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Portugal
Investment Options
Investment – Minimum EUR 280,000
Processing Time
6-9 months
LOCATION SUMMARY
Portugal
Portugal’s Residency by Investment program was introduced in 2012.
Known as the westernmost point in Mainland Europe, and one of Europe’s oldest countries rich in culture. Portugal offers visitors beautiful landscapes, sunny skies, great food and extraordinary hospitality. The country is safe, stable and easily accessible.
NB: The Portuguese Golden Visa/ Resident Permit is initially valid for 1 year. After the first year, you can renew it for 2-year periods provided you have maintained your investment.
POPULATION
10,120,560
Population Growth: 0.30%
GDP
24,567 USD
GDP (per capita)
GDP (purchasing power parity)
253.7 billion USD
LOCATION
Southern European country on the Iberian Peninsula, bordering Spain
CAPITAL
Lisbon
DIFFERENCE
UTC+0
TOTAL AREA
92,212 sq. km.
AGE DEMOGRAPHICS
0-14 years: 13.58% (male 716,102/female 682,582), 15-24 years: 10.94% (male 580,074/female 547,122), 25-54 years: 41.49% (male 2,109,693/female 2,164,745), 55-64 years: 13.08% (male 615,925/female 731,334), 65 years and over: 20.92% (male 860,198/female 1,294,899) (2020 est.)
LANGUAGE
Portuguese
RELIGIONS
Catholicism (80.20%), Orthodoxy (0.69%), Protestantism (2.13%), Jehovah’s Witnesses (0.72%), Other Christian (1.04%), Buddhism (0.19%), Hinduism (0.22%), Judaism (0.03%), Islam (0.42%), Other Religion (0.28%), No Religion (14.09%)
GOVERNMENT TYPE
Republic, Parliamentary democracy (Parliament)
CURRENCY
Euro (EUR)
EXCHANGE RATE
1 USD = 0.92 EUR
INVESTMENT BREAKDOWN
Process & Timeline
MONTH 1
PREPARATION TIME
- Consider what investment route you want to take
- Prepare all the necessary paperwork
- Submit your application to the Citizenship by Investment Unit
MONTH 1 – 5
PROCESSING TIME
- The Unit assesses your application
- Background check is conducted
- Your application is approved in principle
- You have 60 days from your application approval date to make a qualifying investment and provide proof of said investment
MONTH 6-9
RESIDENCY ISSUANCE
- Pay the residency fee and obtain your proof of residency
- Congratulations, you're now a resident of Portugal
Visa-free travel to 29 countries in the Schengen member states.
Benefits of Residency Program
- Visa-free travel to 29 countries in the Schengen member states.
- Apply for citizenship of Portugal after 5 years with a temporary resident status.
- Excellent international and Portuguese schools and universities.
- International quality healthcare.
- Inclusion of spouse or partner and dependent children and financially dependent parents.
- Processing time for residency status is 6 -12 months (requires a 7- day visit in the first year and 14 days in the subsequent 2 years.)
- No interview, no language test required.
- No residency required (except visit to Portugal to submit application).
- Generous tax incentives and exemptions.
- A favorable business development environment with Euro as the official currency.
Open the door to unlimited possibilities
We are dedicated to working with our clients to leverage opportunities