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Portugal Golden Visa

Affordable route to EU citizenship

Portugal Golden Visa

Affordable route to EU citizenship

About the Portugal Golden Visa Program

Portugal Golden Visa Program:

The Portugal Golden Visa program has been running since 2012 and has become the most popular residence by investment program. It allows qualified applicants to obtain residency status in Portugal without the need to live in Portugal. This program is an ideal solution for clients wishing to receive the freedom to live and work in the EU without compromising their current lifestyle.

Applicants are required to visit Portugal for at least for 7 days in the first year after receiving the Golden visa and no less than 14 days in each subsequent 2-year period.

To qualify for the Portuguese Golden visa, investors can choose to purchase property in Portugal for a minimum of €280,000- €500,000.

Alternatively, clients can choose to make an investment of at least €1m, which may include the purchase of shares in a company listed on the Portuguese stock exchange or a bank deposit for 5 years.

Another available option for applicants is to create 30 jobs in Portugal or to invest €250,000 in support of artistic output or maintenance of national heritage.

The investment must be maintained for at least five years after the Golden Visa is granted.

The Golden visa must be renewed at the end of the first and third year. Permanent residence status is granted after five years. Applicants can apply for citizenship after six years of holding the Golden visa of Portugal if they fulfil all the necessary program requirements.

Portugal:

Portugal is a member of the European Union located mostly in the Iberian Peninsula, in southwestern Europe. It borders to the west and south by the Atlantic Ocean and to the north and east by Spain. Portugal also includes the Atlantic archipelagos of the Azores and Madeira, which are both autonomous regions with their own regional governments.

It is a developed country with an advanced economy and high living standards.

Citizens of Portugal travel visa-free to over 180 countries.

 

Benefits of Portuguese Golden visa

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Live, work, study in Portugal and travel visa-free in Schengen zone

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Over 180 countries visa free once you are a citizen of Portugal

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Attractive personal tax options via the non-habitual tax regime

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Investment options from as little as €250,000

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Dual citizenship is permitted

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Residency can be granted within 6-10 months

Investment Options:

Property purchase:

The investment thresholds under the real estate option:

1. A real estate purchase with a minimum value of €500,000 in any part of Portugal

2. A real estate purchase with a minimum value of €350,000 of properties that were constructed over 30 years ago or in an area of urban regeneration, including the costs of renovations. If the property is in a “low-density area”, minimum requirement gets reduced to €280,000.

 

Capital transfer:

3. €250,000 in support of artistic output or maintenance of national heritage

4. €350,000 invested in research carried out by public or private scientific research institutions that are part of the Portuguese scientific and technological system

5. €350,000 to acquire units in investment or venture capital funds aimed at providing capital to companies that meet certain requirements in Portugal

6. Transfer capital of at least €350,000, to incorporate or increase the share capital of a company with registered office in Portugal, together with the creation of five permanent jobs, for a period of three years.

7. €1 million capital transfer to a Portuguese bank

Job creation:

8. Create a minimum of 10 new employment positions

Requirements

  • No previous criminal record
  • Main applicant – over 18 years old
  • Have a legitimate source of wealth
  • Good character
  • Have available the required investment funds
  • The program is available for non-EU nationals only

Who else can be included in the citizenship application:

  • Spouse of the main applicant
  • Dependent children of the main applicant and spouse below 18 years old
  • Children up to 26 years old who are financially dependent on parents, not married and are in full time education
  • Dependent parents of the main applicant and spouse who are financially dependent on the main applicant

Application proccess

  • Initial consultation

    Initial free consultation with one of the GLS experts

  • Program information and due diligence check

    Detailed fee schedule and a free of charge preliminary due diligence check

  • Client agreement and retainer fee payment

    Signing of the client agreement and payment of the retainer fee

  • Preparation of the documents

    GLS experts will assist you with the whole procedure of the documents’ preparation, including the translation, notarisation and apostille of the relevant documents

  • Payment of the additional fees

    ayment of the remaining fee for the legal services of GLS and other fees associated with Golden visa application

  • Submission of the application

    You will need to have 1 visit tot Portugal before we can submit the application to have biometrics taken. We will also secure your investment during this stage

  • 1 year Golden visa program permit

    Your Portuguese ID will be ready in around 6-10 months after the application. We will courier the ID to your preferred address or in person, depending on what is more convenient for you

  • 2 year Golden visa permit

    In a year after the first Golden visa we will assist you in obtaining the Golden visa for further 2 years

  • 2 year Golden visa permit

    3 years after your initial application we will assist you in obtaining the Golden visa for further 2 years

  • Permanent residence

    After holding your Golden visa for 5 years we will assist you with applying for Permanent residence

  • Citizenship

    After 6 years of fulfilling all the necessary requirements you may be eligible for Portuguese citizenship

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Portugal

Capital:
Lisbon
Area:
92,212 km2
Population:
10,29 million people
GDP:
$217,6 billion
Language :
Portuguese
Fun fact:
The biggest wave ever surfed was in Portugal in 2011. Its height was 24 meters

F.A.Q.

Does Portugal allow dual citizenship?
Yes, dual citizenship is allowed with Portuguese passport
Do I have to relocate to Portugal to be able to get the Portuguese Golden visa?
No, applicants are required to visit Portugal for at least 7 days in the first year after receiving the Golden visa and no less than 14 days in each subsequent 2 year period
In what language should the documents be to apply for the Portuguese Golden visa?
All the documents can be either in English or in Portuguese
Citizens of what countries would not be able to get Portuguese Golden visa?
Citizens of all countries can apply for Portuguese Golden visa.

Contact Us

GLS Private Office offers global lifestyle solutions to established business people and their families. GLS operates as a one-stop shop and is a single point of contact for wealthy families with a global mind-set. The company takes care of every need of its globally minded clients: from obtaining a second citizenship/residence by investment to finding the best schools for children’s education, global property acquisition, succession planning and many more. Ancillary services provided by GLS are limited to the extent of a client wish. Anything that can be priced, qualified and quantified GLS are ready to research, negotiate and manage.

Contact us and we will get back to you as soon as possible

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