Portugal’s Golden Visa Program
Portugal’s Golden Visa Program gained popularity among residency programs in the EU very early on and as a result has seen a high influx of applicants
Investors can participate in Portugal’s Golden Visa program by acquiring at least €500,000 of real estate in Portugal. However, other equally attractive options exist, including the acquisition of property in need of restoration, or investments in ventures and startups. Due to the popularity of the program, investors should expect to receive their residencies within roughly nine months of submitting their paperwork, as the influx of applications has caused bottlenecks.
Portugal’s Golden Visa provides investors and their immediate family members with many benefits including visa-free travel throughout the Schengen area, the ability to work in Portugal, access to the Portuguese healthcare system, and public and private schooling for their children at local rates.
In addition, investors may apply for permanent residence after five years of Golden Visa provided that minimum physical presence requirements are met. Following one year of permanent residence, investors may qualify for citizenship if they demonstrate active involvement in Portuguese society and have fulfilled minimum language and physical presence requirements.
Sununu offers a full-service solution which includes providing legal advice, assistance with the selection of property and securities, and financing through its network of banking partners. Call to learn more about this popular residency program.
Portugal's programrequirementsat a glance
In addition to meeting the minimum investment criteria, applicants must maintain adequate healthcare insurance and produce a clean criminal record, birth and marriage certificates
€500,000 investment in real estate, anywhere in Portugal
Children under 25 who are financially dependent together with your spouse and economically dependent parents are included
9 months to residency for the applicant and dependents
Travel the Schengen area without the need for a visa
No language requirement or taxation on foreign earned income, but investors should factor in at least 7 day visits per annum
Access broad benefits including healthcare, education, banking and work permission
Route to permanent residence and naturalization provided certain language and physical presence requirements are met
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