Golden Visa Portugal
The Golden Visa Program in Portugal grants a Golden Residence Permit for non-EU nationals.
READ MORE
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 5th year which is for life and the best gift you give give your children.
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 making the whole process seemless.
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. After you receive your Portuguese Passport it opens up the doors for you can live in any one of 27 EU countries.
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 €500,000 into a regulated “Fund” Investment that are covered under the Golden Visa Investment Scheme. This investment must be held and secured for a minimum of five years to be able to make your Portuguese Passport Application.
All the family members can go under one application, 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, so you can still remain in your own country and have access to a EU Passport.
Once you receive your Golden Visa Cards, 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.
The Portuguese Golden Visa is available for all the family members. The family members listed below will be permitted to join the Golden Visa holder in Portugal with eligibility for citizenship after 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 the scheme.
Who can Apply Just under one Golden Visa Application
The very first step in the application process is to arrange a meeting with a Portuguese lawyer, who is well-versed in the Golden Visa process. This lawyer will undertake to gather all the necessary documentation to support your application and will organise a Portuguese tax number that can be used for the entire family. The lawyer will also assist the main applicant with opening a Portuguese bank account. Gathering all your paperwork requirements for you and your family and summiting you into the Golden Visa System.
We work with all the top lawyers and stay in the process until the end, so we can appoint the lawyers, arrange the meetings and make the process simple for you to proceed.
Once the above step has been completed, you will then move on to the investment part of your application. The investment requirement is €500,000 to select the best suitable Regulated “Fund” Investment for your requirement. The “Fund” Investments designed for the Golden Visa Purposes are all conservative funds, low risk, low return preserving the capital as it’s a family investment. The “Fund” route is the best choice for Golden Visa Investors for a number of reasons.
1-Cost Effective – There is No Tax on Fund Divideds,Capital Gains,Stamp Duty, Notary fees, Property tax, Co-ownershipcharges.
2-Fast, Simple, no time wasted as all due diligence has been carried out on all the “Funds” we promote therefore we have the green light from the lawyers and contracts are fast to approve.
3-Complete Hassle Free
We work with all the Top Funds in Portugal, and have selected the top 10 Funds and have done our due diligence. For us track record is very important, they must have a record of completing a fund, delivering results, and their fund must be regulated by the CMVA.
Once the funds have been deposited and your investment has been identified, your legal representative will then submit your Portuguese Golden Visa application, along with all supporting documentation for consideration. This process will be completed online through the SEF (Serviço de Estrangeiros).
The process can take between 1-1.5 years to receive your Golden Visa Cards.
The good news is you begin counting your 5 year passport application from the time you summit your Golden Visa application.
The biometrics appointment will require each family member attached to the application to be present for one day. At this appointment, fingerprints and facial scans will be captured from each individual at the offices of the SEF, where your lawyer will also be present.
Golden Visa cards can take anything between 1-1.5 years to be granted due to the back log and huge popularity of the Golden Visa applications. been processed.
Once you receive your Golden Visa cards, you can work, live and study in Portugal permantly.
The benefits are huge and it’s probably the best gift you can give your family.
The day your Golden Visa application is summited you count 5 years from there on to be able to make your passport application.
Once you receive your Portueguse Passport you can work, live, study in any European Country with your family.
You must provide the following documents to carry out the required steps towards your Golden Visa Application.
1-Tax Number:
Passport copies, Proof of Address, A declaration of your marital Status
2-Portuguese Bank Account: Passport copies, Proof of address, Proof of Employment, Tax Number from the country of residence. Curriculum Vitae, Tax declaration for the last filled year, Pay slips from the previous 3 months, Bank letter or statement proving you have the capacity €500k at your disposal to invest according to the type of investment
3-Criminal Record Certificate – Police Clearance: Depending on the country you live in the process to obtain proof of your criminal clearance will be very different. Check with your lawyer if you’re unsure and they will advise best. For Example for USA investors the process to apply for their Criminal Record Certificate is the following:
The FBI Criminal Record Certificate should be requested from their website on: https://www.fbi.gov/services/cjis/identity-history-summary-checks#Electronically-Submit%20a%20Request
Step 1: Complete the applicant information form
Step 2: Select your preferences
Step 3: Submit your fingerprints
Step 4: Submit payment
Step 5: Review and confirm your request
Step 6: Check request status
Step 7: Receive your results
The criminal record must be apostilled by the Department of State – Federal Authority: https://travel.state.gov/content/travel/en/records-and-authentications/authenticate-your-document/office-
of-authentications.html
COST
You have 3 costs involved
1- Govertment Golden Visa cards + Renewals in year 2&4
2-Legal Fees + Renewals in year 2&4
3-Annual Tax Returns
Total costs for 5 years for the following members:
1 Member of the Family: €29,837
2 Members of the Family: €44,374
3 Members of the Family: €57,711
4 Members of the Family: €71,048
5 Members of the Family: €84,385
Renewing your Portuguese Golden Visa:
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.
70% of Golden Visa applicants choose to invest in the “Fund” Route Investments rather than Real Estate due to the Fast track, Simple, Cost Effective and much more beneficial financially.
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.
You can contact us via the following details or send us a message on our Contact Us page.
Email: info@investpropertychic.com
UK: + 44 7824594766
