What Is Portugal’s Golden Visa Program?

The Portugal Golden Visa is a residence visa issued to non-EU nationals who have made a significant investment in Portugal, such as purchasing real estate, making a capital investment, or creating employment opportunities.

How does the Portugal golden visa work?

To get the Portuguese Golden Visa permanent residence, you must make and maintain your qualifying investment for a minimum of five years. You must also spend a minimum of seven days in Portugal for the first year, then no less than 14 days each subsequent two-year period (this is called the stay requirement).

What are the benefits of a Portuguese Golden Visa?

The Portuguese Golden Visa allows you to live, work, and study in Portugal. If you decide to live in Portugal full-time with this permit, then you will be required to have medical insurance. You will, however, have full access to all public services including healthcare and education.

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What is the minimum investment for Golden visa in Portugal?

A: The Portugal Golden Visa allows considerable freedom in each type of investment. It requires a minimum investment of €250,000 and you can choose from a range of investment routes. Most investors choose the Real Estate investment option (we will list the options below).

How do I get a golden visa for Portugal citizenship?

What are Portugal Golden Visa Requirements for India?

  1. Must be at least 18 years old.
  2. Invest in a property/Real Estate €280,000 (Indian INR 2.6 Cr) in Portugal – OR.
  3. Creation of 10 permanent jobs – OR.
  4. Capital transfer – a minimum investment of €250,000 (Indian INR 2.2 Cr)

What is the point of a Golden Visa?

The Golden Visa. The term “Golden Visa” refers to a program, offered by numerous countries in Europe and elsewhere, that provides a path to residency and eventually citizenship through investment.

How long does the Golden Visa last?

The Golden Visa which you receive at the Embassy will be valid for one year. During this year, you have to enter Spain and exchange your visa for a Spain residence permit, which will be valid for two years.

How much does Portugal golden visa cost?

Portuguese golden visa costs The costs of getting a Portuguese golden visa include the following: Processing fee (application and renewal): €514.80 (plus €80.20 per family member) Initial golden visa: €5,147.80. Initial golden visa for family members: €5,147.80.

Can I work on Golden visa?

Once you become a citizen, you can live and work anywhere in the EU/EEA and get the world’s 4th best passport for nomads and global citizens. The program is NOT blacklisted by the OECD, unlike many other Golden Visa programs.

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How much does Golden visa cost?

What is the Golden Visa UAE Price? A five-year UAE Golden Visa will cost you AED 650. AED 150 will be charged for application and AED 500 for issuance. The 10 year Golden Visa UAE will cost you AED 1,150.

How many golden visas has Portugal issued?

According to Portugal’s Golden Visa figures, 1,182 main applicants were granted the residence permit in 2020. In the same year 2,043 dependents also received the Golden Visa. 1,094 of these main applicants applied via the real estate property purchasing route, investing €588m EUR in 2020.

How long can I stay in Portugal with a golden visa?

The Portugal Golden Visa is initially valid for one year. You can then continue to renew it for two-year periods, provided that you have maintained your investment. After five years (1+2+2) you become eligible for permanent residence or citizenship.

How long is Portuguese Golden Visa?

It can take up to 12 months from the date of your initial investment trip before you receive your first temporary residency card. Once you hold a residency card, you have visa-free access to Schengen states and are allowed to legally live and work in Portugal for as long as that residency card is valid.

How do I become a Portuguese citizen in 2021?

No, you can’t buy Portuguese citizenship. However, you can obtain residency through investing in Portugal, and then apply for citizenship in five years. Investors can choose to make a property investment, a subscription in an investment fund, or a capital transfer to a Portuguese bank account.

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Can I get a Golden Visa with a mortgage?

Yes. You can take a mortgage to pay for your Golden Visa investment, as long as the minimum investment threshold is met without a mortgage.

How long do you have to live in Portugal to become a citizen?

If you want to live in Portugal long-term or permanently, you will need to apply for Portuguese citizenship or Portuguese permanent residency. Portuguese permanent residence is available after five years of residence, while citizenship is available after six years, or three years if claiming citizenship by marriage.

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