Portugal’s Golden Visa program has been attracting investors with its diverse sector options, including solar power, senior care, and aquaculture. The program allows foreign investors to obtain a residence permit in exchange for investing in certain sectors.

Investment Options

The Golden Visa program offers a range of investment options, including renewable energy, technology, and healthcare. The New Frontiers Energy Fund II, for example, focuses on scalable solar photovoltaic projects, while the IMGA Futurum Tech fund targets Portuguese and Brazilian startups with global ambitions.

The IMGA Silver Domus fund, on the other hand, focuses on Portugal’s senior-living sector, including assisted living, continuing care, and home-care operators. The European Commission’s InvestEU profile for Growth Blue invests in Portuguese small and medium-sized companies working in aquaculture, blue bioeconomy, offshore energy, and applied technologies.

Requirements and Benefits

To be eligible for the Golden Visa program, investors must transfer a minimum of 500,000 euros to a non-real estate collective investment undertaking created under Portuguese law. The investment must have a maturity of at least five years, and at least 60% of the investment value must be placed in commercial companies headquartered in Portugal.

The Golden Visa program offers several benefits, including residency in Portugal, visa-free travel to the Schengen area, and the potential for permanent residency and citizenship. However, investors must carefully review the program’s requirements and regulations before making an investment.

Original reporting: KEYT (Ventura/Santa Barbara) — read the source article.