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Portugal Residency by Investment | Savory & Partners
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program

Portugal Residency by Investment

Program Overview

Minimum Investment

N/A

Minimum Investment

€500,000 Investment fund

Time to Residency

6-12 Months

Visa-free Access

26 Countries

Portugal Residency by Investment Requirements

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.

Main Applicant Requirements

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Confirmed investment sources

Eligible Dependents

  • Spouse of the main applicant
  • Children (biological or adopted) under 18 years of age
  • Dependent parents

Portugal Residency by Investment Benefits

Freedom of movement

Freedom of movement

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.

Dual residency

Health & Education

You and your family will be able to study in schools or universities across Portugal and enjoy world-class healthcare.

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Minimal residency required

There are minimal physical residency requirements, you are required to visit Portugal for 7 days per year.

Health & Education

Pathway to citizenship

By fulfilling minimal requirements, you may be eligible for a Portuguese citizenship after 5 years of holding your residency.

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High ranked passport

The Portuguese passport is ranked in the top 5 passports in the world for ease of travel.

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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.

Legal Basis

PORTUGAL | Residency by Investment

Legal Basis

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.

Costs of Portugal Golden Visa

In July 2015, through Act 63/2015 and Regulatory Decree 15-A/2015, the options for required investment were revised and new ones were added.
1) Investment in Investment Fund

Investment Fund

EUR 500,000

Application Fee

Main Applicant Fee

EUR 605.10

Dependent Fee (per person)

EUR 605.10

On-going costs during period of EU Residency (AIMA Authorities):
ARI Residency card (Per Family Member)

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 For Portugal Golden Visa

The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Application Process

6-12 months

*Sample of Residence Visa document
portugal-residency card sample.jpg
  • Step 1
    Initial consultation between Savory & Partners and the client to check if they qualify the general eligibility requirements for golden visa.
  • Step 2
    The client will make a downpayment against our professional fees and sign an engagement agreement with us to provide assistance throughout the application journey.
  • Step 3
    Savory & Partners will help the client obtain a Portuguese tax/NIF number, open a personal bank account. The client will have to transfer the investment to their personal account and then to the fund company.
  • Step 4
    Once the investment is done, Savory & Partners will assist in preparing and gathering the required documentation.
  • Step 5
    The application is submitted to the Portuguese immigration authorities - AIMA - for review and upon completion of the application review, the government issues a pre-approval notification.
  • Step 6
    After the application is pre-approved, the client must then travel to Portugal for biometrics submission. Once completed, the final approval is issued, and subsequently golden visa cards are printed.
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PORTUGAL | RESIDENCY BY INVESTMENT

READY TO APPLY?

Visa-free Countries for Portugal Residency

When you become a resident of Portugal, you get visa-free circulation in the Schengen Area. After receiving Portugal citizenship, which has a passport ranking of being the 3rd most powerful passport according to the Passport Index 2021, citizenship holders get visa-free and visa-on-arrival to over 186 countries.

Visa-free and visa-on-arrival countries

26 Countries & Territories

With the Portugal Golden Visa, you can travel to the following countries:

  • Austria
  • Belgium
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Italy
  • Latvia
  • Lithuania
  • Luxembourg
  • Malta
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland

Client Success Stories

A Safe and Bright Future

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.

Download brochure

Content

  • Portugal Country profile
  • Benefits of the program
  • Investment requirements
  • Investment process

Length

4 pages

Language

English & Arabic

size

1 mb

ABOUT PORTUGAL

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CAPITAL

Lisbon

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TOTAL AREA

92,212 km²

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POPULATION

10.41 million

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LANGUAGE(S)

Portuguese

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CURRENCY

Euro (EUR)

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EXCHANGE RATE

1 USD = 0.92 Euro

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GDP – PER CAPITA (2022)

USD 24,515

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GDP – TOTAL (2022)

USD 255.2 billion

About Portugal

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:

  • The Portugal citizenship and Golden Visa Program is a legal naturalization program based on the law inviting foreign investors from non-EU countries to obtain a fully valid residency permit in Portugal. The Program has been in effect since 2007.
  • The Portuguese Republic is a semi-presidential republic whereby the Government is headed by the presidentially appointed Prime Minister.
  • The capital Lisbon is the nation’s largest city. It is continental Europe’s westernmost capital city and its importance lies in finance, commerce, media, entertainment, arts, international trade, education and tourism.
  • Portugal has 6 international airports with flights serving all the major airports around the globe.
  • Portugal is mainly characterized by a warm temperate, Mediterranean climate with a distinct wet season in winter.
  • It is a member of the United Nations, European Union, Eurozone, OECD, NATO, WTO, and Schengen Area.
  • The Portuguese legal system is part of the civil law legal system, also called the continental family legal system.
  • The Portuguese currency is the euro (€) and the country was one of the original member states of the Eurozone.
  • The country trades mainly within the European Union, the US, Canada and Asia and above all South America and Africa where the former Portuguese colonies of Brazil and Angola are major trading partners.

Where is Portugal?

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

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