Portugal Golden Visa Program
The Portugal Golden Visa program offers non-EU investors the opportunity to reside, work, and study in Portugal by either donating a minimum EUR 250,000 or investing a minimum of EUR 500,000. Through this program, applicants can qualify for permanent residency or citizenship after 5 years.
Portugal Golden Visa Program Benefits
Residency and Family Inclusion
- Member of the Schengen Area and the EU
Dependents included:
- Spouse or common law partner.
- Dependent children; and
- Parents.
Travel and Quality of Life
- Right to live, work and study in Portugal.
- High standard of education and healthcare system.
- Visa-free travel within the Schengen Area.
Ease of Access
- Short physical residency requirement.
- No language, education or management requirements.
- Pathways to obtaining Permanent Residency and Citizenship in Portugal after 5 years.
Portugal Golden Visa Program Requirements
- Be over 18 years of age and a Non-EU/EEA Citizen.
- Make a qualifying investment in Portugal using funds from abroad.
- Hold the investment for a minimum of 5 years after issue of residence permit.
- Have no debt to Portuguese authorities.
- Have a clean criminal record.
- Have private health insurance.
- Not have entered or stayed illegally in Portugal.
- Obtain a tax identification number and open a bank account in Portugal.
- Must meet residency requirements in Portugal of an average of seven days a year. (or 14 days every 2 years), with at least 7 days in the first year.
- Russian / Belarusian not eligible.
Portugal Residency Investment Visa Options
Investment or Venture Capital Fund
Invest a minimum of EUR 500,000 into a Portuguese Investment Fund or Venture Capital Fund:
- Maturity of at least 5 years.
- Minimum 60% of the investments realized in commercial companies headquartered in Portugal.
Donation
EUR 250,000 Donation by way of capital transfer which is applied in investment or support to artistic production, recovery or maintenance of the national cultural heritage, through qualified public entities or private foundations with public utility status.
Portugal Golden Visa Program Process
Processing Time : To be Announced
Due Diligence And Application
- Obtain a tax identification number in Portugal.
- Open bank account in Portugal.
- Complete the qualifying investment.
- Meet all application documentation requirements.
- Submit application to Portugal border agency now known as the Agency for Integration, Migration and Asylum (AIMA).
Approval And Investment
Upon approval, the applicant must visit Portugal for biometric submission before the residence permit issuance.
Residency
- The applicant receives the Portugal Golden Visa.
- The residence permit is valid for a period 2 years, renewable every 2 years subject to conditions.
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Frequently Asked Questions
What is the Portugal Golden Visa?
The Portugal Golden Visa grants non-EU citizens residency through qualifying investments, allowing them to live in Portugal.
Do family members of the applicant also benefit from the Portugal Golden Visa?
The Golden Visa extends to the investor’s spouse, dependent children, and financially dependent parents or siblings.
How long is the Portugal Golden Visa valid?
Initially valid for two years, the Portugal Golden Visa can be renewed every two years if the investment is maintained.
Is there a language requirement to apply for the Portugal Golden Visa?
Applying for the Golden Visa does not require proficiency in Portuguese; this is only needed for permanent residency or citizenship.
Are there any residency requirements for the Portugal Golden Visa?
Golden Visa holders must spend an average of seven days per year in Portugal to meet residency requirements.
What are the investment requirements for the Portugal Golden Visa?
Investment options include a minimum of €500,000 in a Portuguese investment fund or a €250,000 donation.
What are the renewal requirements for the Portugal Golden Visa?
To renew the Golden Visa, investors and dependents must keep the investment and meet initial visa conditions.
Can holders of the Portugal Golden Visa work in Portugal?
Golden Visa holders are permitted to work in Portugal.
With the Portugal Golden Visa, which countries can the holder visit without a visa?
Golden Visa holders can travel visa-free within the Schengen Area for up to 90 days in any 180-day period.
Is a visit to Portugal required for applicants of the Golden Visa?
Applicants must visit Portugal for biometrics after pre-approval and fulfill a minimum stay requirement annually.
How long must the investor maintain their investment in Portugal?
Investors should maintain their qualifying investment for at least five years to qualify for permanent residency or citizenship.
Can investors make additional investments in Portugal beyond the qualifying investment for the Golden Visa?
Golden Visa holders are free to make additional investments or acquisitions in Portugal.
Can holders of the Portugal Golden Visa apply for permanent residency?
Permanent residence is available to Golden Visa holders after five years if minimum stay and other conditions are met.
Does Portugal allow dual citizenship?
Portugal permits dual citizenship.