Isn’t it crazy to think that Portugal can offer a golden visa to citizens of European Union countries? That’s right! Portugal is now offering up to 30,000€ per year in income tax-free benefits which is a great deal! It just goes to show you how much they value their European citizens and want them to live, work and play in the best country on the planet.

The Golden Visa scheme is a new scheme designed especially for those that want to invest in Portugal. It allows them to access the many benefits of living there such as education, social benefits, quality of life and more.

If you have decided to move to Portugal, there are some things you should know. Whether you are looking for an apartment or flat in Lisbon, Porto or Braga. You will find high quality housing which is close to public transportation and to all the amenities of the city centers.

Portugal Golden Visa For Eu Citizens

The process was similar to any other visa application. The steps varied depending on which country you are a citizen of. Both sides needed to confirm your eligibility and prepare the documentation so that a study in Portugal could be arranged.

Portugal Golden Visa Residence Program

The Portugal Golden Visa is a residence visa issued to non-EU nationals who have made a significant investment in Portugal, such as purchasing real estate, making a capital investment, or creating employment opportunities.

It is a fast-track process for obtaining permanent residence and citizenship in an EU country – via the Golden Visa, you can become eligible for Portuguese citizenship in as little as five years.

Portugal Golden Visa Investment Options

To be eligible for a Golden Visa in Portugal, you must make one of the following investments:

• Purchase a property worth at least €500,000. If you purchase in a low-density area, the investment amount is €400,000.
• Invest €350,000 in a property in a Portuguese urban regeneration area. If you invest in a low-density area, the investment amount is €280,000. The project should qualify for investment by the Portuguese Immigration and Borders Service – SEF.
• Invest at least €350,000 in a qualifying Investment Fund. The investment options are regulated by the Portuguese CMVM (Securities Market Commission), and usually include venture capital investment in real estate or start-up tech companies.
• Make a capital transfer of at least €1 million in a Portuguese bank account.
• Purchase company shares worth at least €1 million.
• Invest at least €1 million in a company.
• Create at least ten jobs for Portuguese nationals.
• Invest at least €350,000 for the creation of a commercial company or to reinforce the share capital of a commercial company, through which you create at least five full-time jobs.
• Make a capital transfer of at least €350,000 for research activities in science or technology by either public or private scientific research institutions.
• Make a capital transfer of at least €250,000 to support the arts or reconstruction of national heritage.

Before choosing a program to invest in, you will have to consult with a range of experts.

The experts working for companies like La Vida – Golden Visas will offer a free consultation to determine your eligibility for the Golden Visa Scheme.
If you are eligible, they can help you choose the program most suitable for you, taking into account your financial situation, nationality, and preferences. They’ll also arrange a trip to Portugal (even help you apply for a Schengen Visa if required) so you can see your options yourself.

Contact La Vida advisors for further details.

If you are eligible, they can help you choose the program most suitable for you, taking into account your financial situation, nationality, and preferences. They’ll also arrange a trip to Portugal (even help you apply for a Schengen Visa if required) so you can see your options yourself.

Who Is Eligible to Apply for a Golden Visa for Portugal?

To be eligible for a Golden Visa for Portugal, you have to fulfil the following requirements:

• You must be over the age of 18
• You must make a significant investment that is beneficial to the Portuguese economy
• You must have no history of criminal records
• You must own the money you seek to invest
• You must commit to maintaining the investment for at least another five years

Can You Get Portugal Citizenship by Investment?

Yes, if you receive a Golden Visa, you become eligible for citizenship after five years. Unlike other countries, you do not actually need to live in Portugal during that period to acquire citizenship via the Golden Visa route. You only need to spend seven to fourteen days per year in the country.

However, you will have to prove you have accommodation in Portugal, a steady income, as well as knowledge of the Portuguese language, at least on a basic level.

Benefits of the Portugal Golden Visa

The Golden Visa for Portugal is a coveted visa for wealthy investors as it offers a wide range of benefits for the investor and their family members, such as:

Ability to Live and Work in an EU Country

A Portuguese Golden Visa grants you residence in Portugal, which is a member of the European Union. This means that you can eventually obtain a Portuguese passport and enjoy the full benefits of EU nationality: no borders, access to the EU single market, and life in a stable, democratic, prosperous, and secure community.

Businesses in the EU also enjoy the free movement of labour, goods, and services, and free access to more than 450 million consumers.

Access to Portuguese Healthcare and Education

As Portuguese residents or citizens, you and your family will have access to all its national services, such as healthcare and education.

Portugal has a public-funded healthcare system known as the Serviço Nacional de Saúde (SNS). In 2021, the World Index of Healthcare Innovation ranked Portugal third for patient care and medical infrastructure.

Portugal also boasts a relatively high-quality level of public education across all levels – from elementary school to university. The literacy rate in Portugal sits at 99.44 and Portuguese students continuously display higher than average scores at PISA tests.