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Portugal offers a Golden Residence Permit Program, commonly known as the Portugal Golden Visa, designed to attract non-EU nationals through investment. This program provides a pathway to residency and potential citizenship in Portugal.
Key Benefits
Residency Rights: Holders have the right to live, work, and study in Portugal.
Schengen Area Access: Enjoy visa-free travel within Europe's Schengen Area.
Minimal Stay Requirements: An average of seven days per year over the five-year period is sufficient to maintain the residence permit.
Pathway to Citizenship: Eligibility to apply for Portuguese citizenship after five years of maintaining the investment and meeting other requirements.
Investment Options
Capital Transfer:
Minimum Investment: EUR 1.5 million.
Details: Transfer funds to Portugal, which can be used in various forms of investments.
Business Creation:
Job Creation: Establish a business that creates at least 10 new full-time jobs in Portugal.
Investment Fund:
Minimum Investment: EUR 500,000.
Details: Invest in a qualifying Portuguese investment fund.
Real Estate Investment
As of 2023, residential real estate is no longer a qualifying investment option under the Portugal Golden Visa Program. However, investments in commercial real estate in designated interior areas of Portugal may still qualify. The minimum investment amount for real estate remains at EUR 500,000.
Application Process
Duration: The process typically takes a few months from submission to approval.
Requirements: Applicants must maintain the investment for a minimum of five years, have a clean criminal record, and fulfill the minimum stay requirement.
**This article is part of a series of articles in respect to the most attractive migration programs:
*DISCLAIMER: This article and its publication are intended to provide a brief introduction and act as a general guide. This is provided for information purposes only and cannot be utilized as a substitute for professional advice. This document does not represent a legal opinion and one must not rely on it without receiving independent advice based on the particular facts of its own case. No responsibility is accepted by the author or the publishers for any loss suffered from acting or refraining from acting based on the contents of this publication.
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Mrs Daniella May / Head of Business Development
Tel.: + 357 7000 2 5555 / + 357 22 87 57 55
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