THE PORTUGUESE GOLDEN VISA LANDSCAPE IS EVOLVING…
FOR THE BETTER
Portugal made residential property in Lisbon, Porto and the Algarve region ineligible for Golden Visas at the end of 2021.
Since then, more applicants have been opting for the now-increased €500,000 Investment Fund option to generate reasonable ROI.
But Private Equity and Venture Capital Funds, by their very nature, carry a significant amount of risk. Plus, what if you don’t want to tie up €500K for five years or more..?
Fortunately, there are more affordable alternatives.
Discover all of your Portuguese investment migration options for 2024 below…
Meet The Next Generation Of Portuguese Golden Visa And Investment Migration Products…
€180,000
HIGHLY QUALIFIED
APPLICANT VISA
FEE (SUNK COST)
€250,000
ARTISTIC HERITAGE
GOLDEN VISA
DONATION
The Artistic Heritage Preservation / Cultural Production Golden Visa
DONATION (STANDARD AREAS): €250,000
DONATION (LOW-DENSITY AREAS): €200,000 (WHEN AVAILABLE)
Despite the Artistic Heritage Preservation Golden Visa, commonly known as the Cultural Golden Visa, garnering massive interest during 2023, only a very small percentage of projects received governmental approval – and none of these were for-profit initiatives.
Moreover, in most instances, the approved non-profit projects were not big-budget productions, effectively limiting the number of applicant slots per project.
THE CULTURAL GOLDEN VISA PROCESS AT A GLANCE:
☑ Make a qualifying contribution of either €250K or €200K (in a NUTS III area) towards funding a government (GEPAC) approved cultural production project – e.g., a feature film or festival event.
☑ Obtain government pre-approval on your Golden Visa before the principal capital is committed.
☑ Your application is submitted to the Ministry of Culture by an authorized government entity – NOT by a lawyer or service provider.
Contact us now to enquire about the current availability of donation-based Cultural Golden Visa opportunities.
The Highly Qualified Investor Visa
PROGRAM FEE: €180,000 ALL-IN
The Highly Qualified Residency Program caters for highly qualified individuals, i.e. applicants that hold a university degree, or bring cutting-edge technological expertise to the table.
To participate in this highly flexible Portuguese residency program, applicants must fund a research project under the auspices of a participating Portuguese university.
Given the research focus of the Highly Qualified Investor Program, applicants typically enjoy visa approvals that are several orders of magnitude faster than those of Golden Visa applicants in 2024.
As with the current (and very limited) Cultural Golden Visa options available, the Highly Qualified Investor Program offers no capital guarantee, and is effectively a sunk-cost option as well.
The key reasons applicants choose either of these two options tend to be reduced opportunity costs, faster processing, and lower capital exposure.
The Job Creation Golden Visa
CAPITAL OUTLAY (STANDARD AREAS): €500,000
This Golden Visa option involves the creation of full-time research jobs in the renewables sector, and predominantly situated in the Portuguese interior.
| Program Characteristics: Job Creation Golden Visa | 5-Job Option |
|---|---|
| Minimum Capital Contribution | €500,000+ |
| Projected IRR | 10% p.a. (Payable at end of Year 7) |
| Minimum Job Maintenance Period | 3 Years+ |
| Asset Backing | Yes |
| Capital Guarantee Options Available | Yes |
| Proven Revenue Model | Yes |
| Operational Project Involvement Required | No |
| Path To PR and Citizenship | Yes |
| Clear Exit Strategy | Yes – At the end of Year 7 |
Why Choose To Work With Us?
Our mission is to radically reduce the economic asymmetries between Portugal’s coast and rural heartland by facilitating high-impact Golden Visa investments in the country’s interior.
If you’re looking to secure your Portuguese Plan B while making a tangible contribution to the country’s sustainable future, we invite you to get in touch today.
Who is Jose Mineiro?
Mr Mineiro is a veteran Portuguese film producer and architect of Portugal’s Cultural Production Golden Visa. Born in Obidos and based in Porto, Mr Mineiro speaks five languages (Portuguese, English, French, Spanish and Italian).
Since 2002, he has produced more than 120 commercial films for the biggest world brands. In addition, he’s also produced a number of prominent feature films, including Heartango by Gabrielle Muccino and starring Monica Bellucci.
Mr Mineiro has been involved with national and regional policies contributing to the development of international projects involving official entities in Portugal for several decades.
Recently, he identified the potential of the Portuguese Golden Visa program as a valuable development tool. Consequently, he established a network of regional state entities in order to facilitate Golden Visa Investments with a positive, measurable and sustainable socio-economic impact.
Working alongside his team, Mr Mineiro has identified and/or developed numerous high-impact opportunities for investment in cultural production and urban rehabilitation. These opportunities align with territorial development strategies in Portugal within the scope of the DORO development association. (Mr Mineiro is the president of its board of directors.)
He has been a member of the juries of the Portuguese Film Institute, director of regional tourism agencies, founded the Centro Film Commission and served as its president. He also served as a member of the board of directors for Obitec.
He is an active member of the Portuguese Producers Association, and serves as Executive Producer of CheckTheGate Films.
