Portugal citizenship

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Portugal citizenship

What Happens in The Year Five? – What Are The Chinese Applicantsfor The Portuguese Golden Visa Program Watching and Waiting for?

What Happens in The Year Five?

To put it simply, the Portuguese Golden Visa program allows its investors to apply for permanent residency after five years and, until recently, for citizenship after six. The Portuguese Golden Visa program was introduced back in the late 2012 and the first applicants for the program – counting five hundred or so investors – have received their initial residence permits back in the year of 2013. Five years later, we have now reached the point where the first of those applicants are beginning to receive their permanent residency permits.
The applications for the full Portuguese citizenship that are sure to follow shortly after are the ones even more heavily anticipated – Considering that the promise of potential citizenship is one of the primary motivational factors for many investors who take part in the Portuguese Golden visa program, this is, without a doubt, a defining moment of time in the history of the Portuguese Golden Visa program. In the months ahead, we can expect to finally know for sure the answers to the following questions:
– Can one successfully apply for permanent residency or citizenship in the country of Portugal after participating in the Portuguese Golden Visa program, and after physically residing in the country for only seven days a year?
– What are the other requirements that one must meet in order to successfully apply for permanent residency or citizenship in the country of Portugal?
– How well must one speak the Portuguese in order to successfully apply for permanent residency or citizenship in the country of Portugal?
– Is the process of successfully applying for permanent residency or citizenship in the country of Portugal as easy as it is claimed to be?
– What are the real costs of successfully applying for permanent residency or citizenship in the country of Portugal, both government and legal costs?
It is likely that all of these questions will be answered over the next few months and that a clear-cut application process for both the permanent residency permits and the full citizenship will finally be fully defined.
In the meantime, it is fair to say that a lot surrounding the Portuguese Golden Visa program hangs in the balance and one could easily be forgiven for being cautious and assessing “the lay of the land” first before making any serious commitments to the Portuguese Golden Visa program.

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