Portugal boasts rich historical and cultural heritage spread across from white sandy beaches in Cascais to the city of seven hills, Lisbon. The country has encouraged high net worth individuals with its several avenues of potential investments in sectors like textiles, manufacturing and construction and most recently Real Estate supported by the demand of the Golden Visa.
Portugal’s passport is ranked as the 6th strongest passport in the world. The Golden Residence Permit (Golden Visa) Programme, Portugal’s residence by investment program, was established in October 2012 allowing non-EU citizens to receive a temporary EU Residence Permit in exchange for investments in Portuguese Real Estate.
- Advanced Economy
- MIN. CAPITAL INVESTMENT
- EUR 250,000
- PROCESSING TIME (APPROX.)
- 9-12 Months
Key Advantages include:
Allows free travel within the Schengen area with the Golden Visa.
Can reside in any Schengen country for up to a period of 3 months within every 6 months.
Not taxed on worldwide income if deemed a resident (spent more than 6 months in a year) of Portugal.
Can lead to Portuguese citizenship at the end of 5 years, consequently allowing visa free travel to more than 170 countries.
Citizenship once acquired – right to live, work and study in any of the 28 EU countries.
Route to Portuguese residency
The Portuguese PR extends to the spouse and children under 18 years old. However, if proven financially dependent on the main applicant, the parents and children over 18 years of the main applicant can be included in the application. The applicant can make an investment in any one of the options below for 5 years:
/ A minimum of €280,000 investment in commercial or residential real estate.
FRR offers capital preservation.
/ A capital transfer of €350,000 to investment/venture capital funds.
/ A capital transfer of €250,000 towards preserving national heritage.
A capital transfer of €1,000,000 to a Portuguese bank.