Golden Visa for Portugal Residency
Portugal Golden Visa program, which is another popular investment visa program in Europe, is preferred because of its cost-effectiveness, the obligation to stay for a very short time, visa-free travel opportunities and the ability to apply for citizenship at the end of 5 years.
Golden Visas issued by EU member states such as Portugal are particularly desirable, as they can ultimately lead to Citizenship and therefore access to the EU.
Benefits at a Glance
Visa-free Travel
Discover visa-free travel to hundreds of countries around the world
Citizenship for Entire Family
Your family and dependents can become citizens along with you
Flexible Terms
The terms required to become a citizen are flexible and hassle-free
No Residency Requirements
Being physically present in the country isn't required to become a citizen
Dual-Citizenship Possibility
No need to exit your current citizenship
Stable Economy
High standards of living and ideal conditions to start a business.
Tourisitic Location
Live in ideal weather and in touristic cities
World-Class Education System
Excellent academic institutions will be available to you and your family.
Citizenship Requirements
No Criminal Record
Applicants need to be clean of sanctions and other serious crimes
18 Years of Age
Main applicant must be at least 18 years old and have legal capacity to act
Source of Funds
Main applicant must be in a position to prove the source of funds
Language Test
Applicants must pass Portuguese basic language test
Visa-Free Access to the World
Gaining visitor visas to travel to Europe and the Schengen zone has become problematic from many countries in the Middle East, Asia and Africa. Once your Portugal residence permit is granted, you and your family members will enjoy visa-free travel in more than 180 countries by having one of the strongest passports in the world. Additionally, you can travel visa-free in more than 180 countries by having one of the strongest passports in the world after gaining citizenship.
Your Spouse and Children Can Become Citizens with You
If you decide to become a Portuguese citizen, you don’t need to submit separate applications with separate payments for your spouse and children. You can include any dependent within your family to your own application as long as they fit the criteria specified by the Portuguese government. Spouse, children under 26, unmarried siblings aged 18 and over, parents, and grandparents of any age of the main applicant and of the spouse can be included in your citizenship application. Your citizenship is also transferable to new spouses and future generations.
Low Investment Requirement
Although there are different investment options for the Portugal Golden Visa application, if the applicant buys a real estate which is older than 30 years old and in an urban rehabilitation area with a low population density, s/he has the opportunity to apply for the Portugal Golden Visa at a cost of only 280,000 Euros.
Extendable Residence Permit
The applicant obtains a five-year (1+2+2) residence permit. Depending on the continuation of the investment, the requirement to have spent 7 days in Portugal in the first year, 14 days in total in the second and third years, and 14 days in total in the fourth and fifth years, and the relevant cards are renewed.
At the end of five years, there are two different options that the investor can exercise:
The first of these is to obtain the right of permanent residence, provided that you spend half of the year in Portugal, within the framework of the conditions specified in the law.
The second is to apply for an additional two-year residency right to spend a total of 14 days in Portugal, and to obtain the right to apply for citizenship by passing a Portuguese language exam after completing a total of six years within the conditions.
| Investment Options | ||||
|---|---|---|---|---|
| Population Density | Real Estate | Establishing A Company | Donation | Capital Transfer |
| High Population Density |
€500,000 *€350,000 for buying or renovating real estate from an urban renewal area, |
Establish a company that will create employment for at least 10 people, |
Donating at least €250,000 to protect the national heritage, or Donating at least €500,000 to research and development activities.
|
€1,500,000 |
| Low Population Density |
€400,000 *€280,000 for buying or renovating real estate from an urban renewal area. |
Establish a company that will create employment for at least 8 people. | Same conditions are applied. | Same conditions are applied. |
BeCitizen’s expert team will assist you in choosing the right option for your custom needs. We will list properties suitable for the required investment as well as bonds and equities that fit your needs. Our team will collect the required documents and examine them for missing or risky points that might jeopardize your application.
Portugal Panorama
