{"id":36991,"date":"2021-06-17T13:00:31","date_gmt":"2021-06-17T09:00:31","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=36991"},"modified":"2021-06-21T14:40:06","modified_gmt":"2021-06-21T10:40:06","slug":"who-can-get-residency-in-portugal-residency-by-investment","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/who-can-get-residency-in-portugal-residency-by-investment\/","title":{"rendered":"Who Can Get Residency in Portugal?"},"content":{"rendered":"

Portugal is fast becoming one of the top destinations to relocate to in Europe and throughout the world. The <\/span>idyllic coastal country<\/span><\/a> offers its inhabitants a rich culture, beautiful scenery, pristine beaches, delectable food, year-round warm weather, low crime levels, quality education opportunities, world-class healthcare systems and a high standard of living.\u00a0<\/span><\/p>\n

If you are planning a long-term stay in Portugal, acquiring an official residency is an absolute must. One of the most popular ways Portuguese residency is obtained is through <\/span>Portugal\u2019s residency by investment program<\/span><\/a>, also known as the Golden Visa Program, which fast-tracks permanent residency and is an indirect path to citizenship for non-EU nationals.<\/span><\/p>\n

In This Article:<\/strong><\/em><\/h3>\n
    \n
  1. What is the Portugal Golden Visa Program?<\/a><\/li>\n
  2. Who Qualifies for the Golden Visa Program?<\/a><\/li>\n
  3. Portugal Residency by Investment Options<\/a><\/li>\n
  4. Benefits of a Portuguese Residence Card<\/a><\/li>\n
  5. Book a Free Consultation<\/a><\/li>\n<\/ol>\n

    Even if you do not intend to reside in Portugal, obtaining residency through the Portugal Golden Visa Program<\/a> is still a great way to secure your assets and guarantee a prosperous future for you and your family. Portuguese residency comes with many benefits and opportunities, including freedom of movement throughout Europe\u2019s Schengen Zone and access to lucrative business and investment opportunities in the region.<\/span><\/p>\n

    Related Article: So Many Dual-Passport Options – How Do I Choose Between the Caribbean or European Second Citizenship?<\/a><\/em><\/p>\n

    With that being said, not everyone can apply to the Portugal Golden Visa Program as there are requirements and certain criteria that needs to be met before individuals are granted a residency permit. We look at who can get residency in Portugal:<\/span><\/p>\n

    What is the Portugal Golden Visa Program?<\/b><\/em><\/h3>\n

    Launched in October 2012, the Portugal Golden Visa Program is a legal process based on the law that invites foreign investors from non-European Union countries to obtain fully valid residence permits in Portugal for themselves and their families. In exchange for permanent residency, applicants to the program are required to pass all due diligence checks and invest in real estate in the country. Once applicants receive their residence permit, they will gain the right to live, work, travel and study in Europe, as well as have access to Portugal\u2019s healthcare and consumer rights.<\/span><\/p>\n

    \"Who

    Portugal is also considered to be one of the best places to retire in the world. As of today, property values in Portugal are at a level that makes it an ideal place for investment.<\/p><\/div>\n

    Who Qualifies for the Portugal Golden Visa Program?<\/b><\/em><\/h3>\n

    Whether you need to obtain residency in Portugal depends on your nationality and purpose of stay. According to Portuguese immigration policies, European Union (EU) nationals can enter the country using their identity cards. Since Portugal is an EU member state, EU nationals are allowed to enter the country for three months to find a job or set up a business. Once hired, EU nationals are then granted the same rights as Portuguese workers. If staying for more than three months, EU nationals must request a registration certificate. After five years, EU citizens can then request a permanent residence certificate.<\/span><\/p>\n

    You Might Also Like: Montenegro Citizenship Through Real Estate Investment<\/em><\/a><\/p>\n

    All other foreign visitors will need a passport and a visa (if required) to enter Portugal for 90 days within six months. If you wish to stay longer than three months, you will need to <\/span>apply for a residency permit<\/span><\/a> through the Portugal Golden Visa Program. Any individual can apply for residency by investment as long as they meet all the application process requirements. These are as follows:<\/span><\/p>\n

    Main Applicant<\/b><\/h4>\n

    Investors are required to be at least 18 years of age, in good health, possess no criminal record, have confirmed investment sources and successfully pass due diligence checks. Individuals can apply as single applicants or as a family.<\/span><\/p>\n

    Eligible Dependents<\/b><\/h4>\n

    Family members that can be included in the application are the main applicant\u2019s spouse and children (biological or adopted) under 18 years of age. Parents and children older than 18 years old can also be included in the application if they are dependent on the main applicant.<\/span><\/p>\n

    \"Children

    Children born in Portugal whose parents are golden visa holders for more than one year are eligible for Portuguese citizenship.<\/p><\/div>\n

    Portugal Residency by Investment Options<\/b><\/em><\/h3>\n

    If all the minimum criteria are met, applicants to the Portugal Residency by Investment Program are required to <\/span>purchase property in Portugal<\/span><\/a> before the application can be filed. Fortunately, Portugal has many investment options to choose from, which include:<\/span><\/p>\n