Portugal Golden Residence Permit

Posted by Herald Land
October 4, 2017 | Citizenship by Investment

Portugal

Situated on the shores of the Atlantic ocean in the Southwestern corner of Europe, Portugal is a country steeped in inspirational architecture and a colourful historical heritage. The rich and diverse culture with warm Mediterranean climate offers a safe and stable environment to raise a family.

EU Citizenship by Golden Residence Permit

Available since October 2012 the program allows applicants to gain residence in Portugal whilst holding residence in another country. The program was created by the Ministry of Foreign Affairs through the Department of Consular Affairs and the Portuguese Trade and Investment Agency (AICEP) to attract direct foreign investments into the country.


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Benefits

  • Become a permanent resident after 5 years as a temporary resident and then a full Citizen of Portugal after an additional 1 year as a permanent resident which entitles you to EU Citizenship.
  • Include and extend benefits to family members such as spouse or partner, dependent children and parents so they can live, work and study in Portugal.
  • Visa-free travel in the Schengen member states.

Eligibility

  • The Minimum investment of €500,000 property acquisition or €350,000 in properties constructed more than 30 years ago or located in designated regeneration areas.
  • Meet the minimum stay requirements per year of 7 days in year 1 and 14 days a year for each subsequent 2-year periods.
  • No criminal record and nor on any alert list for entry into the Schengen area.