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
Portuguese Permanent Residency extends to the family of the main applicant including spouse, parents above the age of 65 and all unmarried children under the age of 18. In addition, parents under the age of 65 and unmarried children above 18 years may join as well if they can prove financial dependency on the main applicant. The applicant can make an investment in any one of the options below for 5 years:
/ €250,000 – towards artistic production or preserving national cultural heritage
/ €280,000 or €350,000 Euros for an investment in rehabilitation of ancestral real estate properties into hospitality projects
/ €500,000 – for the acquisition of units of investment funds or venture capital funds
/ €500,000 – investment into residential real estate in areas with low population density in Portugal or commercial real estate in Portugal
/ €1.5 million – to a Portuguese local bank account as a deposit