Portugal - D7 – Passive Income VisaBusiness Migration

The Challenge

Our Indian client was a successful business owner and single parent who found himself at a crossroads. He had built a thriving business in India, but as a single father, his top priority was ensuring a secure and promising future for his daughter. He dreamed of providing her with access to world-class education and a safe environment to grow up in, but relocating would disrupt his business. On top of that, the complexities of obtaining the necessary documents for his daughter after a recent divorce made the process even more challenging.

Our Solution

Understanding the weight of his situation, we set out to find a solution that would offer both personal and professional stability.

Portugal: The Ideal Destination

We recommended the Portugal Golden Visa program, a tailored residency-by-investment route that allowed him to maintain his business in India while fulfilling Portugal’s flexible residency requirements (just seven days per year). This program also ensured his daughter could relocate immediately, gaining access to world-class schools and a safe environment.

To meet the program’s criteria, our client chose the EUR 500,000 investment fund option, channeling his resources into a venture capital fund committed to boosting businesses in Portugal. This fund, designed with a minimum five-year maturity and a portfolio with at least 60% of investments in Portuguese companies, aligned perfectly with his vision of contributing to a growing economy.

The process required meticulous planning. Together, we navigated the legal documentation, secured a taxpayer number, and opened a local bank account. After finalizing the investment and submitting the necessary documents, his application was successfully processed by the government.

Business Growth Across Europe

To ensure his application’s long-term viability and foster local economic growth, our client created five permanent jobs within the Portuguese business landscape. This not only fulfilled a critical requirement for the program but also underscored his dedication to making a meaningful impact in his new home.

Supporting the Journey

From the start, our team at Savory & Partners took a hands-on approach to ensure everything was in place. We helped gather all the necessary documents for both him and his daughter, ensuring a smooth process from start to finish. Our experts made sure every requirement was met for a successful residency application, including due diligence and timely submission.

The Result

Today, our client and his daughter are enjoying their lives in Portugal. He has not only secured a brighter future for her, with access to top-tier education and a safe, stable environment, but he’s also expanding his business across Europe.

Why Choose Portugal Golden Visa?

Portugal’s Golden Visa program is designed to provide individuals and families with a pathway to residency while offering numerous lifestyle and business opportunities. Here’s why it’s the right choice:

• Flexible investment options that allow you to secure residency by investing €500,000 in an eligible investment fund or venture capital fund.
• EU citizenship after five years with minimal residency requirements (seven days per year).
• World-class education, healthcare, and safety.
• Strategic location and business-friendly environment to grow your ventures across Europe.
• Ability to relocate with your family and ensure access to top-tier education and a secure environment for your loved ones.

For those considering the Golden Visa, here’s a closer look at the available investment pathways and the application process:

Investment Options

• €500,000: Invest in private equity or venture capital funds
• €250,000: Support arts or cultural heritage.

Application Process

Apply remotely or in person by selecting an investment, opening a bank account, and submitting documents. After a biometric visit, you’ll receive a two-year renewable residence permit. Citizenship or permanent residency can follow after five years.