Residency by Investment
PORTUGAL GOLDEN VISA
The Portugal Golden Visa offers economic benefits, as well as a shortcut to a luxurious lifestyle.
Why Choose Portugal?
Portugal, one of Europe’s oldest countries, stands as a testament to rich history and captivating architecture. Its whitewashed villages and vineyard-covered landscapes along the Atlantic Ocean exude luminosity, culture, and charm.
Portugal offers a diverse culture, a Mediterranean climate, and a secure, stable environment ideal for living, working, or traveling. The Golden Resident Permit Program presents numerous advantages.
About Portugal
Southwestern Europe, bordering the North Atlantic Ocean, west of Spain
Capital
Lisbon
Difference
UTC 0
Currency
Euro
Languages
Portuguese
Exchange Rate
1 USD = 0.9214 EUR
Total Area
92,090 sq. km.
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Property Investment Options
Applicants can invest in property valued at €500,000 or more, or €350,000 or more for properties over 30 years old or in designated urban regeneration areas. A 20% reduction on the minimum investment is available for properties in low-density population areas (€400,000 or €280,000). -
Capital Investment
Investment options include a minimum of €350,000 in research activities, €250,000 in arts or heritage projects, or €500,000 in investment funds or venture capital. Applicants must create 10 or more jobs.
- Visa waiver for entering Portugal.
- Opportunity to live and work in Portugal.
- Visa-free travel within Schengen member states.
- Path to permanent residency or citizenship after five years as a temporary resident.
- Inclusion of family members, such as spouses, dependent children, and parents.
Portugal’s Golden Resident Permit Program, administered by the Ministry of Foreign Affairs, requires investors to meet specific criteria:
- Prove that investment funds originate from abroad.
- Have no criminal record.
- Ensure that the applicant’s property is not frozen within the EU.
- Pay applicable application and processing fees.
- Enter Portugal on a valid Schengen visa.
- Meet minimum stay requirements (seven days in the first year, 14 days in subsequent two-year periods).
- Visa waiver for entering Portugal.
- Opportunity to live and work in Portugal.
- Visa-free travel within Schengen member states.
- Path to permanent residency or citizenship after five years as a temporary resident.
- Inclusion of family members, such as spouses, dependent children, and parents.
- Prove that investment funds originate from abroad.
- Have no criminal record.
- Ensure that the applicant's property is not frozen within the EU.
- Pay applicable application and processing fees.
- Enter Portugal on a valid Schengen visa.
- Meet minimum stay requirements (seven days in the first year, 14 days in subsequent two-year periods).
-
Property Investment Options
Applicants can invest in property valued at €500,000 or more, or €350,000 or more for properties over 30 years old or in designated urban regeneration areas. A 20% reduction on the minimum investment is available for properties in low-density population areas (€400,000 or €280,000). -
Capital Investment
Investment options include a minimum of €350,000 in research activities, €250,000 in arts or heritage projects, or €500,000 in investment funds or venture capital. Applicants must create 10 or more jobs.
Your Journey to International Citizenship
Your Path to Global Citizenship, Simplified by Elite Invest
Step 01
Client shares passport copies for pre-screening
Step 02
Once cleared, we prepare a retainer agreement for signing
Step 03
Elite Invest assists client with preparation of documents
Step 04
NIF and Opening of Bank account
Step 05
Property Acquisition & Tittle Deed
Step 06
Online application submission to SEF for Golden Visa
Step 07
Travel to Portugal for biometrics
Step 08
Issuance of Golden visa
FAQs
Yes, Portugal’s Golden Visa program allows foreign investors to become residents of the country, providing the freedom to live, work, study, and move within the Schengen Zone. After holding temporary residency for 5 years, investors and their families can apply for Portuguese citizenship.
To maintain your Golden Visa residency, you must spend 7 days in Portugal during the first year and 14 days in subsequent years. These days do not need to be consecutive. Note that, due to COVID-19, the Portugal Golden Visa’s initial validity has been extended to two (2) years, providing investors with more time to meet the requirements.
If you spend less than half of the year in Portugal, you are considered a non-tax resident and are only taxed on income earned within Portugal. However, if you become a tax resident in Portugal, you have the option to become a non-habitual resident, exempting you from taxes on worldwide income in Portugal. Portuguese-sourced income is taxed at a flat rate of 20% during the first 10 years, and there is no inheritance tax on passing your wealth to a spouse or dependent.
There is no obligation to live in the property you invest in through Portugal’s Golden Visa Program. The investment property can be rented out or sold for another property, as long as you maintain the minimum investment amount for the full 5-year period.
Yes, you can invest in any property of your choice in Portugal, as long as it meets the government’s minimum investment requirements and is located within the specified investment areas. Elite Invest selects bespoke projects that align with clients’ preferences, ensuring a seamless and optimal experience.