Portugal

Portuguese Golden Visas are issued to non-EU nationals who have invested significantly in real estate, investing capital, or creating jobs. With the Golden Visa, you can become eligible for Portuguese citizenship within five years of gaining permanent residency and citizenship in an EU country.Upon receiving a Golden Visa, you are eligible for citizenship after five years. Through the Golden Visa route, you do not need to live in Portugal during that period to acquire citizenship. The country only requires you to spend seven to fourteen days a year there. The requirement is, however, that you prove you have accommodation in Portugal, a steady income, and at least a basic understanding of Portuguese.
Invest in Portugal

Portugal Citizenship by Investment

ADVANTAGES

– Fast track for foreign investors from non-EU countries to obtain a residency permit in Portugal (“Golden Visa”)
– The investor can enter, live, work and study in Portugal.
– Allows the investor to travel freely in the Schengen area.
– Can include spouse, dependent children and parents.
– Eligible for apply for Permanent Residence after 5 years.
– Eligible to apply for Citizenship after 5 years.

REQUIREMENTS

– Make a qualifying investment in real-estate or in a qualifying Portuguese investment fund.
– Must keep the Investment for a minimum of 5 years.
– Funds for investment must come from abroad.
– Proof that the applicant has no criminal record.
– Must meet residency requirements in Portugal of:
– 7 days during the first year, and 14 days in each subsequent two-year period.

INVESTMENT OPTIONS

– A minimum of €500,000 (plus taxes) in Real-Estate.
– Purchase of one or multiple properties.
– All types of property qualify.
– May be used or rented out or
– A minimum of €350,000 in a Portuguese Investment fund.
– Minimum investment period of 5 years.
– Min. 60% of investment used for Portuguese companies.

PROCESS

– Obtain Schengen visa to visit Portugal.
– Select property (if applicable) and open bank account.
– Meet all application documentation requirements.
– Complete qualifying investment.
– Submit Application to SEF Border & Immigration office.
– Processing time between 3-6 months.
– Following submission applicant must visit Portugal to submit bio-metric information.
– After 5 years investor can apply for Permanent residency or Citizenship.

OBTAINING PERMANENT RESIDENCE

– Have met the minimum residency requirements for 5 years.
– Kept a clean criminal record.
– Have sufficient funds and a place of residence in Portugal.
– Proof of Portuguese language proficiency (CEFR A2)

OBTAINING PORTUGUESE CITIZENSHIP

– Have met the minimum residency requirements for 5 years.
– Kept a clean criminal record.
– Have sufficient funds and a place of residence in Portugal.
– Proof of Portuguese language proficiency (CEFR A2)
– Must show a close connection to Portugal.

BENEFITS OF CITIZENSHIP

– Unrestricted right to live, work, study in Europe.
– Access to free education within EU.
– Possibility of visa-free travel to US & Canada.

 

Please click here to find out more about the possible termination of the Golden Visa program in 2023

Information From Our Portuguese Lawyers

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