39 Portugal Golden Visa Initiated in 2012, the Portuguese Government’s Golden Visa
actually living in the country, which is different to many other
Scheme has reportedly seen over 5 billion euros invested
countries worldwide.
into the country and it’s easy to see why. With its warm climate, gorgeous beaches, fine cuisine and laid-back
Once you have a second passport through being a citizen of
attitude, it remains an extremely attractive country for those
Portugal, you can live, work and study anywhere in the EU,
looking to live, retire or invest in Portugal.
also making it an attractive proposition.
The rules to the Golden Visa changed on January 1st, 2022.
WHAT ARE THE BENEFITS?
The aim of the changes will see investment being channeled
Those enrolled in the scheme will benefit from the following:
to the interior, low-density areas of Portugal. Investors won’t be able to invest in residential property in popular urban
• No visa required to enter Portugal
areas such as Lisbon, Porto, and the Algarve, as well as
• Visa exemption for travelling through Europe (within
coastal towns like Setubal and the Silver Coast. Instead they
Schengen Area)
will need to look at low density areas and in the Algarve,
• You can live and work in Portugal
touristic developments.
• Dependent family members can also obtain permanent Portuguese residency and /or citizenship
WHAT IS PORTUGAL’S GOLDEN VISA? The Portuguese Golden Visa allows people to apply for permanent residency and citizenship after 5 years through
• Low minimum stay periods (7 or more days in first year and 14 or more days in subsequent years) • After 5 years you will have the possibility of obtaining
investing in real estate, without having to reside in the
permanent residency or citizenship and a Portuguese
country at any point. It’s such an attractive option due to its
passport
relaxed regulations, as the applicant and their family only have to visit for two weeks every year to renew the Visa.
REQUIREMENTS
This means that you can be granted citizenship without
In order to obtain Portugal’s Golden Visa, there are some