As an EU member state, Portugal offers a high standard of living in terms of work, healthcare, climate, infrastructure, stability, safety, and education. One of Europe’s oldest countries, Portugal boasts a rich historical and architectural heritage.
Luminosity, radiance and culture beam through the white washed villages and lush vineyards of this country positioned on the blissfully elegant shores of the Atlantic Ocean. Portugal’s quality of life is a big draw for those looking to reside in or become a citizen of a European country.
Portugal launched the program in October 2012. The main objective was to attract international capital into the country, as it was much in need after the 2008 economic crisis. The program proved to be a great success, raising over €6 billion since then.
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BENEFITS
Unlock access to the wider Schengen area.
Minimal residency requirements.
Low tax burden for residents.
Best International healthcare facilities.
High quality of life and low crime rate.
You can be eligible to apply for Portuguese citizenship in five years. This is one of the quickest in Europe.
Visa free access to 180+ countries.
Investment Options
Real Estate Acquisition
Acquire real estate worth more than €500,000 in Portugal and if in a low-density area in Portugal, the minimum amount drops 20 percent to €400,000.
Acquire real estate that is older than 30 years old, in an urban rehabilitation area, and renovate it for a minimum of €350,000 in Portugal.
If in a low-density area in Portugal, the minimum amount drops 20 percent to €280,000.
The real estate acquisition does not need to pertain to one property necessarily. As long as the minimum amount is met in total, the transaction may include the purchase of multiple properties.
*Note that residential properties in Lisbon, Porto, and coastal towns of the mainland don’t qualify investors for a Portuguese Golden Visa. However, you can choose a commercial property in these locations and still qualify.
Capital Transfer
Capital transfer of a minimum of €1,5 million to Portugal.
Fund Subscription
A minimum of €500,000 subscription in a qualifying Portuguese fund.
Company
Creation of a minimum of 10 new full-time jobs in a Portuguese business that is owned by yourself as the main applicant.
Create a minimum of eight new full-time jobs in a Portuguese business formed in a low-density area in Portugal, owned by the main applicant.
Invest a minimum of €500,000 in an existing Portuguese business, where the incorporated business must create a minimum of five new full-time jobs for at least three years.
Donation
Invest a minimum of €250,000 in preserving national heritage in Portugal.
Invest a minimum of €500,000 in a research and development activity in Portugal.
QUALIFYING REQUIREMENTS
Hold no criminal record.
Enter Portugal for the first time on a valid Schengen visa.
Provide proof that investment funds originate from abroad.
Fulfill the minimum stay requirements (Seven days for the first year, 14 days for subsequent two-year periods).
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Disclaimer –
The Immigration by Investment programs are offered by My Global Citizenship™. The above timeline is an estimate provided for information purpose only based on experiences with past clients. Processing time and costs will vary depending on a number of factors. My Global Citizenship™ is not responsible for any changes to the estimations above; we can provide specific time and cost estimates on an individual basis.
Please talk to our Consultants for the most up-to-date information.
Fees charged by My Global Citizenship™ is excluding the government and legal entity fees. For residency and citizenship separate fees have to be paid to government at each stage. These fees depend on the number of applicants and the complexity of the process.
For Advisory fees charged by My Global Citizenship™ and exact quote based on your family combination, please contact us.
My Global Citizenship™ is a top immigration consultancy firm in India. We provide immigration guidance in second citizenship programs .
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