Residence Permit for Investment

Cultural sector RPI 

 

The right of residence through investment in the cultural sector implies the Transfer of capital equal to or greater than 250 thousand euros, to be applied in investments or in the support of artistic production, recovery or maintenance of the national cultural heritage, through services of the direct central and peripheral administration, public institutes, entities that integrate the public business sector, public foundations, private foundations with public utility status, intermunicipal entities, entities that integrate the local business sector, municipal associative entities and public cultural associations, that carry out tasks in the area of ​​artistic production, recovery or maintenance of the national cultural heritage "paragraph d) and section 2 of “alínea d)  of article 3. of Foreigners Law (Law No. 23/2007, of July 4th)".

The Gabinete de Estratégia, Planeamento e Avaliação Culturais must issue a statement proving the investment in the cultural sector.

Order No. 2360/2017, of March 20, approves the regulation regarding the issuance of the declaration attesting the effective transfer of capital for the purposes of residence permit for investment in the cultural sector, and establishes the rules applicable to the issuance of that declaration.

To know more: Residence Permit for Investiment

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