Portugal

WHY CHOOSE PORTUGAL?

Portugal boasts a rich and diverse culture, Mediterranean climate, and a safe and stable setting ideal for raising families, conducting business, or traveling. Investors find many opportunities in Portugal’s secure and fast-developing market, including the following:

- Residence visa waiver for entering Portugal.
- Live and work in Portugal.
- Visa-free travel within the Schengen member states.
- Permanent residency or citizenship of Portugal after five years as a temporary resident.
- Inclusion of family members, such as spouse or partner, dependent children, and dependent parents.

Qualifications

Portugal’s Golden Resident Permit Program is offered in accordance with the Ministry of Foreign Affairs through the Department of Consular Affairs and the Portuguese Trade and Investment Agency (AICEP).

Aimed at attracting foreign direct investments to the country, the program yields a residency permit in Portugal to non-EU investors who fulfill one of the investment options below and meet the following requirements:

- Provide proof that investment funds originate from abroad.
- Hold no criminal record.
- The main applicant’s property is not frozen within the boundaries of the EU.
- Pay application and processing fees where applicable.
- Enter Portugal for the first time on a valid Schengen visa.
- Meet or exceed the minimum stay requirements. (Seven days for the first year, 14 days for subsequent two-year periods.)

INVESTMENT OPTIONS

1- Property Investment Options

In July 2015, through Act 63/2015 and Regulatory Decree 15-A/2015, the required investment options were revised and new ones added. Investors can now choose from the following:

- Applicants may acquire property valued at €500,000 or more, or
- Applicants may acquire property valued at €350,000 or more for properties more than 30 years old or located in urban regeneration areas designated for refurbishing, or
- Acquisition of property fitting any of the above requirements with a 20% reduction on the minimum amount of investment, if purchased on a low-density population area (€400,000.00 or €280,000.00).

2- Capital Investment (Applicants must create 10 or more jobs)

 - Applicants may invest a minimum of €350,000 in research activities.
- Applicants may invest a minimum of €250,000 in the arts or in the reconstruction or refurbishment of national heritage projects.
- Applicants may invest a minimum of €500,000 for shares in investment funds or venture capital.

Interested candidates: Find out whether you qualify for Canada by completing our free on-line evaluation. We will provide you with our evaluation within 1-2 business days.

 

For more information, contact us.

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