The Green Visa is a new investment category just launched by the Portuguese government as part of its Golden Resident Permit Programme (GRPP).
The GRPP, also known as the Portugal Golden Visa, is a residency-by-investment programme that allows non-EU citizens to make a capital investment into Portugal and receive a five-year residency visa. With this visa, you and your family can live in Portugal and travel visa-free throughout the European Schengen Area.
To be eligible for a Green Visa you need to make an investment of €500,000 in environmental projects. These projects can range from non-intensive organic agriculture and ecotourism schemes, to renewable energies and other environmental initiatives.
Specific areas of investment include:
2. Organic farming
3. Renewable energy
4. Carbon neutral projects
"The Green Visa will serve to reinforce Portugal’s role in attracting international ecological investment, while simultaneously ensuring the transition to a circular and carbon-free economy," said André Silva, the leader and sole MP for the Portuguese People – Animals – Nature political party. The party is responsible for lodging the new investment route in parliament.