Portugal
Golden Visa
Portugal, known for its vibrant atmosphere and high-quality lifestyle, is a top destination for European residency. The Portugal Golden Residence Permit Program offers non-EU citizens a secure path to residency with minimal stay requirements and visa-free access to the Schengen Area.
Portugal Golden Visa
As a Portugal Golden Visa applicant, you have the right to live and work in Portugal without any obligation to do so. The program offers a favorable tax regime and free travel within the Schengen Area. After five years, you can apply for Portuguese citizenship or permanent residency, granting access to the European Union’s benefits with a Portuguese passport.
- Population: Over 10 million inhabitants
- Languages: Portuguese
- Economy: Mixed economy with strong services, tourism, and agriculture sectors
- Currency: Euro (EUR)
- Visa-Free Travel: 188 countries.
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Advantage
- Dependents: Eligible dependents: Spouse or common-law partner,
dependent children (proof of dependency required if over 18), parents
(proof of dependency required if under 65). - Schengen Area and EU Membership: Portugal is a member of the
Schengen Area and the European Union. - Residency Rights: Right to live, work, and study in Portugal.
- Pathways to Permanent Residency and Citizenship: Possibility of
obtaining Permanent Residency and Citizenship in Portugal after 5 years
(subject to conditions, including a language test) - Quality Education and Healthcare: High standard of education and
healthcare system. - Visa-Free Travel within the Schengen Area.
- No Stringent Requirements: No language, education, or work
experience requirements. - Short Residency Requirement: Short physical residency
requirement, averaging seven days a year (or 14 days every 2 years),
with at least 7 days in the first year.
Requirements
- Age and Citizenship: Must be over 18 years of age and a Non-
EU/EEA Citizen. - Investment: Make a qualifying investment in Portugal using funds
from abroad. - Investment Duration: Hold the investment for a minimum of 5
years after the issuance of the residence permit. - Financial Obligations: Must have no debt to Portuguese authorities.
- Criminal Record: Must have a clean criminal record.
- Health Insurance: Must have private health insurance.
- Legal Entry: Must not have entered or stayed illegally in Portugal.
- Administrative Requirements: Must obtain a tax identification
number and open a bank account in Portugal. - Exclusion: Individuals from Russia/Belarus are not eligible.
Investment
- Option 1: EUR 500,000 Investment in Qualifying Portuguese Investment Funds
- Must be held for at least 5 years after receiving the residence permit.
- Minimum 60% of the investments realized in commercial companies headquartered in Portugal.
- Option 2: EUR 250,000 Donation
- By way of capital transfer applied in investment or support to artistic production, recovery, or maintenance of the national cultural heritage.
- Directed through Investment to be maintained until receiving Permanent Residency or Citizenship.
Process (12 to 24 months)
- Obtain Tax Identification Number: Obtain a tax identification number
in Portugal. - Open Bank Account: Open a bank account in Portugal.
- Complete Qualifying Investment: Complete the qualifying investment.
- Documentation Preparation: Gather all required application documentation.
- Application Submission: Submit the application to the Agency for
Integration, Migration, and Asylum (AIMA). - Biometric Submission: Upon approval, the applicant and dependents
must visit Portugal for biometric submission before the residence permits are issued. - Residence Permit Issuance: The residence permit is valid for a period of 2 years, renewable every 2 years subject to the following conditions:
- Maintaining the investment.
- Complying with physical residence requirements.