As the oldest nation-state in Europe, Portugal boasts a rich cultural heritage, with historic architecture dating back to the 1500s, and a cuisine that reflects its close relationship with the Atlantic Ocean. Portugal’s Residence by Investment Programme offers a unique opportunity for foreign investors seeking a foothold in the thriving European market.
Portugal is a captivating country located in southwestern Europe that offers visitors a rich blend of history, culture, and natural beauty. The country is home to a range of stunning natural landscapes, including beautiful beaches, rugged cliffs, rolling hills, and fertile vineyards. The country’s rich biodiversity includes several World Heritage Sites, such as the historic city of Porto, the Douro Valley wine region, and the historic centre of Sintra. Portugal’s vibrant culture includes a thriving contemporary art scene, celebrated culinary traditions, and a bustling nightlife.
The Portuguese economy is diverse, with sectors including tourism, textiles, wine, and renewable energy. Portugal is a member of various international organisations, including the United Nations, the European Union, and the Community of Portuguese-Speaking Countries. A Portuguese Golden Visa offers numerous benefits, including visa-free or visa-on-arrival access across Europe’s Schengen Area, and the opportunity to establish residency in a politically stable and prosperous country.
Minimum Donation To A Cultural And Artistic Investment
Minimum Fund Investment
Time To Residency
Schengen Area
Golden Visa holders and their family will have the right to work, study and live in Portugal.
Attractive taxation system.
Access to primary healthcare and education system for the family.
The country places no restrictions on dual citizenship.
The golden visa allows its holders visa-free travel within Europe’s Schengen area.
Possibility of applying for citizenship after five years.
Golden Visa holders and their family will have the right to work, study and live in Portugal.
Attractive taxation system.
Access to primary healthcare and education system for the family.
The country places no restrictions on dual citizenship.
The golden visa allows its holders visa-free travel within Europe’s Schengen area.
Possibility of applying for citizenship after five years.
Launched in 2012, the Portugal Golden Visa has been widely promoted by the Portuguese Government, attracting numerous qualified foreign investors due to its flexible and attractive benefits, such as low stay requirements and the possibility of acquiring citizenship by naturalisation.
To qualify for the Portuguese Golden Residence Permit Programme, applicants must make a qualifying investment of at least EUR 200,000 in donation to a foundation or institute for artistic preservation. Investments must be maintained for a minimum of five years from the date the residence permit is granted, and the holder must stay in Portugal for a minimum of seven days per year during the first five years.
Investors can choose one of the below options:
Investors can choose one of the below options:
The application process is straightforward, and it may take up to 16 months between initiating the process and receiving the citizenship documents. The application process can be divided into the following stages:
An amendment to the Act n. 23/2007 of July 4, the Order n. 1661-A/2013 Act n. 29/2012 of August 9 laid the legal framework for the entry, permanence and exit of foreigners from national territory. In addition, the order created a new special legal resident status for those who engage in investment activities in the country. The amendment allows for shorter residency requirements of seven days per year for five years, at which point the applicant and the family can apply for Citizenship.
The Portugal Golden Visa program is a straightforward way for non-EU citizens to obtain a Portugal residency with reduced permanence requirements at an average of 7 days per year. An investor can get a residence visa for himself and his dependents by completing a qualifying investment, starting at €200,000.
The applicant may also start a business in Portugal and employ a minimum ten people. If the company is in a low-density population area, the number is reduced to a minimum of eight jobs.
Portugal does not have a Citizenship by Investment program. However, after five years of holding the Golden Visa residency, an investor can apply for citizenship via naturalisation. In addition to being a resident for five years, applicants for citizenship need to demonstrate basic knowledge of the Portuguese language.
To gain Portugal citizenship, the applicant must pass an A2 level basic language examination (CIPLE). For children under the age of ten, the exam may be modified. Children between the ages of ten and eighteen will be excluded from the exam if they attend a Portuguese school or have a declaration of proficiency.
Nestled in southwestern Europe, Portugal is a historic country that enthrals visitors with its rich blend of history, culture, and natural beauty. Portugal covers an area of approximately 92,212 square kilometres and has a population of over 10 million people.
The country has a diverse cultural heritage, shaped by its long history as a maritime nation, including influences from the Celts, Romans, Moors, and explorers like Vasco da Gama. The country’s modern culture is also vibrant, with a thriving contemporary art scene, culinary traditions, and a bustling nightlife.
Portugal is home to a range of stunning natural landscapes, including beautiful beaches, rugged cliffs, rolling hills, and fertile vineyards. Portugal boasts a diverse range of World Heritage Sites, such as the historic city of Porto, the Douro Valley wine region, and the charming historic centre of Sintra. In addition, Portugal is renowned for its vibrant music, dance, and festivals, including the lively Festa de São João which is held in Porto.
Portugal is a parliamentary democracy and a member of various international organisations, including the United Nations, the European Union, and the Community of Portuguese-Speaking Countries. The country has a stable political climate, and the country is committed to sustainable development, with policies to protect the environment, promote human rights, and support economic growth.
Portugal is a popular destination for tourists, with over 20 million visitors annually. The country’s tourism industry is focused on eco-tourism, cultural tourism, and sun and beach tourism, with visitors drawn to the country’s stunning natural beauty, cultural heritage, and warm hospitality. Portugal is also a significant producer of wine, with the Douro Valley being one of the world’s oldest demarcated wine regions.
Invest in your future with Passport Legacy and unlock a world of possibilities. Connect with one of our client advisors today to book a private consultation and discover bespoke residence and citizenship by investment solutions that cater to your unique needs.
Passport Legacy Consultancy Limited © 2024 All rights reserved
Passport Legacy Consultancy Limited
© 2024 All rights reserved
