For investors, the Golden Visa is a short path to EU citizenship in just five years.
The RECap Fund offers those seeking a Golden Visa the lucrative opportunity to invest in a stable, well-performing European property market in a country recognised for its safety, affordability, stability and lifestyle.
From 1 January 2022 onwards, the minimum amount to qualify for the GV programme will increase from €350,000 to €500,000.
The investor needs to hold the investment for 6 years to be able to obtain permanent residence.
|RECap Fund||Direct Property Acquisition||Other Financial Assets|
|Minimum Investment Amount||€350k||€500k||€1M|
|Transfer tax (IMT)||-||6,0%||-|
|Stamp Duty (IS)||-||0,8%||-|
|Condo Fees and Annual Property Taxes||-||c. 2.0-2.5k||-|
|Lawyer Fees||c. €7k||c. €5k||c. €2k|
|Invest in the RECap Fund and the fund manager will issue a certificate for the GV process||Acquire a property in Portugal (from 1 January 2022 greater Lisbon, Porto and most coastal areas will no longer be available for investment; instead, residential property investment will be directed to less-densely populated interior regions, the Azores and Madeira)||Capital transfer of €1M (i.e. deposits or savings account)|