What is the Golden Visa Portugal?
The Portuguese Golden Visa programme offers a fast track to non-EU citizens to obtain a temporary residency permit in Portugal, a visa-free in the Schengen space (26 EU countries), and after five years apply for citizenship in exchange for an eligible investment in Portugal.
What is an eligible Investment?
Applicants may qualify for the “Golden Visa” via one of the following investments:
1. Real Estate
Type | Minimum |
---|---|
Any real estate | €500,000 |
Real estate whose construction dates back to more than 30 years or located in an urban regeneration area | €350,000 |
2. Capital Tranfer
Type | Minimum |
---|---|
Transfer of capital | €1,000,000 |
Transfer of capital aimed at developing and enhancing research activities | €350,000 |
Transfer of capital aimed at the investment or support of artistic production, recovery or maintenance of national cultural heritage | €250,000 |
A transfer of capital for the acquisition investment funds’ units or venture capital funds dedicated to the capitalization of companies and incorporated under Portuguese law | €350,000 |
3. Job Creation
Type | Minimum |
---|---|
Jobs created | 10 |
Capital transfer for incorporation of a commercial society with head office in Portugal combined with the creation of permanent working jobs | €350,000 5 jobs (3 years) |
Transfer of capital aimed at the investment or support of artistic production, recovery or maintenance of national cultural heritage | €250,000 |
Capital transfer for the reinforcement of the share capital of an already incorporated commercial society with head office in Portugal combined with the creation/maintenance of working jobsd to the capitalization of companies and incorporated under Portuguese law | €350,000 5 jobs (3 years) |
The minimum investment amounts may be reduced by 20% when the investment is carried out in low density Portuguese territory.
Investment must be maintained for a minimum period of 5 years.
What are the main advantages of the Portuguese Golden Visa?
Among other, the main advantages are:
Visa exemption to enter in Portugal and to travel in the Schengen area (26 EU countries).
Live and work in Portugal – a safe and stable country with an excellent and affordable quality of life (check the Quality of Life Index), good healthcare and education options, good communication infrastructures, well-connected airports, a rich history, culture and heritage and an educated and english-speaking population.
Flexible conditions of stay with a minimum mandatory stay in Portugal of seven days in the first year and fourteen in the following years.
Option to apply to the Non-Habitual tax Resident (NHR) scheme – a competitive tax scheme that allows you to pay little or no taxes.
Family reunification (spouse, minor children, children over 18 who are studying and are financially dependent on the applicant and parents who are financially dependent on the applicant).
Possibility to apply for permanent residence after completing 5 years and comply with the other requirements.
Possibility to apply for Portuguese (hence EU) citizenship provided that he/she has legally resided in Portugal for at least 6 years and comply with the other requirements. Once you become a citizen, you can live and work anywhere in the EU/EEA and get the world’s 4th best passport for nomads and global citizens.
The program is NOT blacklisted by the OECD, unlike many other Golden Visa programs.
What are the main advantages of the Portuguese Golden Visa?
Among other, the main advantages are:
Visa exemption to enter in Portugal and to travel in the Schengen area (26 EU countries).
Live and work in Portugal – a safe and stable country with an excellent and affordable quality of life (check the Quality of Life Index), good healthcare and education options, good communication infrastructures, well-connected airports, a rich history, culture and heritage and an educated and english-speaking population.
Flexible conditions of stay with a minimum mandatory stay in Portugal of seven days in the first year and fourteen in the following years.
Option to apply to the Non-Habitual tax Resident (NHR) scheme – a competitive tax scheme that allows you to pay little or no taxes.
Family reunification (spouse, minor children, children over 18 who are studying and are financially dependent on the applicant and parents who are financially dependent on the applicant).
Possibility to apply for permanent residence after completing 5 years and comply with the other requirements.
Possibility to apply for Portuguese (hence EU) citizenship provided that he/she has legally resided in Portugal for at least 6 years and comply with the other requirements. Once you become a citizen, you can live and work anywhere in the EU/EEA and get the world’s 4th best passport for nomads and global citizens.
The program is NOT blacklisted by the OECD, unlike many other Golden Visa programs.
How to prepare and apply for the Portuguese Golden Visa?
While the process isn’t very complicated, it does involve gathering a lot of documentation – both in Portugal and in your country of origin. It will be beneficial to work with a trustful native Portuguese speaker if you don’t already know the language.
The steps for the initial application may look (depending on each particular situation) something like this:
1. Get a Portuguese taxpayer number (NIF) as non-resident and open a local bank account.
2. Identify and make your investment.
3. Gather all required documentation from your country of origin (at most three months before submitting your application) and have it all legalized and translated into Portuguese. Gather necessary documentation in Portugal.
4. Fill out and submit the application for the Golden Visa and pay the processing fee.
5. Wait for SEF’s (Portuguese Immigration and Border Service) preliminary approval.
6. Pick a date, time, and place where you will meet in person for your biometrics appointment. Bring along the originals of the documentation that was submitted with the application to your in-person appointment.
7. Wait for final approval (3 months by law after step 4.) and get your residence card (within 4 to 8 weeks after final approval).
How to prepare and apply for the Portuguese Golden Visa?
While the process isn’t very complicated, it does involve gathering a lot of documentation – both in Portugal and in your country of origin. It will be beneficial to work with a trustful native Portuguese speaker if you don’t already know the language.
The steps for the initial application may look (depending on each particular situation) something like this:
1. Get a Portuguese taxpayer number (NIF) as non-resident and open a local bank account.
2. Identify and make your investment.
3. Gather all required documentation from your country of origin (at most three months before submitting your application) and have it all legalized and translated into Portuguese. Gather necessary documentation in Portugal.
4. Fill out and submit the application for the Golden Visa and pay the processing fee.
5. Wait for SEF’s (Portuguese Immigration and Border Service) preliminary approval.
6. Pick a date, time, and place where you will meet in person for your biometrics appointment. Bring along the originals of the documentation that was submitted with the application to your in-person appointment.
7. Wait for final approval (3 months by law after step 4.) and get your residence card (within 4 to 8 weeks after final approval).
How can we help?
Analysis and identification of the necessary procedures for the chosen investment to apply for the Golden Visa.
Tax optimization.
Assistance with the preparation of the documentation and application for the Golden Visa of the principal applicant and family and follow up until the acquisition of the Golden Visa.
Tax Registration / Non-Habitual Residents Registration.
Preparation and filing of any Portuguese tax return (including a tax estimate) and related compliance.
How can we help?
Analysis and identification of the necessary procedures for the chosen investment to apply for the Golden Visa.
Tax optimization.
Assistance with the preparation of the documentation and application for the Golden Visa of the principal applicant and family and follow up until the acquisition of the Golden Visa.
Tax Registration / Non-Habitual Residents Registration.
Preparation and filing of any Portuguese tax return (including a tax estimate) and related compliance.
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how can we help?
We walk by your side to make the difference.