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
Schengen 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
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.
Health & Education
You and your family will be able to study in schools or universities across Portugal and enjoy world-class healthcare.
Minimal residency required
There are minimal physical residency requirements, you are required to visit Portugal for 7 days per year.
Pathway to citizenship
By fulfilling minimal requirements, you may be eligible for a Portuguese citizenship after 5 years of holding your residency.
High ranked passport
The Portuguese passport is ranked in the top 5 passports in the world for ease of travel.
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
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
Investment Fund
EUR 500,000
Donation amount
EUR 250,000
Main Applicant Fee
EUR 773.74
Dependent Fee (per person)
EUR 773.74
New
EUR 7,730.11
Renewal (Every 2 yrs) until PR
EUR 3,023.20
Golden Visa Residency
EUR 7,455.00
Application for Renewal (Every 2 years)
EUR 773.74
Application Process For Portugal Golden Visa
Application Process
6-12 months
- Step 1Initial consultation between Savory & Partners and the client to check if they qualify the general eligibility requirements for golden visa.
- Step 2The client will make a downpayment against our professional fees and sign an engagement agreement with us to provide assistance throughout the application journey.
- Step 3Savory & 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 4Once the investment is done, Savory & Partners will assist in preparing and gathering the required documentation.
- Step 5The 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 6After 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.
PORTUGAL | RESIDENCY BY INVESTMENT
READY TO APPLY?
Visa-free Countries for Portugal Residency
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
Success Stories - A safe and bright future
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.
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
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
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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