Portugal Golden Visa Program

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Business investment from €500,000

Real estate from €280,000

Processing time:3-4 Months

Visa-free Schengen:Yes

Packed with western-facing coastline views, delicious cuisine options, and some of the friendliest people in all of Europe, Portugal is a popular country for visitors from all over the world. Instead of stopping at “just visiting,” individuals can take advantage of Portugal’s residency by investment program, often called the Golden Visa Program.

Our Golden Visa & Citizenship by Investment Factsheet

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By obtaining a Portugal Golden Visa, individuals and their families can travel throughout Europe, experience many other benefits, and even work towards becoming Portuguese citizens. We will detail how applicants and their families can best navigate the Portugal residency by investment program.

Portugal Surfing
Passports from Portugal

Origin of Golden Visa Program

Starting in 2012, the Portugal Golden Visa became popular very quickly. In the last 10 years of the program’s existence, over 27,000 applicants have received a Portugal Golden Visa. Since this program offers a path to citizenship in the European Union with the shortest lead time, it has become popular for investors looking to relocate. However, it offers benefits beyond citizenship, so even applicants that are not interested in calling Portugal home can enjoy the many perks that come with a golden visa from Portugal.

Capital

Lisbon

Continent

Europe

Sea

Atlantic

Total Area

92,212 Km2

Currency

Euro

Visa-free countries

191

Population

10,352,042

Language

Portuguese, Mirandese
Portugal Map

Benefits of Pursuing Portugal’s Golden Visa

Aside from colorful cities, friendly citizens, and unparalleled food, Portugal residency by investment offers its holders a plethora of benefits. Each applicant may have different reasons for applying for the Portugal golden visa, but once approved, all benefits are extended to the applicant and their families. Below are some of the top benefits of the program:

EU Access for Living and Working

EU Access for Living and Working

Once granted a Portugal Golden Visa, applicants become residents of Portugal and have premier access to the European Union. If full citizenship is obtained after the Portugal residency by investment program, applicants can access the EU to live and work in. This is a major benefit of this program because the European Union is a highly sought-after region of the world to live in.

Social Services with Citizenship by Investment

Wonderful Healthcare and Education

As of 2021, Portugal was ranked third by the World Index of Healthcare Innovation for patient care and medical services; having full access to this world-renowned healthcare system is a key benefit. In addition to healthcare, Portugal is well known for having great public education throughout every year of schooling, which is wonderful for applicants with families or applicants who may have children in the future.

Tax benefits

Tax Benefits

Once participating in the Portugal Residency by Investment Program, investors are eligible to receive a Non-habitual Resident (NHR) status. This status is available for ten years and allows investors to avoid paying taxes on global income. It also reduces the taxes for income earned in Portugal down to 20%. Without this status, the income tax rate in Portugal can go up to 48%.

Woman holding Passport

Visa free Travel

With a Portugal Golden Visa in hand, applicants can travel anywhere in the European Union without a visa. In addition, many countries outside the Schengen zone will welcome Portuguese residents without a visa, as long as the Portugal Golden Visa is available.

Rich with benefits, the Portugal Golden Visa is a wonderful opportunity for investors to gain access to the EU and experience the many perks.

Portugal Landscape

Why Portugal?

It used to be one of the most powerful countries in the world, but today, Portugal plays more of a quiet role on the world stage in an effort to focus on the people within its borders. It has a rich history to learn from and a healthy economy today, making it a great place to visit or settle down. While a Portugal Golden Visa allows investors to move to Portugal, the residency requirements for the program are fairly relaxed, only requiring holders to stay in the country for about a week each year.

Visa-free travel
with a Golden Visa

The golden visa provides visa-free access to all countries in the European Schengen zone, including Italy, Switzerland, France, and many others:

Austria

Belgium

Czech Republic

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Iceland

Italy

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

Netherlands

Norway

Poland

Portugal

Sweden

Switzerland

Slovakia

Slovenia

Spain

Furthermore, the golden visa makes it significantly easier to obtain tourist visas to the United States, Canada, Australia, and other countries.

Investments and Associated Fees

Offering 7 different types of investment options, the Portugal Residency by Investment Program gives applicants a number of ways to obtain the Portugal Golden Visa. Depending on what each applicant determines is the best route for their family, the wide range of options opens many paths to residency.

1 OPTION

Real Estate Purchase

€280,000

When investing in real estate, there are a couple of parameters that investors must consider before purchasing real estate. To be eligible for the Portugal Golden Visa, applicants must purchase real estate for €350,000 or more if the residence was built more than 30 years ago and is located in a designated restoration area. If the property sits in an area of low population, the overall cost can be reduced to €280,000.

To purchase a residence in a new area, the minimum sale price must be €500,000. If the residence is in a sparsely populated area, the investment can be reduced to €400,000. After 5 years, the property can be sold and the investment can be returned to the investor.

On top of the initial real estate investment, applicants must pay transfer tax which is 6%-8% of the property value, stamp duty, and annual property tax, which are 0.8% of the property value and 0.4% of the property value respectively. Additional fees include medical insurance, which is €400 per person, the application fee of €533 per person, and the residence permit card fee which is €5,340 per person.

Real Estate Minimum

€280,000
Can be resold in 5 Years

Taxes and other fees

Payable upon grant of approval in principle

€5 000

Application & residence card fee:

Payable upon grant of approval in principle

€5 340
per person

2 OPTION

Investment Fund Units

€500,000

This is a great option if applicants do not plan to live in Portugal full-time. By investing €500,000 in an investment fund which then invests that money in residential or commercial real estate, Portuguese companies, or the stock market, applicants can obtain residency status.

Investors must keep their investment in the fund for 5 years, though within 6-10 years, the investment is usually returned through the earned profits which are split among investors.

With the initial investment sum, investors must pay a fund commission of up to 7.5%, an annual commission on the profit of 0.5%-3%, and a tax on investment income. For Portuguese tax residents, the tax rate is 14% while the rate for non-residents is 0%.

Similar to the real estate option, investors must also pay for medical insurance, the application fee, and the residence permit card. These costs are on a per-person basis and are the same fees as above.

Fund investment minimum

€500 000
for 5 years

Application & residence card fee:

Payable upon grant of approval in principle

€5 340
per person

3 OPTION

Arts and Culture Donation

€250,000

By donating at least €250,000 to a fund that aims to restore Portuguese cultural heritage and the arts, applicants and their families can obtain Portugal Golden Visas. This investment type cannot be recouped and will not provide any additional income to investors in the future.

As with the above investment options, investors will be required to pay for medical insurance, the application fee, and the residence permit card fee for each person listed on the application.

Donation minimum

€250 000
non-refundable

Application & residence card fee:

Payable upon grant of approval in principle

€5 340
per person

4 OPTION

Investment in Research

€500,000

By investing at least €500,000 in public or private entities that are part of the national scientific and technological system, applicants are eligible for Portugal residency by investment. These entities are designated by the Portuguese government and must be approved as part of the program.

Investors must also pay for medical insurance, the application fee, and the residence permit card for each individual listed on the application. The fees for these items are the same for all investment types.

Investment minimum

€500 000
in 5 years

Application & residence card fee:

Payable upon grant of approval in principle

€5 340
per person

5 OPTION

Capital Transfer

€1,500,000

With a capital transfer of funds to Portugal in a minimum amount of €1,500,000, investors can apply for the Portugal Golden Visa program. Of course, the fees for medical insurance, application fees, and residence card fees still stand.

Bank deposit minimum

€1 500 000
in 5 years

Application & residence card fee:

Payable upon grant of approval in principle

€5 340
per person

6 OPTION

Business Investment

€500,000

Applicants can invest €500,000 in a business within Portugal that creates at least 5 jobs to become eligible for the program. Fees for medical insurance, the application, and residence cards remain the same.

Business investment minimum

€500 000
in 5 years
and minimum 5 jobs

Application & residence card fee:

Payable upon grant of approval in principle

€5 340
per person

Portugal Beach

The Other Side of an Investment

As illustrated in the above investment options, the Portuguese government has been meticulous in ensuring that this program benefits its current citizens. When taking part in the Portugal Residency by Investment Program, applicants can rest assured that their investment is bettering the Portuguese community as well as providing a number of benefits to investors and their families.

Portugal Citizenship

After 5 years of holding a Portugal Golden Visa, investors can apply for Portuguese citizenship. This is one of the shortest residency requirements prior to citizenship in the entire European Union. Even if applicants do not live in Portugal full-time, their eligibility for citizenship still stands, as long as their residence permits have been renewed and maintained properly.

Family with Portuguese Citizenship

Working with a Licensed Agent

In order to apply for the Portugal Residency by Investment Program, working with a firm that can assist in the process is critical. While these application processes can seem intricate and nuanced, our firm can simplify the process for the applicants and their families by acting as a liaison between investors and the Portuguese government.

Authorized Licensed agent

Application Procedure

Due Diligence Check

As the first step in the application process, our team at Global Residence Index will conduct a due diligence screening of each applicant to identify and mitigate any issues that may arise during the application process. This step can save a lot of time down the line and minimize the risk of rejection. When the client has successfully passed, we can proceed to the next step.

Investment Selection

If purchasing real estate, applicants will need to review potential investment properties. If the investment type differs from real estate, investors can alert their agent and avoid the steps needed for purchasing real estate.

Complete Investment

Once applicants have their affairs in order, the investment process can be concluded with the purchase of real estate or monetary investment in one of the other options.

Document Submission

Next, applicants will collect all required documents and work with their agent to get them in order, including translating the documents. E-Copies are then sent to the Portuguese Immigration Office for review.

Biometric Data

Once approved, applicants and their families will need to visit Portugal to submit fingerprints and original documents. This is required to obtain a residence permit card and all members of an application must be present in person. At this point, applicants can live in Portugal, but they will not be able to leave the country until the residence permit cards are sent.

Process Finalization and Residence Cards

After 4-6 months, the applicant will get final approval and receive the residence permit cards for each person on the application. At this time the investor will submit the payment for residence permit cards.

Mark Damsgaard

Head of Client Advisory

Portrait Photo with Passports

Our Team

With extensive experience in this field, our team has helped investors obtain a Portugal Golden Visa through each investment type.

We have broad and deep knowledge, making it easier for our clients to gain residency in the country of their choosing.

The connection we have with local governments and our diligence in working with our clients will make the process seamless while maximizing each applicant’s approval probability.

8+

years of experience

10+

team of experts

99%

approval rate

500+

passports issued

Frequently Asked Questions

Is there a residency requirement?

Yes. To maintain the Golden Visa residency, the holder has to stay in the country for at least 7 days in the first year and 14 days in the following two-year periods. After five years, the investor can apply for either Portuguese citizenship or permanent residency. With citizenship or permanent residency, there are no residency requirements and the initial investment can be resold.

Can the process be conducted remotely?

While most of the process is done remotely, applicants are required to visit Portugal at the end of the application process for biometrics.

Who can I include in my application?

You can include your spouse, children up to the age of 26, parents over the age of 65, and siblings under the age of 26.

Let us help you!

As a trusted golden visa agent, our team is authorized to facilitate your application process, assess the ideal investment option for your unique situation, and keep you in compliance every step of the way. Our personalized investment migration consulting is your one-stop shop for obtaining a second citizenship or new residency. Fill out our contact form to get started with a complimentary consultation today.

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Family in airport having visa free travel with a passport by investment

What to expect during your free golden visa consultation?

We proudly offer free consultations to interested applicants.
Here is what you can expect from your free consultation with our advisory team:

1

By the end of the consultation, you will know if you’re eligible to apply so you don't spend time and money investigating yourself

2

We will answer any specific questions you have about the program and application process

3

Our advisory team will explain every step of the process in detail so you know what to expect

4

We’ll help you understand the best investment option for you