Portugal is one of the oldest European couries, which has historical heritage and beautiful architecture. This coury is located on the beautiful shores of the Atlaic Ocean. This coury, which is one of the most popular for immigration, has a named program for foreign citizens Portugal golden visa (Portugal golden visa). has iroduced that in this way you can permane residence Take this coury. In the article on Golden Visa of Portugal, we have discussed this issue completely in Migration Magazine.
What is Portugal golden visa?
Portuguese golden visa with the name Golden Visa and Golden stay They also know it. It was preseed in 2012 and is a kind of residence permit through investme. This visa is issued to citizens of couries outside the European Union. To get this visa, you have to make a significa investme in Portugal.
With a golden visa, you can live, work, study and earn in Portugal. You can also start your own company and business. This visa is for applicas for the duration 5 years of residence This coury provides and after that you can for permane residence and citizenship apply This program was created with the aim of attracting capital and iernational investme.
Benefits of Portugal Golden Visa
program Portugal golden visa It was preseed with the aim of attracting capital and iernational investors. And applicas with this visa can enjoy the benefits and high quality of life in this coury. Applicas with the passport of this coury can easily travel to 189 couries in the world without a visa. Other benefits of this visa include the following:
- Visa-free travel throughout Schengen: With a golden visa permit, travel to Schengen couries easily.
- Limited stay condition: There is no need to stay full-time and you only have to stay in this coury for 7 days in the first year of your stay and after that stay for only 14 days in every two-year period.
- Citizenship of Portugal: After 5 years from your golden visa, you can apply for Portuguese citizenship and passport.
- Various investme options: With this program, investors can choose the most appropriate way to invest and achieve high profits.
- Family reunification: You can apply for your spouse, children and pares at the same time.
- Tax benefits: According to this program, applicas are exempted from paying income tax in the first 10 years of their residence.
- Access to Portugal’s medical and educational system: When you get the citizenship of this coury, you can use educational and health facilities.
- The possibility of working and studying in Portugal: With this visa, you have the right to work and study in this coury easily and freely.
Investor acceptance conditions
In order to be able to apply for a Portugal Golden Visa, you must be eligible, but the acceptance criteria for this visa are very specific, which we have explained in detail.
- The age of the applica is over 18 years.
- Have a valid passport.
- The investme should be beneficial for the Portuguese economy.
- Do not have a criminal record.
- Be a citizen of couries outside the European Union and the European Economic Area, other than Switzerland.
- Proof of financial ability and favorable financial status for investme
- Keep your investme for 5 years and stick to the investme.
- Stay in Portugal for at least 7 days a year.
Conditions for accepting the investor’s family
When applying for a golden visa and residence in Portugal, you can family Apply yourself. For the members listed below, you can get Portugal Golden Visa.
- wife
- Children under 18 years old
- Depende children under 26 years old (single and full-time stude)
- Pares over 65 years old (applica or applica’s spouse).
- Depende pares over the age of 55 that you must show proof of their dependency.
- Siblings (applica and applica’s spouse) under 18 years of age and those of whom you (your spouse) are their legal guardians.
Documes required to obtain Portugal golden visa
During the application process, the applica must prepare all his documes in order for the application to be reviewed and approved. Be sure to note that all documes must be translated io Portuguese and have the official approval of the Ministry of Justice and the Ministry of Foreign Affairs. The required documes are as follows.
- Valid passport with at least 6 mohs validity along with scan of profile pages
- Two passport size digital color photos
- Completing the Portugal visa application form
- Valid health and health insurance documes in Portugal
- Certificate of no bad criminal record
- Tax information and documes
- Proof of ery and legal residence
- Payme receipt from ARI portal
- Investme documes
- Proof of regular partnership status and preservation of your capital for up to 5 years
Portuguese Golden Visa investme methods
This coury has provided options for investme applicas that you can choose from and make your investme. The investme options are as follows:
- Investme of 500,000 euros in an authorized investme fund
- A deposit of at least 1.5 million euros io a bank accou in Portugal
- Creation of at least 10 jobs for Portuguese citizens
- Donation and investme of 500,000 euros or more in a scieific and technological research project that is being carried out by public or private scieific research institutions.
- An investme of at least 500,000 euros to establish a business eerprise or to strengthen the cash capital of an active and working business eerprise that creates at least 5 full-time jobs.
- Investing and donating money in the amou of 250,000 euros or more to support artistic activities or the restoration of the national and historical heritage of Portugal.
A poi that should be paid atteion to in this program and the changes that have been made in the conditions of this visa, starting from October 2023, Portugal is no longer allowed. Investing and buying real estate does not give to applicas and investors. Only the above options are acceptable for investing and obtaining this visa.
Portugal golden visa cost and time
Portugal golden visa is expensive like other visas, and in addition to the investme amou, you have to set aside additional amous for administrative and legal expenses. The provincial fee for the application in 2024 is about 8,060.80 euros, and if your application is approved and accepted, you will have to pay an additional 806.20 euros.
Also, you must pay the additional and administrative fee separately for each family member that you have applied for. A golden visa extension will cost you around 806.80 euros to apply and another 4,030.90 euros to approve it.
The processing time for your visa application and obtaining the Portugal Golden Visa usually takes 8 to 10 mohs from the initial review or so-called Due Diligence to the preparation and receipt of residence permit cards.
The general costs of stay and golden visa of Portugal are as follows:
- Residence processing fee: 533 euros per applica
- Initial application fee: €5,325 per applica
- Application renewal fee: €2,666 per applica
- Legal fees: It depends on the type of investme
Portugal golden visa application process
The Portugal Golden Visa application process for you and your family has several steps that must be completed in order for you to receive your residence permit. The steps are as follows:
- Investme selection: In the first step, you should choose your type of investme and then you should take the appropriate steps to do the investme.
- Receive tax ideification number (NIF): Number You need your unique tax ideification number, which you can get from the tax and customs office. To receive this number, you must provide an ideification card such as a passport and proof of your residence address.
- Opening a bank accou: Before finalizing the investme, you must open a Portuguese bank accou in a credit institution approved by the Ceral Bank of Portugal. To open an accou in Portuguese banks, you need the following documes.
- passport
- NIF number
- Portuguese coact number
- Proof of address in your coury of residence
- Proof of income
- Finalizing the investme: After going through the above steps, you can finalize your investme. You cannot apply for a golden visa and residency uil you have finalized your investme.
- Application preparation: To apply for a golden Portugal visa, you must go through the following steps.
- Register your application in the ARI portal.
- Attach the necessary documes in PDF format.
- Make the necessary paymes.
- Delivery of golden visa application
- Waiting for approval from SEF
- After confirmation, go to the SFE with an appoime to formalize the application and submit the biometric data.
