Portugal Golden Visa

The Portugal Golden Visa program offers a chance for investors worldwide to obtain residency by investing in Portugal. This visa enables non-EU citizens and their families to reside, study, and work in Portugal. The program was introduced in 2012 and has become popular with investors due to its affordability, advantages, and flexibility. The program has also inspired similar Golden Visa programs in Spain and Greece.

Benefits of Portugal Golden Visa

Tax benefits for Golden Visa holders, including exemptions and reductions on certain taxes
Visa-free access to the Schengen area
Residency permit for family members, including spouses, dependent children, and even parents in some cases
Option for Non-Habitual Tax Residency (NHR)

Portugal Golden Visa Program Changes

Many questions about the Portugal golden visa ending are circulating, and many articles must be found on different websites. However, on 19th July 2023, the Portuguese parliament passed a bill ending the real estate route to the Golden Visa.

As per the Portugal golden visa update, investing in real estate or direct capital transfer will no longer be an authentic option to apply for the golden visa application.

Eligibility and Requirements for the Portugal Golden Visa

Be at least 18 years of age
Have no previous criminal convictions
Be ready to spend at least 7 days per year in Portugal
Proof of the qualifying Investment
Personal presence in Portugal
Show investment proof that is held for 5 years
Excellent health condition

The main applicant can add dependents to a residency application, including their spouse, dependent children, and parents.

Investment options under the Portugal Golden Visa program

Creation of 10 Jobs or Business Investment

Create a minimum of 10 new jobs.
Invest a minimum of EUR 500,000 in business and along with it, create a minimum of 5 permanent jobs

National Heritage

Donation of €250,000 to Arts/National Heritage/Culture

Fund Investment

Investing in high-risk funds can result in high returns, but it requires a minimum investment of €500,000 and a commitment of ten years.

Portugal Residency Without Investment

Portugal residency without investment program offers an independent visa without Investment, but the applicant demonstrates sufficient recurring income or savings. D7 and D2 programs own their rules and requirements. The D7 Portugal residency program without investment is an entirely independent-based visa, while D2 Portugal residency program without investment is an entrepreneurial visa for which you must invest substantially to get citizenship. For detailed D2 and D7 Portugal visa information, keep on reading.

Top Rated By Customers & Immigration Firms With 100% Success Rate.

Processing Time

8 – 12 Months

Investment Amount

$280,000

CBI Type

Real Estate

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