program
Minimum Investment
N/A
Minimum Investment
€500,000 Investment fund
Time to Residency
6-12 Months
Visa Free Access
Schengen Countries
The Portuguese government passed a law in October 2012 to launch the residency by investment program, also known as a golden visa program.
To be able to apply for this program, you should be at least 18 years of age, in good health, and without a criminal record. As this is a residency program, you are required to visit Portugal for 7 days per year in the first 5 years.
In addition, you are required to make a purchase of real estate, make a capital transfer, or create job openings in Portugal.
As a resident of Portugal, you are a resident of the European Union, thus you are entitled to freedom of movement in the Schengen area.
You and your family will be able to study in schools or universities across Portugal and enjoy world-class healthcare.
There are minimal physical residency requirements, you are required to visit Portugal for 7 days per year.
By fulfilling minimal requirements, you may be eligible for a Portuguese citizenship after 5 years of holding your residency.
The Portuguese passport is ranked in the top 5 passports in the world for ease of travel.
Citizens of Portugal can travel visa-free or with visa-on-arrival to over 185 countries and territories including the United States of America, the European Union, Singapore and Hong Kong.
PORTUGAL | Residency by Investment
Order n. 1661-A/2013 Act n. 29/2012 of August 9, amending Act n. 23/2007 of July 4, laying down the legal framework for the entry, permanence and exit of foreigners from national territory, has provided for a new special legal resident status for the conduct of investment activities in the country. This amendment allows for shortened residency requirements of 7 days per year for 5 years at the end of which the applicant and family can apply for Citizenship.
Investment Fund
EUR 500,000
Main Applicant Fee
EUR 605.10
Dependent Fee (per person)
EUR 605.10
New Card
EUR 6,045.20
Renewal (Every 2 yrs) until PR
EUR 3,023.20
Application for Renewal (Every 2 years)
EUR 773.74
Application Process
6-12 months
PORTUGAL | RESIDENCY BY INVESTMENT
Visa-free and visa-on-arrival countries
26 Countries & Territories
The problem
Our Indian client, a business owner and single parent was looking for long-term residency in a country that would ensure quality education and safety for his daughter. With a successful business set-up in his home country, he could not consider relocating as it would limit his growth opportunities. At the same time, he wanted to secure a bright future for his daughter ensuring world-class education but was also wary about her well-being and safety. Above all, recently divorced, it was challenging for the client to procure documents for his daughter.
The solution
When the client approached Savory & Partners, we considered the many sentiments involved including that of a father, a dedicated businessman and a single parent. We understood his requirement and prepared a strategy that would not only serve his personal life positively but would see his business grow by leaps.
We recommended Portugal, not just for the simplicity of obtaining a residence permit but its exceptional education system and healthcare. Portugal is known for its outstanding higher education institutions.
Portugal has a lot of different immigration options available. The passive income - the D7 visa, the newly christened Digital Nomad Visa and the option that is tailor-made for businessowners - the Portuguese D2 visa.
Our client could fulfill his residency requirements while also maintaining an active management role in his company without worrying about spending too much time outside of Portugal.
With residential flexibility of the Golden Visa, his daughter could relocate to Portugal immediately and he could fulfil his residency requirements while also maintaining an active management role in his company back home without worrying about spending too much time outside of Portugal. As of 2021, Portugal is globally ranked in the top ten in terms of ease of registering a company. Meaning our client would not only go ahead and bring his existing business to Portugal but could venture into new business opportunities across Europe.
Approaching Savory & Partners to undertake his residency application ensured that the client would have all the necessary documents for himself and his daughter ready on time. Our agents oversaw that all requirements for a successful due diligence were also fulfilled.
Content
Length
4 pages
Language
English & Arabic
size
1 mb
CAPITAL
Lisbon
TOTAL AREA
92,212 km²
POPULATION
10.41 million
LANGUAGE(S)
Portuguese
CURRENCY
Euro (EUR)
EXCHANGE RATE
1 USD = 0.92 Euro
GDP – PER CAPITA (2022)
USD 24,515
GDP – TOTAL (2022)
USD 255.2 billion
Portugal boasts a rich historical and architectural heritage. Lying on the Atlantic Ocean, Portugal offers investors a lifetime opportunity to invest one of the most sought-after countries in which to reside. As a member of the European Union, the Portugal citizenship and Golden Visa Program offers open access to live, work, travel and study in Europe, and the opportunity to avail the country’s healthcare and consumer rights.
Country Background:
Portugal, officially The Portuguese Republic, is a country in southern Europe. The mainland is located on the southwest of the Iberian Peninsula, bordering Spain to the north and east, and the Atlantic Ocean to the west and south.
PORTUGAL | Residency by Investment