Golden Visa Portugal?... A detailed guide to the Portuguese Golden Visa program, its Requirements, Costs, and how to apply for the Golden visa program in Portugal.
Golden Visa was established by the government of Portugal to attract foreign investors into the country. The Portugal Golden visa program is a quick route to obtain a permanent residency and citizenship in the country. The main aim of setting up this immigration program is to provide a stable growth to the economy. Investors who have the Portugal golden visa will secure a temporary resident permit for one year. However, if the visa is sustained for five years, holders become eligible to apply for a permanent residency. Similarly, after six years of your residency, you qualify for Portugal citizenship by investment, provided you fulfill other legal requirements.
There are also other benefits for investors who invest a certain amount as determined by the law. Since its inception in 2012, the golden visa program has had over 4,200 Portuguese visas issued to investors, and this is at an estimate of over EUR 2.5 billion worth of investment.
Moreover, citizens of EU/EEA member countries do not need to apply for the Portugal Golden visa, but rather, have to register their investment in the country.
Below, we shall look at the requirements for the golden visa program in Portugal, its benefits for investors and their families, as well as how to apply for a citizenship by investment in Portugal.