Portugal Residency Program

Portugal, officially the Portuguese Republic, is a sovereign state located on the Iberian Peninsula in southwestern Europe. It is the westernmost country of mainland Europe. To the west and south it is bordered by the Atlantic Ocean and to the east and north by Spain.  The republic also includes the Atlantic archipelagos of the Azores and Madeira, both autonomous regions with their own regional governments.

 

Portugal is a developed country with a high-income advanced economy and a high living standard. It is the 5th most peaceful country in the world, maintaining a unitary semi-presidential republican form of government.  A founding member of NATO, it is also a member of numerous other international organizations, including the United Nations, the European Union, the eurozone, and the OECD.

About the Golden Residence Permit Program

Applicants to the Portuguese Golden Visa program may choose among the following investment options in order to qualify for residence status:

Real Estate

Investors who opt to make a real estate investment must purchase residential, commercial, or agricultural real estate worth a minimum of EUR500,000, except in such cases as when the property in question is more than 30 years old or is located in a government-designated area of urban rehabilitation, in which case EUR350,000 is sufficient.

Job Creation

Applicants that can demonstrate that they have directly created 10 permanent positions of employment in Portugal are eligible for the Golden Visa.

Capital Transfer

Under the Capital Transfer investment option, the capital requirement varies according to the manner in which the invested capital is employed.

The program requires EUR 1 million if the investor transfers capital with the intention of purchasing stocks, bonds, and publicly traded securities or to simply deposit the amount in a bank account.
The program requires EUR 250,000 if the investor transfers capital applied to government-designated artistic productions and maintenance of cultural heritage.

 

The program requires EUR 350,000 if the investor transfers capital applied to government-designated technological and scientific research.

 

The program requires EUR 500,000 if the investor transfers capital applied to government-designated small and medium sized risk capital ventures.

Application Fees

The Portuguese Services of Foreigner and Borders (SEF) handle all Golden Visa applications and apply the following fees to applicants:

 

Processing Fee (applicable to the initial application and visa renewal applications):

Principal Applicant: EUR517.40

Per Dependent/family member: EUR80.60

 

Golden visa issuance fee:

Per Applicant: EUR5173.60

 

Visa renewal fee:

Per Applicant: EUR 2,586.80 

Portugal

Requirements

Investors must demonstrate, independently of whether they intend to renew their visa, that they have physically resided in Portugal for at least 7 days during the first year of holding the Golden Visa. For every two years thereafter, applicants must demonstrate physical presence in Portugal for at least 14 days during both two-year periods. Subject to the satisfaction of the abovementioned physical residence requirements, as well as maintenance of the investment, applicants are eligible for permanent resident status after five years.

 

After a year of permanent residency, investors and their families may apply for Portuguese Citizenship provided that, during the year of permanent residency, the same requirements are upheld and they can demonstrate a basic grasp of the Portuguese language.

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