Portugal Golden Visa: Open-door to EU Citizenship

Being one of the oldest countries in Europe, Portugal has a very high ranking of Human Development Index. Besides enjoying the benefits of a strong tourism industry, the Portuguese economy is much more popular for offering Portugal Golden Visa, one of the best Golden Visa programs in the world. If you are a citizen of a developing country who have a weak passport and want access to the EU for doing business, for the issues concerning your family such as the schools, the safety and the stability, you can consider Portugal Golden Visa.

Benefit of Portugal Golden Visa

  • Receiving the Residency cards for the whole family within 4-6 months,
  • Applying for Citizenship and getting the Portuguese passport after 5 years,
  • Extremely low minimum stay (7 days in the first year, 14 days in the next 2 years and 14 days in the last 2 years),
  • Residency for the whole family including Spouse, dependent children and Parents,
  • Visa free travel within all Schengen countries,
  • Allowed to live and work in Portugal,
  • Can Establish a Business in all Schengen countries,
  • Being able to enroll children in all public schools for free or private as local,
  • Working in Portugal gives all the benefits of social welfare including free hospitals,
  • Can give birth to a child in a public Health Institution freely for next 2 years,
  • Enjoying Retirement Pension.

What is the next step after obtaining Residency Permit?

One International Consulting company confirmed that one of its clients has achieved citizenship in Portugal after holding the country’s golden visa for five years, attaining an A2 certificate of Portuguese language, and residing in the country as per the 35-days residency requirement. This proof eliminates the doubts on the program’s resulting access to citizenship.

Till July 2018, according to previous laws, an individual must have been legally resident in the country for five consecutive years in order to achieve permanent residence, and only those who had kept the permit for at least one extra year were allowed to apply for citizenship, which meant an investor would have to wait until year six to apply.

This rule changed in July 2018 as Portuguese lawmakers introduced new law to permit anyone who had been legally resident for five years to apply for citizenship.

Not all the European Golden Visa programs offer the same conditions. The Tier 1 (investor) visa has stricter requirements comparing to Portugal Golden Visa. Tier 1 investors do obtain permanent residence after five years, but they have to be physically resident in Britain for at least six months during each of the preceding five years. This condition will also apply to the applicant’s spouse.

Investment Options for Portugal Golden Visa


Option 1 – Property Investment: Ranging from a minimum value of 280,000 Euro to a minimum value of 500,000 Euro.

Option 2 – Creation of at least 10 permanent jobs.

Option 3 – Capital Transfer:

  • An Investment of 1,000,000 Euro in a Portuguese bank
  • An Investment of 500,000 Euro in Portugal funds of venture capital,
  • Donation of 250,000 Euro in arts, Culture or Heritage.

4 Preferable Investment Options for Portugal Golden Visa

The premise of EU citizenship paired with a solid promise of investment is drawing individiuals, corporate firms and families looking for an alternative for business or lifestyle. Due to its reasonable €350,000 investment option, Portugal Golden Visa is a rising trend in the area.

The Portugal Golden Visa makes it possible for a foreigner to live and work in Portugal and provides him/her with the priviledge of visa-free travel throughout the Schengen zone. After five years, the visa holder and his family can appeal for permanent residence and even for full citizenship thenceforth.

Means for getting a Golden Visa from Portugal

Making a €1m investment in general

Depositing funds in a Portugues bank, purchasing bonds & shares from the Portuguese stock exchange, and corporate investment can be included. 

Creating a new business area for 10 people

If one manages to employ 10 workers at minimum wage and if all of them are eligible to pay their social security taxes, s/he can appeal for Portugal Golden Visa. There is no requirement for a minimum investment in capital.

Purchasing a property worths at least €500,000 or €350,000 in some cases

Perhaps the most popular one among investors, one must purchase a property, or multiple properties, with a minimum worth of €500,000 in total. Once have been bought, the estate can be rented out thereafter.

Making a private equity investment of €350,000

Not surprisingly, the demand for the €350,000 property category is considerably higher than the other options since it appeals to investors who’re seeking a cheaper way. Compared with the direct purchase of a property valued at €500,000, the €350,000 option comes with more requirements to fulfill but the capital savings compensate it.

One can renovate a building that’s more than 30 years old beside purchasing it to reach this amount in total, invest this amount into a national scientific research program, support an existing business by increasing the capital with that amount or employing five more full-time permanent jobs for a duration of at least five years, and finally, assisting an equity fund from a regulated private initiative to complete this option.

Benefits of the Vintage PEF investment

One special option for the 350k route is The Vintage Hotel, a five-star hotel located in the heart of Lisbon. Its central location provides the guests with easy access to the sightseeing areas where they can also experience Lisbon’s dashing, perhaps underrated, nightlife actions.

  • The Vintage Hotel PEF promises holders a minimum return of 3% for each year.
  • Beside  a 3% fixed base output, Vintage PEF holders will benefit from a further 50% share from all distributable income as well as 70% of any proceeds when the Vintage Hotel is sold.
  • The PEF is fully exempt from corporate income tax, as well as the withholding and capital gain taxes for the non-resident investors.
  • The process is quick: One can apply for Portugal Golden Visa just after 10 days are passed from the date of the initial investment.
  • Professionals will oversee the investment directly from Lisbon.

Foreign Investors Prefer Portugal for its Safety and Tax Benefits

Portugal, which has the lowest crime rate in Europe, continues to be the number one choice of thousands of investor from all around the world. Foreign investors who have bought a house from Portugal may apply to Portugal Golden Visa which grants them a residence permit and European citizenship in the long term. The foreigners state that they are welcomed with a very positive attitude.

How is the Portuguese Real Estate Market?

According to experts, while many countries are currently in a turbulent political environment, Portugal stands out from other countries by its peaceful atmosphere, developed economy, high skilled labor and high quality living conditions.

In retrospect, low birth rates and declining population problems were the most important problems to be solved. The Portuguese government has decided to take steps towards these issues, and maintained a growth rate above the Eurozone average for the last two years. The recently introduced Golden Visa Program was successful at solving the country’s demographic problems. The program provides tax cuts to skilled professionals and therefore, attracts many foreign high net worth individuals. Portugal Golden Visa offers residence permit for non-EU investors who make a minimum of € 500.000 real estate investment.

Portugal Golden Visa in Numbers

Looking at the figures of last year, a steady growth is maintained for three consecutive years, the number of foreign investors registered in Portugal has reached to nearly half million. Foreign investment projects generated around 3,000,000 Euros in 2018, almost the highest number for the last 10 years. Between 2015 and 2018, the number of such projects increased by 161% reaching the fastest growth rate in Western Europe.

Portugal Golden Visa: The Most Advantageous Way to Make Investment in Portugal

Portugal’s economy demonstrates a stable growth and offers very special advantages for real estate investment. The current economic development surely benefit the Golden Visa investors a lot. Along with its strong tourism sector, the real estate market has become very profitable lately.

Real Estate Investment through Portugal Golden Visa

Portugal Golden Visa program offers residence permit to non-EU citizens who make a considerable amount of investment into the country. There are various investment types that are available, but the most preferred option is observed to be the real estate investment. The individuals need to invest in real estate that is worth a minimum of € 500.000 to apply Portugal Golden Visa. Once the Portugal Golden Visa application is successfully completed, the investors receive their residence permits, and earn the right to travel among the Schengen countries without a visa.

Making Investment in Portugal

After the crisis in 2010-2014, the Portuguese state introduced many policies that encourage entrepreneurship to develop the country. Especially in the country’s capital, Lisbon, more than 2500 international companies were established in a few years. The fabric of the city is rapidly changing towards becoming one of the main commercial centers in Europe, while offering a rare opportunity for real estate investors.

Stable Portuguese Economy

Portugal suffered a serious economic crisis between 2010 and 2014. Following the crisis, the Portuguese state quickly implemented a number of innovative policies in order to attract foreign investors and transform the city into an investment hub. Since 2012, the Portuguese economy continues to grow steadily. Since 2012, Portugal’s gross domestic product has been accelerating; The Portuguese economy, which grew by 2.8% in 2017, has lost its momentum, but continues to grow steadily.

Route to Become EU Citizen

Portugal Golden Visa programs offers a residence permit in Portugal to non-EU investors. If the applicants maintain their investor for five years and complete a full 5 years of legal residence, they earn the right to apply for Portuguese citizenship.  This way, the investors have gain full access to healthcare and education services in Portugal.

The Most Popular Program

Portugal Golden Visa is among the most popular residency by investment programs so far. The program allows investors to make a profitable real estate investment in Europe’s one of the most sought-after markets. In addition to that, golden visa investors can apply for Portguese citizenship which opens the doors of Europe. In 2020, Portugal’s success is expected to continue. You can read more about the future developments on the program.

Source: https://www.prnewswire.com/news-releases/portugal-is-still-the-best-bang-for-the-buck-in-europe-according-to-the-get-golden-visa-300905913.html

An Investor’s Guide To Portugal’s Golden Visa Program

What is the Golden Visa?

The Golden Visa is a residency-by-investment programme which offers citizens of non-European Union countries who invest in Portugal the opportunity to obtain a residence permit for the country.

Advantages of the Golden Visa

After 5 years of temporary residence the applicant may apply for permanent residency. After 5 years of legal residence, the applicant may also apply for Portuguese citizenship, by naturalization, provided all requirements set out by the Nationality Act are fulfilled. The holder of a golden visa may also obtain residence permits for their family (spouse, minors, dependent children, dependent parents and siblings who are under the care of the applicant). Subject to compliance with certain requirements, the visa holder may also apply for the granting of a non-permanent residence special taxation condition, which offers a reduced income tax rate. In addition, Portuguese golden visa holders acquire the right to travel visa-free and reside in the 26 Schengen area countries, including:

• Belgium • Czech Republic • Denmark • Estonia • Finland • France • Germany • Greece • Hungary • Iceland • Italy • Latvia • Lithuania • Luxembourg • Malta • Norway • Poland • Slovakia • Slovenia • Spain • Sweden • Switzerland • The Netherlands

How do I qualify?

To qualify, you need to be a citizen of a third-party country (i.e. Portuguese, EU and EEE nationals are not eligible for the Golden Visa programme). You must then opt for an investment route, as an individual or through a company.There are three main investment routes, with different amounts of investment required within each one:

Route 1

Capital Transfer (equal to or above EUR1 million)

Route 2

Job Creation (at least 10 jobs)

Route 3

Purchase of Real Estate

The purchase of property with a value equal to or above EUR500,000 or The purchase of a property older than 30 years or in an urban regeneration area for refurbishment, with a value equal to or above EUR350,000

What are the requirements?

According to the scheme, the investor shall maintain the investment for 5 years and comply with the minimum residency periods of 7 days in the first year, and 14 days in the subsequent 2-year periods.

What documentation is needed?

In general, the applicant will need to submit the following documentation:

1. Passport which is valid for at least three months, and valid Schengen or short-term visa;

2. Evidence of health insurance;

3. Signed authorization for consultation of criminal record;

4. Affidavit sworn by the applicant confirming that he/she will comply with the minimum requirements;

5. Certificate of non-debt issued by the Tax Authorities and Social Security in Portugal;

6. Criminal record from the country of origin, and of the country where the applicant has resided for more than one year;

7. Proof of the investment (the documentation required will vary according to the type of investment made).

How can I apply?

Get Golden Visa is happy to assist interested investors throughout their Golden Visa application.

Why You Should Invest in Portugal Golden Visa through Real Estate Acquisition

In 2012, the Portugal Golden Visa Program opened the doors of the country to foreign investors and companies from all over the world. Being the most preferred residency by investment programs among the foreign investors, the Golden Visa Program offers permanent residence permit through real estate investment. 

The residency requirement for the Golden Visa program is seven days per year which is very minimal. Portugal Golden Visa holders have the right to travel within the Schengen area without a visa. Plus, Portugal has a very advantageous tax regime. The residents are exempt from most of the foreign source income tax, if they stay in Portugal less than half of the year.

The Portugal Golden Visa Program has many other benefits for the investors. However, let’s discover the reasons why it makes sense to invest in Portugal through real estate acquisition.

Housing Prices

As of 2008, the housing prices in the country fell significantly. However, stabilization in the housing prices was observed in the last period. Portugal has made many attempts to achieve an economic recovery in this sense, one of them was the introduction of Portugal Golden Visa and the second was the regulations on taxes. When such developments were put on the stage, the demand rose remarkably and it became increasingly difficult to find a place for investment in the country. In terms of supply and demand, housing prices are expected to rise in Portugal in the near future.

Your savings are safe

In other European countries, such as Belgium, the Netherlands and Germany, the interest rate is controlled by the ECB (European Central Bank), which prevents people from investing in those countries.  Investors who do not prefer to invest in their own country are moving their investments to countries like Portugal.

Return on Investment

The appeal of owning a house in Portugal does not end there. While the joy of living in the warm and sunny climate of Portugal may be counted among the emotional reasons, the material reasons still maintain their relevance. When you choose to lease your investment property, the high return on investment will bring a smile to your face.

The Best Views

Construction in Portugal follows certain rules that protect nature and it is vital to pay attention to this matter. For instance, high rise buildings are not accepted. This gives you a privilege to enjoy the exceptional view of Portugal from anywhere in the city.

Reasonable Price and Welcoming Culture

Portugal is one the most important touristic destinations in Europe. There are many reasons for this: culture, food and drink, wines, history and so on. In addition, the hospitality of the locals is very important. When this welcoming culture is supported by an affordable life, the dreams get even closer to turn into a reality. 

Portugal Golden Visa: Discovering the Privileges of Living in Lisbon

Golden Visa Programs are designed to attract high net worth individuals to obtain a European residence permit in exchange for a real estate investment. Through the Golden Visa Program, many investors choose to purchase a luxury property in one of the most beautiful cities in Europe, Lisbon.

Lisbon is a magical city with a sunny weather all year round. Lisbon’s privileges come with a full package. You may find the rich historical culture as well as the modern way of life. You may enjoy the warm beaches while pursuing a luxurious lifestyle. Lisbon offers you a very high quality of life while offering diverse opportunities. The sense of security is vital for resident of any city, and Lisbon has the lowest crime rate in Europe. The convenience of living in Lisbon can be explained best by its ease of transportation. Lisbon’s airport hosts 15 million passengers annually, and provides transportation to America with an average of 11 flights per week. There are only a few cities in the world that can hold such advantages together. We are talking about a city that will satisfy your every need and desire.

Increase in Family Settlement through Golden Visa

The increase in the number of the Portugal Golden Visas issued for the past 2018 proves that the advantages of living in Portugal can’t be ignored. Portugal Golden Visa Program does not only attract investors who want to acquire a European residence permit, but it also attracts individuals who actually have the desire to reside in the country. Those who make the decision to settle in Portugal tend to bring their families with them.

Living in Portugal with Your Family

Portugal Golden Visa Program allows for family reunification, meaning that the investor may include his/her spouse and dependent children under the age of 18 into the program. Since the introduction of the program in October 2012, the number of residence permits issued to family members through family reunification is 12746. The large majority of Portugal Golden Visa investors are motivated by social reasons along with the economic ones. Families are often motivated by the future of their children while making a Golden Visa investment. According to data from the Portuguese Immigration Service (SEF), the number of residential investments increased in 2018. In addition, the data shows that the rate of family reunification increased by 14%.

Invest in Portugal Golden Visa 

Portugal Golden Visa Program was introduced in 2012, and since then it became one of the most successful residency-by-investment programs in Europe. Throughout the years, Portugal Golden Visa Program attracted many foreign investors mainly from China, Brazil, Turkey, South Africa and Russia. According to the Portuguese Immigration and Borders Service’s (SEF) data, 7465 residence permit have been issued through Golden Visa Programs since the beginning the of program in 2012 up to May 2019. The Golden Visa Program requires the investors to make an investment worth between € 350,000 and € 500,000 depending on the type and age of property. China and Brazil are the leading countries that invest in the Portugal Golden Visa Program. 

Portekiz, Golden Visa Programları İçerisinde Yatırımcılar Arasında Öne Çıkıyor

Birçok Avrupa ülkesinde nitelikli yabancı yatırımı teşvik etmek üzere geliştirilen Golden Visa programları sayesinde Avrupa Birliğine mensup olmayan vatandaşlar Avrupa ülkelerinde oturma izni kazanabiliyorlar. Her Avrupa ülkesinin Golden Visa programının sunduğu farklı avantajlar ve dezavantajlar bulunmaktadır. Bu yüzden yatırımcıların her programı detaylı incelemeleri önerilir. Golden Visa programları içerisinde Portekiz Golden Visa’nın aralarında en çok tercih edilen program olmasının arkasında önemli sebepler bulunuyor.

Portekiz Golden Visa Başvuru Süreci Yatırımcılara Direkt Bir Yol Sunuyor

Portekiz Golden Visa, diğer programlarla karşılaştırınca daha düşük bir meblağda hızlı ve kolay bir şekilde Avrupa Birliği vatandaşlığı imkanı sunuyor. Yatırımcılar Portekiz’de sürdürdükleri 5 yıllık yasal oturum süresinin sonunda Portekiz vatandaşlığına başvurmaya hak kazanıyorlar. Diğer Avrupa ülkeleri genellikle on yıllık bir oturum şart koşarken Portekiz’in gereklilikleri yatırımcıları yormuyor. Ayrıca, Portekiz Golden Visa sahipleri oturma izinlerini korumak için Portekiz’de zamanlarının çoğunu geçirmek zorunda değiller. Oturma iznine sahip olduktan sonra senede yedi gün Portekiz’de zaman geçirmeleri yeterli olacaktır.

Portekiz vatandaşlığına başvurmak isteyen adayların dil öğrenmeleri şart tutuluyor. Adayların vatandaşlık başvurusu için gerekli dil seviyesi A2 olarak belirlenmiştir ve hazırlanmak için beş yılları vardır.

Vizesiz Seyahat Hakkı Kazanmak için Minimum Gereksinimler

Adaylar, Portekiz Golden Visa sahibi olmak için en az 500.000 Euro değerinde gayrimenkul yatırımında bulunmalıdır. Bu yatırım sonucunda adaylar Portekiz’de oturma izni elde ederler. Golden Visa programı yatırımcılara önemli bir fiziksel ikamet şart tutmaz.  

Bunun yanında, başvuru sahibi programa eşini ve tam zamanlı öğrenciler oldukları sürece ailelerine ekonomik olarak bağımlı çocuklarını dâhil edebilir. Programa dahil olan aile fertleri eşit haklara sahip olurlar ve onlar da beş yıl sonra vatandaşlık başvurusunda bulunabilirler.

Portekiz Golden Visa Programının sağladığı en büyük avantajlardan biri şüphesiz vizesiz seyahat imkanlarıdır. Bir ortalama Avrupa Birliği pasaportu, sahibine en az 150 ülkeye vizesiz seyahat imkanı sağlar. Ayrıca Portekiz Golden Visa sahipleri Schengen Bölgesi içerisinde serbest dolaşım hakkını da kazanır.

Vergilendirmede Büyük Avantajlar

Finansal olarak ve daha önce belirtilen avantajları göz önüne alındığında, Portekiz Golden Visa bir yatırımcı için en iyi uluslararası yatırım seçeneklerinden biridir. Portekiz Golden Visa Programı başvuru sahiplerinden geri ödemesiz tutarı bağışta bulunmalarını istemez. Bunun yerine, başvuru sahiplerinin gelir getirisi olan bir yatırım yapmasına izin verir. Örneğin; gayrimenkul, daha sonra bir finansal kar olarak yatırımcıya geri dönecek bir varlık olarak kazançlı bir seçenek sunar. Programın önceki dönemlerinde yatırımcılar bu konuda çok avantajlı bir durumdalardı çünkü ortalama ev fiyatları 2013’ten bu yana yaklaşık% 40 arttı.

Portekiz’de vergi mükellefi olmak hem ülke sakinleri ve vatandaşları çok avantajlı bir seçenek çünkü Portekiz Avrupa’nın en iyi vergi rejimlerinden birine sahiptir.  Eğer Golden Visa sahipleri bir yıldan daha az bir süreyi Portekiz’de geçirirlerse, neredeyse tüm yabancı kaynak gelir vergisinden muaf tutulur.

Yatırımcıların Portekiz Golden Visa programını tercih etmelerinde vergi avantajları, vizesiz seyahat imkanları ve yatırım yoluyla ikamet fırsatı gibi bir sürü çekici sebep sayılabilir.  Çoğu yatırımcılar Portekiz Golden Visa programını Avrupa vatandaşlığı kazanmak adına bir adım olarak görüyorlar. Muhteşem plajları, hoş iklimi, dünyaca ünlü şarabı ve düşük maliyeti ile Portekiz, Golden Visa alabileceğiniz en iyi yer olarak öne çıkıyor.

Portekiz Golden Visa

Knight Frank’ın raporuna göre, Lizbon’daki yabancı yatırımcılar Portekiz lüks konut piyasasında değerleri havaya fırlattı, Portekiz başkentinde metrekare başına ortalama fiyat 2018’de yaklaşık% 7 artmış görünüyor.

 Portekiz hükümeti, 2012 yılında yatırım yoluyla oturma izni programını yürürlüğe soktu ve o zamandan beri çok başarılı bir performans sergiliyor. Program, farklı alanlarda ve seçeneklerde önemli miktarda yatırım karşılığında vergi teşvikleri ve oturma izni fırsatı sunmaktadır. Portekiz Golden Visa programına başvuranlar içerisinde en çok sık gerçekleşen yatırım çeşidi açık ara farkla gayrimenkul yatırımıdır. Knight Frank’ın raporuna göre, Portekiz hükümeti, Mart ayından itibaren, programın başladığı tarih olan 2012’den bu yana Portekiz Golden Visa Programının sonucu olarak yaklaşık 7.300 oturma izni verdildiğini bildirdi.

Portekiz Lüks Gayrimenkul Piyasasında Ne Oluyor?

Bazı Golden Visa başvuru sahipleri yeni bir işletme kurmayı veya sermaye aktarmayı seçerken, çoğunluk 500.000 Euro veya üstü bir değerde gayrimenkul yatırımı gerçekleştirmeyi tercih ediyor. Bu veriler Portekiz’in resmi göçmenlik istatistikleri incelendiğinde açıkça görülebilir.  

Uzmanlara göre yabancı yatırımcılardan ve içten gelen en yoğun talepler Avenida de Liberdade bölgesi için gerçekleşiyor. Söz konusu mahalle, metrekare başına ortalama 10.800 € (metrekare başına yaklaşık 1.000 €) olan ortalama fiyatı olan lüks ve tarihi bir merkezdir. 1988’de büyük bir yangının ardından gayrimenkul fiyatlarında yükseliş gösteren Chiado’da da fiyatlar metrekare başına yaklaşık 10.000 Eurodur.

PricewaterhouseCooper’ın Lizbon’u 2019’da Avrupa’da yatırım yapmak için en iyi yer olarak seçtiğini belirten Knight Frank’ın verdiği rapora göre, “Portekiz, sağlam ekonomik temelleri, uygun fiyatlar, düşük yaşam maliyeti ve ulaşım bağlantılarının iyileştirilmesiyle, şimdi yatırımcılar, gayrimenkul geliştiriciler ve turistler için uluslararası bir destinasyon haline gelmiştir”. Yıllık% 7 büyüme oranı ile Lizbon’un lüks konut piyasası, Knight Frank’ın başka bir endeksine göre, geçtiğimiz yılın dördüncü çeyreğinde, Avrupa’nın hemen hemen tüm büyük lüks merkezlerindeki fiyat artışını geride bıraktı.