The Portugal Golden Visa is a residence-by-investment program that lets non-EU investors live, work, and study in Portugal. You qualify with one of two investments: EUR 500,000 into qualifying Portuguese investment funds, held for at least 5 years with a minimum 60% placed in commercial companies headquartered in Portugal, or a EUR 200,000 donation in low-density areas for national cultural heritage.
The first residence permit lasts 2 years and renews in 2-year periods.
Physical presence runs to an average of 7 days a year, or 14 days every two years, with at least 7 days in the first year. There is no language, education, or work experience requirement. You can include a spouse or common law partner, dependent children, dependent parents, and in some cases minor siblings and parents-in-law.
The golden visa gives visa-free travel in the Schengen Area, with pathways to permanent residency after 5 years and citizenship after 7 to 10 years under separate law. The processing timeline is 12 to 24 months.