OBTAINING THE GOLDEN VISA IN PORTUGAL
The Portuguese Golden Visa is one of the most attractive and advantageous programs for investors, allowing you and your family to obtain residency in the European Union through profitable investments in Portugal’s economy.
By investing under the “Golden Visa” program, you gain the following key benefits:
- Residence rights for the entire family: spouse, minor children, dependent incapacitated parents.
- Minimal stay requirement: only 7 days per year in Portugal.
- Pathway to citizenship: eligibility for Portuguese citizenship after 5 years.
- Visa-free access to the Schengen Area: freedom of movement across Schengen countries.
The minimum investment amount required to participate in the Golden Visa program is €280,000.
Changes in Golden Visa Requirements from 2023
According to Portugal’s new legislation, from 2023 onwards, real estate investments are no longer an acceptable option for foreigners seeking the Golden Visa. The focus has shifted to other types of investments:
- Creation of at least 10 jobs in any sector of the Portuguese economy.
- Investment in scientific research of at least €500,000, conducted by accredited Portuguese research institutions.
- Investment in art or preservation of cultural heritage in Portugal starting from €250,000.
- Investment in investment funds of at least €500,000, specializing in capitalizing companies in various sectors (energy, technology, industry, etc.).
- Investment in company formation with capital of at least €500,000, involving the creation of at least 5 permanent jobs or increasing the capital of an existing company (in this case, subsequent purchase of property in the hotel or restaurant sector is possible).
Steps to Obtain the Golden Visa in Portugal
First Legal Portugal offers full legal support throughout the Golden Visa acquisition process, ensuring safety and clarity at every stage:
- Consultation with experts: selecting the best investment option tailored to your objectives.
- Preparation of necessary documents: collection, apostille, and translation of documents for the applicant and family members.
- Obtaining a Tax Identification Number (NIF) and opening a bank account: establishing financial readiness for investment.
- Making the investment: executing investment activities according to the chosen option.
- Submitting the Golden Visa application: guidance through the application process and obtaining the residence permit.
Why Choose First Legal Portugal:
- Professional legal support: our attorneys guide you through every step of the procedure.
- Personalized approach: assistance in selecting the most profitable and secure investment option.
- Thorough document preparation: ensuring all documentation meets legal requirements.
- Result-oriented service: we strive to make obtaining the Golden Visa as straightforward and efficient as possible.
Ready to take the first step towards obtaining your Golden Visa?
Contact us for a consultation, and we’ll help you choose the best investment option that aligns with your goals and requirements.
