Take this scenario as an example: Youre fixed on investing in real estate in the Algarve. Acquire EU residency with visa-free travel to all of Europe. No, Setbal is not a low-density area and does not qualify for the Portugal Golden Visa 280k EUR option. What is considered an interior region in Portugal? This means that they are motivated to sell the property for as much as possible. 117. High-density housing, in contrast, typically refers to urban areas with a high number of units. Mono All offer fantastic investment prices and have high growth potential, with good opportunities to branch into hospitality, outdoor tourism, or cultural and religious tourism. The Portuguese government is looking to promote investment in the following areas: Low-density regions Urban requalification Cultural heritage Activities of high environmental or social value Productivity and job production +44 207 060 1475. [email protected]. One of the highlights of the hotel is its exceptional leisure facilities. 99. Torre de Moncorvo However, only commercial properties can be purchased outside of the interior parameters and are, thus, highlighted in blue. The good news about Alentejo is that its still one of the more affordable parts of Portugal, and almost all of its coast (which is beautiful by the way) is classed as inland and low-density, making it a great option for Golden Visas. You are liable to pay this tax every year where you own the property on the last day of the tax year. 350,000 investment in property in high-density areas requiring rehabilitation. We've collected property developments from across Portugal that qualifies for the Golden Visa in this directory. Here is a side note, as of January 1st, 2022, the minimum investment amount for investment funds will rise to 500,000. Brrio e Cepes . Please check to see if you've received the email and click on the 'Activate your account' button in the email. 152. What makes buying a property in Portugal for the Golden Visa so attractive is that you can essentially buy a second home, or holiday home and qualify for the program. You may not reuse, republish, or reprint such content without our written consent. Your offer is now with the Portugal Property team. The Portugal Golden Visa program is ending soon, and this is your final chance to apply. a list of interior parishes and municipalities, Portuguese Golden Visa real estate search engine, heres a list of some that our readers have used and recommended for Golden Visa process, IMT and VAT are often included in the price, Many investments come with pre-approved yield payments and/or buyback, It can be organized remotely, and management is done by the developer, There are a lot of investments at the 280,000 and 350,000 levels, and investments in prime areas, Investments are generally quite predictable and stable. Viana do Castelo You can read more in our article: Portugal Golden Visa Ending: Everything We Know So Far. 160. 121. Figueira de Castelo Rodrigo The governments of the Azores and Madeira defend the continuity of golden visas in the two autonomous regions even if the proposal of the Government of the Republic to end its granting for the acquisition of real estate in Portugal comes into force.. Vimioso Regarding real estate, the qualifying investments from January 2022 onward are the following: Other investment routes are the following: The new rules that came into play in January 2022 restricted eligible areas. For the time being, it . Starbucksor maybe even your arch-enemy? Portugal's Category 65 A-D Golden Visa legislation allows a reduction in the qualifying limit through investment in buildings which are located in a low density populated area, over 30 years old and in need of renovation work. Ponte da Barca An excellent opportunity to diversify your investment portfolio, both in terms of hard and intangible assets, Long-term strategy to generate strong and stable returns, with the potential to receive consistent revenue monthly, quarterly, or annually. Its not about relocating - but about creating future opportunities for family, either for an improved quality of life, access to better education, or a safe haven from political instability. Elvas, 51. 10. High-density property investment in non-interior areas (commercial only). 350K Real Estate Investment - Portugal Golden Visa If you have any questions, feel free to contact us. Tabuao 122. For commercial real estate, there are no location restrictions. If you have decided to seize this final opportunity heres what we can do for you. Boivo You can turn it into a short term rental income opportunity, with the added flexibility to spend only seven days a year on average in Portugal to retain your residence permit. Viseu 115. Looking to invest in a beautiful country while gaining the perks of European residency? 103. 164. Portugal Golden Visa property area search (low-density, interior) Callback Contact +1 514 288 1997. . They will either take a percentage of the sale price, split between both the buyer and the sellers broker, or if there is no buyers broker, they will take a standard rate of 7% of the sale price. Ability to Stay in Portugal 11. Miranda do Douro Chamusca The rate varies by municipality, but tends to be around 0.3% to 0.45% for urban areas, and 0.8% for country homes. Recommend it to your best friend, your mom, the stranger you met at An independently owned and operated franchisee of BHH Affiliates, LLC. Your guide to a location-independent life. Home Residency By Investment Portugal Low-Density Areas in Portugal: Golden Visa Eligible Interior Areas, *Important notice: The Portugal Golden Visa Program has undergone significant changes from 1 January 2022, which has meant that some property investment options have been revoked or partially altered. Find parishes in eligible areas that qualify for the Golden Visa in 2022. Note, that both Madeira and the Azores are considered high-density locations only. You must use your own existing capital for the investment, however, if you intend to buy a more expensive property and use the minimum investment amount as the loan deposit, this is ok. For example, if you were to buy a property in a high density area (so, a 500,000 minimum investment amount), you could buy a property for say 750,000 with a mortgage for 250,000, but the remaining 500,000 would have to come from your own pocket in order to qualify for the Golden Visa, not the banks. 32. One of the most expensive regions for real estate on this list, but it is truly unique both geographically and culturally. Search. As such, the purchase or lease of real estate is a key driver and requirement of residence by investment programs, with popular EU destinations including Cyprus, Greece, Malta, and Portugal. A lot of the Algarve is still considered both low-density and inland, namely, the municipalities of Aljezur, Castro Marim, Alcoutim, Monchique and Vila do Bispo. For a complete overview of the changes, including the current Portugal Golden Visa 280k EUR option, consult our article: Portugal Golden Visa: Changes, Updates, and New Rules for 2022.*. Rentals Work with us, The content displayed on the website is the intellectual property of the Appreciating Portugal Sociedade de Mediao Imobiliria Lda. Low-density regions are defined as territorial units (NUTS III) and have less than 100 inhabitants per square km or a per capita GDP of less than 75 percent of the national average. Here are the routes you can take to qualify: Residential Real Estate You can choose to buy residential real estate in a designated interior area and pay 500,000. Yes, send me Investor Tips & emails about Investment Properties Note that residential property needs also to be located in an interior area of Portugal. Mortgua Gate community! Vouzela, gueda 100. 81. Buy residential real estate or commercial real estate anywhere in Portugals autonomous islands of Madeira and Azores, worth at least 500,000 or 350,000 if investing in a rehabilitation project. But what properties qualify for acquiring the Portuguese residence permit? From luxury villas right on the darling coastline of the Atlantic Ocean in Sagres to spacious country houses in the Alentejo, right down to purchasing plots of land that you can turn into your dream farmhouse in the north of the country, the options are boundless. Campo Major 42. You can not use the property in Portugal as collateral, however, and not get this loan from a Portuguese bank. Low-density real estate investment in non-interior areas (commercial only). Penela Unio das freguesias de Matas e Cercal Beiral do Lima Vila do Bispo As an independent buyers agent, Goldcrest solely works for the buyer, providing on-the-ground support in property scouting, property matching, and property securing. 40. 75. 34. Abiul Perhaps youre interested in buying a commercial retail space in Lisbon? However, for the time being it's still possible to submit applications. We can then open a bank account or an escrow, which takes between two to four weeks. What is considered as a property requiring rehabilitation? If you want to live in Portugal, youll find many spacious properties with large grounds, a private swimming pool, and security. All rights reserved. The top performing location for capital growth in Portugal is Lisbon which has seen between 5-12% p.a in city center projects. Celorico de Basto 101. 85. Areas that fall outside the low-density zone are highlighted in dark gray. You can invest anywhere in the country, provided the property in question is classified as commercial (licensed for business-related activities). (+ updated map), Portugal Golden Visa: Get in before it ends (2023), Portuguese Golden Visa Investment Funds: The Ultimate Guide, The Worlds Best Bank Accounts for International Travelers and Nomads, The Best Business Bank Accounts To Open From Anywhere, My Top Resources for Nomads, Travelers, & Expats, Best Business Bank Accounts to Open Remotely, Best Travel Insurance for Long-Term Travel, How to Save for Retirement (for Expats & Nomads), Rules for Golden Visa qualifying investments, 2022 and onwards, Invest directly from a commercial real estate developer, List of commercial real estate qualifying, Popular investment areas for residential real estate in 2023, Portugal Golden Visa real estate search engine, Click here to learn more about Mercan's offering, Click here to learn about all 22 developments, Click here to learn more about all the buyer's agents. Cascais is not considered low-density. The Madeira and the Azores islands may be autonomous regions of Portugal, but theyre a sure-proof way to secure an excellent property investment deal. 98. 68. 20. Portugal Golden Visa Guide 2023 Key benefit. This rate varies depending on whether you are a Portuguese tax resident or not at the time you sell your property. You will need to get additional approval for your rehabilitation plans, making it a much more complicated and time consuming process than if you were to invest in the 400/500K properties and commercial projects, where this is pre-approved. Silves Do note that the Portugal Golden Visa is coming to an end. . Sabacheira 133. Ares If you are interested in applying for the program, you should lodge your application now. That's why I chose to go ahead with the Portuguese Golden Visa myself. 127. Algarve 280,000 NEW REDUCED GOLDEN VISA PROJECT. The most exhaustive list of real estate developments eligible for Portugal Golden Visa investors, starting at just 280,000. Unio das freguesias de Belazaima do Cho, Castanheiro do Vouga e Agado Interior areas simply mean areas where you can make a residential real estate investment to be eligible for a Golden Visa residence permit. Penamacor This will be a 2,663 renewal application fee per person, plus the 533 processing fee for all applicants including family members like before. High-density property investment in interior areas (residential and commercial, but no discount applies). Unio das freguesias de Arosa e Casteies Portugal Golden Visa Properties: Real Estate Requirements The end of the granting of new golden visas in Portugal, in order to combat real estate speculation, is part of the "More Housing" programme . 500k Portugal Golden Visa - Invest with Portugal Homes GLOBAL CITIZEN SOLUTIONS UNIPESSOAL LIMITADA | NIPC 516027212 AMI 17987 | . 128. Inland from Porto, the Douro Valley is one of the most desired parts of interior Portugal, with its never-ending vineyards along the river Douro. What areas of Portugal are eligible for a real estate Golden Visa investment? This price is reduced by 20% if the property is located in an area of low population density. Aside from Portugals stable real estate market, the thriving tourism industry in Portugal means you can potentially acquire a good return rate on your investment if you let out your property. See the taxes and fees section for a full breakdown of initial and recurring property taxes in Portugal. Some buyers agents that have been popular with Nomad Gate readers include: To get the Golden visa, you will have to pay several fees including 5,325 per person for the issuance of the visa, and a 533 processing fee per person. To see the full list of reasons why to work with Global Citizen Solutions for your Portugal Golden Visa, you can find out more here: Why Work with Global Citizen Solutions for Your Golden Visa Portugal Application? Pinhel Lisbon 350,000 . 15. However, an important thing to note here is that the islands of Madeira and the Azores are considered high-density, so no discount can be applied to your property investment. In contrast, for commercial real estate, there are no location restrictions in place. Low-density property investment in interior areas (residential and commercial, 20 percent discount applies). Penacova 119. 60. the next step. 143. This luxurious hotel offers a unique blend of elegance, comfort, and modern amenities. Invest in a residential rehabilitation project located in a low-density area of the country that is also classified as an interior region. 149. Many of these parts are not actually that secluded anyways, as Aljezur and Vila do Bispo, for example, are only a 30-minute car drive to Lagos. Portugal Golden Visa Residence Program | Henley & Partners Tarouca Buy residential real estate or commercial properties anywhere on the Portuguese autonomous islands of Madeira and Azores, worth at least 500,000 or 350,000 if investing in a rehabilitation project. Portugal Golden Visa Real Estate Options 2023 - The Golden Portugal As mentioned, at present, the most popular regions to invest in are the Alentejo, Douro Valley, and Peneda Gers. Sabugal This is 0.6% of the financing value, not the entire property. You can read more in our article: Portugal Golden Visa Ending: Everything We Know So Far, Portugal Golden Visa Changes, Updates & New Rules for 2023, How to invest in Portugal and get citizenship The Ultimate Guide, ANTIGUA AND BARBUDA Citizenship by Investment, ST KITTS AND NEVIS Citizenship by Investment, Portugal Golden Visa low-density investment guide here, Malta Citizenship by Naturalization for Exceptional Services by Direct Investment (CES). 134. Properties in Portugal for Golden Visa | real estate investments Although be aware that the sellers and buyers agents split the commission, meaning they will try to get the highest sale price possible. Potential to earn the investment back with high return rates, Huge variety of property types to invest in across the country, Immediate family members are eligible for the Golden Visa. Pampilhosa da Serra 54. 80. Americans Flocked to Portugal. but Now It's Getting More Expensive. If you have decided to seize this final opportunity heres what we can do for you. See here for the latest updates Portugal Golden Visa & Ireland IIP Closing: Greece, Malta And Youll be spoiled for choice. Commercial real estate in Portugal is eligible across the country without any location restrictions. Residential real estate investment in low-density areas will continue to qualify, but only in designated interior areas of the country. 144. some ideas out there. Carregal do Sal Portugal Golden Visa through Real Estate: The Essentials Investors can opt to invest in real estate in need of urban rehabilitation and restoration starting from 350,000. Investors can buy residential and commercial real estate anywhere in Portugals autonomous islands of Madeira and the Azores, worth at least 500,000 or 350,000 if investing in a rehabilitation project. Ourm 16. Its quite clear that investing in real estate has proven a popular path for the Portuguese Golden Visa, and its affordability is partly a reason why the Portuguese visa is by and large the most popular one out there. With the renewal of your Golden Visa permit in the fifth year, youll be eligible to apply for citizenship and a passport. The property in question must either be more than thirty years old and be undergoing renovation or be located in a designated rehabilitation area. If you are looking into the Portugal Golden Visa 280k EUR option, we can guide you to some of the best investment opportunities in the country. With the Lisbon and Porto real estate market thriving, the government is now focused on relieving pressure from metropolitan locations and encouraging foreign investment into other areas of Portugal. General Overview, General FAQ regarding the Golden Residence Permit programme, 25 Reasons For Buying And Investing In Portugal. 82. Pedrgo Grande Navi e Vitorino dos Pies As indicated, the map above shows the regions in light gray that are classified as being within the low-density zone. Yes, PortugalProperty.com may contact me in response to this offer. Low-density areas in Portugal include the countryside/eastern areas in Portugal mostly, with the exception of coastal areas south of the River Lima and North of the River Sado. For commercial real estate, there are no location restrictions. For commercial real estate, there are no location restrictions. What areas in the Algarve still qualify in 2023? Therefore, no parts of the islands qualify for a 20 percent discount. Lous In much of the Algarve, it is no longer to invest in residential real estate. Full range of property for Portugal residency investor visa. We are Portugal's leading Golden Visa real estate agency. Portugal Real Estate Investment Golden Visa - Evora Property They all offer beautiful nature and local culture in the most undiscovered parts of the Algarve, making it both an excellent investment option, and a great chance to see a more authentic Algarve. +44 207 060 1475. [email protected]. Start your application today and secure your Portugal Golden Visa. Portugal Golden Visa 2023 : My Complete Journey | GoVisaFree Arganil Join the most active community for DNs, PTs, online business Villas, houses, apartments, duplexes, land, entire buildings, or hotels, there are various property types on the market. A selection of our Lisbon properties suitable for investment for the Portuguese Golden Visa. You can consult our article on the Golden Visa ending to stay updated. Castelo de Paiva Condeixa-a-Nova Hence, many parts of the Algarve arent eligible for a residential real estate investment. Arcos de Valdevez All taxes (IMT), legal fees, and support in opening a Portuguese bank account are covered by developer. 6. Montaria 125. Olalhas 153. Alcoutim, considered the hottest region of Portugal, is only a 1-hour drive to Faro, and if you are up for a trip to Spain, two hours from Seville. My name is Barbara. Find properties in low- and high-density areas that qualify for Golden Visa in 2023! We recommend working with an experienced immigration lawyer to help you with the initial application and onwards. Portugal Golden Visa Program | Real Estate Investment Or you can invest in Portugal property . Note that the residential real estate investment needs to be located in a designated interior area of Portugal. 39. Search. Chaves Vila Nova de Poiares 79. However, this isnt the cheapest option out there. Updated: Jan 13, 2023 by Sam Crawford Important update: The Portuguese government announced on February 16, 2023 that that the Golden Visa program will soon close. Server do Vouga Portugal Golden Visa Investment Funds 2023 | The Golden Portugal Terras de Bouro Real estate investment funds are an alternative to the real estate sector, given that this type of investment allows foreign investors to remain eligible to obtain the Golden Visa, as a way of continuing to invest in assets located on the coastline and metropolitan areas of Portugal, without resorting to direct investment in residential real estate assets. Note that properties which belong to interior parts of Portugal are eligible for residential AND commercial real estate investment. To qualify for the Portugal Golden Visa, the following real estate investment routes are available: Unsure whether the property investment option is a good fit for you? Fornos de Algodres Alccer do Sol Minimum real estate investment of EUR 280,000. , there is plenty of real estate options for investors interested in the real estate route. Portugal also boasts a high quality of life and progressive legislation. Buy residential and commercial real estate anywhere in Portugals autonomous islands of Madeira and Azores, worth at least 500,000 or 350,000 if investing in a rehabilitation project. Armamar 46. The list of regions that qualify as low density is reviewed by SEF every six months, meaning this can possibly change over time. 105. Investors can also add family members to their applications as dependents and there is no need for full relocation, as long as they comply with the minimum stay requirements of just seven days in the first year and fourteen days in each subsequent period of two years. 64. So for example, if the property is owned by a couple, the wealth tax wont apply unless the property is worth 1,200,000. Yes, you can buy a Golden Visa property with a mortgage, as long as the minimum investment amount is not being covered by the mortgage. Estefnia is an apart-hotel in Lisbon composed of 14 studios and one-bedroom apartments, fully equipped and divided into four floors with reception and laundry room. Cuba Douro Valley (commercial and residential), Peneda Gers (commercial and residential). Since October 2012, foreign citizens wishing to enter and reside in Portugal have been able to do so under a Golden Visa/Golden Residence Permit rule. Capital Transfer: Make a capital transfer minimum investment of at least 1.5 million, Scientific Research: Science or Technology research minimum investment of at least 500,000, Job Creation: Company incorporation and creation of ten jobs amounting to a minimum value of 500,000. There are some more sparsely populated coastal areas included in this category. 43. Home ; Countries . Golden Visa applicants can buy real estate or invest in a rehabilitation project (in both the categories residential and commercial) on the islands. Sert, 135. Portugal Golden Visa: The Ultimate Guide - Nomad Capitalist 97. Annual Income: None. Youll have three teams working in parallel to help you streamline your application while coordinating with each other. Marvo 8. Vila Real 400,000 investment in property in low-density areas. For a full breakdown see the map above, or try out our Golden visa real estate search engine with a specific address. East Algarve (Estoi) Office If you dont have one yet, heres a list of some that our readers have used and recommended for Golden Visa process. Castro Daire Cota All things considered, its still much cheaper than the Algarve or the Silver coast for now, but it is steadily becoming a better-known tourist destination. 56. Golden Visa Through Hotel Investment. Ponte de Lima Vilamoura Hilton Office Dive into relaxation at the hotel's two swimming pools, restaurants and spa, rooftop bar, and large conference facility. The Portugal Golden Visa is an attractive residency by investment initiative that rewards non-EU nationals with a temporary residence permit in exchange for a qualifying investment in the country. Real estate investments in any region of Portugal over 500,000 automatically qualified for the Portugal Golden Visa. Many investors are now buying Real Estate in Lisbon and the Algarve to qualify for the Golden Visa . One tax you will have to pay when acquiring the property is IMT (Imposto Municipal sobre Transmisses) a.k.a property purchase tax. Estoros The most popular ones are the following: Real estate agencies (agncias imobilrias). 137. Get free access to our community & exclusive content. If you checked the box to say that you wish to be contacted, we will do so within 24 hours. Ribeira de Pena For a full list of parishes that qualify as inland in the Algarve see the following (in Portuguese). Golden Visa Portugal | Berkshire Hathaway - Portugal Property 47. Tondela Low-density areas determine whether or not a 20 percent discount rate applies to your investment. HONG KONG +852 5803 3894 69. Labruj, Rendufe, e Vilar do Monte Odemira Reguengos de Monsaraz In this case, you can purchase a residential property, but no discount applies. These areas are called interior and low-density. But make no mistake, theyre different terms. 67. 150. Portugal Golden Visa Reduced Option: 89. Salvador do Monte We have sent you a link to reset your password - please check your email account. Purchasing real estate in Portugal through the Portuguese Golden Visa enables investors to secure residence permits as long as they stay in the country for seven days in the first year, followed by 14 days in each subsequent two-year period. Hotel projects allow investors to invest at reduced rates of 350,000 or 280,000 in low-density areas. No, Braga is not a low-density municipality. Mouro Vidigueira Bragana If you are a non-Portuguese resident, this is a flat rate of 25%, however if you are a Portuguese resident, this is 28%, but you are only taxed on 50% of your gains. Our investment teams will help you familiarize yourself with the market and assist you in understanding all the eligible options for the program, which includes real estate, investment funds, and cultural projects. Soure Real Estate Licence No. Idanha-a-Nova Vila Nova de Foz Ca The new rules that came into play in January 2022 restricted eligible areas. 107. 131. If you are feeling adventurous, maybe the Azores is the place to buy real estate for you. Buy residential real estate in designated interior areas of Portugal worth at least 500,000 or 350,000 if investing in a rehabilitation project. Barrancos Pvoa de Lanhoso Vieira do Minho Here you can look up various addresses in Portugal to see whether they count as high- or low-density (the latter has 20% lower minimum investment requirement) and whether it's located in an interior area or not. This is the minimum investment amount to qualify for the Golden Visa through real estate. re-finance your existing house in your home country). Gis There are also some taxes you will pay on a recurring basis (like property tax, wealth tax etc.) 156. In Portugal, brokers work for the seller rather than the buyer. While the Algarve is classified as low-density, its not considered a completely interior region of Portugal. Investors can also purchase commercial real estate intended for services, commerce, tourism, aparthotels etc anywhere in the country worth at least 500,000 or 350,000 if investing in a commercial rehabilitation project and if the commercial property is located in a designated low-density area, then a 20% discount applies. Some areas with high-growth potential that qualify for the Golden Visa include parts of the Douro Valley, Aljezur, and Peneda Gers. If you are looking to invest in Portugal Golden Visa commercial property, there are no location restrictions.