Golden Visa Portugal

One of the best ways to guarantee Portuguese residency and citizenship, as well as its advantages, is through the Golden Visa Portugal.

Investments advised by InVino Capital are also eligible for the Golden Visa Portugal program and we support our clients throughout the process.

What is the
Golden Visa Portugal program?

The Golden Visa is a five years residency program which allows foreign investors to obtain Portuguese citizenship. 

The program was created by the Portuguese government in 2012 with the aim of raising funds for the development of projects in the country through the attraction of foreign investments. It is currently one of the most attractive and advantageous means of gaining access to residency or European citizenship.

How does it work?

By investing in Portugal the client will have absolute freedom to live and work in Portugal and in other Schengen countries.

After 5 years of Golden Visa Portugal, the investor and his family become eligible to apply for Portuguese passports.

Great Place to
Invest and Live

Portugal is recognized worldwide as a pioneer in transforming its economy towards a sustainable reality, aiming at the efficient use of energy without waste of natural resources. Portugal has been emerging with numerous business opportunities in different areas. Sectors such as tourism, real estate and services have generated great interest from investors targeting opportunities that offer a good return, while still being able to enjoy the stability and security of an European Union country.

Tourism sector
overview:

  • Portugal offers strong attractions and is a popular destination for travelers from other countries;

  • Very special experiences, with stunning landscapes, safety, fantastic cuisine and winemaking among the most appreciated in the world;

  • The country has experienced exponential growth in recent years in this area; Investment opportunities are multiplying, being explored by new entrepreneurs, especially by those who have realized that respect for the environment and social care are closely linked to a great experience when visiting a country.

InVino Fund approach:

Aware of the great opportunities in Portugal, InVino Fund developed its business thesis focused mainly on the development of projects in the areas of eco & wine tourism guided by the sustainability principles.

 

What is Golden Visa?
Your gateway towards the European residence & citizenship

The Golden Visa is a five-year residency program which allows foreign investors to have access to the Portuguese citizenship.

By investing €500,000, you will have absolute freedom to live and work in Portugal and in other European Union countries, including your family members.

The new Golden Visa Portugal
Program Law

The Government of Portugal published the new Golden Visa Program Law in Oct/2023, when real estate investments ceased to be eligible for the Program, which is now limited to income-generating investments, including the InVino Fund.

Benefits of the Portuguese
Golden Visa

  • Only 5 years until you are able to request the 5th most valuable passport in the world;

  • Right to live, work and freely travel through the European Union;

  • No visa required in 185 countries;

  • Access to free education and healthcare in Portugal;

  • Low minimum stay in the country required of only 14 days every 2 year;

  • Tax benefits for residents (10%) and non-residents (0%) on profits or investments.

Golden Visa
Timeline

After the investment in InVino Fund is concluded, the investor legal representatives need to gather all of necessary documents and submit the Golden Visa application to the Immigration authority. Once the application process is pre approved, the authorities will schedule a face to face meeting to collect the investors biometric data.

Year 0

• Application for the temporary residence card

Year 1

• Issuance of the temporary residence card

Year 3

• 1st renewal of temporary residence card

Year 5

• 2nd renewal of temporary residence card

• Application for the definitive residence card and/or citizenship

Year 6

• Issuance of the definitive residence card and/or citizenship

Golden Visa Portugal
in numbers

Total investment made in the Golden Visa program

Fonte: SEF – Set/2023

Top 5
nationalities

Investors

Golden Visas issued to family members

Investment
Opportunities

From €500k

Flexible

Flexible, no residency obligation

Eligible

Eligible to all family members

Citizenship

Citizenship from 5 years

The first eco & wine tourism fund investing in sustainable next-generation opportunities in the hospitality and real estate sectors.

The Fund materializes a unique opportunity for investors looking for investment diversification with sustainable returns.

FAQ
Golden Visa

What is the Golden Visa Portugal Program and is it still valid in Portugal?

Yes, the Golden Visa Program remains valid. It is a residency program via investments made in Portugal, allowing the application for the Portuguese / European residency and/or citizenship after the fifth year. By investing in Portugal, you and your family have freedom to live and work in Portugal and other Schengen countries, totaling 27 European countries. Over 12,000 program participants and more than 20,000 family members have already obtained their Golden Visa.

Given the scenario of conflicts and uncertainties worldwide, what are the advantages of ensuring the global mobility option?

Portugal stands out as one of the best options, as the Portuguese passport is the 4th most widely accepted globally, recognized in 188 countries. Here are the top 3 reasons to consider investing in global mobility ("Plan B"):

- Cultural enrichment: living in different parts of the world broadens horizons, providing unique cultural experiences that enrich individual and family life;

 

- Professional development and networking: global professional opportunities not only expand your skills, but also your personal and professional networking;

- Expanded educational perspectives for the family: global mobility offers diverse educational opportunities, exposing the family to different educational systems and enriching their understanding of the world.

What changed in the Golden Visa Portugal Program after the publication of the new law in Oct/2023?

With the publication of Law 56/2023 on last Oct/06, investments in real estate purchases are no longer eligible for the program. The program is now restricted to investments in income generation, including the InVino Fund. Thus, the era of real estate acquisitions under the Golden Visa Program has ended, giving way to a new era of strategic investments in sustainable income generation, like the InVino Fund.

Is the InVino Fund still eligible for the Golden Visa Program?

Yes, the InVino Fund meets all the necessary requirements to qualify for the Golden Visa Program, as per the Management Regulations, including:

- Registration with Portuguese regulatory entities, i.e., CMVM;

- Fund life exceeding the mandatory minimum of 5 years;

- Allocation of at least 60% of capital to investments in Portuguese companies;

- No direct or indirect investment in the real estate market.

In addition to meeting all these requirements, the InVino Fund confirms its eligibility for the program through a legal opinion from a renowned Portuguese law firm.

What are the main advantages of investing in a private equity fund (e.g., InVino Fund) to obtain the Golden Visa?

We present below the seven advantages of investing in the InVino Fund to obtain your Golden Visa.

  1. Governance & Compliance: a fund registered in Portugal is regulated by the following institutions / companies:

- Portuguese Securities Market Commission (CMVM);

- Fund management;

- Portuguese tax authority;

- Custodian & depository bank;

- Independent auditor.

In the case of InVino Fund, STAG Fund Management is the fund manager, Bison Bank is the custodian & depository bank and BDO is the independent auditor, providing some levels of auditing and compliance to ensure higher levels of protection and management in the investment and divestment processes.

  1. Simplified bureaucracy: the investment process essentially requires obtaining the tax number (NIF) and opening a bank account in Portugal. These procedures, along with the investment in the fund itself, can be done remotely, streamlining the process, with the seven steps illustrated in this LINK.
  2. Cost and tax efficiency: investment funds have reduced fees and fiscal benefits such as exemption from Income and Succession Tax (0% rate for both in Portugal).
  3. Exclusive benefits: access to the InVino Fund Investors Club, e.g., a complete wine experience ("wine club"), premium hospitality (exclusive agreements with renowned hotel brands), participation in ESG initiatives (environmental, social, annual assembly), and much more!
  4. Diversification: funds need to diversify their investments, which enhances results and reduces risk for investors.
  5. Potential gains in strong currency: private equity funds offer target returns above the market average in euros.
  6. Corporate management: as an investor, management is delegated to the fund manager, which must ensure / deliver all the compliance and governance via a professional management.

Contact us

Join us to invest with purpose in the next generation of sustainable businesses in Portugal and around the world.

Contact us for more information about investment opportunities in Portugal.

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