Portugal

The Portugal Golden Visa is one of the most popular residency by investment programs in Europe. Portugal is a beautiful country. It has a successful economy and known for its sports, trading, and manufacturing. Whoever decides to make a home here will enjoy its rich culture and traditions. The Portugal Golden Visa program presents an excellent opportunity to obtain citizenship. DM Portugal residency investment consultants have a successful track record and ensure a smooth application and visa process to Portugal.

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    Portugal – An Overview

    Portugal is one oldest countries in the Europe that is renowned for its rich history, culture, and architectural heritage. The country has a lively and vibrant environment. Portugal has a deep cultural and architectural influence. The country boasts old lust vineyards, picturesque villages, glistening beaches, and stunning buildings.

    Portugal is a well-developed country with the 14th largest gold reserve. The Portuguese passport is powerful. One can travel visa-free to 188 countries, including Australia, the USA, the UK, Japan, and the Schengen zone. Portuguese citizens benefit from excellent higher study opportunities, modern healthcare facilities, great food, and adventurous sites. Portugal is an ideal country to raise one’s family and get settled down.

    Portugal is the member of the European Union, United Nations, the Schengen area, and the Council of Europe.  The country was also one of the founding members of the OECD, NATO, and the Community of Portuguese Language countries. Portugal is well-known for its safe and stable economy and attracts foreign investment regularly.

    Citizenship by Investment Portugal is one of the most popular programs that provides residency to foreigners and eventually grants citizenship to the country. It is one of the most lucrative means to grow your business in another country while enjoying a second passport and citizenship.

    Get in touch with DM today to learn more about citizenship by investment Portugal from Dubai.

    Citizenship by Investment Portugal

    Portugal’s Citizenship by Investment program is no longer operational. Applicants cannot make capital fund transfer or buy real estate through the Citizenship by Investment program. But the country offers Golden Visa, a popular residence-by-investment program. It is similar to Golden Visa programs of other countries. Applicants are required to make a significant investment and maintain it for 5 years.

    The Portuguese Golden Visa is a residency investment program that non-EU nationals can apply for. It grants them the freedom to enter and leave Portugal as often as they can and relocate to the country as well. They are also allowed to visit other EU countries as well.

    After you maintain your investment and fulfill the other necessary requirements, you can apply for Portugal citizenship. You get to enjoy all the rights and privileges of a Portuguese citizen. DM offers professional services for Citizenship by Investment programs and provides guidance to clients in acquiring a second passport and citizenship. Our team of professional ensure that all the requirements are fulfilled and your submission is carried out in a timely and efficient manner.

    DM Consultants provides citizenship by investment Portugal from UAE helping clients from Dubai, Abu Dhabi, and Sharjah to get a second passport and citizenship of the country.

    Portugal Golden Visa

    The Portugal Golden Visa provides a 5 year residence by investment program to non-EU nationals. It is one of the fastest citizenship program allowing foreign investors to reside in Portugal and eventually acquire Portuguese citizenship for themselves and families.

    The Portugal Residency Investment offers 2 options:

    Portugal is one of the best European countries to live in. You acquire Golden residency for 5 years and once the 5 years are completed, one can apply for PR or citizenship by fulfilling some conditions, such as spending 7 days every year, passing the Portuguese language test, and travel visa-free to Schengen Countries.

    Portugal Citizenship Program Highlights

    Minimum Investment

    Investment options as below.
    option 1 is 500,000 euros in Portuguese funds. Option 2 is 250,000 euros Donation.

    Free Mobility

    Golden Visa Portugal Program in Portugal allows the resident a visa-free or on-arrival visa entry to all 26 countries in Europe’s Schengen Area. The applicant can work, study, and live in Portugal. After a period of five years, you become eligible to apply for citizenship.

    Dependents

    You can also include dependents in the application for Portugal Residency Investment to move along with you. Dependents can be spouse, children under 18, and parents of the applicant if over the age of 65 years old.

    Processing time

    Approx 14 to 16 months

    Key benefit

    The Golden Visa Program in Portugal is a secured in form of investment. You can apply for Citizenship in Portugal after five years, one of the fastest in Europe. You get free access to 188 countries after getting a Portugal Investment Passport.

    Tax

    Portugal Golden Visa program only levies tax if an applicant spends 180+ days of the year in the country. If you pay taxes, you can be a tax resident in Portugal. The country has a favourable tax regime for foreigners considering relocating to Portugal.

    Portugal Golden Visa Program - Investment Options

    Since the Portuguese government has ruled out the most popular investment option of Citizenship by Investment, here are some of the few options people can choose to qualify for the Portuguese Golden Visa:

    Donation

    Capital

    Capital & Employment

    Setting up a company in Portugal creating 5 permanent jobs or investing in an existing company that creates 5 permanent jobs or maintains at least 10 jobs.

    DM Consultants is a full-service consultancy company, offering complete immigration solutions. We have a team of immigration experts and professionals who can assist you in moving to Portugal. We can help you get a second passport and get residency in Portugal.

    DM offers services across the UAE. If you are interested in obtaining a Portuguese passport, get in touch. Whether you live in Dubai, Abu Dhabi, or Sharjah, you can benefit from our professional guidance regarding EU citizenship by investment Portugal. Our expert consultants will ensure that the entire procedure is carried out smoothly and that you are updated every step.

    Eligibility Criteria for the Golden Visa

    If you are a non-EU/EEA or a non-Swiss national, you can apply for the Portuguese Golden Visa program. Here are the eligibility criteria one must fulfill in order to qualify:
    Your family members are eligible for the Portugal Golden visa if they are:

    Documents for Golden Visa in Portugal

    Here are the necessary documents you need to submit along with the official Golden visa application form:

    Steps for Applying for a Portugal Golden Visa

    Here is a step-by-step process of acquiring a Portugal Golden Visa:

    Choose Investment

    The first step is investment selection. Choose the one that is most suitable to you. It is likely that you would want to visit Portugal yourself to meet with the lawyers and carry out all the legalities.

    Open a Bank Account

    You will need to get a Portuguese bank account opened and get a tax number called the NIF number as well. You can get it by submitting a request to the local office of the Tax and Customs Authority (The Taxpayer Registration Services). This would require your identification and documents confirming your income and address.

    Fulfill Requirements of the Investment Program

    Get an agreement prepared with the legal assistance and expertise of a legal representative and then make the necessary cash transfer to your Portugal bank account and then to the investment of your choice.

    Gather the Documents

    Collect and prepare all the required documents to apply for the Portugal Golden Visa. Documents in languages besides English and Portuguese would need translation. The documents will then need to be notarized to get them prepared for submission to SEF which is the Portuguese Immigration and Border Service.

    Submit the Application

    Fill an application form on the SEF online portal. It handles the Golden Visa applications. Upload all the necessary documents in PDF format, make sure that the file size should not be more than 4MB. Pay the fees and wait for confirmation from SEF.

    Submit Biometric Data

    You and your family members included in the application need to submit your biometric information in Portugal.

    Immigration application Step Seven

    Residence Permit Receipt

    After application approval, you and your family members included in the application will be granted residence permit cards. The residence permit is valid for a year. You can renew it till you qualify for Portuguese citizenship after 5 years.


    Benefits of the Portugal Residency Investment Program

    Portugal allows investors to acquire citizenship in the country without living in Portugal. It is one of the main benefits of the Portugal Residency Investment Program. Some other benefits of the Portugal residency investment program are:

    FAQs

    The Portugal Citizenship program is called the Portugal Golden Visa program. It helps foreign investors become residents in the country. They can live, work, and study there and apply for citizenship after 5 years of temporary residence.
    In 2018, the Portuguese government reformed the Portuguese Nationality Law. It reduced the minimum residency period to 5 years, which was earlier 6 years. The residents can apply for citizenship after 5 years of temporary residency.
    Not directly. However, you can get Portuguese citizenship indirectly after getting residency via investing in Portugal and then become eligible for citizenship in five years.
    Since the 21st century, the country has become a popular immigrant as well as tourist destination. It is one of the most generous European countries.
    To apply for a Portugal Golden Visa, an investment of €500,000 in Portuguese fund or donation of €250,000 is required.
    Yes, one can take a loan to fund the investment. However, the invested funds have to come from a non-Portuguese bank as the loan cannot be issued from a Portuguese financial institution.
    There are numerous benefits of Golden Visa. You can live and work in Europe and freely travel within the European countries. You can apply for citizenship after completing 5 years.
    You need to qualify for naturalization first via being a legal resident in Portugal for 5 years. After becoming a citizen, you can apply for Portuguese passport and it will be granted to you in a few months.
    To maintain your Golden Visa residency, you need to spend 7 days in Portugal in the first year. Then, 14 days in the following 2-year period till you are successful in qualifying for Portugal permanent residency or citizenship.
    The Portuguese government has strict and thorough verification rules. Therefore, every application takes about 12 to 14 months for approval.
    You can travel to live in any Schengen country for three months in 180 days without a visa on Golden Residency visa.
    Portugal allows entrance to the country without a visa. Golden Visa holders can live and work in the country, and include their family members as well. If one person has a residence permit, the program allows the family to gain access to a permanent residence permit and citizenship as per the law.
    Yes, anything that is not in Portuguese needs to be certified translated along with being legalized. Documents in English are not accepted either.
    Applicants are required to show at least a balance of €500,000 euros.