Golden Visa: New Types of “investment"

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

The highlight of these changes is the addition of new "investment activities" that enable foreign citizens to qualify for an investment residence permit (known as a Golden Visa) and there are now seven types of activities rather than the previous three. Another innovation is the possibility for the minimum investment amount to be reduced by 20% in certain circumstances, in five of the seven types of activities.