The Portugal Golden Visa program allows non-EU citizens to obtain residency through investment. Introduced in 2012, it requires eligible investments such as real estate or business creation.
The Portugal Golden Visa is a residency-by-investment program that allows non-EU nationals to obtain residency in Portugal by making a qualifying investment. The program aims to attract foreign investment and foster economic development in Portugal while offering investors and their families the benefits of residency.
Key Features of the Portugal Golden Visa:
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Investment Options: Applicants can choose from several investment options, including:
- Purchasing real estate with a minimum value.
- Transferring a specified amount of capital to Portugal.
- Creating jobs for Portuguese citizens.
- Investing in scientific or technological research.
- Contributing to cultural or artistic projects.
- Investing in approved Portuguese investment funds.
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Residency Benefits:
- Family Inclusion: The visa allows for the inclusion of family members, such as spouses and dependent children.
- Travel: Holders can travel freely within the Schengen Area.
- Path to Citizenship: The visa provides a pathway to permanent residency and citizenship after maintaining the investment and residency requirements for a specified period.
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Residency Requirements:
- Applicants are required to spend a minimum amount of time in Portugal—7 days in the first year and 14 days in subsequent two-year periods.
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Application Process:
- The application involves making the required investment, submitting necessary documentation, and undergoing background checks. Applications are processed by the Portuguese Immigration and Borders Service (SEF) or through legal representatives.
The Portugal Golden Visa offers a flexible route to residency with significant benefits, including ease of travel within Europe and the opportunity to secure long-term residency or citizenship.