The law does not specify any requirements for the creation of 10 job positions; however, it is our legal opinion that the employees must be either Portuguese citizens or nationals of other European or third countries who are legally residing in Portugal. This means that this type of investment cannot be used to, for instance, bring 10 people from abroad and hire them in Portugal or bring the whole family to Portugal through this type of investment route. There are no language requirements in this investment route. Please note that the number of jobs created may be reduced by 20% (to eight job positions) provided that the investment is made in sparsely populated territories.
