A new law adopted by Portugal’s government has introduced the new program Portugal Golden Visa, which allows citizens of third countries to receive a residence permit in Portugal by investing in real estate for a minimum period of 5 years.

Unlike other such possibilities in Europe, Portugal is offering investors the ability to not only receive temporary residency, but by fulfilling the conditions of maintaining the investment and staying a minimum period of time in the country, investors can also claim permanent residency and EU citizenship.

Length-of-stay requirements for holders of a Portugal Golden Visa

After receiving Portuguese citizenship you will be a full EU citizen and can freely live, work, study, and do business in any country of the European Union, you will receive the ability to move freely around the countries of the Schengen area, and you will have access to the social and government guarantees of those countries.

* Citizenship of Portugal can be claimed by applicants who, over the last 6 years, have lived in Portugal for over 183 days per year and are able to pass a language test.

Who can participate in this program?

All candidates must lack a criminal record, they cannot have violated Schengen visa or customs rules, they must not be barred from entry into the EU, and they must not be subject to an inquiry in the SEF integrated information system.

What this program brings you

Residency through the Portugal Golden Visa program is valid for a period of 5 years. However, it must be extended after the first year for another two years, and then for another two years. You must observe certain minimum conditions for being present in the country: no fewer than 7 days in the first year, and no fewer than 14 days in each of the following 2-year cycles.

Documents you will need

  • Proof of ownership of the piece of real estate, issued by the Land Registry Office
  • Declaration that you are not in arrears to the state customs and taxation authority or the social insurance fund
  • Passport
  • Proof of address of permanent residency in your country of citizenship
  • Attestation that you have no criminal record in your country of citizenship, as well as in any countries you have lived in for at least one year in the last 5 years
  • Proof of medical insurance
  • A signed form allowing SEF to carry out a background check in the Portuguese criminal record registry

For family members’ applications

  • A passport for all members of the family
  • Marriage certificate and children’s birth certificates
  • Proof that the family has living accommodation in Portugal
  • Proof of income of at least 12,000 euro a year for each adult and 6,000 euro a year for each child

A signed declaration of good intentions by the applicant that he/she will keep the investment for at least 5 years.

The price of our Portugal Golden Visa package includes:

Consultation on all possibilities and finer details of participating in the Portugal Golden Visa program

Drawing up a power of attorney

Opening a bank account in Portugal

Obtaining a Taxpayer Identification Number in Portugal

Providing contact with financial representation services

Providing our escrow account and related services (if necessary)

Analysis and check of all documents relating to real estate ownership

Preparation up of a reservation agreement

Preparation of a promissory contract

Final act

Registration of real estate ownership rights at the Land Registry Office and financial authorities

Representation of owner’s interests to public utilities (electricity, gas, water)

Acting as a trustee in all legal documents relating to the real estate

Preparation and submission of documents for temporary residency under the Golden Visa program

Accompanying your case for 5 years

Extension of resident status under the Golden Visa program

Support in obtaining Portuguese citizenship

GET DETAILED INFORMATION

FROM A SPECIALIST OF DISCUS HOLDINGS