Golden Visa Portugal

The Golden Visa Program in Portugal grants a Golden Residence Permit for non-EU nationals. This Golden Card permits the right to live, work, and study in Portugal and free travel around Europe’s Schengen Area. You must hold the investment for 5 years and visit the country 7 days per year or 14 days every 2 years to comply with the terms and conditions. This is a golden opportunity not to be missed as it offers a Portuguese Passport application at the end of the 5^th year which is for life.

For those who may be seeking EU citizenship and Portuguese residency, the Golden Visa investment programme is the perfect opportunity for current non-EU nationals. This incredible investment programme, allows you to secure citizenship for the entire family without ever having to make the move to Portugal. When you contact Niamh here at Property Chic, she will guide you through every step of the process and will ensure that you receive the best personal service from first contact through to completion of investment. 

The Portuguese Golden Visa scheme can allow you and your family to live, work or study in Portugal without any restrictions on travel across 185 countries. 

How the Portuguese Golden Visa Scheme Works

There are a number of terms and conditions that need to be met in order to qualify for the Portuguese Golden Visa:

Applicants must invest a minimum of €500,000 into properties that are covered under the Golden Visa Investment Scheme. These will typically include commercial real estate, funds or nominated residential properties that qualify for the scheme. This investment must be held and secured for a minimum of five years. 

The relevant family members will need to be submitted for consideration under one application form, and any member of the family can apply. Upon application acceptance, you and your family members will be required to spend a minimum of 7 days per year in the country, this scheme does not require that you reside in the country on a permanent basis. 

Upon acceptance of your application, you will be entitled to work, live or study in the EU with immediate effect. As an EU Citizen, you may now also avail of subsidised university rates for all members of the family. 

Holders of a Portuguese Golden Visa can also avail of benefits when reuniting family members. The family members listed below will be permitted to join the Golden Visa holder in Portugal with eligibility for citizenship after 6 years and permanent residence after just 5 years. This is an immense benefit for those who wish to reunite with family members in a safe, legal manner. The following family members can be included in this family reunion scheme:

• Spouse of Golden Visa holder
• Minor dependent or adopted children of the visa holder
• Children who are studying and dependant on the visa holder
• Dependant parents or parents-in-law of the visa holder
• Dependant siblings under guardianship of the visa holder
• Gay couples

What is Involved in the Portuguese Golden Visa Application Process?

Timeframe for Portuguese Golden Visa Application:

• Allow 4-8 weeks for your lawyer to open bank account, gather documentation, select an investment and provide you with a Portuguese tax number.
• Following your biometrics appointment, it is advised that the process of approval will take between 3-6 months.

Renewing your Portuguese Golden Visa:

• Your first Portuguese residency card will be valid for a period of 2 years.
• The subsequent 2^nd and 3^rd residency cards will be valid for 1 year each and will require renewal at the end of each 12 month period.
• Upon completion of the 5^th year holding a residency card, an application for a Portuguese passport will then be possible. 

Some interesting information to help you make that all-important choice:

Did you know that since 2012, over 10,000 Portuguese resident permits have been issued to non-national investors? This incredible opportunity has also allowed over 17,000 family members to avail of the many benefits that are accessible to Golden Visa holders and their dependents. 

90% of Golden Visa applicants choose to access the scheme through real estate investments, resulting in over €554,598,242 in investments since 2012 and €614,787,450 in fund investments. 

Why choose Portugal for your Golden Visa?

• Ranked number one amongst expats for European living.
• Master’s Degree in Information Management is ranked as number one globally.
• Consistently ranked as the best European travel destination.
• Latest polls show that Portugal is the third safest country to live in Europe.
• Ranked 4^th in Europe for global citizens in terms of passport benefits, and 5^th worldwide.
• The 6^th most affordable country in the EU zone, with one of the lowest organised crime rates in the world.
• Ranked in 10^th place globally for democracy.
• The 12^th best healthcare system globally.

To avail of the many benefits that come with a Portuguese Golden Visa, please get in touch with Niamh here at Property Chic. Niamh will talk you through the process and if necessary introduce you to a Portuguese lawyer who has vast experience in the area of Golden Visa applications. Start a new life now for you and your family and realise the many benefits of EU citizenship.