Portugal Residence Permit For Investment Programme
Also known as the ‘Golden Visa’, the Portugal Residence Permit for Investment programme enables third country citizens to obtain residency in Portugal through investment. The application process is straightforward with an average timeframe of 6-8 months and may include financially dependant family members. Investors can apply for the programme having only one physical visit to Portugal with a minimal stay requirement of seven days during the first year.
Investors are eligible to apply for permanent residence after five years and citizenship after six years at the end of the programme. Portuguese citizenship allows freedom of movement within the European Union.
Investors can choose from several investment types and must take place before the application is submitted.
The most popular investment type is the acquisition of real estate with the minimum value of €500,000, or €350,000 for property older than 30 years or located in an area of designated urban regeneration. Other capital transfers options include: €250K for Artistic Work & Recovery of Portuguese Cultural Heritage; €350K for Scientific or Technology Research; €350K Investment or Private Equity Funds for the Capitalization of Companies; or a €1,000.000 capital investment.
A further two investment types involve the creation of at least 10 jobs or 5 jobs alongside a transfer of €350k to incorporate a limited liability company in Portugal.
Procedure & Timeline
The investment must be completed before applying. In the case investing in real estate, this may take between 1-3 months to complete a property purchase.
For pre-approval, documents need to be submitted to the Portuguese Immigration and Borders Service (SEF).
All documents need to be submitted and biometric data collected from the main applicant and family members.
UP TO 3 MONTHS
The Residence Permit is granted
SEF takes up to 3 months to process the application.
RESIDENCE CARD ISSUED