Golden Visa Portugal

PORTO CITY

The coastal city of Porto is located in the north of Portugal, at the mouth of the Douro River. It is the second largest city in the country after Lisbon, with a population of approximately 240,000. 

Porto is one of the most important financial and industrial centres in Portugal, and the heart of Portugal’s port wine production. The city’s diverse culture and scenery, its proximity to the Atlantic Ocean, and its historic buildings give it a very special charm indeed. The beautiful houses, picturesque narrow streets and numerous baroque bridges attract domestic and international buyers alike. 

Prices on the real estate market in Porto remain stable

OVERVIEW

​The Golden Visa in Portugal has been around since 2012 and was created as a way of enabling non-EU citizens the right to gain a residency permit in exchange for a 6-year real estate investment. Not only has the Golden Visa program helped people live and work in the área as create conditions to get acess to Tax benefits programs as NHR.

Portuguese Golden Visa is one of the most popular citizenship by investment programs both in Europe and the world, because of relatively affordable property prices (one of the lowest of all EU capitals), Portugal is a safe country to live with affordable quality of life and good health care.

Portugal has proven to be an extremely attractive option, its relatively low cost of living with beautiful landscapes, rich history and culture along with a very high standard of safety and security have all been strong reasons why it has become so popular.

Since its inception, over 20.000 Golden Visa have been awarded to families across the world, making and proving the most popular passport in the world.

SOME OF THE MOST KEY ADVANTAGES : 

• Starts with minimum investment of 280.000€ (if investment made in a low-density àrea)​ 
• 5 years to obtain citizenship 
• Obtain residence permits for your immediate family members on a single investment.​
• Travel freely, without visa, through the 26 Schengen countries of the European Union
• Option to become a non-habitual resident (NRH)
• Access to world-class healthcare and education, as well as the security of second residence in a politically and economically stable country.
• Low physical presence required, no need to reside.
  

WHO CAN BENEFIT :

• Anyone that want to be eligible for Portuguese citizenship
• Anyone that want to get great tax benefits through the residence tax benefits (NHR)
• Non-EU investors that want good returns and access to Schengen area as citizenship
• Foreign investor who wants to expand their portfolios, obtain a high quality of life and get EU residency in a short time frame.
  

WHO IS ELIGIBLE :

• All third-country citizens who conduct an investment activity, as an individual business person​ 
• Or through a company set up in Portugal or in another EU Member State and who, in addition, are stably settled in Portugal, provided these citizens fulfil the quantitative requirements and the time requirements set out by the relevant legislation, may apply for a Residence Permit for Investment. Anyone that want to be eligible for Portuguese citizenship
• You can bring your family members, including your spouse, as well as your children (as long as they are younger than 18 at the time of application, or enrolled in studies and being supported by you). In certain circumstances, you can even bring your parents and/or in-laws, as long as you can demonstrate that you are supporting them.
  

REQUIREMENTS TO APPLY FOR THE PROGRAM :

• Making the qualifying investment 

• Maintain the investment for a minimum period of six years

• Being in Portugal a minimum period of 7 days during the first year, then 14 days either consecutively or intermittent, within each 2 year visa period.
• The funds must come from outside into Portugal
• No references in Portuguese Immigration and Schengen Services
• No criminal record
• A valid document for legal entry and stay in Portugal
  
  

REAL ESTATE INVESTIMENT OPTIONS :

• Investment in properties that are over 30 years old or are located in designated areas of urban rehabilitation, require an investment of at least €350,000 sum (property and reconstruction)
• Reduced to €280,000 if located in a low-density area.

GOLDEN VISA TIMELINE :

Year 0

Golden Visa issued, valid for two years

Year 2

Residency permit needs to be renewed. Valid for two years

Year 4

Residency permit needs to be renewed. Valid for two years

Year 5

Both Permanent residency and Citizenship may be requested, if not GV needs to be renewed in year 6