Table of Contents
Portugal Golden Visa
Benefits
Residency Flexibility
With the Portugal Golden Visa, meeting the residency requirements is simple. You’re only required to stay in the country for a total of 14 days every two years, averaging just 7 days annually. This allows investors to maintain flexibility while enjoying the benefits of residency.
Family Integration
The Portugal Golden Visa extends its benefits to your loved ones. Your spouse, dependent children, and even senior parents can be included in the program, ensuring your family enjoys the same privileges and opportunities.
Pathway to Citizenship
One of the most appealing features of the Portugal Golden Visa is its pathway to citizenship or permanent residency. After maintaining your investment and meeting the residency requirements for five years, you become eligible to apply for Portuguese citizenship, opening doors to European citizenship.
Safety and Stability
Portugal stands as the 7th safest country globally, offering peace of mind for you and your family. With a reputation for political stability and low crime rates, it’s a secure place to live, work, and invest.
Access to Public Services
Golden Visa holders benefit from Portugal’s public healthcare and education systems. These services are well-regarded globally for their quality and accessibility, adding significant value for families and individuals.
EU Residency Benefits
With Portuguese citizenship, you gain the right to live, work, and study in any European Union country. This unparalleled mobility enhances professional, educational, and personal opportunities, making the Portugal Golden Visa a truly transformative investment.
Portugal Golden Visa Requirements
To qualify for the Portugal Golden Visa, applicants must meet specific eligibility criteria that ensure compliance with program guidelines and demonstrate commitment to investment.
These requirements include:
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Non-EU, EEA, or Swiss Nationality: The program is exclusively available to individuals who do not hold citizenship in the EU, EEA, or Switzerland.
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Minimum Age of 18 Years: Applicants must be legal adults to participate.
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Clean Criminal Record: Proof of a clean criminal history is essential, ensuring the integrity of the program.
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Qualifying Investment: Candidates must make a significant investment in one of the approved categories, such as venture capital funds, cultural projects, or job creation.
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Five-Year Investment Commitment: The investment must be maintained for at least five years to fulfill program obligations.
Golden Visa Application Process
The Portugal Golden Visa application process is designed to be straightforward and efficient. Applicants are required to submit personal documents and investment-related records through the Agency for Integration, Migration, and Asylum (AIMA). The process is supported by clear guidelines, ensuring a seamless experience for those pursuing residency.
With its accessible pathway to European residency, the Portugal Golden Visa combines flexibility with long-term benefits, making it an attractive choice for international investors.
Portugal Golden Visa Application: Procedures
The process of applying for the Portugal Golden Visa has been streamlined to ensure clarity and efficiency. Here’s a step-by-step guide to help you navigate each stage of the application:
1. Initial Consultation
Schedule an appointment with our expert team to discuss your specific circumstances. Together, we’ll define a tailored roadmap to guide you through the process effectively.
2. Explore Investment Options
Our team will present a range of qualifying investment options that align with your financial goals and residency objectives.
3. Preliminary Steps: Personal Documentation
We’ll assist you in gathering all necessary documentation, including:
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Opening a Portuguese bank account.
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Applying for a Portuguese Tax Identification Number (NIF).
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Ensuring all legal documents are certified and prepared for submission in collaboration with legal professionals.
4. Preliminary Steps: Bank Account and NIF
We’ll connect you with a reliable bank manager for opening your account and guide you through the process of obtaining your NIF, a crucial step for financial and legal transactions in Portugal.
5. Make the Investment
Once your funds are transferred to your Portuguese bank account, you can proceed with your chosen investment. The specifics may vary depending on your selected investment category.
6. Submit the Online Application
Our partnered legal team will handle the submission of your application through the AIMA portal, ensuring all required documents are included. At this stage, you’ll pay the government analysis fee.
7. Biometrics Appointment
After initial approval from the Portuguese authorities, an appointment will be arranged to collect your biometric data, including fingerprints and photographs.
8. Approval and Residence Cards
Once your application is fully approved:
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Pay the card issuance fee to the government.
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We will collect your residence cards on your behalf and deliver them to you, ensuring you’re ready to enjoy the benefits of your Portugal Golden Visa.
Portugal Golden Visa Application: Preliminary Steps
Before progressing with your Portugal Golden Visa application, certain foundational steps must be completed to ensure a smooth and efficient process. Here’s what you need to do:
1. Obtain a Portuguese Tax Identification Number (NIF)
The NIF (Número de Identificação Fiscal) is a unique tax number essential for all financial and legal transactions in Portugal. This number is required for tasks such as opening a bank account, signing contracts, and making investments.
2. Open a Portuguese Bank Account
A Portuguese bank account is mandatory for managing and transferring investment funds. This account will serve as the financial hub for all transactions related to your Golden Visa application and chosen investment.
3. Prepare for Your Investment
Ensure all prerequisites for your selected investment option are in place. This may include:
Verifying compliance with investment regulations.
Preparing necessary documentation for property acquisition, fund transfers, or other qualifying investments.
Consulting with professionals to finalize legal and financial arrangements.
By completing these steps in advance, you set a solid foundation for a seamless Golden Visa application process.
Portugal Golden Visa:
Online Application
Involves submitting your application through the AIMA (Agency for Integration, Migration and Asylum) platform. This step requires a precise collection of supporting documents.
Complete Copy of Passport:
A comprehensive copy of your valid passport is mandatory for identification.
Portuguese Tax Identification Number (NIF):
Proof of obtaining a tax number issued in Portugal.
Criminal Records:
Criminal background certificates from your country of origin or residence in the past year.
Tax Identification Evidence:
Documentation proving tax identification or equivalent status in your country of origin, current residence, or tax domicile.
Power of Attorney:
Authorization document allowing legal representation on your behalf.
Debt Clearance Certificates:
Written declarations confirming no outstanding debts with Portuguese tax authorities or social security.
Comprehensive Guide to the Portugal Golden Visa Program 2024
Download the full guide to gain in-depth insights into the Portugal Golden Visa Program.
Portugal Golden Visa:
Investment Options
The Portugal Golden Visa program offers a range of investment avenues, allowing applicants to choose options that align with their financial goals and personal interests.
Below are the approved investment categories:
1. Investment Funds
Invest a minimum of €500,000 in Portuguese Investment Funds or Venture Capital Funds. These funds typically focus on sectors like real estate, technology, or small- and medium-sized enterprises (SMEs), offering a promising combination of returns and residency benefits.
2. Research and Innovation
Support scientific advancement by transferring at least €500,000 to public or private research institutions. These investments foster innovation in areas such as renewable energy, biotechnology, and digital transformation, contributing to Portugal’s national progress.
3. Cultural and Heritage Contributions
Contribute a minimum of €250,000 to initiatives that preserve Portugal's rich cultural and historical heritage. This may include funding artistic productions, museum renovations, or safeguarding UNESCO World Heritage sites.
4. Creation of Job Opportunities
Generate 10 full-time jobs in Portugal by starting or expanding a business. This option directly supports the local economy and promotes sustainable employment.
Why These Options Stand Out
These diverse investment opportunities not only pave the way for Golden Visa residency but also allow participants to contribute to Portugal’s economy and society in meaningful ways. Each option is designed to cater to varying investor preferences, ensuring flexibility and impact.
Portuguese Citizenship by Investment
One of the most attractive features of the Portugal Golden Visa program is its pathway to Portuguese citizenship. After five years, investors and their eligible family members can apply for citizenship through naturalization, unlocking the full benefits of being a European citizen.
Key Requirements for Citizenship
To apply for Portuguese citizenship, applicants must meet the following conditions:
Five Years of Legal Residency
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Maintain legal residency in Portugal for a minimum of five years. This requirement is fulfilled by adhering to the Golden Visa program’s stay criteria (14 days every two years).
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Residency must be validated by the Agency for Integration, Migration, and Asylum (AIMA).
Basic Portuguese Language Proficiency
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Demonstrate an A2 level of Portuguese, equivalent to a basic understanding of the language.
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Applicants can achieve this through formal language courses or standardized tests offered by recognized institutions.
Proof of Connection to Portugal
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Show tangible ties to the country, such as participation in cultural, social, or economic activities.
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Examples include property ownership, professional engagements, or long-term residence.
Clean Criminal Record
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Submit a certificate confirming no criminal convictions in Portugal or other countries of residence during the eligibility period.
Why Citizenship Is Worth Pursuing
Acquiring Portuguese citizenship grants you a Portuguese passport, enabling:
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Visa-free travel to over 180 countries.
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The right to live, work, and study in any EU country.
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Access to Portugal's healthcare and social benefits without investment maintenance.
Begin Your Journey to Citizenship
The Golden Visa not only provides immediate residency benefits but also ensures a secure route to European citizenship, offering peace of mind and a legacy for future generations.
Portuguese Citizenship by Investment Application
Becoming a Portuguese citizen through the Golden Visa program is a step-by-step process designed to reward long-term commitment to the country. Here’s an outline to guide you through each phase:
1. Qualify for the Golden Visa
Begin by meeting the eligibility requirements for the Portugal Golden Visa, which include:
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Making a qualifying investment, such as investment in funds or job creation.
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Ensuring compliance with all residency and financial prerequisites.
2. Apply for the Golden Visa
Submit your application with the necessary documentation, which includes:
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Proof of investment.
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A clean criminal record certificate.
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Health insurance coverage for Portugal.
3. Obtain a Temporary Residence Permit
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Upon approval, you will receive a temporary residence permit valid for two years.
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This permit can be renewed for additional two-year periods.
4. Maintain Your Investment
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Maintain your chosen investment for at least five years from the date of your application.
5. Meet the Minimum Stay Requirements
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During the five-year period, fulfill the program’s residency conditions:
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7 days in Portugal during the first year.
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14 days every two years thereafter.
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6. Apply for Permanent Residence
After completing five years of temporary residency, you may apply for permanent residence by:
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Demonstrating ties to Portugal, such as property ownership or active involvement in the community.
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Achieving an A2-level proficiency in Portuguese.
7. Apply for Citizenship
Once you have held permanent residency for at least one year, you can apply for Portuguese citizenship by:
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Passing a basic Portuguese language test.
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Demonstrating connections to the Portuguese community.
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Providing a clean criminal record.
8. Citizenship Approval
Upon successful application, you will gain full Portuguese citizenship, which offers:
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A Portuguese passport with visa-free travel to over 180 countries.
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The right to live, work, and study anywhere in the European Union.
Why Work With Experts
Navigating the citizenship process involves legal and bureaucratic complexities. Seeking guidance from experienced professionals ensures a seamless experience, from the initial Golden Visa application to gaining Portuguese citizenship.
Portugal Golden Visa Advantages: Family
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Portugal Golden Visa framework allows for the application of direct family members under one single investment
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Portugal ranks as the 7th safest country in the world.
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High quality of life, with affordable cost of living.
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Great work and life balance.
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Healthy living and eating.
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Pronounced international schools.
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Average of more than 300 sunny days a year.
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Visa-free travel in the Schengen area.
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The Portuguese Atlantic coastline is filled with sandy beaches.
Portugal Golden Visa Advantages: Business
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Portugal has an attractive business environment for entrepreneurs in all business fields.
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Capital efficiency mindset.
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Welcoming towards foreign investors and employees.
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Knowledgeable workforce, young, brilliant, and energetic.
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Diverse Workforce: The workforce includes a mix of skilled professionals and tradespeople, all suitable for a variety of industries.
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Lower costs compared to other European countries, which serves as an advantage for start-ups and other new businesses.
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English is widely spoken.
Portugal Golden Visa Advantages: Demographics
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Population of 10.28 million.
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Portugal is one of the EU Schengen Area countries.
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Azores and Madeira Islands.
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Proximity to some of the most important markets in the EU.
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Great trade relations with Africa, Brazil, and the USA.
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A thriving expat community, creating a supportive environment for newcomers and their families.
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Diverse Workforce: The workforce includes a mix of skilled professionals and tradespeople, all suitable for a various industries.
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Stable Political Environment: Portugal's stability ensures long-term security and predictability for both residents and businesses.
Portugal Golden Visa Program FAQ: Everything you need to know
What's the Portugal Golden Visa?
Portugal Golden Visa, or Residence Permit for Investment, is a program that fast-tracks Portuguese residency in exchange for an eligible investment.
The Portuguese golden visa grants its holders a temporary residence permit for up to 5 years, after which investors can apply for a permanent residence permit or citizenship.
Is Portugal ending its Golden Visa Program?
Portugal is not ending the Golden Visa program but restructuring it. The Portuguese government intends to remove real estate investments from the program but keep it in place for other types of investments, such as venture capital, investment funds, cultural heritage, scientific research, and direct business investment that creates jobs.
Which is better, the D7 or the Portugal Golden Visa?
The D7 and Golden Visa Portugal are Residence By Investment Programs offering different benefits and requirements. The best option for you will depend on your circumstances and goals.
The D7 visa is a passive income visa that allows you to live in Portugal if you can prove that you have a regular passive income of at least €8,460 per year. You are not required to make any investment, but you must reside in Portugal.
Your financial situation: The D7 visa is a good option if you have a regular passive income. The Golden Visa is a good option if you have the financial resources to invest significantly.
Your goals: If you plan to live in Portugal permanently, the D7 visa is a good option. The Golden Visa is a good option if you are unsure how long you will stay in Portugal.
You should consult us if you are unsure which program is right for you.
Which Golden Visa is better, Spain or Portugal?
The Spain and Portugal Golden Visas are both famous Residency by Investment Programs, but two characteristics stand out:
Spain Golden Visa requires a HIGHER minimum investment than the Portugal Golden Visa. If you are unsure how long you will stay in Spain or Portugal, the Portugal Golden Visa is a better option because it has a more flexible residency requirement.
You may also read our article "European Golden Visas Comparison: Portugal x Spain x Greece" to learn more about these Golden Visa Programs.
Why is Portugal Golden Visa the best Golden Visa in Europe?
We believe the Portugal Golden Visa is the best in Europe because of its low minimum investment requirement, very flexible residency requirements, and attractive lifestyle.
Can I live in Spain with a Portugal Golden Visa?
A Portugal Golden Visa entitles you to live in any other EU country, including Spain.
What are the Portugal Golden Visa minimum stay requirements?
Portugal Golden Visa Program minimum stay requirement is 14 days in Portugal for each two years.
What are the Portugal Golden Visa tax benefits (aka Non-Habitual Resident or NHR Program)?
With a Portugal Golden Visa, you may have access to the Non-Habitual Resident (NHR) Program under specific conditions. However, the NHR regime was revoked starting January 1, 2024, with transitional provisions. If you became a tax resident in Portugal before the end of 2023 or fulfill specific transitional criteria (such as agreements or commitments made before December 31, 2023), you may still apply for or benefit from the program.
The NHR offered several tax benefits, including reduced tax rates and exemptions on certain foreign-sourced income, for up to 10 years. Please consult us for current eligibility and benefits.
Is it possible to acquire a Portuguese Golden Visa with a mortgage?
No, a Portugal Golden Visa requires that you transfer the required minimum investment amount into a Portuguese bank account.
Does Portugal's Golden Visa Lead to Citizenship?
Yes. After five years of applying for a Portugal Golden Visa, you can apply for a Permanent Residence Permit or Citizenship, which mitigates the impact of any administrative delays that may occur in the residency application process.
What changes with Portuguese Citizenship?
With citizenship, you receive a Portuguese passport without having to maintain your investment, which makes you a permanent Portuguese citizen and, therefore, a European citizen, granting visa-free access to 134 countries worldwide.
Portugal Golden Visa:
Insights & Trends
Impressive Growth in Investments
Initial Success: The program's launch in 2012 was a strategic move to attract international capital. Within the first few years, it showed remarkable success.
Resilience During Global Challenges: Despite global economic challenges, such as the COVID-19 pandemic, the program maintained strong investment inflows, with significant amounts invested even during the most uncertain times.
Diversification of Investor Base
Early Dominance by Specific Nationalities: Initially, certain nationalities, like Chinese investors, were predominant. This showed the program's international appeal.
Broadening Appeal: Over time, the investor base diversified significantly, attracting applicants from various countries, including Brazil, the USA, South Africa, and Turkey. This trend signifies the program's growing global reputation and trustworthiness.
Continuous Adaptation and Improvement
Program Adjustments for Enhanced Attractiveness: The program has evolved, adapting to new investment trends and changing economic landscapes. For instance, the shift in investment options in 2023, moving away from real estate to other investment forms, demonstrates its flexibility and responsiveness to market needs.
Robust Investment Returns
Consistent High Performance: The total investment amount, which runs into billions of euros, showcases the program's solid performance and substantial impact on the Portuguese economy.
Benefits for Investors
Attractive Advantages: The program offers numerous benefits, such as visa-free access to the Schengen area, the potential for citizenship within five to six years, and a high quality of life in Portugal.
Diverse Investment Options: The variety of investment options, from real estate to Investment Funds, provides flexibility and choice to investors, catering to different investment appetites and objectives.
Promising Future Outlook
Global Recognition: The program's recognition as one of the best residency-by-investment programs worldwide indicates its future solid potential.
Investor Confidence: The steady increase in the number of applicants and the diversity of their nationalities reflects growing confidence in the program's stability and benefits.
In Summary
the Portugal Golden Visa program's journey from its inception to its current status demonstrates a successful, adaptable, and robust investment opportunity.
Its ability to attract a diverse and growing pool of international investors, combined with significant economic contributions and evolving investment avenues, makes it an attractive proposition for potential investors looking for a secure and fruitful investment with the added benefit of residency and, eventually, citizenship in Portugal.
Ready to apply for the Portugal Golden Visa? Get expert guidance on the next steps.
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