Residency /
Citizenship by Investment
Citizenship by Investment
PORTUGAL CITIZENSHIP / RESIDENCY BY INVESTMENT
EU Residency & Citizenship: Security. Opportunity. Peace of mind.
Welcome! The Portugal Golden Residence Permit Program ("Portugal Golden Visa") is a six year investment-based residence process for non EU nationals.
The residence permit allows free circulation in the Schengen Zone of 26 European countries and only requires an average of seven days per year stay in Portugal. After five years as a resident, the applicant is eligible for citizenship if desired.
International business executives, investors, and important persons who are active worldwide consider an alternative citizenship and passport a powerful tool for international tax planning and a safety net should the living conditions at home become unbearable. The applicant and his family receive full citizenship and passports.
Live, work or study in any of the EU countries
The immigration by investment program of Portugal allows affluent persons of impeccable standing and repute, including their families, to receive Portuguese residency and eventually citizenship. Once citizenship is granted, the applicant may live, work or study in any of the member countries of the European Union.Visa free travel to over 160 countries, including the USA
Portuguese citizenship (EU citizenship) offers full European Union benefits, including Schengen borderless travel and a United States visa waiver. This means visa-free travel to more than 160 countries in the world, including the USA, Canada, Middle East, Africa, Asia, and most countries in North, Central and South America.Permanent residency obtained through the Golden Residence Visa requires a minimum investment of EUR 250,000.
Portuguese citizenship, i.e. the European passport, is available to Golden Residence visa holders after five years in permanent resident status.
Portugal Permanent Residency
Portugal is the westernmost country of mainland Europe and a stable, neutral and respected member of the European Union since 2002. Portugal has produced streamlined legislation to create an efficient process by which non-EU residents may obtain a residence permit - and citizenship if so desired - based on investment.
A relatively small country of approximately 11 million people, Portugal is considered very safe and boasts a low crime rate. Portuguese is the main official language, but English is also widely spoken, particularly by younger people and especially in the tourist regions.
The Portuguese Golden Residence Permit Program is a six year investment-based residence process. After five years as a resident, the applicant is eligible for citizenship if desired.
Investors will be allowed to travel freely to any Schengen Area country in Europe, for any length of time. This makes the program especially attractive to business people.
Citizenship under this program grants the benefits of full European citizenship. This means visa-free travel to more than 160 countries in the world, including the USA, Middle East, Africa, Asia, and most countries in North, Central and South America.
We can assist with the following qualifying investment options:
A. Donating to an approved artistic production / cultural heritage
project: EUR 250,000; or
B. Investing into a public/private scientific research project or a non-real-estate venture capital fund: EUR 500,000; or
C. Incorporating a new company: EUR 500,000 plus creating five permanent jobs; or
D. Creating at least 10 permanent jobs registered with the Portuguese social security department.
B. Investing into a public/private scientific research project or a non-real-estate venture capital fund: EUR 500,000; or
C. Incorporating a new company: EUR 500,000 plus creating five permanent jobs; or
D. Creating at least 10 permanent jobs registered with the Portuguese social security department.
The timeframe for application processing is approximately two months subject to having completed all documentation and the investment.
Our associated attorneys are are licensed to practice immigration law in Portugal and can answer all of your immigration related questions.
FREQUENTLY ASKED QUESTIONS (FAQ)
Q: What is the "Portugal Golden Residence Permit"?
A: In October of 2012 Portugal introduced a new type of visa and residence permit for investors known as the "Golden Residence Programme". The essential purpose of this new law is to facilitate foreign investments in Portugal made by individuals that are not citizens of the European Union.Q: What are some of the reasons the Portuguese Golden Visa program is attracting so many international investors?
A: International business executives, investors, and important persons who are active worldwide consider an alternative citizenship and passport a powerful tool for international tax planning and a safety net should the living conditions at home become unbearable.Applicants realize that the Portuguese citizenship provides several benefits, including:
• Visa free travel to over 160 countries, including the USA, Canada,
and Europe
• Retirement in a safe country with a warm climate
• A better education for the applicant’s children
• Children and grand children gain visa free travel and the right to live, work, or study in many countries
• A better quality of life for the family, including better healthcare and an unpolluted environment
• Relatively low real estate prices
• Personal security
• Tax advantages
• Freedom associated with having multiple passports
• Retirement in a safe country with a warm climate
• A better education for the applicant’s children
• Children and grand children gain visa free travel and the right to live, work, or study in many countries
• A better quality of life for the family, including better healthcare and an unpolluted environment
• Relatively low real estate prices
• Personal security
• Tax advantages
• Freedom associated with having multiple passports
Applicants may file for Portuguese/European citizenship after five years of residency if desired.
Further, the residence permit grants the holder the right to work (independently or under working contract), the right to an education, access to the public health system and access to the courts.
Q: What is the minimum investment required to obtain the "Golden Residence Permit"?
A: To apply for a Golden Residence Permit, a foreign citizen must invest for a minimum of five years under one of these investment options:
A. Donating to an approved artistic production / cultural heritage
project: EUR 250,000; or
B. Investing into a public/private scientific research project or a non-real-estate venture capital fund: EUR 500,000; or
C. Incorporating a new company: EUR 500,000 plus creating five permanent jobs; or
D. Creating at least 10 permanent jobs registered with the Portuguese social security department.
B. Investing into a public/private scientific research project or a non-real-estate venture capital fund: EUR 500,000; or
C. Incorporating a new company: EUR 500,000 plus creating five permanent jobs; or
D. Creating at least 10 permanent jobs registered with the Portuguese social security department.
All other previously available Golden Visa investment options, including bank deposits, real estate investments, or investing into funds that have any direct or indirect real estate exposure, have been terminated and are no longer available as of January, 2024.
The applicant must choose one of these investment options at the beginning of the application process.
Q: What type of real estate can I invest in?
A: The option to invest in Portugal real estate, or to contribute to an investment fund with real estate investments, was discontinued at the end of 2023. For EU residency based on a real estate investment please review the Malta permanent residency program (MPRP).Q: Can you help me find real estate in Portugal?
A: Yes. We are associated with several licensed real estate agencies in Portugal and would be happy to help you find your ideal property. However, the Golden Visa option to invest in Portugal real estate, or to contribute to an investment fund with real estate investments, was discontinued at the end of 2023. For EU residency based on a real estate investment please review the Malta permanent residency program (MPRP).Our professional relationships and the agents' local presence in Portugal guarantee to our clients a smooth, comprehensive service that includes identifying suitable properties, providing transport for property viewings, drafting/reviewing legal contracts, and/or liaising with local notaries and architects as needed.
Q: Once I obtain the visa, do I need to travel to Portugal for a minimum number of days during the year?
A: Yes, the program requires a minimum stay of only seven days per year, on average. Specifically; the first year minimum stay is seven days. The minimum stay during the second residency period (Years 2 and 3) is a total of 14 days (consecutive or non-sequential). The minimum stay during the third residency period (Years 4 and 5) is also a total of 14 days (consecutive or non-sequential).Q: Once I want to apply for citizenship, do I need to move to Portugal or live in Portugal for a minimum number of days during the year?
A: No. Once citizenship is granted, there are no residency requirements.Q: Will the visa also include my family?
A: Yes, your spouse, parents on either side, and children under 18 can be added at the same time as the initial application, or anytime thereafter.Q: How long does the application process take?
A: The application takes approximately two months to process after all documentation has been filed and the required investment is made.Q: How long can I stay in Portugal with my golden visa?
A: The Golden Residence Permit is valid for a period of one year after issue and renewable for two subsequent periods of two years, resulting in a total of five years. After residence in Portugal for five years it is possible to file for citizenship.Q: Does the Golden Residence Permit authorize me to work?
A: Yes. The Golden Residence Permit authorizes you to live and work in Portugal.Q: Can I keep my tax residence outside Portugal?
A: Personal taxation for non-residents on Portuguese-sourced employment and pension income is charged at a preferential rate of 25%, although interest and rental income, dividends and capital gains are taxed at 28%.Income derived from a foreign source and relating to employment income, pension income and business and professional income can be subject to exemption. Portugal does not apply a wealth tax. There is no tax on gifts or inheritances between parents, children and grandchildren.
Q: What are some of the most popular immigration by investment programs worldwide?
A: The Bulgaria Citizenship by Investment Program offers several investment options starting from EUR 257,000 plus fees for Bulgaria (EU) citizenship and passport after 5 years in residency status.The Cyprus Residency by Investment Program offers several investment options from EUR 300,000 for Cyprus (EU) permanent residency. Residents may apply for citizenship after 7 years in residency status.
The Greece Golden Visa allows non-EU applicants to file for Greece (EU) permanent residency by way of a EUR 250,000 investment in local real estate. The investor may file for Greek citizenship after 7 years of living in Greece at a minimum of 183 days per year.
The Malta Naturalisation for Exceptional Services by Direct Investment regulation provides the applicant with Malta (EU) residency and citizenship & passport for an investment in the amount of EUR 600,000 (36 months residency option) or EUR 750,000 (12 months residency option). Additional are a philanthropic donation, a property purchase or rental, and fees. For applicants who are only seeking Malta (tax) residency or Schengen travel benefits, options start at an annual recurring expense of EUR 15,000 plus property and fees.
The Monaco Residency / Citizenship Program offers Monaco permanent residency to applicants who can prove sufficient accommodations and financial self-sufficiency. The applicant may file for Monaco citizenship after 10 years of permanent residency.
The Portugal Golden Visa Residence Permit Program offers Portugal (EU) permanent residency for a investment (donation) starting from EUR 250,000. Investors may apply for Portugal citizenship after 5 years in residency status.
The Spain Golden Visa offers Spain (EU) permanent residency for a EUR 500,000 minimum investment in real estate, or a EUR 1 Million Euro asset transfer, or a 2 Million Euro securities investment, or the creation of a new government-approved business project. The investor may file for citizenship after 10 years in residency status.
Outside of the EU, citizenship by investment programs include those offered by Turkey, Vanuatu, Canada, the United States of America, and the Caribbean nations of Antigua & Barbuda, St. Kitts & Nevis, Grenada, Dominica, and St. Lucia:
Turkey offers the Turkish citizenship and passport for a property purchases of at least USD 400,000.
Vanuatu offers the Vanuatu citizenship and passport for a donation starting at USD 130,000.
Canada offers several residency by investment options, leading to citizenship if desired, starting at CAD 200,000.
The United States EB-5 Program leads to permanent residency status and citizenship in the United States for a minimum investment of USD 900,000 in a commercial enterprise in the U.S. that generates at least 10 jobs for Americans. After 5 years as a permanent resident the investor may apply for U.S. citizenship.
The Caribbean nations of Antigua & Barbuda, St. Kitts & Nevis, Grenada, Dominica, and St. Lucia offer citizenship programs requiring a real estate investment from USD 200,000 or a non-refundable donation of at least USD 100,000.
Q: What does "Schengen Area" mean?
A: The Malta citizenship allows you to travel without restrictions across the "Schengen Area" of the European Union. The Schengen Area is a group of 26 European countries that have abolished passport and immigration controls at their common borders. It functions as a single country for international travel purposes, with a common visa policy. Source: WikipediaQ: After I am granted citizenship and receive a Portuguese passport, will I be able to travel to the United States with my Portuguese passport?
A: Yes. The Portuguese passport will allow you to travel to the U.S. under the visa waiver program which allows citizens of participating countries to travel to the United States without a visa for stays of 90 days or less. Source: U.S. GovernmentPlease contact us using the contact form below for a detailed cost estimate or confidential consultation. Our associated attorneys are ready to assist you with attaining your investment objectives and answer any questions you might have about the Portugal Residency / Citizenship by Investment programs.
Contact Us for a Free Consultation
Contact us for a free, detailed cost estimate or confidential consultation by email (or phone / office visit, if preferred). To start the application process online please register here.
We will reply to your inquiry by email within one hour!
If you prefer to meet in person at any of the offices please send us your dates of travel so that we may coordinate a time most convenient for you.
Our team of associates in Portugal includes immigration specialists working exclusively on citizenship & residence matters and will stand by your side throughout the entire application process, from start to finish. The team will work with you until your residence or citizenship by investment application has been approved and you have received your residence certificate or Portugal (EU) passport.
Do you have any questions? Use our contact form to receive a reply today.
Zenturo Ltd.
Residency & Citizenship by Investment Programs WorldwidePortugal Office: Lisbon, Porto, Algarve
394A / 395A, Triq il-Kbira San Guzepp
Santa Venera, SVR 1016
Malta
Phone: +356 9950 5515
WhatsApp: +356 9991 4125
Telegram: +356 9991 4125
WeChat: ZenturoSupport
Skype: Zenturo Ltd. Support
Service Inquiries: service@zenturo.zenturo.com
General Counsel: legal@zenturo.zenturo.com
Company Registration No.: C-39472
VAT ID: MT-18142026
Follow us on Facebook
Follow us on Twitter
Watch
our videos on YouTube