Portugal Golden Residence Permit Program
Portugal is the westernmost country of mainland Europe and a stable, neutral and respected member of the European Union since 2002. Portugal has produced streamlined legislation to create an efficient process by which non-EU residents may obtain a residence permit - and citizenship if so desired - based on investment.
A relatively small country of approximately 11 million people, Portugal is considered very safe and boasts a low crime rate. Portuguese is the main official language, but English is also widely spoken, particularly by younger people and especially in the tourist regions.
The Portuguese Golden Residence Permit Program is a six year investment-based residence process. After 5 years as a resident, the applicant is eligible for citizenship if desired.
Investors will be allowed to travel freely to any Schengen Area country in Europe, for any length of time. This makes the program especially attractive to business people.
Citizenship under this program grants the benefits of full European citizenship. This means visa-free travel to more than 160 countries in the world, including the USA, Middle East, Africa, Asia, and most countries in North, Central and South America.
Main applicants are required to make one of three qualifying investments: A. The acquisition of real estate with a minimum value of EUR 350,000; or B. The transfer of capital with a minimum value of EUR 1 million; or C. The creation of at least 10 new jobs registered with the social security department. Applicants are free to choose one of these three investment routes.
The timeframe for application processing is approximately two months subject to having completed all documentation and the investment.
Our associated attorneys are are licensed to practice immigration law in Portugal and can answer all of your immigration related questions.
Please contact us for a free consultation or to receive additional information about the program.