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Portugal: Golden Visa

The Portugal Golden Residence Permit Program is one of the most popular Residency by Investment programs in Europe and for good reasons.  Not only can you live and work in Portugal but you also get visa free access to all Schengen countries.  You are only required to stay in Portugal for a period of 7 or more days, in the first year, and 14 or more days, in the subsequent years.  After 6 years you can becomes a naturalised citizen and get a Portuguese passport.  There are many ways to qualify but the most popular way is to purchase Real Estate for €350k or more or by investing in local shares also for the value of €350k or more.  

Further information:

  • Processing times can vary but generally are around 4 months
  • The the Portuguese government charges a processing fee of €517 for the main applicant plus €80 per additional family member plus the cost for the Golden Visa: €5,202 per applicant
  • After holding your investment for 5 years, you are free to sell your property if you choose


OUR SERVICES

Our partners in Portugal have years of experience in helping our clients to find great investments in either property or shares as well as making the application process as seamless as possible.  So not only will you end up with an EU passport after 6 years but you could also have a valuable investment in Europe

To be eligible you need to invest in one of the following ways:

  • Invest more than €500,000 in real estate.
  • Invest in real estate to the value of €350,000 or above if the construction of the building dates back more than 30 years or it is located in an urban regeneration area.
  • Invest more than €350,000 in shares, investment funds or in venture capital fund of funds geared to the capitalisation of companies, whose maturity at the time of investment is at least five years.  60% of the investment should be realised in companies whose head office is located in Portugal. 
  • Invest more than €350,000 in a commercial company whose head office is in Portugal, combined with the creation or keeping of 5 new permanent jobs for a minimum period of three years.
  • Transfer €1,000,000 of capital funds to Portugal.
  • Invest €350,000 or more in research activities conducted by public or private scientific research institutions.
  • Invest more than €250,000 in artistic output or supporting the arts or for reconstruction or refurbishment of the national heritage.
  • The creation of at least 10 jobs.

Golden Visa Key Points

Programme Name:Golden Visa Minimum investment:EUR 350,000
Time to permanent residency: Immediate Time to citizenship:6 years
Typical processing time:4 months Minimum stay:7 days per year
Visa Free Countries:160 Passport Ranking:11th
Cost of Living Rank:59th Corruption Rank:30th

Portugal Overview

Portugal is sunnier than anywhere else in Europe and this is not the only thing it has going for it. With unemployment numbers dropping further each year and a steadily growing economy, the future in this Western European country looks bright. 

Of course you’d want to live in Portugal for the great weather, scenery and beautiful cities. But it’s not just the Portuguese social life that is appealing. Working conditions in Portugal are attractive with 22 days annual leave on top of a number of national holidays. People are open and friendly towards foreigners and long lunches and dinners are part of everyday business. 

With a shortage of high skilled employees and different industries growing, trying your luck in Portugal could really boost your career and be a great next step. 

Lisbon is the ideal place for people looking to work for big international companies and the local government is encouraging entrepreneurs to start their own business. 

While speaking another European language, like French or German, will definitely help you if you’re looking for opportunities in the tourist industry, with just English there are still plenty of options open to you. 

Explore on wherecani.live

The passport for Portugal allows you to travel to 160 countries without a visa.

Its global rank is 11.