Portugal, officially the Portuguese Republic, is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of the Azores and Madeira. It features the westernmost point in mainland Europe, and its Iberian portion is bordered to the west and south by the Atlantic Ocean and to the north and east by Spain, the sole country to have a land border with Portugal. Its two archipelagos form two autonomous regions with their own regional governments.
Fundamental facts about Portugal
Portugal Investment Program: Golden Visa
Population of Portugal is 10,352,042 people
Lisbon is the capital & largest city of Portugal
Portuguese is the official language
Euro is the country's currency
Portugal's form of government is unitary semi-presidential republic
Portugal is a developed country with an advanced economy and high living standards, it ranks highly in peacefulness, democracy, press freedom, stability, social progress, prosperity and English proficiency
Portugal Golden Visa Residence Permit Program offers such a great deal for investors starting from €280,000. The program has been efficiently working in benefit for both investors and the government since 2012. In such a quick process to acquire Golden Visa about 2 to 6 months is one of the benefits of the program just as how the Portuguese Golden Visa provides visa free travel to the Schengen Area and spend up to 90 days out of 180 there!
There are seven options that the government offers for Golden Visa investment program in Portugal. These options are:
- Purchasing real estate
While choosing this option you also have 4 ways to obtain Golden Visa:
- Investing €280.000 in a real estate in the process of urban rehabilitation are in low-density areas outside Lisbon-Porto
- Investing €350,000 in a property built more than 30 years ago/located in designated restoration area
- Investing €400,000 in a new real estate in low-density areas outside Lisbon-Porto
- Investing €500,000+ in a newer residential or commercial real estate which you can sell your investment in 5 years with the return of money
- Purchasing investment fund units
If you are not planning to live in Portugal, this option is the most efficient way for you to acquire a Golden Visa! In order to attract & increase capital, financial institutions aka investment funds require investors to a minimum of €500,000. You also have to hold this investment for at least 5 years. Your money is most likely to be returned in 6 - 10 years.
- Investing on research activities
You need to invest at least €500,000 for this option.
- Capital transfer
You need to transfer at least €1,500,000 for this option.
- Business investments
You need to invest at least €500,000 for this option & create at least 5 jobs.
- Opening a company
You need to create at least 10 jobs.
Differences between the Golden Visa and other residence permit types
For Golden Visa: Portuguese language proficiency test: Not required
Mandatory residing in the country: 7 days a year
Permanent residing in the country to qualify for citizenship: Not required
Rejection risk: Low
For other residence permit types: Portuguese language proficiency test: Required
Mandatory residing in the country: 183 days a year
Permanent residing in the country to qualify for citizenship: Required
Rejection risk: High
With our guidance, you will be ensured that all you need for your application to go smoothly is covered. The documents required will be formed correctly, with utmost care and attention.
Firstly, we will check if you are eligible for the application. Then, once you decide on your investment, you must collect the paperwork for yourself and any dependents you'll be including in the application. We can ensure the correct paperwork is in order, and we'll submit it for review. Then comes opening a bank account & applying process for Portugal Golden Visa program.
Making sure that all the requirements are covered is essential for an easy and quick process for the Golden Visa program so by working with an experienced consultancy will save you time & money.
Usually, the Golden Visa process takes around 4 months.