The Portuguese golden visa is your easy path towards becoming a permanent resident in Europe’s most attractive expatriate destination. The visa allows you to live, work, and own property in the country like a resident as you move towards attaining full citizenship. What are the golden visa Portugal requirements and who is eligible?
What You Need to Do to Get the Portuguese Golden Visa
Investing in Portugal
You can kick off your golden visa and permanent residence journey in Portugal by meeting any of the following investment requirements:
Real estate investments worth at least 500,000 euros or even 350,000 will make you eligible for the golden visa program. You must hold the property for at least 5 years.
Another option is to commit at least a million Euros into capital investments such as bank deposits, company shares, or bonds.
The third option is to have made an investment into a private equity fund or venture capital. This could entail investing in an already set up Portuguese private company as an angel investor.
Those interested in scientific research can make a one-time investment in any institution or organization involved in research that is eligible for the golden visa program.
The golden visa Portugal 35000 plan also allows you to acquire residency by investing 350000 Euros towards the government’s regeneration project. This basically allows you to buy old but culturally significant real estate property that is over 30 years old and renovate it.
Golden Visa Portugal Requirements- Miscellaneous Investment Requirements
- The investment you make must be private in nature. You cannot use a foreign-registered company or another investment vehicle.
- You must invest in an approved Portuguese location/territory. Some investment options like the 350,000-visa route may have additional location specifications for cultural significance.
- You can purchase any type of property, including commercial, residential and agricultural.
- Capital investments like shares must be made on Portuguese registered entities. You cannot invest in foreign-owned entities for eligibility to the golden visa Portugal program.
Other golden visa Portugal requirements concerning the applicant include not being an EU, Swiss, EEA, and of course, a Portuguese citizen. You shouldn’t have any criminal record and have entry issues to countries within the Schengen area.