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By lusoproperties, Feb 6 2017 05:56PM

Residence Permit for Investment Activity (ARI / Golden Visa)

What is required...

The rules governing the granting of Residence Permit for Investment (ARI / Golden Visa), in force from 8 October 2012, enable third country nationals to obtain a temporary residence permit to conduct business activities with visa waiver to enter national territory. The beneficiaries of ARI / Golden Visa are entitled to:

• Residence visa waiver for entering Portugal;

• Living and working in Portugal, on condition that they stay in Portugal for a period of 7 or more days, in the first year, and 14 or more days, in the subsequent years;

• Visa exemption for travelling within the Schengen Area;

• Family reunification;

• Applying for permanent residence (pursuant to the Aliens Act – Act number 23/2007 of 4 July with the current wording );

• Applying for Portuguese citizenship, by naturalization, provided all other requirements set out by the Nationality Act are fulfilled (Act number 37/81 of 3 October, with the current wording);

Eligibility – Who may apply?

All third country citizens who conduct an investment activity, as an individual businessperson or through a company set up in Portugal or in another EU Member State and who, in addition, are stably settled in Portugal, provided these citizens fulfil the quantitative requirements and the time requirements set out by the relevant legislation, may apply for a Residence Permit for Investment, by one of the following routes:

i. Capital transfer with a value equal to or above 1 million Euros;

ii. The creation of, at least, 10 job positions;

iii. The purchase of real estate property with a value equal to or above 500 thousand Euros;

iv. The purchase of real estate property, with construction dating back more than 30 years or located in urban regeneration areas, for refurbishing, for a total value equal to or above 350 thousand Euros;

v. Capital transfer with a value equal to or above 350 thousand Euros for investing in research activities conducted by public or private scientific research institutions involved in the national scientific or technologic system;

vi. Capital transfer with a value equal to or above 250 thousand Euros for investing in artistic output or supporting the arts, for reconstruction or refurbishment of the national heritage, through the local and central authorities, public institutions, public corporate sector, public foundations, private foundations of public interest, networked local authorities, local corporate sector organizations, local associations and public cultural associations, pursuing activities of artistic output, and reconstruction or maintenance of the national heritage;

vii. Capital transfer with a value equal to or above 500 thousand Euros, for purchasing shares in investment funds or in venture capital geared to capitalize small and medium companies that, in turn, must present a feasible capitalization plan.

Portuguese, EU and EEE nationals are not eligible for the ARI / Golden Visa scheme.

Where may I apply?

- You may submit your application online at SEF’s Portal ( (online pre-registration is mandatory)

Online pre-registration at or at through a legal representative, duly appointed to this purpose (upon completion of registration, the legal representative must deliver a power of attorney signed by the applicant, giving him / her powers to this end).


- Submit the application to the closest Regional Directorate or Local Branch of Serviço de Estrangeiros e Fronteiras - SEF

Booking an appointment for delivering the application should be done through the ARI line +351 214236625, operating all working days days from 09:00 to 17:30.

By lusoproperties, Mar 10 2016 10:38AM

These days, the opportunities to work from home have expanded way beyond freelance writing and similar occupations, thanks to the internet.

The ready availability of reliable broadband has grown exponentially over the past few years and many locations that would not previously have been viable now compete on the same level as advanced countries like the USA or UK.

The other thing that has made working from home a much more achievable prospect is cheap plane travel. You can get from one end of Europe to the other, often for less than it costs to get from one end of the country to the other.

So, this being the case, why not live somewhere that offers you the best of everything from climate to cost of living and modern, civilised surroundings. Sound too good to be true? Well, it isn't!

The Algarve offers all of the above, plus the fact that it also has one of the lowest crime rates in Europe.

Add to that the greatest number of hours of sunlight on the continent, the cooling effect of the Atlantic breezes which keep temperatures within tolerable limits and you have the nearest thing to the perfect living and working environment.

So, what is involved in buying property in the Algarve?

It is possible to buy a small apartment in Albufeira, for example, for under €100,000 ( £75,000) or, at the other end of the scale, a luxury villa in Quinta do Lago can cost an eye-watering €20,000,000 ( £15,000,000).

The actual process of buying is about as straightforward as it gets. If you are a cash buyer, it is possible to visit the local notary together with the seller and the transfer of the property can be done, including registration, in 30 minutes!

However, if you are unfamiliar with the property market, it would be wiser to employ a local lawyer to act on your behalf. This will cost an average of 1% of the purchase price, negotiable on more expensive properties.

If you are an EU citizen, local property finance is available, subject to status, for up to 80% of the property price.

So just think about it..... your own balcony in the sunshine, piña colada, laptop, warm breezes and stunning views.... what's not to like?

By lusoproperties, Nov 23 2015 10:40AM

If you are looking at property for sale in Portugal, the following should interest you.

Portugal is back on the international radar for investment opportunities. As property consultants celebrate an “exceptional year for Portugal’s real estate sector”, statistics show that foreigners are responsible for around 80% of the country’s commercial property investments in 2014 as well as around one in five of residences sold.

“Portugal has stopped being a forbidden country since the troika left and“foreign investors are knocking on agents' doors every other day, sometimes with offers way above the normal market value.

It is an improvement felt both by huge corporations – with American investors bringing approximately €330 million into the country – as well as smaller property owners.

Whilst the volume of commercial real estate investment in Portugal doubled compared to 2013 – reaching €700 million (80% of which from foreign investors), the Portuguese Real Estate Agents Association (APEMIP) has also celebrated a “two-digit” increase in property sales thanks to foreign buyers.

In fact, the realtors’ association told AFP news agency that more than one in five residences sold in Portugal last year was bought by a foreigner, helping the country’s property market to grow “between 9-15% in 2014”.

Luís Lima, the head of the association, added that “if it hadn’t been for the Banco Espírito Santo debacle and the golden visas scandal, the growth would have been 25%”.

2014 was exceptional for the real estate sector, with the welcome return of foreign investors to our country and occupational sectors making a recovery, especially offices and retail,

And whilst it was expected that commercial real estate investments will reach the €1 billion mark, the estimates were let down by the fact that major deals such as the sale of the Algarve’s Vilamoura and Vale do Lobo tourist developments were postponed to 2015.

With such big deals expected to be completed this year, the property experts are convinced that things will continue looking up for Portugal

By lusoproperties, Nov 23 2015 10:38AM

Interest in the Algarve among holidaymakers appears to be climbing, with latest figures from regional tourist board the RTA showing that 2014 saw 16.4 million overnight stays – its best year ever.

President of the RTA Desiderio Silva said that this trend is expected to continue throughout 2015, but the hard work that national officials have done must be strengthened, the Portugal News reports.

According to the body, overnight stays in the Algarve have increased each year since 2009. That year, 12.9 million were recorded, while in 2013 there were 14.7 million.

The region has an awful lot to offer both holidaymakers and those thinking of buying second homes in the Algarve, so don’t discount it as an option if you’re keen to make the move abroad.

If you like your wine, Portugal would be a brilliant place to move to. Not only is it where port actually originated from, but there are also hundreds of vineyards around and about, with great tipples like Malvasia Fina, Siria and Negra Mole to choose from.

And, of course, the region is rife with golfing opportunities if you like to spend as much time as possible outside being active. In fact, it was recently named the best golf destination in the world at the inaugural World Golf Awards so you know that you’re onto a winner already.

Additionally, investing in the Algarve has been made much easier thanks to the introduction of the Golden Visa, brought in back in 2012, that helps people fast-track the property purchasing process and allows non-EU citizens the chance to obtain a residency permit.

By lusoproperties, Nov 23 2015 10:34AM

Whilst modular properties are a staple of the American construction industry this type of building has only recently come to prevalence in Europe. When choosing what method of building to use in your second homes in the Algarve there are a number of advantages of choosing this method.

Design Features

Modular homes are can either be taken from an existing design or a completely custom design. All Modular home manufacturers will have in-house engineering teams who can customise every aspect of your home which will then be built in modules inside a factory. This means that you can have everything from your flooring, kitchen and bathrooms down to light fittings and architrave installed in the modules before they are put together on site.

Speed of Construction

Because modular homes are manufactured indoors, the speed of production and construction is significantly faster than a traditional build, namely because construction is not affected by usual limiting factors such as weather. Another advantage is that each module is inspected as it completed in the factory eliminating the need for on-site inspections after the completion of assembly.


The vast majority of materials used in the construction of modular homes are eco friendly which giving you an excellent EPC rating. New to market products such as Dragon Board (an innovative MgO board) can be used throughout your property to make it water, fire, wind and mould resistant without having to use bulky insulation and non eco-friendly primers.

Loans, Insurance and Tax

As modular homes are permanent dwellings built on solid foundations they are subject to the same regulations and traditionally built homes for loans, insurance and tax. This will make financing your project the same as financing a traditionally built home. For more inspiration on designing your modular home have a look here.


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