Portugal’s Golden Visa program has become one of the most popular residency-by-investment schemes of its kind since its inception in 2012. It’s part of Portugal’s immigration move to attract foreign investments into the country. While there are an array of options open to investors, such as through making an investment into real estate, an investment fund, or making a capital transfer to the country, one of the lesser-known options is the cultural production Golden Visa Portugal pathway. Alongside tourism, Golden Visa investments have significantly boosted the economy of Portugal since the program was launched.
From the stunning Atlantic coastline, sublime climate, and golden sandy beaches to its bustling cities, rich history, and quaint villages, there are countless attractions in Portugal. This is without mentioning the attractive tax benefits, excellent healthcare and education systems, and welcoming locals.
Indeed, Portugal has long been one of the most sought-after locations for expats, and the Golden Visa provides a pathway to EU residency for non-EU citizens. Many countries now offer Golden Visas, but Portugal’s program is one of the most sought-after in the world. In this article, we’ll delve into the Portugal Golden Visa, specifically focusing on the cultural production Golden Visa Portugal route.
We’ll delve into the following:
- The Portugal Golden Visa
- The cultural Golden Visa program at a glance
- Artistic production funding versus property investment
- Artistic production funding versus cultural heritage donation
- Why choose the cultural Golden Visa option?
- Downsides to the cultural Golden Visa option
- Cultural production Golden Visa costs
- Cultural production Golden Visa application process
- Who we are and how we can help you
- Plus much more!
The Portugal Golden Visa
As mentioned, the Portuguese Golden Visa program has been one of the most popular residency-by-investment schemes of its kind since it was launched in October 2012. Since then, more than 11,263 investors and 18,479 family members have benefited from the Portugal Golden Visa, pumping more than €6,609,272282,02 into the country.
The scheme is open to any non-EU, non-EEA, and non-Swiss citizen looking to secure residency in exchange for investing in the country. Advantages include easy access to the European Union (EU) and the Schengen Area, greater financial and personal freedoms, and the fact that your family can also be included in the application.
There is also the opportunity to gain permanent residency or Portuguese citizenship under the scheme, as long as the qualifying investment is kept for at least five years and all the requirements are met under Portuguese immigration and nationality law. This includes holding a clean criminal record and passing a basic Portuguese language test.
The most popular pathway is the real estate investment route, which has accounted for more than 90 percent of all applications. Aside from this, the investment fund route has also proven to be popular in recent years, particularly among American citizens.