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Portugal Golden Visa

Residency By Investment



    BECOME A GLOBAL CITIZEN





    Portugal Golden Visa Program permits non-European citizens to reside in Portugal in exchange for a real estate investment. The amount of investment is reasonable compared to other European Residency Programs. However, investment amount varies according property’s location; the closer it is to central cities, the more expensive it gets.

    Portugal, officially known as Portuguese Republic, is a southwestern European Country that shares a lot of geographic and cultural commonalities with both Europe and the Mediterranean. In 2012, Portugal established the Portuguese Golden Visa Program, Portugal Golden Residence Permit Program, to become one of the most sought-after Residency by Investment Programs worldwide.

    Portugal Golden Visa program has a quick processing time of4 to 6 months, and a low minimum residency requirement of only 7 days a year inthe first year after residency permit is obtained, and 14 days throughout thetwo years that follow.

    Investors can travel freely without a visa to all European Countries in the Schengen zone once they obtain residency permit.  Investors will also be able to register and operate businesses in Portugal and Europe giving them access to a wider market and a more expansive professional network.

    As for dependent applicants, investor will be able to addspouse and family under the same Golden Visa application without having to makean additional investment. At that point, all family members will reap thebenefits of being European residents including living in a safe and stablecountry, access to high quality of life, and taking advantage of excellenteducation and healthcare services.

    Portugal Residency by Investment program is a pathway to thePortuguese Citizenship as investors have the choice to apply for citizenship 6years after initial investment is made.

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    DOWNLOAD BROCHURE
    CAPITAL

    CAPITAL

    Lisbon

    LANGUAGE

    LANGUAGE

    Portuguese

    TOTAL AREA

    TOTAL AREA

    92,212 km2

    POPULATION

    POPULATION

    10.31 million

    GOVERNMENT

    GOVERNMENT

    Democratic Republic

    CURRENCY

    CURRENCY

    Euro

    INVESTMENT SCHEME

    The Golden Visa applicant purchases a government-approved real estate property in Portugal with
    a minimum investment of €500,000 and maintains it for 5 years.
     
    The applicant may opt for purchasing a property in Portugal for the value of €350,000
    where the property is either at least 30 years old or located in an urban renewal area.
     
    Applicants can benefit from annual rental return.

    Benefits of Portugal Golden Visa Citizenship


    • Quick processing time. Obtain a residence permit in 4 to 6 months.
    • Investor visa holder can travel, live, work in all Schengen countries.
    • Investors can register and operate in all Schengen countries.
    • Investors can extend the application to family members and parents with no further investments required.
    • Low minimum stay requirement of only 7 days in the first year and 14 days throughout the following two-year period.
    • Allows investors to maintain residency in another country.
    • Own property in Europe and benefit from rental returns throughout the 5 years.
    • Permanent residency after 5 years of initial investment.
    • Option to obtain Portuguese citizenship after 6 years from initial investment.

    QUALIFICATIONS


    • Investor must be a non-EU citizen.
    • Investor must maintain his/her investment.
    • There is a minimum stay of 7 days the first year of receiving Golden Visa and 14 days in the following two-year period.
    • Investor must make the appropriate real estate investment of €350,000 or €500,000 in approved real-estate.

    LEGAL BASIS


    The golden visa program was initially established in 2012 under the Order Number 1661-A/2013 “GOLDEN RESIDENCE PERMIT”. The law states the golden visa permit is allocated to an investment of €500,000 in a new real estate. In 2015, the program was revised (Act 63/2015), allowing real estate property investment to be €350,000 in an estate that is at least 30 years old.

    VISA FREE TRAVEL


    Travel Freely within the Schengen zone.

    Austria

    Belgium

    Czech Republic

    Denmark

    Estonia

    Finland

    France

    Germany

    Greece

    Hungary

    Iceland

    Italy

    Latvia

    Liechtenstein

    Lithuania

    Luxembourg

    Malta

    Netherlands

    Norway

    Poland

    Portugal

    Slovakia

    Slovenia

    Spain

    Sweden

    Switzerland

    Timeline and Procedure

    Month 1
    Step 1
    Bluemina performs a preliminary check. File preparation begins and required documents are collected. Advisory fees and application fees are paid.
    Month 1-2
    Step 2
    Bluemina will assist investor in choosing the best investment route. Once decided, Bluemina’s Real Estate agents in Portugal can assist with the purchase of property. During the visit, the investor will meet and grant Power of Attorney to the designated lawyer, open a bank account and visit the immigration services for biometrics (finger prints and photos).
    Month 3-6
    Step 3
    Upon return from Portugal, the transfer of funds is made for purchase of property.
    Step 4
    Completion of initial application and beginning the visa application.
    Step 5
    Immigration Services approve the visa application and issue residency cards. Once issued, they are sent to Bluemina offices and handed to client and their family.
    Month 6
    Step 6
    As per requirements, investor visits Portugal 1 week yearly for 5 years.
    Year 6
    Step 7
    Applying for Portuguese citizenship for all members of the family.
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