Portugal Golden Visa Program - Worldwide Residency

Portugal may have Europe’s best climate. Having plentiful hours of sunshine, it is no wonder Portuguese residents are nature lovers with their beautiful beaches, national parks, historical landmarks and music festivals.

Most Portuguese speak English and they are very welcoming and easy going people. It’s all about sun, food and friendships!

Portugal golden visa program will allow you and your family to experience Portuguese’ hospitality in the long term. You can live, study, work or retire anywhere in Portugal.

Portugal Golden Visa

Resident Permit Program Highlights:

Portugal only requires a minimum of seven (7) days of physical residence in the first year, and 14 days every two years thereafter;
One of the easiest and cheapest way by investing in properties from as low as €350,000;
Aged parents and children can be included in the application;
Schengen Region Member.

Portugal Real Estate Investment Requirements

Applicants may acquire property valued at €500,000 or more; or
Applicants may acquire property valued at €280,000 or more for properties more than 30 years old or located in urban regeneration areas designated for renovating.
Hold for 5 years.

Time to Portugal Residency

Application will take about 3-6 months.

After 5 years residency, applicant may apply for citizenship.

Portugal Golden Visa Residency Process

Portugal Stay Requirements

Portugal only requires a minimum of seven (7) days of physical residence in the first year, and 14 days every two years thereafter.

Family

Qualifying family members include spouse and all children under 18. Children 18 and over can qualify if in full or part-time education and dependent. Parents aged 66 and over also qualify without the need to prove dependency.

Portugal Tax Benefits

Investors will only be taxed on their worldwide income if they are residents in Portugal for over 183 days in any year.

Once you obtained your golden visa, you qualify for the Portuguese Non-Habitual Tax Regime(NHR), which grants you favorable tax for 10 years.

Summary

In our opinion, this Portugal property investment program is one of the cheapest and straightforward pathway to Portuguese residency. You do not need to donate unlike few other golden visa programs that may require some donations.

Properties in Portugal have been rising and investing in Portugal may offer the best value for EU residency you can get and at the same time getting a good return! Moreover, after 5 years, you may apply for citizenship!

As Portugal is very popular with investors, the government is contemplating to close their 2 main cities, Lisbon and Porto to the golden visa investors. Before this happens, would be investors might want to apply for their residency as soon as possible.