Golden-Visa – Spain & Portugal
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Golden-Visa Conditions
The Investor-Residency, or as it is also known, the ´Golden-Visa´ is for applicants who wish to benefit from the advantages of holding residency in Europe and yet not be classed as a resident for tax purposes. This permit permits its holders to work, employ or be employed.
This residency requires an investment in property, one or several where the investment is required to meet the minimum value sum, see below, set in its selected country which must be be unencumbered.
It is also possible to obtain this permit by depositing funds in a national bank account.
GOLDEN-VISA in SPAIN
Minimum Property Investment: 500.000 €
a) EUR 500,000* minimum real-estate investment
– This investment can be one or several properties which amount to the required sum
*Any investment must be unencumbered
GOLDEN-VISA in PORTUGAL
Minimum Property Investment: 280.000 €
a) EUR 500,000* minimum real-estate investment (residential property is limited to designated interior areas) or (EUR 400,000 in a low population density area)
b) EUR 350,000* minimum real estate purchase for the refurbishment of residential properties older than 30 years or in an area of urban regeneration, including the cost of renovations (residential property is limited to designated interior areas) or (EUR 280,000 in a low population density area)
*Any investment must be unencumbered