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Portugal Golden Visa - Residency By Investment Program

Processing Time

12-18 months

CONTRIBUTION OR REAL ESTATE

€ 200,000 EUR

VISA-FREE ACCESS TO

Schengen Countries

Portugal Golden Visa - Residency By Investment Program

The Portugal Residency Program is known as the Golden Residence Permit (GRP), in which it grants a Golden Visa, or a residency. to non-EU nationals looking to invest in Portugal. The golden visa will be valid for 5 years and is renewable, after which the applicant can apply for permanent residency, and then for citizenship a year later, however, after passing a basic language test in the Portuguese language.

How to obtain Portugal Golden Visa

Make one of the following capital contributions:

  1. Contribution of €250,000 to support artistic production or the preservation of national heritage (€200,000 in a less populated area)
  2. A donation of 500,000 euros for activities carried out by public or private scientific research institutions
  3. Invest €500,000 in Portuguese mutual funds or venture capital funds.

 

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Processing Time

12-18 months

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Investment fund From

€ 200,000 EUR

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Visa-Free Travel Within

Schengen Countries

Portugal Residency by Investment Options

The Portugal Residency Program is known as the Golden Residence Permit (GRP), in which it grants a Golden Visa, or a residency, to non-EU nationals looking to invest in Portugal. The golden visa will be valid for 5 years and is renewable, after which the applicant can apply for permanent residency, and then for citizenship a year later however after passing a basic language test in the Portuguese language.

€250,000

Contribution of €250,000 to Support Artistic Production

Or

the Preservation of National Heritage (€200,000 in a Less Populated Area)


To secure legal residency in Portugal through this contribution route, you must contribute €250,000. If you choose to support artistic production or the preservation of national heritage in a less populated area, the required amount is €200,000.

€500,000

Scientific Research Activities


To secure legal residency in Portugal through this contribution route, you must donate a minimum of €500,000 for activities carried out by public or private scientific research institutions..

€500,000

Invest €500,000 in Portuguese Mutual Funds

Or

Venture Capital Funds


To secure legal residency in Portugal through this investment route, you are required to transfer a minimum of €500,000 into Portuguese mutual funds or venture capital funds.

Why Choose Portugal?

  • Access and opportunity: As part of the European Union, you will have access to every EU country and be free to live and work there.
  • Natural beauty and ideal climate: Portugal boasts stunning natural beauty and an ideal climate, situated on the Iberian Peninsula with coast along Atlantic Ocean and boasting numerous stunning beaches and mountains that welcome tourists all year-round.
  • Affordability and quality of life: Portugal offers an affordable place to live. Portugal boasts lower costs of living than many European nations, making it an attractive option.
  • Laidback lifestyle and joyful culture: Portuguese culture embraces an easygoing and joyful approach to life. They’re well known for being laidback and enjoying every minute.
  • Safety and security: Portugal is an exceptionally safe country, boasting an exceptionally low crime rate.
  • Top-notch health care system: Portugal boasts an excellent healthcare system. Their universal healthcare system, funded by the state, makes for exceptional healthcare provision. 

Cost of living in Portugal

Housing

Housing costs in Portugal depend heavily on location and size; one-bedroom apartments in central Lisbon cost roughly EUR1,000 monthly, while similar units in smaller towns could run around EUR600 monthly.

Food

Portugal boasts a relatively affordable cost of living; restaurant meals may only set you back EUR15, while groceries can typically cost about EUR300 per month for two people living together.

Transportation 

Portugal’s public transportation is efficient and economical; an annual Lisbon pass typically costs EUR40.

Utilities

Utility costs in Portugal are relatively affordable; an apartment of up to four rooms has an estimated monthly utility bill of roughly 100 Euros.

Healthcare 

Portugal offers excellent and affordable healthcare, with private health insurance plans starting at just €30 per month. The country’s public healthcare system provides low-cost services and medications, and even medical tourism expenses are significantly lower than in the US, making procedures like cosmetic surgery much more cost-effective.

Portugal boasts one of the lowest costs of living among European nations, making life easy on an income of EUR 1,500 monthly for single individuals.

Key Facts

Capital

Lisbon

Languages

Portuguese | Mirandese

Currency

Euro (EUR)

Population

10,247,605 (2024)

What are the eligibility criteria to apply for the Portugal Golden Visa?

  • Minimum networth €200,000 
  • No criminal record 
  • Age 18 years old and above 
  • No deportations / Visa refusals 
  • Language requirement (for citizenship, not required for residency)

Portugal Golden Visa Required Documents

To streamline the information, we have compiled a selection of the required documents for the Portugal Golden Visa application. If you would like to receive the complete list of all necessary documents, please don’t hesitate to get in touch with us. Here is the partial list of required documents:

  1. Government application forms (to be provided by Migrate World)
  2. A copy the main page of the passport of the main applicant (Certified by a Notary or lawyer in the country of origin)
  3. Proof of residence of the main Golden Visa applicant – Copy of a Utility bill in the country of origin 
  4. A duly dated and signed Curriculum vitae of main GV applicant.
  5. Source of funds/source of wealth for main applicant and spouse – supporting documentation, such as bank reference letters in English, pertaining to the source of funds/source of wealth – (If income is from savings, investments, employment)
  6. Proof of occupation/profession – of the main applicant and spouse
  7. Criminal Clearance Record or Police Clearance Certificate, dated less than 3 months ago, and certified by the Portuguese embassy for all applicants 16 years old and above
  8. Statement of Commitment of Honor (to be drafted by Migrate World)
  9. Evidence of means of subsistence – copies of updated bank statements and credit card statements accompanied by bank reference letters in English for the main applicant and spouse.

How Many Dependents Can be Included in a Single Application?

The main applicant for the Portugal Golden Visa program has the opportunity to include their spouse, dependent children under 18 years old, as well as parents aged 66 years and above, in their application.

Starting investment for Portugal residency is € 500,000

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    Step by Step procedures and time frame for obtaining residency in Portugal

    • Initial Consultation

    The first step is a complimentary consultation with us, where we explain all the different options available.

    • Preliminary Check

    Migrate World performs a preliminary security check, before officially making any agreement as a guarantee that the applicant’s record is clean from any case that the government might reject his/her application for.

    • Agreement and Fees

    Fees include legal, due diligence, government, and application processing fees.

    • Collect Documents and Information.

    We will help obtain/translate and authenticate all necessary documents. A file is then prepared and submitted for the opening of the local bank account and fund subscription.

    • Obtain Portuguese Tax Number

    Migrate World will assist you in obtaining a Portuguese non- resident tax number for all family members over the age of 18.

    • Open a Local Bank Account

    Migrate World will assist you in opening a local bank account, and there is no requirement to travel to Portugal in order to do so.

    • Portugal Trip

    The applicant visits Portugal to view properties (optional) and/or to sign legal documents. (if required).

    • Transfer of Investment

    The applicant fulfills his investment purposes (transfers investment funds or purchases Real Estate)

    • Collect Documents and Information (Golden Visa Application)

    We will help obtain/translate and authenticate all necessary documents: A file is then prepared and submitted online to SEF (Portuguese Immigration and Border Services).

    • Collection of Biometric Data

    Once the Golden Visa application has been submitted online and analyzed by SEF, we will be notified by SEF to schedule a date for the applicant to come to Portugal for the collection of biometric data.

    • Issuance of Golden Visa Residence Card

    This process will take a few weeks. The Golden Visa Residence Card will be valid for one year.

    •  Renewal of Residency

    After receiving the Golden Visa Residence Card, the first renewal will be at the end of the first year. The second renewal will take place at the end of the third year, and the third renewal will take place at the end of the fifth year. Separate legal and processing fees apply.

    • Application for Citizenship

    The applicant and his dependents can apply for citizenship after five years of residency. A basic Portuguese language exam is required at the time of citizenship application.

    NOTE: The timeline is an estimate only, processing time depends on the complexity of each file.

    How do I avoid mistakes when applying for a Portugal Golden Visa?

    When embarking on the journey to obtain residency in Portugal, entrusting your application to a reputable migration agency like Migrate World can be the strategic advantage you need. Our seasoned experts are well-versed in the intricate details of the application process, ensuring meticulous adherence to the country’s stringent requirements. With a track record of successful outcomes, Migrate World offers personalized assistance, saving you valuable time and minimizing the risk of errors that could delay or hinder your application. As your dedicated partner, we not only simplify the complexities but also provide you with up-to-date insights, empowering you to make informed decisions. 

    Program Summary

    Learn more about the country and it's citizenship by investment.

      Similar Residence by Investment Programs

      Portugal's Golden Visa Benefits

      • Minimal residency obligation (7 days per year for 5 years) 
      • Residency allows visa-free travel within Schengen zone 
      • Right to apply citizenship after 5 years of holding residency
      • Citizenship allows visa-free access to 185+ countries (UK, EU, Canada, and USA)
      • Inclusion of dependent children below 18 years old and parents 66 years and above
      • Clear tax rules with special programs for non-habitual residents
      • Ranked among the best countries for doing business
      • Basic Portuguese language skills required

      How can the Migrate World Help You?

      Migrate World team offers essential support to clients pursuing the Portugal Golden Visa. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining  residency in Portugal. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.

      Comparing Residency by Investment Countries

      Similar Citizenship by Investment Programs

      Does Portugal provides Golden Visa?

      Yes, Portugal offers a Golden Visa program. The Portugal Golden Visa in a residency-by-investment program that allows non-European Union citizens and their families to obtain a residence permit by investing in Portugal.

      Schedule a meeting with us 

      Frequently Asked Questions

      Indeed, once you obtain a Golden Visa, you become eligible to apply for citizenship after a period of five years.

      Yes, the Portugal Golden Visa provides visa-free movement within the Schengen Area. Golden Visa holders are typically allowed to stay in the Schengen Area for up to 90 days within a 180-day period for purposes such as tourism, business activities, and visiting family and friends, without the need for a separate Schengen visa.

      Yes, the countries that are part of the Schengen Area are: Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Iceland, Italy, Croatia, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

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