Portugal

Residence by Investment Program

The Portugal Golden Residence Permit Program, also known as a Portugal Golden Visa, is a residence by investment program for non-EU nationals. The residence permit allows visa-free access to the European Schengen Area and requires a stay of fourteen days every two years in Portugal.

Minimum Investment In Real Estate

EUR 280,000

Minimum capital Investment

EUR 500,000

Time to Residency

6-9 months

Visa - free Access

Schengen Area
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All About Portugal

Located in the south of Europe in the Iberian Peninsula, Portugal is the oldest nation-state on the Iberian Peninsula and one of the oldest in Europe. Its close proximity to the Atlantic Ocean has influenced many aspects of its culture: salt cods and grilled sardines are national dishes, and historical architectural buildings dating as far back as the 1500s are a reminder that Portugal was once a powerful maritime empire.

  • The capital of the country is Lisbon
  • The currency is Euro
  • The current population as of 2020 (World Bank): 10.3 million

Residence by Investment Program

The Portugal Golden Visa, launched in 2012, was heavily promoted by the Portuguese government and, in return, has attracted a high number of qualified foreign investors due to the program’s flexibility and attractive benefits, such as the low stay requirements and the possibility of acquiring Citizenship by naturalization.

To qualify for the Portuguese investor visa program, the applicant must make a qualifying investment starting at EUR 280,000 in real estate. The Residence by Investment Program is a five-year program in which the holder must stay for a minimum of seven days per year in Portugal for the first five years.

BENEFITS

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The golden visa allows its holders visa-free travel within Europe's Schengen area.

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Attractive taxation system.

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The country places no restrictions on dual citizenship.

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Golden Visa holders and their family will have the right to work, study and live in Portugal.

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Possibility of applying for citizenship after five years.

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Access to primary healthcare and education system for the family.

Program requirements

To qualify for the residence program, applicants must fulfil the below requirements:

To qualify for the Portuguese Residence by Investment Program, applicants may consider one of the below investment options:

Real Estate

Investors can choose one of the below options:

Capital Transfer

Investors can choose one of the below options:

Business

Investors can choose one of the below options:

Application Process

After completing the initial Due Diligence, the process can be divided into five different stages:

01

Initial set-up: At this stage Passport Legacy will assist the Client in obtaining a Taxpayer Number in Portugal and opening a bank account.

02

Investment: Passport Legacy’s experts will provide options and assist the Client in selecting the most suitable qualifying investment, and will assist with implementation of the same in Portugal.

03

Online Application: Once the investment is completed and the documents are gathered, the applications will be submitted online using the Portuguese Immigration Office’s dedicated platform.

04

Biometric Collection: All the applicants should travel to Portugal to have their biometric data collected.

05

Approval and Card Issuance: After submission of the biometric data, the applications will be approved. After settlement of the relevant Government costs, the residency cards will be issued.

Our team assists our clients step by step through the whole application process. Investors are required to travel at least once to Portugal, where they will be hosted by our local team and guided accordingly.

Real Estate

Discover everything you need to know about purchasing premium real estate in Portugal. Please see our government-approved listings that qualify you for the Portugal Golden Visa.

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Minimum Real Estate Investment:

EUR 280,000

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Real Estate Holding Period:

5 years

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Ownership Type:

Freehold

Passport Legacy give away 3

Commercial and residential real estate qualify

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ROI or Rental Income Opportunity:

3-5%

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Property can be rented out or utilized for private needs

Legal Basis

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.

frequently asked questions

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 €280,000.

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.

To start your application, book your appointment now. At Passport Legacy, we have one of the best client advisors and a processing team to ensure you have a smooth and fast application.

Main applicant:

USD 7,500

Dependents over 16 years:

USD 4,000

Certificate of naturalisation fee including stamp fee:

USD 250

Spouse:

USD 4,000

Processing Fee (per application):

USD 1,000

Cost of expedited process for the passport (per passport):

USD 1,200

Let’s make your dream of traveling visa-free a reality!

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