Portugal
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Residence by Investment Portugal
Renowned for its outstanding reputation, Portugal is one of the world’s most globally connected and peaceful nations. With a high standard of living and an impressive Human Development Index ranking, this European country boasts a rich history, vibrant culture, delectable cuisine, breathtaking beaches, and picturesque countryside. As one of the oldest nations in Europe, Portugal continues to captivate visitors with its charm and allure.
Investment
Minimum EUR 500,000
Processing time
06 months
Key benefit
The right to live, work and study in Portugal
The Portugal Golden Visa Program
It is a popular program for non-EU nationals to obtain a five-year residence permit through investment. This permit allows individuals to live, work, study in Portugal and travel freely within the Schengen Area. Additionally, the program has a low physical presence requirement of an average of seven days per year, which can also count towards citizenship eligibility after five years of legal residency.
The Portugal Golden Visa Program
It is a popular program for non-EU nationals to obtain a five-year residence permit through investment. This permit allows individuals to live, work, study in Portugal and travel freely within the Schengen Area. Additionally, the program has a low physical presence requirement of an average of seven days per year, which can also count towards citizenship eligibility after five years of legal residency.
Benefits of a Portuguese Golden Visa
RESIDENCE BY INVESTMENT - CHECK YOUR ELIGEBILITY
Portugal's Golden Visa Requirements
Portugal’s Golden Visa Program offers three categories for investment: capital transfer, property acquisition, or business. Within each category, applicants can choose one option to meet the requirements. The options for each type include the following:
Capital Transfer
Investment options for the Portugal Golden Visa Program include a minimum capital transfer of EUR 1.5 million into a Portuguese bank account, investing EUR 500,000 in approved investment funds or venture capital funds, investing in research activities, supporting artistic production or recovering national cultural heritage, or investing in a low population-density area.
Business
The Portugal Golden Residence Permit Program offers various investment options for non-EU nationals to obtain a five-year residency permit. One of the investment options includes creating a minimum of ten new jobs or eight new jobs in a low-population-density area. Another option is investing EUR 500,000 in the incorporation or increase of share capital of a company registered in Portugal, creating or maintaining at least five permanent jobs for three years.
Procedures and Time Frame of the Portugal Golden Visa
The timeline for obtaining a Portuguese Golden Visa can vary. Still, it typically takes six to eight months to complete the initial application process and an additional 12 months to receive the residence permit. The timeline can be affected by factors such as the complexity of the investment chosen and the backlog of applications being processed by the authorities.
During the application process, the investor must provide all necessary documentation, including proof of investment and a criminal record certificate. The investor must also obtain a Portuguese fiscal number and open a bank account in Portugal.
Once the application is approved, the investor will receive a letter of approval and must travel to Portugal to complete the biometric data and provide the original documents. After the residence permit is issued, the investor must renew it every two years by delivering updated biometric data and original compositions.
It is important to note that the Portuguese authorities may require additional documentation or information during the application process, which can prolong the timeline. Therefore, working with experienced professionals who can guide investors through the process and ensure that all requirements are met is recommended.