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June 4, 2021

Portugal Golden Visa: The Ultimate Guide 2021

To make application process easier, Mann’s Solutions team decided to create the ultimate guide of Portugal Golden Visa and answer the question – what makes the Portugal Golden Visa so sought after?

First of all, Portugal Golden Visa program provides a range of relatively affordable and profitable investment options for investors to choose from to obtain residence permit. Investor also are required to spend only 7 days per year in Portugal to keep the permit. Also, the program allows to travel visa-free to the Schengen states and provides the opportunity to become a Portuguese citizen within 5-6 years. Unlike some other citizenship and residency programs, Portugal is not a blacklisted country and its Portugal Golden Visa is not a blacklisted residence program either. Besides, Portugal as a country is a safe, secure and provides affordable high quality of life with solid infrastructure, mild climate, and great education system.

What do you need to know about Portugal Golden Visa program?

The Portuguese Residence Permit or Portugal Golden Visa, grants the right to live, work and study in Portugal, with visa-free access within the EU countries. The program investment options include creation of at least 10 jobs via investing into business; investment of €1,000,000 or purchase of real estate within a range of €280,000 – €500,000, depending on where it was built.

Portugal boasts an excellent reputation and is considered one of the world’s most globalised and peaceful nations. The country offers high quality of life and one of the highest Human Development Index ranking. Portugal is among the oldest nations in Europe and country offers rich history, exceptional local cuisine, lively culture, stunning rocks and beaches, and peaceful countryside.

The Portugal Golden Visa Residence Program, requires at least four trips to Portugal during the five-year period: 2 should be done at the initial application (to choose the qualifying investment option and to start the legal process and at each renewal (year 1 and year 3). Alos, the family reunification is possible at any stage of the program.

What are the main program benefits?

Portugal Golden Visa or Portugal Residency by Investment Program grants the applicant a 5-year residency permit and let’s apply for permanent residence and citizenship after this period. The Program requires only 7 days a year visit to Portugal in a 1 year and 14 days visit during each subsequent 2 years to keep the permit. Portugal residency allows the whole family travel without visa to all Schengen Zone countries and gives access to high-standard education.

Find all you need to know about applying for Portugal Golden Visa in 2021 including Latest Rules and Regulations HERE.

Investment Option

Obtain Portugal Golden Visa and become a permanent resident of Portugal by choosing one of the following three qualifying investments below with requirements of maintaining the investment for a minimum of 5 years from the date the residence permit is granted.

1. Property investment from €280,000

  •  €500,000 – purchase residential or commercial real estate (€400,000 – reduced rate of 20% applied when purchasing a real estate located in low GDP or low populated density areas).
  •  €350,000 – purchase residential or commercial real estate over 30 years old requiring renovation. (€280,000 – reduced rate of 20% applied when purchasing a real estate located in low GDP or low populated density)

2. Creation of 10 Jobs or Business Investment

  •  Create a minimum of 10 new jobs OR
  •  Invest a minimum of €350,000 in business and create a minimum of 5 permanent jobs

3. Capital Transfer From €1,000,000

  •  Applicants are required to make a capital investment into specifically approved investment options or Portuguese bank account.

LONDON BASED SOLUTIONS ADVISERS – Portugal Golden Visa

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

  • Property virtual tours, 3-D tours and in-person tours available.
  • Due diligence checks and additional property checks completed by our experts.
  • Residency & Citizenship document preparation and submission.
  • Full support until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

Photo by Thibault Mokuenko on Unsplash