Cultural Production Golden Visa| How to apply

Cultural Production Golden Visa option is gaining attention in 2024, offering an affordable pathway for individuals to obtain Portuguese residency by investing in cultural projects. The program aims to support the Portuguese art scene and promote cultural heritage preservation.

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It is crucial to remember that getting approval by the government for the Cultural Production Golden Visa and the Artistic Production option are extremely difficult to find and very few of these get approved. According to recent survey, only 1 in a 1000 of these are approved compared to the traditional Golden Visa residency by investment option.

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Eligibility Requirements

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To qualify for the Cultural Production Golden Visa, applicants must meet the following criteria:

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1. Invest €200,000 (or €250,000 outside low-density areas) in "artistic production" projects in Portugal.

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2. The project must be approved by the Directorate-General for Arts (DGArtes) or the Instituto de Conservação e Restauro (Instituto dos Museus e da Conservação).

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3. The project must contribute to the development of Portuguese culture or heritage.

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4. Be a non-EU citizen

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Investment Options

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There are two investment options under the Cultural Production Golden Visa:

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1. Artistic Production Funding: Invest in the creation, production, or dissemination of cultural and artistic activities in Portugal. This could include funding theatre productions, musical concerts, art exhibitions, or literary events.

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2. Donation to Cultural Heritage: Make a donation of €200,000 (or €250,000 outside low-density areas) to a Portuguese cultural heritage institution or project. This could support the preservation of historical landmarks, archaeological sites, or cultural archives.

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Benefits of the Cultural Production Golden Visa

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Apart from obtaining Portuguese residency, the Cultural Production Golden Visa offers several additional benefits:

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1. Family Inclusion: Eligible family members, including spouses, dependent children, and their partners, can also obtain residency under the program.

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2. Flexibility: Applicants can choose from various investment options to suit their interests and preferences.

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3. Support for Portuguese Culture: The investment helps promote Portuguese art and heritage, contributing to the country's cultural vibrancy.

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Process for Applying

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To apply for the Cultural Production Golden Visa, individuals should first identify a suitable artistic production or heritage project.

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They must then obtain approval from the relevant Portuguese authorities, demonstrating the project's alignment with the program's objectives. Once approved, applicants can submit their application to the SEF (Serviço de Estrangeiros e Fronteiras), Portugal's immigration service.

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Difficult to Execute

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There are issues however, with the Cultural Production Golden Visa, specifically the Artistic Production Investment option. This is because there is no-pre approved list of artistic projects to invest in, you must first either source a a project that fits the governments criteria and then get into contact with the governing body that approves this which is very difficult. Also, the government could simply refuse or delay and never answer.

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To learn more about applying for the Cultural Production Golden Visa through the government body read the following guide.

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To learn more, contact Portugal Pathways expert team and schedule a consultation.