As of 15 September 2022, the cheapest Golden Visa investment option is the relatively unknown “artistic support” Golden Visa, a.k.a. the Cultural Golden Visa.
Investments in eligible cultural production projects (e.g. feature film production) are priced at €250,000 for films shot in urban areas, and only €200,000 for projects situated in low-density areas, typically in the Portuguese interior. Apart from being the cheapest Portuguese Golden Visa, the Cultural Production track is also the only one to offer pre-approvals by the Portuguese Ministry of Cultural Affairs.
The Cultural Golden Visa option also offers a deed-backed capital guarantee, and a guaranteed return of 4% p.a. Filming does not commence until a pre-sales agreement has been finalized with the distributor, which significantly reduces the risk of financial under-performance.