Unlike other such possibilities in Europe, Portugal is offering investors the ability to not only receive temporary residency, but by fulfilling the conditions of maintaining the investment and staying a minimum period of time in the country, investors can also claim permanent residency and EU citizenship.
You and your family will not only have have the right to live in Portugal year-round, you will also be able to travel for an unlimited period of time in Schengen countries.
Through a single investment package, residency in Portugal is available also to your spouse, children under 18, and dependent adult children enrolled in higher education.
To keep your status as a resident, you only need to stay in Portugal for 7 days in a year, which can easily be done over a vacation or business trip.
Maintaining your investment and meeting the rules on minimum stay in the country will allow you to eventually receive permanent residency and Portuguese citizenship (to receive citizenship you must pass a language test).
To participate in the Portugal Golden Visa program, an investor must purchase one or several items of real estate at a total value of 500,000 euro. The program allows the real estate items to be owned by multiple investors, on the condition that each investor invests at least 500,000 euro.
The terms for participating in the program can be met by means of a promissory contract with a deposit in the amount of 500,000 euro or more. This means that in order to obtain temporary residency, you need only a promissory contract, which should be registered at the Land Registry Office.
HIS/HER SPOUSE, CHILDREN
UNDER THE AGE OF 18
AND DEPENDENT CHILDREN OVER
THE AGE OF 18 WHO ARE STUDENTS
All candidates must lack a criminal record, they cannot have violated Schengen visa or customs rules, they must not be barred from entry into the EU, and they must not be subject to an inquiry in the SEF integrated information system.
CALCULATION IS BASED ON THE TOTAL VALUE OF YOUR REAL ESTATE
For family members’ applications
A signed declaration of good intentions by the applicant that he/she will keep the investment for at least 5 years.
Consultation on all possibilities and finer details of participating in the Portugal Golden Visa program
Drawing up a power of attorney
Opening a bank account in Portugal
Obtaining a Taxpayer Identification Number in Portugal
Providing contact with financial representation services
Providing our escrow account and related services (if necessary)
Analysis and check of all documents relating to real estate ownership
Preparation up of a reservation agreement
Preparation of a promissory contract
Registration of real estate ownership rights at the Land Registry Office and financial authorities
Representation of owner’s interests to public utilities (electricity, gas, water)
Acting as a trustee in all legal documents relating to the real estate
Preparation and submission of documents for temporary residency under the Golden Visa program
Accompanying your case for 5 years
Extension of resident status under the Golden Visa program
Support in obtaining Portuguese citizenship
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