The Portugal Golden Visa Program is a residency initiative tailored for non-EU citizens, providing the opportunity to obtain Portuguese residency through specific investment avenues (ARI). By making qualifying investments, applicants can acquire residency in Portugal, with the possibility of attaining Portuguese citizenship after fulfilling certain criteria. This program offers an attractive route to European residency, with fewer stay requirements compared to other countries, along with tax exemptions on fund investments, making the process of gaining citizenship more accessible and appealing. It’s a popular choice for investors who value flexibility and the opportunity to live in a dynamic European country.
Portugal Golden Visa Program Eligibility Criteria:
Eligible Investment:
- Investment of €500,000 in qualifying funds.
Portugal Residency Obligations:
- No obligation to live in the country.
- A minimal stay requirement of 14 days over a 2-year period.
- After holding the Golden Visa for 5 years, applicants can apply for permanent residency.
- Portuguese citizenship can be obtained after 5 years of holding the investor visa.
Key Features of the Portugal Golden Visa:
- EU & Schengen Area Access: The program provides residency within both the European Union and the Schengen Area.
- Residency Permit: Applicants receive the right to reside, work, and start businesses in Portugal.
- Public Benefits: Access to public healthcare and education in Portugal.
- Eligible Dependents: Includes spouses, children, and parents.
Advantages of the Portugal Golden Visa:
- Visa-Free Travel: The program allows unrestricted travel across 27 countries in the Schengen Area, making it easier to explore Europe for both business and leisure.
- Right to Live and Work: The visa grants applicants the ability to live, work, and study in Portugal, opening doors for professional and educational opportunities.
- Public Services: Enjoy access to Portugal’s public healthcare and education, ensuring a high standard of living.
- Minimal Stay Requirement: The Golden Visa requires only minimal residence – 7 days in the first year and 14 days every two years thereafter.
- Path to Citizenship and EU Residency: After 5 years, Golden Visa holders can apply for permanent residency and citizenship, offering the right to live, work, and study anywhere in the EU, along with healthcare and education benefits across EU nations.
- Investment Exit After 5 Years: Unlike many other Golden Visa programs, applicants in Portugal can sell their investment after five years, without affecting their residency status.
- High Standard of Living: Portugal offers a pleasant climate, rich cultural heritage, and a strong healthcare system, making it an ideal place for a comfortable lifestyle.
- Attractive Tax Benefits: Through the Non-Habitual Resident (NHR) tax scheme, investors may benefit from significant tax exemptions, including foreign income such as pensions and royalties, for up to 10 years.
This program is ideal for investors seeking an efficient and flexible path to European residency and citizenship while enjoying the many benefits that come with living in Portugal.
