     
  TEAM  
     
 
Madalena Azeredo Perdigao FC 2 copy  
Madalena Azeredo Perdigão
CCA's Partner of the Real Estate Department
map@cca.law
 
 
 
     
 
Tomas Assis Teixeira FC  
 
Tomás Assis Teixeira
CCA's Managing Associate of the Real Estate Department
tat@cca.law