Portugal Golden Visa | Updated Rules And Complete Guide

About the Portugal golden visa program

Portugal is one of the countries that grants residency rights to third-country nationals through the Portugal Golden Visa program. This program, organized since 2012, is considered one of the best investment residency programs in the world. To date, Portugal has issued over 12,000 residency permits to applicants, generating nearly 7 billion euros in revenue.
This program allows foreigners to invest in real estate by purchasing or renting properties. Those who meet the criteria will receive the Portugal Golden Visa. The minimum investment is 500,000 euros, and the property must be maintained for five years.

Currently, the Portugal Golden Visa offers two pathways for investors to obtain residency:

1. Purchase of non-renovated real estate.

2. Purchase of real estate requiring renovation (at a relatively lower cost).

Regardless of the chosen option, all properties purchased under this program must be held for five years for Golden Visa holders to maintain their residency rights.

Time to Residency

6 to 9 months

Minimum Investment

€250.000

Type of Investment

Real Estate Investment

Visa-free Countries

Schengen countries

About Portugal

Portugal is a country located in the western part of the European continent, bordering the Atlantic Ocean, with an area of 92,212 km² and a population of 10,352,042 people. The Republic of Portugal is a member of the European Union (EU) and the United Nations, with a strong and stable economy.
Portugal's economy is robust, with key sectors including import-export, automotive, metallurgy, and electronics industries. The GDP was 251.7 billion USD, and the GDP per capita based on purchasing power was 376.1 billion USD in 2021.
Portugal is recognized as one of the leading countries in Europe for its education and healthcare systems. Portuguese universities consistently rank among the best in the world.
The healthcare system is ranked 17th globally, with an average life expectancy of 82 years. Citizens benefit from free public healthcare services, ensuring a high quality of life. Consequently, Portugal is a favored destination for immigrants worldwide who aspire to obtain citizenship.

Language

Portuguese

Currency

Euro

Total Area

92,212 km2

Capital

Lisbon

Government

Semi-presidential Republic

Population

10,196,828

Benefits of the Portugal golden visa

When holding a Portugal Golden Visa, investors and their families will enjoy the following privileges:

Enjoy benefits in EU countries, including visa-free travel to 29 countries in the Schengen area.
After 5 years, they can apply for permanent residency or Portuguese citizenship.
Have their citizen rights protected at diplomatic and consular offices by member countries when in third countries.
Live, work, study, and conduct business in Portugal.
Children can receive free education up to the end of high school at European-standard schools.
Access free healthcare services in public hospitals.

Portugal real estate investment

Foreign investors can choose one of the following three investment options to obtain a Portuguese visa:

Share Ownership: Invest a minimum of 500,000 euros to acquire shares in non-real estate organizations.
Share Ownership and Job Creation: Invest a minimum of 500,000 euros to establish a company in Portugal that creates long-term jobs.
Donations: Invest 500,000 euros in research activities and 250,000 euros in arts/rehabilitation of national heritage projects.

Portugal citizenship and citizenship ranking

According to the latest citizenship rankings (citizenship Index 2023), Portugal's citizenship is among the top 10 in the world. Ranked 4th on the list of the most powerful citizenship , the Portuguese citizenship allows visa-free access to 189 countries and territories.

Conditions for obtaining the Portugal golden visa through investment

To participate in the Portugal Golden Visa program through real estate purchase or rental investment, you must meet the following conditions:

For the Main Applicant:

Must be at least 18 years old.
Have a clean criminal record and be in good health.
Provide complete documentation proving assets and legal sources of funds.
Must not hold citizenship of an EU country.
Minimum residency requirement after obtaining the Golden Visa is 15 days, with a requirement to stay in Portugal for 7 days in the first year to maintain residency status.

For Dependents:

Must have a clean criminal record with no criminal history.
No age limit for unmarried children who are financially dependent on the main applicant (including adopted children).
Parents of the main applicant and spouse can be included in the application (if parents are under 65 years old, financial dependence on the main applicant must be proven).
Siblings under 18 years old who are financially dependent on the main applicant.

Portugal golden visa costs

Real estate investment

€500,000 or €250,000 for properties requiring renovation

Government fees for each golden visa

€5324.60

Renewal fees

€2666.30

Processing fees

€532.70 for the main applicant and €83.10 for dependents

Applying for the Portugal golden visa

Procedure to obtain the Portugal golden visa

The Portugal Golden Visa is currently a popular choice among citizens worldwide, making the approval process more competitive. Second Citizenship, a leading and trusted consultancy in Vietnam, provides clients with optimal support through a clear process.

We assist clients in preparing and organizing personal documentation and financial proof.
We provide detailed consultation on the advantages of investment options and the potential of real estate projects.
We help clients register and submit applications, monitor progress, and notify them when due diligence results are received.
Once eligibility is confirmed, we assist clients in making the desired real estate investment and completing the investment confirmation documents.
Finally, clients receive the Portugal Golden Visa after submitting proof of the completed investment.

With a team of experienced experts in global investment migration and Golden Visa programs, Second Citizenship ensures optimal handling of procedures, guiding clients to invest in high-potential projects that deliver returns. For more information on investment migration and Golden Visa programs, visit https://quoctichthuhai.com/.

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What are the investment options for the Portugal Golden Visa program?

Investment options include capital transfer to investment funds or venture capital funds, supporting scientific research, or contributing to cultural initiatives. Additionally, applicants may invest in low-density population areas, create new jobs, or establish or expand commercial enterprises in Portugal to generate or maintain employment.

What is the minimum investment amount for the Portugal Golden Visa program?

The minimum investment starts from €250,000.

What are the residency requirements for the Portugal Golden Visa program?

Participants must reside in Portugal for at least 14 days during the first two years and at least 21 days during the following three years to maintain the validity of their residence permit.