The Golden Residence Permit Programme, Portugal’s Residence by Investment Programme, has been in operation since October 2012. This program presents an ideal opportunity for non-European citizens seeking the freedom to live, work, and explore Portugal and the broader Schengen Area.
Portugal’s appeal lies not only in its mild climate but also in its rich culture, exceptional cuisine, and breathtaking landscapes, all of which have enticed numerous high-net-worth individuals to establish this enchanting Iberian nation as their second home. Moreover, Portugal offers a range of potentially lucrative investment prospects, spanning manufacturing, tourism, and green energy.
Obtaining Portugal Residency offers a multitude of benefits:
Portugal Residency offers various investment avenues, including:
Option 1: Real Estate
Investors can purchase residential, commercial, or agricultural real estate, subject to processing fees. Investment thresholds include EUR 500,000 for real estate or EUR 350,000 for real estate refurbishment.
Option 2: Capital Transfers
Applicants can choose from a range of capital transfer options, each subject to processing fees:
The Portuguese Residency by Investment Programme primarily focuses on residency. However, individuals meeting specific requirements can pursue citizenship after five years of legal residence in Portugal.
Following five years of residence in Portugal, applicants can apply for citizenship via naturalization. Requirements include being at least 18 years old, demonstrating basic knowledge of the Portuguese language, showcasing successful integration, and maintaining a clean criminal record.
Upon achieving naturalized citizenship, applicants can apply for a Portuguese passport.
To begin the application process, applicants must make their investment and provide proof of the investment’s intention to be maintained for at least five years.
Application Steps:
Investment Options: The Portugal Residency by Investment Programme offers three investment choices: real estate, capital transfers, and job creation.
Applicant Eligibility: To apply, individuals must be at least 18 years old, possess sufficient funds for the investment, be in good health, and maintain a good standing with the Portuguese Tax and Customs Authority and Social Security.
Inclusion of Family Members: The main applicant may apply for residence permits for various family members, including spouses, dependent children, parents, grandparents, and siblings, based on specific criteria.
Application Processing Time: From submission to approval in principle, applicants typically wait between three and six months.
Citizen Restrictions: Applications are open to all nationalities, except Russia and Belarus, which are currently suspended.
Duration of Residence Permit: Residence permits can be renewed initially for two years and subsequently for consecutive five-year periods.
Is This Programme for You?
The Portugal Residency by Investment Programme offers qualified applicants the opportunity to secure permanent residence in Portugal while retaining their original citizenship. It appeals to:
Book a complimentary initial consultation with one of our experts to explore your unique requirements.
Participation in the residency by investment programme necessitates a financial investment in the country.
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