Government Reduces Taxes for Portugal Golden Visa

Written By Jason Swan, Holborn Asset Management

Golden Visa Renewal Fees Reduced

Great news for those looking to apply for or renew their Golden Visas in Portugal. The Portuguese government has drastically reduced the Portugal Golden Visa renewal fees, effective immediately for both existing visa holders and upcoming applications.
 
The standard taxes for a renewal were previously €3900 per person and have just been lowered to just €82 per person. The Golden Visa Card fee of €7,800 still applies for new clients, but this is fantastic news for everyone looking to apply for the program or counting down the days to receive their passport.
 
Earlier this year, it was also announced that the waiting time for the visa now counts towards the 5-year requirement to apply for citizenship. This was also welcome news, alleviating some pressure on those currently waiting for their biometrics appointment.
 
Below are the current entry points of investor capital available:
 

€168,000/ €250,000 – A donation to the Portugal Government

€325,000 – Investment of €500,000 with €101,000 return paid upfront + €74,000 loan

€399,000 – Investment of €500,000 with €101,000 return paid upfront

€500,000 – All other investment routes

For further guidance on these topics, we invite you to register for a complimentary live Q&A where you will have the chance to ask any questions you may have. Simply click here.

If you are unable to make the webinar, you’re welcome to schedule a personal discussion with me on Zoom here. I’m able to provide a full breakdown of all current investment options available and answer your questions.

Considering Portugal’s Golden Visa Program? Everything you need to know + how to qualify with 325,000 EUR

If you’re interested in finding out the latest details about the Golden Visa program and want to take advantage of the new opportunities. Signup for a live Q&A webinar with an expert from Holborn Assets that will answer all your questions. The event is scheduled for October 24 at 5 PM Lisbon Time (1 PM EST). The live webinar will cover the following:

  • Golden Visa basics, how to qualify, who can be included
  • New Investment Criteria for 2024
  • Golden Visa timeline and process
  • How to qualify with just 325,000 EUR – this exclusive offer includes investment loan financing to bridge the gap to reach the 500k minimum investment
  • What tax breaks are available?
  • Live Q&A for all questions

Register for FREE

*If you cannot attend the seminar or would prefer one-on-one, book a call here.

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