Portugal Golden Residency

 

PORTUGAL GOLDEN VISA - THE PORTUGEESE RESIDENCY BY INVESTMENT

potugal golden visa, residency, citizenship and passport
 

The Portugal residence by investment program was first introduced in 2012. The Portugal Golden Residency program rapidly became a popular path towards European residence for wealthy foreigners. Approved applicants receive temporary residence totaling 5 years, after which the investor can apply for permanent residence. After 6 years of living in the country, they become eligible for Portugal citizenship.  The Portuguese passport is one of the world’s best, with visa-free travel to the U.S. and freedom of movement across Europe. The Portugal tax regime is also very advantageous to non-domiciled individuals as they are not liable for their foreign income. Alternatively, investors may also consider the Greece golden visa program.

 

Location

Europe

Population

10.3 million

Capital

Lisbon

Currency

Euro (EUR)

Language

Portuguese

Investment Amounts

 
Investment amount 1m EUR or 500,000 EUR if made in a specified way
Application fees 517.40 EUR
Residence Permit fees 5274.40 EUR for adults and 2637.20 EUR for minors; renewal 2637.20 EUR for adults and 1318.60 EUR for minors
Investment amount 500,000 EUR or 400,000 if made in sparsely populated territories or 350,000 EUR if made in a specified way
Application fees 517.40 EUR
Residence Permit fees 5274.40 EUR for adults and 2637.20 EUR for minors; renewal 2637.20 EUR for adults and 1318.60 EUR for minors
Investment amount Create 10 jobs
Application fees 517.40 EUR
Residence Permit fees 5274.40 EUR for adults and 2637.20 EUR for minors; renewal 2637.20 EUR for adults and 1318.60 EUR for minors
Investment amount 250,000 EUR or 200,000 if made in sparsely populated territories
Application fees 517.40 EUR
Residence Permit fees 5274.40 EUR for adults and 2637.20 EUR for minors; renewal 2637.20 EUR for adults and 1318.60 EUR for minors
Investment amount 350,000 EUR or 280,000 if made in sparsely populated territories
Application fees 517.40 EUR
Residence Permit fees 5274.40 EUR for adults and 2637.20 EUR for minors; renewal 2637.20 EUR for adults and 1318.60 EUR for minors
 
 

Application Process

  • Stage 1 Month 1

    Gather documents and make an investment. Submit application to the SEF along with application fees.

  • Stage 2 Month 2

    The authority issues a confirmation that the application has been received and processed with due diligence.

  • Stage 3 Month 5

    The SEF approves the application; the applicant is required to visit Portugal to have his biometrics taken. The residence permit is provided for a length of 1 year; this must be renewed for 2-year permits after that.

 

Benefits

  • Physical presence in Portugal only for a period of 7 or more days in the first year, and 14 or more days in following years
  • No tax on foreign income for non-domiciled
  • Can apply for citizenship after 6 years
  • Applicants can bring their parents and children who are students
  • Right to travel within the Schengen area

 

 

Requirements

  • Provide a police report and be of good character
  • Possess health insurance
  • Document proving a lack of debt to Portuguese authorities
  • Investment must be held for 5 years for renewals

Does Portugal offer citizenship by investment?

Investors can apply for citizenship in Portugal after 5 years. Unlike other golden visas in Europe, there is no requirement of having lived in Portugal in order to apply for citizenship. However, investors must prove ties to Portugal and pass a language test. For this reason, citizenship investors may instead consider actual citizenship by investment programs, such as the Vanuatu citizenship in the South Pacific, St. Lucia citizenship in the Caribbean, or the Malta citizenship in the EU.

Let us help you to make the right decision.

We at Hudson's Investment Migration Consultancy assist and advise clients looking to obtain new citizenship and/or residency. To date, we have helped a large number of clients from various parts of the world.

We work closely with government units and local agents in various jurisdictions, assuring that we can provide our clients with the best pricing possible while providing a professional and pleasant application experience.

Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.