Golden Visa holders in Portugal can work in the country, granting residency through investments in the economy. This permit allows living, working, and Schengen Area travel, but does not automatically grant citizenship.
Yes, you can work in Portugal with a Golden Visa, but there are specific conditions and limitations to be aware of:
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Primary Purpose: The Golden Visa is primarily an investment-based residency program aimed at attracting foreign investors to Portugal. It allows investors and their families to live in Portugal and travel within the Schengen Area.
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Work Authorization:
- Self-Employment: If you are self-employed or running a business, you can work in Portugal under the Golden Visa. You may need to comply with local business regulations and obtain necessary permits.
- Employment: If you wish to be employed by a Portuguese company, the Golden Visa itself does not automatically grant work rights. You might need to obtain a separate work permit or authorization, depending on the nature of the employment and your visa status.
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Business Operations: The Golden Visa often involves making a qualifying investment, such as in real estate or a business. If you are actively managing or operating a business as part of your investment, you will be engaged in work-related activities.
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Family Members: Family members who receive residency under the Golden Visa (spouse and children) are generally allowed to work in Portugal, but they may need to adhere to specific regulations or obtain work authorization, depending on their employment situation.
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Tax Considerations: Working in Portugal may have tax implications. You should be aware of Portugal's tax laws and regulations, including any obligations related to income tax and social security contributions.
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Compliance: It is important to ensure that all activities comply with Portuguese immigration and employment laws. Consulting with legal and immigration professionals can help navigate the complexities of working in Portugal under the Golden Visa.
In summary, while the Golden Visa allows you to live in Portugal and engage in business activities, you may need additional permits or authorizations to work for a Portuguese employer or in specific professional capacities.