
Portugal
Portugal Golden Visa
1- About Portugal
Portugal is an EU and Schengen zone member and also a popular holiday location with ideal education and healthcare system. The capital of this country is Lisbon one of the most beautiful beachside cities in the world and their currency is Euro.
2- Why investing in Portugal?
• Short processing time (about 6 months)
• No need for language knowledge, education and management experience
• Visa Free travel within the Schengen zone
• Free education and health insurance
• The possibility of traveling without a visa to the US, Australia and Canada (after becoming a citizen)
• Residence permit for the whole family as well as children up to 26 years
• Minimum physical presence in Portugal (only 7 days per year. The applicant can apply for permanent residency and Portuguese citizenship after the 5th year).
• Annual investment interest of 3.5 to 4 percent
• Receiving citizenship status after five years of permanent residency
3- Eligibility
• Having at least 25 years’ old
• Applicants should not be citizens of other European countries
• A document stating that investment comes from outside of Portugal
• Not having any criminal record
• Paying processing fees
• At least one trip to Portugal at the beginning of the application
• Minimum obligation to stay in Portugal (seven days per year)
4- Investment Options
• Investing € 500,000 in small and medium-sized Portuguese companies
• Purchasing real estate for at least € 500,000
• Investing for renovation at a total price of € 350,000 (Cascais Boutique Hotel)
• Buying Properties for renovation at a total price of € 280,000
• Creation of a minimum of 10 jobs in Portugal
Click here to download Cascais Boutique Hotel brochure.
5- The procedure to receive Portugal’s Golden Visa
Step 1: Registering and sending the applicant’s basic information (passport, resume and initial forms)
Step 2: Applying for Portugal visa in order to visit Portugal with family
Step 3: Opening a bank account in Portugal under the name of the applicant and transferring funds to that account
Step 4: Paying government fees to the Portuguese bank
Step 5: Transferring the investment from the applicant’s bank account to the project’s bank account
Step 6: Receiving the immigration confirmation of the applicant
Step 7: Sending applicants passport to Portugal in order to obtain Portugal’s Golden Visa