Golden Visa: Investment in Artistic and Cultural Activities

Law 63/2015 of 30 June came into force on 1 July 2015 and it makes further changes to the rules on foreign citizens entering, staying in and leaving Portugal and on their removal from the country (the "Residence Rules").

These changes include new types of "investment activities" that enable foreign citizens to qualify for a Golden Visa, including:

a) Support for artistic production

b) Renovation and maintenance of national cultural heritage

The minimum investment requirement for the above activities is EUR 250,000. However, this minimum amount can be reduced by 20% (that is, to EUR 200,000) when the activity is carried out in a Low Population Density Area, as officially defined.