Golden Visa Portugal – Investment and Associated Requirements
Portugal Citizenship for the Investors
Portugal has established the Golden Visa program with an objective to encourage the investors from outside the EU. Golden Visa provides the investors from outside the EU, who invest the minimum amount required by law, with a fast and efficient path to obtaining Portuguese, and with it, EU citizenship. The Portiguese “Nationality by naturalization” legislation has undergone some significant changes in the recent yeats, in an attempt to make the program more simple, easier, and more attractive fot those investors who seek to obtain Portuguese citizenship. One of the major changes was the announcement by the SEF, the Portuguese immigration department, that the time of legal residence required for obtaining citizenship will be reduced from six years to five. The requirements for meeting the legal definition of residence in Portugal, are:
– The applicant must spent a minimum of 7 days in the country per year
– The applicant must be registered with the Poruguese Tax authoritees
– The applicant must be able to demonstrated sufficient knowledge of Portuguese language and culture
– The applicant mus have and provide evicence for a clean criminal record.
If the applicant meets all these requirements, once the five years of residency have passed, they are eligible for applying for a Portuguese passport. The Golden Visa program is one of the most favourable EU residency programs, as the others usually require a significantly longer period of residence.
The changes made to the program since 2017 have positively resulted is significant improvements in the processing times for the Golden Visa applications. The processing times for the first time applicants now take approximately 90 days, while taking only 60 days for renewals, according to the most recent reports.
According to GoldenVisa.com, those who hold a Portuguese Golden Visa are entitled to:
– Live and work in Portugal, provided they reside in Portugal for a minimum of seven days in the first year and 14 days each subsequent year.
– Visa-free entry to Schengen area countries
– Family reunion, meaning that certain family members can also obtain Portuguese residency
– Access to Portuguese healthcare and education
– Freely invest in Portuguese property.
These are some of the major factors that contribute to the popularity of the program, consequently making PropertyLisbon a favourite among the investors.
NEW 500K GOLDEN VISA PROPERTY
Incredible 4th floor apartment in the historical, noble and central Lapa district of Lisbon. This incredible 125m2 apartment features : 2 bedrooms with fitted storage, : 2 bathrooms : Lobby area , : Walk-in closit : Full length Balconies with incredible river views. : Underfloor heating sysyem : Compressed iced pipes cooling system. : Two […]
Large commercial property (functioning as a self storage unit.) 1633m2 of space in the popular Parish of Sao Vincent, Lisboa Fixed 10 year contract in place with existing tenent paying 3000 Euro per month. Contract ends in February of 2029 Owner is legally binded for the full duration of contract. The tenant can break this […]
Cascais is the premier holiday destination of the Lisbon Coastline. This is a traditional and charming Portuguese fishing town, which is responsibly developed into a popular resort town. Historically, Cascais was the summer retreat of the Portuguese nobility, and today the town is an elegant fusion of its illustrations heritage, with the expectations of the […]
Spacious and beautifully renovated apartment in Graça. Features a spacious living room, original hardwood floors, air conditioning, 3 bedrooms, one study room which can be used as an additional bedroom, 2 bathrooms (1 ensuite) and 6 balconies that provide plenty of natural light. There is also additional storage space and the building has a lift. […]
Located along the Douro River, Porto is Portugal’s second-biggest city and one of the oldest European centre, Porto was elected The Best European Destination by the Best European Destinations Agency. This new development is fully refurbished charming classical building, located in the heart of Porto downtown. Eligible for Golden Visa. Development Units: Property Name Property […]
Historic villa fully renovated according to its original features in Sintra. South facing, this property has stunning and panoramic views over the Sintra mountain and is located in the most trendy and premium areas in Colares. On the ground floor the property features a fully equipped kitchen, dining area, bathroom and an ensuite bedroom. The […]
Located in Lisbon Centre in the heart of Marques de Pombal, this renovated commercial unit has many accesses – near various Hotels, Business Buildings, Banks and near best view from the top of Parque Eduardo VII to the Tejo River! From the front-view, you have a great entrance with a wooden floor and a high […]
Investment opportunity in the heart of Lisbon, Baixa! Baixa is the main shopping and banking district that stretches from the riverfront to the main Avenue…Avenida da Liberdade. Located between Rossio and Praça do Comércio, Rua dos Douradoures is steeped of history. “Douradores” were the ancient craftsmen who wrapped of gold leaf; books, frames and other […]
Contemporary design villa situated on the hills of Óbidos Lagoon with stunning views of the Atlantic Ocean and the natural beauty of Óbidos Lagoon. In a plot with a total area of 5.805m2, will have a large outdoor space with garden and a 50m2 swimming pool. It will consist of 4 bedrooms (2 of them […]
2 bedroom apartments Lisbon 500,000 Golden visa with rental guarantee This development is not yet online and has already started receiving reservations so, please take a look and let us know if you would like to arrange a viewing or reserve an apartment here before you come over to view. It is unusual to find […]
Whole building renovation suitable for the 350,000 Golden visa Portugal This development is not yet online and has already started receiving reservations so, please take a look and let us know if you would like to arrange a viewing or reserve an apartment here before you come over to view. It is unusual to find […]
7 Bed Building suitable for multiple 350,000 Golden visas Portugal Right off Liberdade, find a traditional late 19th century bulding for complete refurbishment with original tile facade. 5 floors, on total 492 sqm construction area, comprising a garage on the ground floor, a 2 bedroom apartment with garden on the 1st, 2nd and 3rd floors […]
This beautiful 3 bedroom Duplex, located in Baixa, the most expensive and most visited area of Lisbon. It’s an amazing opportunity for investment or personal use. The building includes a lift . This Duplex is on the top floor, making it very bright and spacious. Book your visit today !
This 87 m2 shop is located in the best neightborhood of Lisbon. Located in the famous Baixa of Lisbon , is and amazing opurtonity for investemtns , with the highest Returns over Investments. This shop have the charm of Lisbon , but is a construction from 2019. Book your visit today!
Refurbished apartment available in the city centre of Lisbon, in Principe Real. It’s a two bedroom apartment with an open kitchen with a small living room. What’s magical about this place, is that on the back there is a terrace of 26 sqm, perfect for Lisbon since the sun exposure is great here. Take your […]
Brand new Chiado Lisbon apartments 1-2 beds from only 285,000 In between the fashionable Chiado neighbourhood and the cool river breeze, find your new apartment on a perfect combination of a pombalin traditional architecture with contemporary comfort. From a studio up to 2 bedroom apartments, This comprises of 19 residential units varying from 39sqm up […]
The Graça neighborhood is a central area in Lisbon close to Castelo de São Jorge. This neighborhood is known for its wonderful viewpoints and cool street art. A very typical area of Lisbon where it is possible to live the best experience the city has to offer. This apartment is a duplex completely refurbished that […]
This is a townhouse in Parede, Cascais. This needs to be fully refurbished and we can get estimate quotes through our After Sales department, which consolidates all the tools tailored for our overseas investors needs to make a fully secure and transparent investment in Portugal. 1st Floor: Independent entrance with 3 bedrooms, 1 kitchen, and […]