Designed to encourage investment from non-EU nationals, the Golden Visa offers a fast track to obtaining a residency permit in Madeira, Portugal.
Commonly referred to as residency by investment or citizenship by investment, Madeira’s Golden Visa is a European directive, designed to attract foreign national wealth to EU nations. Golden Visa candidates are granted full residency or citizenship in exchange for a defined economic contribution.
In volatile financial marketplaces, Golden Visas are key to optimising a high-net-worth portfolio as well as acting as an insurance policy against economic and political risk. They offer the holder enhanced global mobility as well as the option of relocation to a more favourable jurisdiction (either now or at retirement) and accessing full rights as a resident. This includes the right to live, work, study and receive health care, typically unavailable to non-residents and tourists.
A Golden Visa provides an investor and their families with access to new marketplaces, as well as a host of career, educational, tax and healthcare opportunities. These opportunities are in turn available for future generations to benefit from. Typically, as a Golden Visa Holder, you can:
- Secure an alternative safe-haven
- Expand and enrich your business opportunities and lifestyle
- Access local healthcare facilities
- Access to local educational institutions
There is Golden Visa legislation in place in over 100 countries, on five continents, including over 60% of EU member states. The Autonomous Region of Madeira, Portugal (RAM) boasts an excellent reputation, with a rich history, excellent quality of life and lively culture, as well as stunning natural beauty.
Applying for a Golden Visa in Madeira typically involves obtaining a Portuguese Bank Account and Fiscal Number (NIF), followed by the real estate investment transaction. Once the investment/transfer of capital has been completed, an application for a Golden Visa is submitted to Serviço de Estrangeiros e Fronteiras, followed by a biometric appointment. Once your Golden Visa is granted, you are a legal resident of Portugal and can obtain your Portuguese Citizenship through Naturalisation after five years.
Why work with MC Contabilidade?
Madeira Company, MC Contabilidade, is a leader in residency, and citizenship by investment, with a professional and experienced team who can competently guide you through the process. Located in Funchal, the capital of Madeira, MC Contabilidade has a real estate partner, Madeira Estate, who can work with you to find a qualifying property that meets all your requirements. For more information, contact a member of our team today and discuss your individual requirements with us.
Madeira Company specialises in the incorporation and registration of new businesses and companies in Madeira and Portugal. We have an experienced team ready to assist you with all aspects of company formation. Whether you choose a Public (S.A) or Limited (LDA) company, our team offer thorough guidance and expert support with name registration and approval, certificate of incorporation, fiscal number, and opening a company bank account.
Our dedicated team offers advice on compliance with local taxation requirements, and assistance in tax refunds and tax litigation. Madeira Company works with you to mitigate your tax risks and improve the efficiency of your local and international operations in Madeira. Our in-house team of experienced tax professionals are ready to assist with Personal Income Tax, Non-Habitual Residency and Fiscal Representation.
Madeira-based Bookkeeping and accounting services, including VAT, Profit Tax returns and the preparation of financial statements. Our expert team can discuss the level of support required for your business. We will assist you with VAT and tax returns to your local authority, periodic and annual reporting as well as your End of Year accounting. Contact us today to find out how our team of experienced accountants can help you and your business.