Golden Visa Portugal 350,000 renovation & 500,000 Luxury
Schengen Visa in Portugal – Obtain on promissory contact us for suitable projects
You can buy one or two properties, new or resale large or small! Your choice is dependent on your preference. We can help with any property in Lisbon and we have the very best hotel style management or indeed other independent rental solutions.
Propertylisbon.com are investors also and we are best placed to help you with real solutions.
- Acquisition of real estate with a value of at least EUR 500,000: in relation to what has been the predominant investment activity to obtain Golden Visas, the applicant must acquire real estate with a value of at least EUR 500,000. The applicant may acquire the real estate as a co-owner as long as each of the co-owners invests at least EUR 500,000. The Golden Visa applicant may also be a promissory purchaser as long as the deposit he or she has paid is at least EUR 500,000. The money used to pay the purchase price or deposit must come from an international transfer to a bank account in Portugal held by the applicant.
To prove compliance with the minimum requirements for this investment activity, when he or she makes the Golden Visa Portugal renovation application, the applicant must file: (i) the document that proves the acquisition or promissory purchase of the property, (ii) a declaration issued by a financial institution attesting to the transfer of the capital, and (iii) an up-to-date land registry certificate that includes registration of the acquisition or, whenever possible, of the promissory sale and purchase in favour of the Golden Visa applicant).
It should be noted that if the second renewal occurs 36 months after the Golden Visa is granted, the visa holder must present the definitive sale and purchase contract(ie completion of project and deeds) and an up-to-date land registry certificate of his or her acquisition.
Golden Visa Portugal renovation
Below you will have MUCH less choice and indeed need to work with a real estate company who has the trusted builders and contacts to offer you. Propertylisbon.com are also investors and we have the very best builders ! and can make it hassle free.
- Acquisition of real estate with construction completed at least 30 years ago or located in an urban rehabilitation area, with execution of rehabilitation works: to obtain a Golden Visa on the basis of prior acquisition of real estate assets with construction completed at least 30 years ago or located in an urban rehabilitation area and execution of rehabilitation works on the property acquired, the minimum investment is reduced to EUR 350,000. Besides demonstrating that he or she is the owner of the property, free of any burdens or charges, the applicant may present: (i) proof of filing of a request for prior information or for the licensing for rehabilitation or (ii) a works contract for the works on the property acquired. In either of these cases, the applicant must also deposit the difference between the property purchase price and the minimum investment required – to be used to pay for the works – in a bank account at a bank in Portugal held by him or her.