Residency By Investment
After stopping receiving applications for the Portugal Golden Visa Program as of February 16th, 2023, the Portuguese parliament finally released the result of the final vote of the Economic and Public Works Committee, which stipulates the resumption of receiving golden visa applications again in July 2023.
The Portugal Golden visa
Options available for obtaining Portugal Golden Visa:
Investing through mutual funds.
The minimum investment is €500,000.
The investor’s contribution to scientific research
The minimum investment is €500,000.
Investing in the promotion of cultural heritage.
The minimum investment is €250,000.
Securing at least 10 job opportunities.
Commercial investment by securing at least 5 jobs.
The minimum investment is €500,000.
As for the options that are no longer available (discontinued):
Real Estate Investment
How was it to obtain a Portugal golden visa through real estate investment?
1- The investor can obtain the Portugal Golden Visa by purchasing a property with a minimum of €500,000, in important cities and modern areas with high population density, or at least €350,000 in real estate located in areas where the government encourages its development.
2- Investing in real estate renovating projects, with values varying between 280,000 euros to 500,000 euros depending on the project’s type and location. You can contact us to learn more about this option.
Capital transfer.
The minimum investment is €1,500,000.
Required Documents
Valid passport.
Three recent biometric photos.
Clear criminal record
Able to provide proof of source of funds
Bank transfer
Which proves that the user has been transferred from outside the country
Medical certificate proving that the investor is in good health
The criteria to be met by the investor
- The applicant must be over 18 years
- Non-EU- countries’ citizens
- Obtaining a valid residence visa
- Residency place
- A criminal conviction has not been punished by imprisonment in Portugal for more than a year
- Not to prevent them from re-entering Portugal after being expelled from the country
- No mark in the Schengen Information System
- No mark in the SEF for the purpose of refusing access
Advantages of Portugal Golden Visa:
- Include the spouse or children under 18 years, or above 18 years who are single & dependent financially on the main applicant
- As well as the parents of both applicants / suppose who are dependent financially on the main applicant.
- No education or management experience is required.
- No language requirements.
- No residency requirements.
- No age limitations.
- The processing takes at least 6 months.
Benefits of Obtaining Residency in Portugal
- Freedom of Entry and Mobility: You have the freedom to enter and move around Portugal and the Schengen countries.
- Residential and Employment Freedom: You are free to live and work in these regions.
- Non-Habitual Resident Status: You have the right to choose to be a “non-habitual resident.” This status can lead to tax benefits, including lower taxes or even tax exemption for up to 10 years.
- Short-Term Stays: You can stay in any country within the Schengen Area for up to three months in every six months.
- Property Investment Benefits: You can sell your property after just five years without affecting your residency status. Property appreciation rates work in favor of investors.
- Income Generation through Real Estate: You can earn income by investing in real estate.
- Access to Education and Professional Training: You have access to educational opportunities and vocational training.
- Recognition of Qualifications: Your educational certificates and professional qualifications are officially recognized.
- Professional Opportunities: You can pursue professional activities, either as an employee or as a self-employed individual.
- Healthcare Services: You have access to healthcare services.
- Social Security Benefits and Tax Advantages: You can benefit from social security perks, tax advantages, and labor union protections.
- Path to Permanent Residency: You can obtain permanent residency after five years.
- Portuguese Citizenship Eligibility: Investors become eligible to apply for Portuguese citizenship, provided they meet the following conditions:
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- Stay 7 days in the first year.
- Stay for 14 days in the second and third years.
- Stay for 14 days in the fourth and fifth years.
- Reside in Portugal for the sixth year (for more than 6 months in the year).
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*Please note that the Portugal Golden Visa does not require continuous residency, but the investor must fulfill the specified day requirements for renewal.
About Portugal
It is a perfect tourist destination due to the tranquil atmosphere, delicious food, and many interesting activities such as sports, dance, music, and bullfighting.
And don’t forget to enjoy your time out in beautiful Cascais, the historical places, beaches and plenty of traditional Portuguese restaurants to suit all tastes, In general, Portuguese prefer rural life more than urban life.
It is located in the western part of Europe. it shares land borders with only one country, Spain, besides it is surrounded by the Atlantic Ocean to the west and the south, with a total area of 92,212 km²
Estimated population of 10.3 million people
The capital of the state is Lisbon
The official language is Portuguese
The currency is the Euro €
THE MAIN STEPS OF GETTING RESIDENCY BY INVESTMENT IN PORTUGAL
The process may be simplified into the following steps:
Step1: | Signing a contract with NTL and making the first payment. |
Step2: | Preparing documents and selecting the appropriate property with the help of NTL. |
Step3: | Visit Portugal: The applicant must have the Portuguese visit stamp on his passport before applying for residency. |
Step4: | Purchasing the property, submitting the documentation of the residence permit to the government including the property title deed, paying the government processing application fees, and registering for social security. |
Step5: | When the applicant gets the approval, a meeting with the authorities is scheduled, and pay the government residency permit Fees. Clients can travel to Portugal to collect their Residency permits. |
Info & useful links about Portugal
If Portugal is your next travel destination, there are a few places we recommend you visit. Click here for more
The Portugal Golden visa program raises the queries of Hong Kong residents who are looking for alternative accommodation outside their country. In the last months of 2019. Click here for more
According to the released statistics by the Foreigners and Border Service (SEF), Portugal has gained 838 million Euros last year. Click here for more
The Golden Visa program in Portugal is one of the best Residency By Investment Programs in the world. Click here for more
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