The Golden Visa programme in Portugal offers a new option for those wishing to apply through investment funds. This method provides a more flexible and accessible way for those wishing to obtain European Union permanent residence or citizenship by investing in Portugal. Mutual funds offer investors a wide range of investment options with professionally managed portfolios in various asset classes. In this way, investors can obtain residence or citizenship in Portugal by making the necessary investment under the Golden Visa programme.

Overview

Key Benefits

Investment Options

Visa Requirements

FAQ

Portugal Golden Visa

The Portugal Golden Visa scheme is an immigrant investor program that allows non-EU citizens to live, work and study in Portugal for five years. Portugal residency visa remains one of the most advantageous residence programs with simple and clear procedures compared to other countries. Since Portugal is a full member of the European Union, the Portugal residence permit provides extensive benefits to non-EU citizens.

Key Benefits

The Golden Visa program in Portugal, one of Europe's most effective immigration programs, gives the right to reside, work, and study in the country with visa-free entry within the Schengen zone.

Visa-free travel to Schengen countries.

Ability to work and study along with residency.

Right to apply for citizenship after five years of residency in Portugal

The minimum stay requirement is 14 days within each two-year period. However, upcoming changes in citizenship law may affect how this period is calculated.

Right to benefit from public services such as healthcare or education

Being able to apply with family members including spouses, dependent children

Investment Options

To obtain Portugal residency through the Golden Visa program, there are several eligible investment routes. As of the latest regulations, real estate investments are no longer accepted. Current options include:

Minimum of 500,000 EUR investment in qualified Portuguese funds, with at least 60% invested in local companies and a minimum fund maturity of five years.

Minimum of 500,000 EUR investment in scientific research activities, carried out by public or private institutions integrated into Portugal’s national scientific and technological system..

Creation of at least 10 new full-time jobs within Portuguese territory.

Minimum of 250,000 EUR investment to support artistic production or cultural heritage preservation, through qualified public institutions or private foundations with public utility status..

Minimum of 500,000 EUR investment to establish a Portuguese company with at least 5 permanent employees, or to increase the share capital of an existing company, maintaining at least 10 jobs for a minimum of three years.

Portugal Golden Visa Requirements

• Meeting the minimum investment requirements including investment in qualified funds, scientific research, cultural heritage, or business/job creation.
• Not being an EU citizen.
• Not being subject to an entry ban in the Schengen Area.
• Having the financial means to live in Portugal.
• Opening a Portuguese bank account.
• Not having a criminal record.
• Having private health insurance.

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How to Get Residency in Portugal with Golden Visa?

Applying for the Portugal residency program just takes a few simple but essential steps to follow.

Status Analysis: First, you need to talk about your legal situation with a professional advisor and discuss whether you meet the requirements or not, and how to complete your deficiencies.
Gathering documents: Secondly, your advisor will inform you about the necessary documents.
Invest: If you haven’t made your investment yet, at this step you should finalize it since you need to submit proof of investment to the authorities.
Submission of Application: After meeting all the requirements and gathering all the documents, you will be submitting your application and wait for the verdict.
Getting your residence permit: Congratulations, you are now an official resident of Portugal! You are ready to get your permit and start living your best life in Europe.

Good to Know

Investors should keep the investments acquired for Golden Visa for at least five years in their possessions.
Golden Visa holders must spend at least 14 days in within each two-year period in Portugal.
The financial procedures of the investments must be made through Portuguese banks.
For fund investments, the total amount can be split into multiple eligible funds, as long as the minimum requirement is met.
The visa holders are not required to pay taxes unless they spend more than 183 days in one year.
It is mandatory to have a Portuguese bank account and NIF (tax ID) number for the transactions.

Frequently Asked Questions

1Which country is the best for the Golden Visa?

Portugal offers one of the most advantageous Golden Visa programs in Europe. Low investment amounts and only 14 days of physical presence requirement in Portugal make the Portuguese Golden Visa one of the best ones in Europe.

2How much do I need to invest in Portugal to get a residency?

250,000 € is the lowest investment amount to get a Golden Visa in Portugal. This investment must be made in supporting artistic and cultural production, maintenance, or renovation projects.

3How Much do I Need to Invest in Portugal to get a residency?

You need to invest at least 250,000 EUR in culture, 500,000 EUR in funds or research, or support a business that employs at least 10 full-time workers in Portugal.

4Can I work in Portugal with Golden Visa?

Yes, a Portuguese Golden Visa gives the right to work in Portugal to non-EU citizens.

5Can I study in Portugal with a Golden Visa?

Yes, non-EU citizens can study in Portugal with a Golden Visa.

6How long does the Golden Visa application process take?

Currently, Golden Visa applications may take up to 24 months from submission to the issuance of the residence permit.

7How long can I live in Portugal with a Golden Visa?

Portuguese Golden Visa gives residency in Portugal for a total of five years. After five years of residency, visa holders can apply for Portuguese citizenship.

8Do I Need a Schengen Visa to Travel if I get a Portuguese Golden Visa?

No, Golden Visa holders can travel visa-free between the countries in the Schengen Zone.

9How Will I Prove My Investment for the Golden Visa Application?

The required proof of investment depends on the type of investment made. For capital investments, bank statements or equivalent financial documents are needed. For investments in funds, official subscription confirmations and bank transfer receipts are required. Business investments may require company registration documents and employment records. Exact documentation varies based on the investment category and must comply with Portuguese authorities’ requirements.

10Can I Bring My Family to Portugal if I have Golden Visa?

Yes, Golden Visa holders can also apply with their spouses, children below the age of 18, and their dependent parents above 65 years old.

11Do I Need a Tax Number for a Golden Visa in Portugal?

Yes, every applicant needs a Portuguese tax number to apply for a Golden Visa.

12Does the Golden Visa program give your relatives also permission?

Yes, the first-degree family members of Golden Visa holders, including spouses, dependent children under 18, and parents above 65 years of age can benefit from the Golden Visa.

13How Long Should I Keep My Investment in Portugal for Golden Visa?

Investors should keep the investments acquired for Golden Visa for at least five years in their possessions.

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Apply for Golden Visa!

The procedures for Golden Visa applications are simple and easy to follow if you are familiar with the procedures. However, the application requires significant attention since it’s a collaborative process that includes legal transactions. Also, once you get denied, it will make future applications harder to get approved so there is no room for error.

It would be beneficial to work with trusted experts during the application period. It ensures that you follow all the procedures by the book. Your application may be denied depending on certain factors. By working with experts, you can lower the chance of deniability since all legal requirements would be closely followed and guided by professionals.

At Tekce Visa, we aim to help our clients to start their dream life in Portugal. Our legal experts with full knowledge and great experience in Golden Visa applications are ready to guide you from A to Z. Contact our representatives to get more information and start your procedures today!