Portugal

About Portugal Citizenship and Residency

Portugal allows applying for the Residence Permit for Investment Activity (ARI).Golden Visa Program offers non-European Union investors a fast track to obtaining a valid residency permit. The visa is initially valid for one year, renewable twice thereafter at 2-year intervals.

Investment options available to acquire the citizenship and passport of Portugal. 

Property Acquisition From €280,000

– €500,000 – purchase residential or commercial real estate.

– (€400,000 – a reduced rate of 20% applied when purchasing real estate located in low GDP or low populated density areas).

– €350,000 – purchase residential or commercial real estate over 30 years old requiring renovation.

– €280,000 – a reduced rate of 20% applied when purchasing a real estate located in low GDP or low populated density)

Creation of 10 Jobs or Business Investment

– Create a minimum of 10 new jobs оr

– Invest a minimum of €500,000 in business and create a minimum of 5 permanent jobs.

Capital Transfer From €1,500,000

Applicants must make a capital investment into a Portuguese bank account or specifically approved investment options.

Fund Subscription

– A minimum of €500,000 subscription in a qualifying Portuguese fund.

– Subscription can be free or at times a one-time commission fee of up to 7.5% of money invested is charged

– In order to maintain a residence permit in Portugal and obtain citizenship, an investor can not withdraw investments earlier than after 6 years.

– Cost of investing in funds is lower than when buying real estate. There are no taxes on the profits of investors who buy fund units under residence permit program in Portugal and do not become tax residents of the country. Annual costs only include the commission of the fund on the profit.

Donation

– Invest a minimum of €250,000 in preserving national heritage in Portugal.

– Invest a minimum of €500,000 in a research and development activity in Portugal.

Benefits of the Portugal Golden Residence Permit Program

• You can qualify for residency by investing €280,000 which is one of the lowest investment thresholds in Europe,
• You don’t have to move to Portugal to keep your residence permit. Staying in the country for seven days on average per year will suffice,
• You can be eligible to apply for Portuguese citizenship in five years. This is one of the quickest in Europe,
• Once you become a Portuguese citizen, you get visa-free access to 188 countries.

Portugal Residency Requirements And Qualifications

To be eligible for a Golden Visa for Portugal, you have to fulfill the following requirements:

• You must be over the age of 18
• You must make a significant investment that is beneficial to the Portuguese economy
• You must have no history of criminal records
• You must own the money you seek to invest
• You must commit to maintaining the investment for at least another five years
• Meet or exceed the minimum stay requirements. (Seven days for the first year, 14 days for subsequent two-year periods.)

Steps And Timeline

• STEP #1: Talking to Immigration Advisors
• STEP #2: Preparing Documents
• STEP #3: Completing the investment
• STEP #4: Booking a biometrics appointment
• STEP #5: Submitting Residency application
• STEP #6: Receiving Residence Permit

The first step is talking with Immigration advisors. They will evaluate your circumstances and help you select the most suitable program and real estate option. A detailed checklist will be provided, and you will be guided through the documents collection stage. Experienced immigration advisors will prepare all the required documents along with the residency application and will conduct a final check of each document for compliance to ensure all requirements are met, including, proof of investment documentation.

After that the purchase of real estate in Portugal, investment in a Portuguese business, or capital transfer to the Bank of Portugal should be undertaken. An appointment must be booked for you and your family to submit biometrics in Portugal.

The complete application along with all supporting documents will be submitted to the SEF, the body that processes Golden Residence Permit applications along with documentary evidence of the real estate acquisition or the investment.

Once the application is reviewed you will be granted the residence permit, valid for 1 year, extendable for 2 years each time, provided you meet the 7 days per year requirement, with the right to settle in Portugal and travel throughout the Schengen Area. After the fifth year, you can apply for permanent residency followed by citizenship.

Our Services

Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:

• Find the best solution for your needs.
• Identify and deploy a strategy to help you accomplish your goals.
• Activate our network of people in the country where you need help without having you search for the best solution or lawyer. We only work with licensed people in every country whom we carefully vet and pass the guidelines and principles of privacy we stand for.
• Focus on cutting through the red tape and expedite your process.
• Provide proper communication with you about your case.
  …. and above all: Offer you legal strategies to provide additional layers of privacy for your identity, while obtaining your residency or citizenship!

Privacy World can also help you with incorporating your company in Portugal, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.

Want Privacy World to handle your case? Have any questions? Contact us!

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