Portugal is known for its amazing mild weather, more than 3000 hours of sunshine, radiant culture, as well as its rich and well preserved historical heritage. The country provides one of the best and most successful residence visa programmes in Europe. The rewarded Portuguese Golden Visa Programme provides the right to legal residency right in Portugal, as well as the opportunity to acquire Portuguese Citizenship after five years. The country has lower corporate and personal income tax regimes than other European nations, a fast processing time for applications, secure compliance and low processing fees. The Golden Visa Programme provides a clear route to a high quality life-style and pricipally, an European passport with visa-free access to up 185 countries worldwide.
Benefits of Portugal Residency Program
- The right to live and work in Portugal
- Temporary residency visa converted, after 5 years, to permanent residency and subsequently Portuguese citizenship
- Includes immediate family members, such as spouse or partner, dependent children and dependent parents.
- Only visit of 7 days per year is required (which increases to 14 days per year after the second year of the visa)
- Current citizenship not affected
- Varied investment options from Real Estate to Start-up Businesses
Investment Options:
A Portugal Golden Visa can be obtained as the resut of two investment operations:
· Property market investment (minimum amount of €350,000)
·
Business or Venture Capital Fund investment (minimum amount €350,000)
PORTUGAL GOLDEN VISA REQUIREMENTS
Qualifications
Portugal’s Golden Resident Permit Programme is offered in accordance with the Ministry of Foreign Affairs through the Department of Consular Affairs and the Portuguese Trade and Investment Agency (AICEP).
It is aimed at attracting foreign direct investments to the country, the programme grants, after 5 years, a permanent residency permit in Portugal to non-EU investors who undertake one of the investment options referred to and meet the following requirements:
· Provide proof that investment funds originate from abroad.
· Have no criminal record.
· The main applicant’s property must not be frozen within the boundaries of the EU.
· Must pay application and processing fees where applicable.
· Must enter Portugal initially on a valid Schengen visa.
·
Meet
or exceed the minimum stay requirements. (Seven days for the first year, 14
days for subsequent two-year periods.)
Please contact us for more detailed information.