The Investment Visa, also known as the “Golden Visa,” is a residency program in Portugal that allows non-EU/EEA citizens to obtain a residence permit in exchange for making a qualifying investment in Portugal.
To qualify for the Investment Visa, applicants must meet certain requirements, including:
- Making a qualifying investment: The investment must meet certain minimum thresholds. Currently, the minimum investment amounts are €500,000 for real estate, €350,000 for real estate in urban regeneration areas, €280,000 for small and medium-sized enterprises, €350,000 for scientific research, and €1 million for capital transfer.
- Having no criminal record: Applicants must provide a criminal record certificate from their home country and any country where they have lived for more than one year.
- Maintaining the investment for a specified period: Applicants must maintain the investment for a minimum of five years from the date of issuance of the residence permit.
- Meeting health and financial requirements: Applicants must provide evidence of sufficient financial means to support themselves and any family members included in the application. They must also have valid health insurance.
The Investment Visa or Portugal Golden Visa offers several benefits, including:
- Visa-free travel within the Schengen Area: Holders of the Investment Visa can travel freely within the Schengen Area without the need for additional visas.
- Opportunity for permanent residency: After five years of holding the Investment Visa, the applicant can apply for permanent residency.
- Possibility of Portuguese citizenship: After six years of living in Portugal, Investment Visa holders can apply for Portuguese citizenship.
It is important to note that the Investment Visa (Portugal Golden Visa) program is subject to change and that the requirements and regulations may vary over time. Our qualified consultants at Advision Overseas are well equipped to guide you through the portugal golden visa application journey. Click here to book a free consultation with us.