What is Portugal golden residency program?
The Portugal Golden Residence Permit Program (commonly known as the Portugal Golden Visa Program) is a five-year residence by investment program for non-EU nationals. The residence permit gives the right to live, work, and study in Portugal and allows free circulation in Europe’s Schengen Area.
How can I get golden visa in Portugal?
To get the Portuguese Golden Visa permanent residence, you must make and maintain your qualifying investment for a minimum of five years. You must also spend a minimum of seven days in Portugal for the first year, then no less than 14 days each subsequent two-year period (this is called the stay requirement).
Is Golden visa Portugal ending?
The changes will come into effect as of January 1st, 2022. Until then, the current Portugal Golden Visa rules and requirements will continue….When Will Portugal Golden Visa New Rules Come into Effect.
2021 Minimum Amount Required | 2022 Minimum Amount Required | |
---|---|---|
Capital Transfer | €1 million | €1.5 million |
Is the Portugal golden visa worth it?
All in all, Portugal’s Golden Visa Program offers many benefits despite the significant investment required. For foreign investors looking for access to the EU and a powerful passport, the fees and costs may be worth the trouble.
How much does Portugal golden visa cost?
Portuguese golden visa costs The costs of getting a Portuguese golden visa include the following: Processing fee (application and renewal): €514.80 (plus €80.20 per family member) Initial golden visa: €5,147.80. Initial golden visa for family members: €5,147.80.
How long does the Golden Visa last?
The Golden Visa which you receive at the Embassy will be valid for one year. During this year, you have to enter Spain and exchange your visa for a Spain residence permit, which will be valid for two years.
How much does Portuguese golden visa cost?
Fees. Government fees per family member for application of the Portugal golden visa are €5,336.40. Renewal fees every two years apply at 50% of those rates. In addition there is a processing fee on application and renewal of € 533.90 for the main applicant plus € 83.30 per family member.
How long can I stay in Portugal with a golden visa?
five years
The Portugal Golden Visa is initially valid for one year. You can then continue to renew it for two-year periods, provided that you have maintained your investment. After five years (1+2+2) you become eligible for permanent residence or citizenship.
How long does the golden visa last?
Can I work on Golden Visa?
Once you become a citizen, you can live and work anywhere in the EU/EEA and get the world’s 4th best passport for nomads and global citizens. The program is NOT blacklisted by the OECD, unlike many other Golden Visa programs.
How much is a golden visa?
The Portuguese Golden Visa has investment options that start at €250,000. Holders of a Golden Visa can apply for permanent residence and citizenship after as little as five years.
Can I buy Spanish citizenship?
Spain launched its golden visa programme in 2013. An investment of €500,000 in real estate will gain family residency. The Spanish investor visa can be renewed every two years. After five years it is possible to gain permanent residency and after ten years citizenship.
Is there a golden visa program for Portugal?
Golden Visa Portugal through property investment. The Portugal Golden Visa program has proven to be the most popular scheme in Europe with investors attracted to its flexibility and benefits. Launched in 2012 the investor visa program has been actively promoted internationally by the Portuguese government.
Is the Portugal Golden Visa suspended in 2021?
The Portugal Golden Visa will not be suspended in 2021. The only suspension regards the ability to apply to the program by purchasing property located in high-density areas such as Lisbon, Porto and the Algarve.
When did the Portuguese investor visa program start?
Launched in 2012 the investor visa program has been actively promoted internationally by the Portuguese government. An investment of €500,000 (or €350,000 reduced option) in real estate in Portugal will gain a residency permit for a family including dependent children.
Which is the best visa program in Europe?
The Portugal Golden Visa program has proven to be the most popular scheme in Europe with investors attracted to its flexibility and benefits. Launched in 2012 the investor visa program has been actively promoted internationally by the Portuguese government.