Portugal

Portugal Golden Visa

From 280,000 EUR

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  • Invest in real estate minimum 280,000 EUR
  • or create at least 10 permanent jobsin Portugal
  • or invest 1,000,000 EUR in a Portuguese Financial Institution over a period of 5 years
  • or 500,000 EUR in investment funds or in venture capitalgeared for small and medium companies
  • or make an investment of 350,000 EUR in scientific research activities, or a 250,000 EUR investment in arts and culture
  • must be able to enter Portugal for the first time on the basis of a valid Schengen Visa
  • must meet the minimum stay requirement of 7 days for the first year and 14 days in subsequent years

For the detailed quote for your family structure please contact us.

Portugal Golden Visa

Portugal is a safe and stable country with an excellent and affordable quality of life, good healthcare and education options, well-connected airports, and a great climate. Portugal has been a member of the European Union since 1986 and of the Schengen Area since 1995. Portugal launched Golden Visa program in 2012.

Eligibility

Only Non-EU Applicants may apply for this program and there are no restrictions to nationalities. Health insurance is required. Eligible dependents include the spouse, dependent children and dependent parents, as well as, siblings under the care of the main applicant. Children over the age of 18 may also be considered as dependent given they are unmarried and financially dependent on the main applicant, or enrolled in an academic institution. Although there are no age restrictions for dependents, however, children lose residence status on becoming economically self-sufficient.

Benefits

Requires considerably low investment when compared to other programs. As per law amendment in 2018, applicants have a right to live in Portugal and apply for the citizenship after 5 years of residence should they wish to do so and should they comply with the requirements. The main benefits of the program include the right to travel within the Schengen Area for 3 months within 6 months period. There is a little minimum stay requirement to obtain the residency status. Program allows siblings to be included too. No age restrictions for dependents.

Minimum stay requirement

Applicants must be able to enter Portugal for the first time on the basis of a valid Schengen Visa, and must then meet the minimum stay requirement of 7 days for the first year and 14 days in subsequent years. However, those willing to apply for the citizenship will be required to reside at least 183 days within a year for at least 5 years.

Language test

Language test is not required when applying for Portugal Golden Visa. However, should you wish to apply for the citizenship after 5 years of residency, you will be asked to sit for the Portuguese language test, which needs to be passed at the A2 level.

Process

The process of becoming a resident under Portugal Golden Visa program takes around 6-12 months. After 5 years of residency in Portugal and complying with the requirements of the program one has a right to apply for the Portugal citizenship, which is then subject to additional tests.

Tax

Personal taxation for non-residents on Portuguese-sourced employment and pension income is charged at a 25%. Interest and rental income, capital gains and dividends are taxed at 28%. Foreign source income, employment income, pension income and business and professional income can be subject to exemption. There is no tax on gifts or inheritances between parents, children and grandchildren. There is also no wealth tax.

Real Estate Investment

If real estate option has been chosen, the property has to be financed by cash investment, taking a loan on it is not permitted. The investment can be in one property or multiple properties as long as the minimum investment is met. The property may be rented out as long as applicant still manages to stay in it at least 7 days within first year and 14 days subsequent years.

Applicants selecting the real estate route are required to make an investment ranging between €280,000 and €500,000 depending on the type of property and its location. The minimum investment in new property in Portugal is €500,000 whilst investment in property which is older than 30 years and situated in urban regeneration areas must be valued at least €350,000. Buildings which are older than 30 years in areas with less than 100 habitants per km sq., must be valued at least €280,000.

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FAQ for Portugal is for informational purposes only. To get the most recent update on the program, please speak to our Advisors.

After five years of residence in Portugal.
Yes. You are required to reside at least 7 days for the first year and 14 days in subsequent remaining two years. However, should you wish to apply for the citizenship, you would be requested to reside at least 183 days within a year for at least 5 years.
Yes, we are able to provide you with the 360 degree service in terms of the property investments. We will be able to give impartial property advice, send the property profiles by email and organize comprehensive viewings on your first visit.
It may be sold after 5 years.
Portugal residence permit holders can travel visa free in Schengen zone for 90 days within 180 days period.
One may apply for a special Non-Habitual Resident Status (NHR) for 10 years. This means that you won’t pay taxes on the global income in Portugal and the tax rate for the income earned in Portugal is reduced to 20% instead of up to 48%.
The right to live, work, study and do business in Portugal, travel visa free to 187 countries including USA, Canada, UK and Australia.
Main applicant may include spouse, minor children, financially dependent unmarried children with no age restrictions, financially dependent parents.
Process takes from 6 to 12 months to complete.
  1. Preliminary Due Diligence.
  2. Selection of real estate.
  3. Trip to Portugal. Open a bank account.
  4. Finalizing purchase and sale transactions.
  5. Collecting documents and preparing the application.
  6. Visit to Portugal for biometrics and submission of original documents.
  7. Approval and collection of residence cards.

Kindly contact us to receive a full payment outline for your family structure.