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Portugal Golden Visa

Settle in Portugal: Secure Your Residency or Citizenship and Start Living Your Dream!

What is Portugal’s Golden Visa?

The Portugal Golden Visa  allows non-EU people to become Portuguese residents by making certain investments in business, real estate, or government equities. As of January 2024, there are few real estate possibilities to select from. However, investing in government bonds remains an excellent option. The visa process begins on the day of entrance, making it simpler to become a citizen swiftly. It is also considered a viable option for living and working in Europe.

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Benefits of Portugal’s Golden Visa 

Access to the European Union: Via the Golden Visa, Portugal and the rest of the Schengen countries may be accessed, with free entry to 27 European countries.
Path to Citizenship: The investors can acquire Portuguese citizenship after 5 years of residency without having to stay there all the time.
Family Inclusion: Family members of an investor may be included in visa applications, including children, spouses, and parents.
The main advantages of living: Portugal indeed has quite a high standard of living, an excellent Healthcare, and a sound educational system.
Stable Economy: The economy of Portugal is stable, and its strong sectors like tourism, technology, and renewable energy offer investment opportunities.
Other Tax Benefits: Portugal also tops the list regarding various tax benefits such as the Non-Habitual Resident(NHR) visa, with foreigners benefiting the most.
Real Estate investment opportunities: Upon acquiring property, a foreigner may certainly apply for residency granting them permission to stay in Portugal, which they may choose to own from urban properties in the bigger cities to those outside it.
Low Cost Of Living: Compared to other European countries, Portugal should be somewhat less costly in living setups, thus an attraction to families and retirees.

Qualifying Requirements

Investment

Make a qualifying investment, such as purchasing real estate (minimum €500,000), investing in government bonds (€500,000), or contributing to a Portuguese business or fund.

Clean Criminal Record

Applicants must have no criminal record in their home country or Portugal.

Minimum Stay Requirement

Investors must spend at least 7 days per year in Portugal, or 14 days every two years.

Health Insurance

Applicants must have valid health insurance coverage in Portugal.

Legal Residence

Applicants must maintain legal residence in Portugal during the duration of the visa.

Our Process

  • Stage I

    Investment and Temporary Residence 

    Duration: 1-2 Months

    1. 1. Stay in the Embassy/Portugal: Make a trip to either the Portuguese embassy or Portugal, where you will need to proceed to have the necessary documents attested.
    2. 2. Investment Steps: Get a fiscal number, open a bank account, set aside the required finances for investment.
    3. 3. Online Application: Complete the online application via a law firm under power of attorney.
    4. 4. Collection of Biometric Data: The biometric collection will happen in Portugal after online approval (allow 2 working days).

  • Stage II

    Temporary Residence 

    Duration: 3-4 Months

    1. 5. Application to be submitted to SEF: Submit the application to the SEF (Foreigners and Borders Service) for processing.

  • Stage III

    Visa Interview and Green Card Issuance

    1. 6. Temporary Resident Permit Renewal: Renew temporary residence once at the end of Year 1 and Year 3.
    2. 7. Permanent Residence or Chambers of Commerce and Secretarial Services: Being eligible by fulfilling all requirements, apply for permanent residence or citizenship after the fulfillment of 5 years.

Investment Options

Company Creation

Create a minimum of 10 full-time jobs in a Portuguese business you own (€500,000 minimum investment).

Low-Density Area Business

In low-density areas, create 8 full-time jobs in a business you own.

Existing Business Investment

Invest €500,000 in an existing Portuguese business, creating at least 5 full-time jobs for 3 years.

Donation

Invest €250,000 in preserving national heritage or €500,000 in research and development in Portugal.

Frequently Asked Questions

Looking for Top Investment Immigration Consultants for Portugal?

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Dhananjaysinh Chudasama
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Disclaimer

The above timeline is an estimate provided for information purpose only based on experiences with past clients. Processing time and costs will vary depending on a number of factors. MyRCBI™ is not responsible for any changes to the estimations above; we can provide specific time and cost estimates on an individual basis.

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