Portugal’s golden visa program is one of the alternatives to the nationality programs granted to non-Portuguese nationals who have invested in Portugal in accordance with government regulations. The program consists of a residency permit issued on a fast-track basis, as well as other benefits for non-EU investors who make a minimum legal investment. The program includes all family members, their residence permits, and social life benefits in Portugal. AICEP controls the program via the SEF.
Overviews for residency permit applications under the Golden Visa program:
|Area of Investment||Minimum Investment||Requirements||Residency Permit||In-country stay requirement|
|Transfer of capital in Portugal||One Million Euro||Proof of funds transfer(Via bank statement)||The investor must either renew his residency title every two years for a total of five years or apply for permanent residence after the second renewal||Seven days per year|
|Real estate investment||Half Million Euro||Property titles and sales invoice||The investor must either renew his residency title every two years for a total of five years or apply for permanent residence after the second renewal||Seven days per year|
|Creation of jobs in Portugal||Ten Jobs That Pay Full-Time Wages||Paid social security receipts||The investor must either renew his residency title every two years for a total of five years or apply for permanent residence after the second renewal||Seven days per year|
|In the urban areas of Portugal, the renovation of real estate properties that are at least 30 years old.||3,50,000.00 Euro||Property deeds, the bill of sale, and a government-approved renovation plan are required||Seven days per year|
|Transfer of funds in Portugal in support of scientific or technological research||3,50,000.00 Euro||Official Statements or documents issued by a public or private research institution||Seven days per year|
|Transfer of funds in Portugal to support artistic or cultural activities||2,50,000.00 Euro||Employment or service agreement suitable with cultural activity (within the scope of a project recognized as of concern to the government body in culture promotion)||Seven days per year|
|Transfer of capital in Portugal to support and become a shareholder in the development of the project in small and medium sized enterprises||3,50,000.00 Euro||Verification and approval from the Portuguese regulatory body||Seven days per year|
Additional documentation requirements:
- Passport or related other travel documents
- Proof of legal entry in Portugal
- Health insurance
- Police criminal record from home country or residence country
- Social Security Number (SSN) registration
- Compliance with regulations
Features of Golden visa:
- All members of the family are eligible to relocate into Portugal.
- Worry-free travel to all Schengen states.
- Apply for permanent residency in 3 years after investing.
- They are eligible for social, medical, and educational benefits.
- Work and business permissions.
- Incoming foreign income is not subject to taxation.