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Portuguese Golden Visa is an investment and residency program to attract foreign investors into the country.
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BENEFITS OF PORTUGUESE GOLDEN VISA
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- Residence visa waiver for entering Portugal and visa exemption for traveling within the Schengen Area.
- Permit to live, work and/or study in Portugal.
- Right to apply for Portuguese citizenship.
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BENEFITS OF PORTUGUESE PASSPORT
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- Has the 3rd best ranking globally. (Passport Index, 2018)
- Gives a visa – free access to 163 countries.
- Allows dual nationality.
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THE ROAD LEADING TO THE PORTUGUESE CITIZENSHIP
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- The investment must be kept for at least 5 years from the date of issuance of the residence permit.
- First, a temporary residence & work permit is issued for 1 year; then 2 year residence permits are issued twice; adding up to total of 5 years.
- The investor has to stay in Portugal for 7 or more days in the first year period and 14 or more days in the subsequent 2 years each. That is, 35 days in 5 years.
- At the end of the 5th year, the investor may apply for the permanent residence and/or citizenship within the framework of then valid law.
- Investor has to demonstrate to sufficient knowledge of Portuguese language (A2 Beginning Level) and effectively link to local community.
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INVESTMENT TYPES
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Real Estate
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- 500.000 € for the purchase of any real estate.
- 350.000 € for the purchase of real estate which needs refurbishment. The property needs to be constructed more than 30 years ago or be located in urban regeneration areas.
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Jobs Creation
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- Creation of at least 10 job positions.
- 350.000€ for the constitution of a new company or investment in an existing company. In both investment options its required to create min 5 permanent jobs for at least min 3 years.
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Research Investment
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- 350.000 € for investing in research activities conducted by public or private scientific research institutions involved in the national scientific or technologic system.
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Money Transfer
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- Min. 1 Million Euros for capital transfer.
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Investment Funds
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- 350.000 € for the acquisition of participation units of investment funds or venture capital funds under the Portuguese legislation, whose maturity, at the moment of the investment is, at least 5 years and 60% of the investment is realized in commercial companies with head office in the national territory.
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Art Investment
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- 250.000 € for investing in arts related to national heritage and public interest. (There is no established system to date for its implementation.)
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FAMILY REUNIFICATION
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- The spouse.
- Minor children and incapacitated children under the custody of the couple or of one spouse.
- Children who have been adopted by an unmarried applicant, or by a married applicant or by his/her spouse, provided such adoption was authorized by the relevant authority of the country of origin and has the same legal effects to those of natural children, and that such decision is recognized in Portugal.
- Children above 18 years old, who are dependent on both or one parent, provided they are single and studying in any country. It is recommended that they are younger than 21 during first application.
- First degree ascendants (parents) of the applicant or of the spouse, provided they are financially dependent or above the retirement age set by the Portuguese government.
- Minor siblings, under the custody of the applicant by order of a legal decision by the relevant authorities of the country of origin, if such order is recognized in Portugal.
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- Life partner, who has sufficient proof of living together with the applicant for at least 2 years.
- Minor, single or incapacitated children, including children who have been adopted by the life partner who has been given legal custody over those children.
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