Portugal Golden Visa Program
Portugal Golden Visa Program, which was put into effect in 2012, provides investors with a residence permit in exchange for real estate investment. Spouses, children under the age of 18, and university students under the age of 25 can also benefit from the residence permit for family applications. Within the scope of the program, it is sufficient for investors to spend only 7 days a year in Portugal to maintain their residence permit.
The residence permit is first granted for 1 year and is renewed for 2+2 years as long as the investor holds the investment.
Those who have completed the 5-year period can apply for permanent residence and citizenship.
The residence permit in Portugal is issued by the official Portuguese authorities and ensures that the holder of the residence permit officially resides in the country. It is possible to obtain this residence permit following a real estate investment of at least 280,000 €.
As the owner of real estate worth only 280,000 €, it is possible to obtain a renewable residence permit in Portugal for yourself, your spouse, your children under the age of 18 and your children under 25 who are studying at university. Even the beauty of the country is enough to live in Portugal, which is one of the pearls of Europe with its eye-catching architecture, idyllic ocean coasts and magnificent climate, but the Portugal Golden Visa Program offers much more than that.
Portugal Golden Visa As An Easy Path for Citizenship
Compared to other Golden Visa Programs in Europe, Portugal Golden Visa Program opens the door of citizenship to investors in a much simpler, cheaper and faster way. You can obtain your residence permit in a very short time, even if you provide the necessary documents following a real estate investment exceeding € 280,000.
Residence permit obtained through investment also includes the spouse of the investor, their children under the age of 18 and children under the age of 25 who are studying at university. This residence permit provided by the Golden Visa Program includes many rights such as working, benefiting from health and education services. In order to live a safe life at European standards with your spouse and children, it is enough to buy a real estate in Portugal in the required amount.
Free Movement In Europe
One of the main benefits of having a legal residence permit in Portugal, which is a member of the European Union, is that it provides easy visa-free entry to all countries in the Schengen document. Portugal Golden Visa Program is a very attractive method even just to gain permanent freedom of movement within Europe.
Another convenience of the residence permit provided by Portugal through investment is that it is sufficient to spend only 7 days a year in the country for the protection of the residence permit. The value of the Portuguese real estate market is increasing every year and cities continue to become more attractive with new projects. If you only want to invest for profit, it is also a very attractive option for those who want to buy investment property as it does not require you to be in the country all the time.
Investment Options for Portugal Golden Visa Program
- Investing in real estate worth at least 280,000 €,
- Transferring deposits over €1,000,000 to Portuguese banks,
- Employ at least 10 Portuguese people in a new business you will establish or take over
Frequently Asked Questions
Which one Is The Best Option to obtain a residence Permit in Portugal?
Although the most suitable investment option changes in line with the purpose and possibilities of the investor, the most preferred and generally the most suitable method is to purchase a real estate worth at least 280,000 €.
How to become a Portuguese Citizen Through Golden Visa Program?
It is possible to obtain a second citizenship from Portugal after obtaining a Golden Visa. After completing your 5 years, you are entitled to permanent residence and citizenship applications.
Do i have to make the whole ınvestment on a single property?
No, you can apply as long as the total value of more than one property exceeds the relevant category.
Am ı Entitled with Visa-Free Travel Right within the Schengen Zone?
You can travel as much as you want in all Schengen countries without a visa. You also do not need a visa. For non-Schengen countries such as the UK, you need a visa.
How long is the duration of Portugal Residence Permit – Golden Visa?
The residence permit obtained with Portugal Golden Visa investment is first granted for 1 year. After the first year, it is renewed as 2+2 years. At the end of the 5th year, you can apply for an indefinite residence permit and citizenship.
Investors who want to invest in Portugal and obtain a residence permit with the golden visa program can also receive it within the scope of migriva‘s Residency by Investment Programs services.