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What are the territorial requirements for the cultural pathway of Portugal’s Golden Visa?

I heard there's a cheaper 200,000 EUR option to get the golden visa if I invest in a cultural project in a low-density area. Does that apply to the city of Evora or what would be the minimum limit there?


Answers
  • Lamares, Capela & Associados, Sociedade de Advogados
    October 31, 2023

    By investing 250,000 euros, individuals can actively contribute to diverse cultural initiatives, including supporting artistic productions, cultural heritage preservation, and cultural industries. Moreover, investors can benefit from a 20% reduction in required capital by choosing low-density areas. Évora exemplifies one such low-density area, the investment threshold for this region is set at 200,000 euros. In summary, the territorial requirements for the Cultural Pathway involve a standard investment of 250,000 euros, with the flexibility to reduce this amount by 20% when selecting a low-density locale.

  • NEXT/Gali Macedo & Associados
    October 26, 2023

    Nearly all the interior regions of Portugal are categorised as Golden Visa low-density areas and offer beauty, diversity, and culture. The capital city of Lisbon, major cities like Porto, most of Portuguese mainland coastal parishes south of the River Lima and north of the River Sado (with some exceptions in the districts of Setúbal, Beja and Faro) and the islands of Azores and Madeira are excluded from the low-density areas. Mainland Portugal is divided into 18 districts, each district is divided into multiple municipalities and each municipality is divided into multiple civil parishes. There are a total of 165 counties and 74 parishes considered low-density. The city of Évora is included in the designated low-density areas.