Portugal

European Residency by Investment Program

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PORTUGAL

Program Overview

Non-EU citizens can obtain an EU residence permit in exchange for an investment in the Portuguese economy. The new regulations offer non-EU citizens a quick and easy way to obtain a five-year residence permit for capital transfer or establishing a company, which could lead to citizenship.

PORTUGAL

Program Details

Time to Residency

4 – 6 Months

Visa-Free Access

All 29 Schengen Area Countries

Passport Rank

4th in the world

Minimum Investment

€250,000 EUR

Residency Requirements

7 days in 1st year and 14 days in following 2 years

Establishment Date

2013

PORTUGAL

Investment Options

The Portugal Golden Visa Program, introduced in 2012, provides a pathway to residency for non-EU nationals through significant investments in the country. This program allows applicants and their families to live, work, and study in Portugal, with the additional benefit of visa-free travel within the Schengen Area. To qualify, applicants must invest in capital transfer or establishing a company. The program aims to boost Portugal’s economy by attracting foreign investment, offering an eventual pathway to citizenship after five years of residency.

Capital Transfer

1. €500,000: Invest in an investment fund or venture capital fund focused on Portuguese companies, with a five-year commitment and at least 60% of the investment portfolio based in Portugal (excluding real estate entities).

2. €500,000: Support research activities of public or private entities in the national scientific and technological system.

4. €250,000: Support artistic production or the recovery/maintenance of national cultural heritage.

Business Establishment

1. Create at least 10 new jobs.

2. Create 8 new jobs in a low population density area.

3. €500,000: Incorporate or increase the share capital of a commercial company in Portugal, creating at least 5 permanent jobs or maintaining at least 10 jobs for a period of three years.

PORTUGAL

Country Overview

Flag

The flag consists of two vertical stripes, green symbolizing hope and red representing the revolution and the fight for independence. At the center is the national coat of arms, which includes a shield reflecting Portugal’s historic defense and global exploration.

Coat of Arms

The coat of arms features a shield with five blue shields and white dots, symbolizing Portugal’s victories over the Moors, surrounded by seven golden castles representing defense. Behind the shield is an armillary sphere, representing Portugal’s maritime history and its role in the Age of Discoveries.

Portugal is located on the Iberian Peninsula, this sunny, pleasant, and laid-back Southern European country borders Spain and has the feel of a Mediterranean country while maintaining a distinct cultural identity of its own. Portugal attracts visitors because of its unique cuisine, wine, old history, and architecture.

It’s a wonderful mix of old and new with the Gothic churches, ancient cafés, vintage trams, and the charming backstreets of Lisbon, as well as the lively outdoor coffee shops and great restaurants.

In the World Travel Awards 2020, the Algarve was named the best beach destination in Europe for the seventh time. The Algarve is the southernmost area of Portugal and one of Europe’s most popular holiday spots. The province has hot dry summers and short warm winters.

Country Capital

Lisbon

Population

10,800,000

Language

Portuguese

Currency

Euro (EUR)

Exchange Rate

1 USD = 0.9 EUR

Government Type

Unitary Semi-Presidential Constitutional Republic

PORTUGAL

Visa Free Travel List

All Schengen Area Countries:

Austria

Bulgaria

Belgium

Czechia

Croatia

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Iceland

Italy

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

Netherlands

Norway

Poland

Portugal

Romania

Slovakia

Slovenia

Spain

Sweden

Switzerland

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FAQ

Common Questions

What is the Portugal Golden Visa Program?

The Portugal Golden Visa Program is a residency-by-investment program that grants long-term residency to non-EU investors who make qualifying investments in Portugal.

Who is eligible for the Portugal Golden Visa Program?

Eligibility is open to non-EU nationals who make one of the designated qualifying investments, maintain the investment for a minimum period, and meet other residency requirements set by the Portuguese government.

What investment options are available for the Portugal Golden Visa as of 2024?

As of 2024, available investment options include a capital transfer of at least €1.5 million, the creation of a minimum of 10 jobs, investment in research activities, or contributions to arts and heritage conservation.

What are the benefits of obtaining a Portugal Golden Visa?

Benefits include the ability to live, work, and study in Portugal, visa-free travel within the Schengen Area, and a pathway to Portuguese citizenship after five years of residency.

How long does the Portugal Golden Visa application process take?

The application process typically takes between 4 to 6 months, depending on the complexity of the case and the completeness of the submitted documents.

Can family members be included in the Portugal Golden Visa application?

Yes, applicants can include their spouse, dependent children, and dependent parents in their Portugal Golden Visa application, allowing the entire family to obtain residency.

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