Portugal

Residence program

Overview

The Portugal Golden Residence Permit (Golden Visa) Program is a residence by investment program that grants non-EU investors the right to reside, work and study in Portugal in exchange for an investment of at least €280,000. This Portuguese program allows successful applicants to qualify for either permanent residence or citizenship after 5 years.

  7-day stay requirement
  Minimum investment of € 280,000
  Entire family
  5 years for citizenship
  Schengen Area

Who’s eligible ?

Applicants must be over the age of 18 and be from outside the EU with no history of criminal records.

Investment options

PROPERTY
ACQUISITION

Fulfill one of the following investment options:

Residential Real Estate
€500,000 minimum real estate purchase (residential property is limited to designated interior areas). Investment reduced to €400,000 if within a low population density area.

Residential Real Estate Rehabilitation
€ 350,000 minimum real estate purchase for the refurbishment of residential properties older than 30 years or within an urban regeneration area, including the cost of renovations (residential property is limited to designated interior areas). Investment reduced to € 280,000 if within a low population density area.

Commercial Real Estate
Commercial real estate investment of at least €500,000 located anywhere IN Portugal. Investment is reduced to €400,000 if within a classified low-density area.

Commercial Real Estate Rehabilitation
Investment of €350,000 in tourism or commercial rehabilitation works located anywhere in Portugal. Properties must be at least 30 years old. Investment reduced to €280,000 if within a low-density area.

CAPITAL
TRANSFER

One of the following options :

  • Capital transfer with a value of at least €250,000 for investment in artistic output or national heritage maintenance.
  • Capital transfer with a value of at least €500,000 for investment in research activities.
  • Capital transfer with a value of at least €500,000 for the purchase of shares in investment funds or in venture capital geared towards the capitalization of small and medium companies.
  • Capital transfer with a value of at least €1.5 million into a Portuguese bank account.

BUSINESS

  • Create a minimum of 10 new jobs.
  • Incorporate a company or increase the share capital of an existing Portuguese company by a minimum of €500,000 and create 5 local jobs for a three-year period.

Benefits

  • Spouse or partner
  • Children under the age of 18

  • Children over the age of 18, who are dependent on you financially. Adult children must be enrolled in full-time education and unmarried to qualify as dependents.

  • Siblings under the age of 18 of either yourself or your spouse/partner. For siblings to qualify as dependents, you or your partner must have legal custody of them.

  • Dependent parents (over the age of 55) of either you or your spouse/partner. You must provide documents proving their dependency unless they are older than 65.

  • Schengen Area and EU membership

  • Right to live, work and study in Portugal

  • Pathways to obtaining permanent Residence and citizenship in Portugal after 5 years
  • High standard of education and high-quality healthcare system

  • Visa-free travel within the Schengen Area

  • Low physical presence requirement (7 days during the first year of residence and 14 days for the two subsequent years, which can count towards citizenship eligibility after five years)

  • No language, education or management requirements

  • The right to live, work, and study anywhere in the EU and visa-free travel to over 182 destinations.

  • Eligibility to apply for citizenship after 5 years as a legal resident while keeping other citizenship(s).

Process

  • To choose the qualifying investment, begin the legal process, and open a bank account.

  • To provide the biometric data and original documents.

  • Once the residence permit has been received, the client must provide biometric data and updated original documents at each renewal.

  • The process fort acquiring a Portuguese residence permit through investment takes over 6 months

Obtain a tax identification number in Portugal.

Open a bank account in Portugal.

Complete the qualifying investment.

Meet all application documentation requirements.

Submit the application to the Portuguese Immigration and Borders Service (SEF).

Upon approval, the applicant must visit Portugal for biometric submission before the residence permit is issued.

The residence permit is valid for a 2-year period and renewable every 2 years, subject to conditions.