Golden Visa Program
Portugal
Receive tailored guidance for your golden visa journey with Smith & Adams. Our team of experts is dedicated to providing sensitive assistance in making your initial decisions, guiding you through tax considerations, documentation, and any requirements for obtaining your Golden Visa. Unlock a multitude of benefits that await you. Allow us to be your guide on this journey!
What is a Golden Visa?
The Golden Visa program in Portugal allows investors to obtain citizenship through various investments. In October 2023, the government announced significant changes to the program. It offers residency by investment, providing international investors with visa-free travel, work, study, and living opportunities.
The benefits extend to the investor's family members, granting them significant freedom.
What benefits can you enjoy with your Golden Visa?
Embarking on the Golden Visa journey in Portugal offers exclusive advantages, such as visa-free travel to 27+ Schengen countries, access to the public healthcare system, and eligibility for residency, work, and study. Citizenship becomes attainable within 5 to 10 years of Golden Visa residency, paving the way to full European citizenship. This journey promises a distinctive blend of European lifestyle and opportunities.
Employment
Healthcare
Family Inclusion
Higher quality of life
Education
Travel Freedom in Leisure or Business
Do Golden Visa lead to Citizenship?
The Golden Visa program in Portugal provides high-net-worth individuals with a residency permit, and unlike many countries, Portugal offers the possibility of citizenship after five years of residency. Following the prescribed residency period (5 years), are no longer subjected to a language test requirement.
Golden Visa Requirements
The requirements for acquiring a Golden Visa in Portugal typically include the following criteria, which investors are commonly required to fulfill during the application process:
- Be either non-EU, non-Swiss, or non-EEA citizen;
- Have a clean criminal record;
- Possess a valid passport and reside legally in a country;
- Investment period for at least 5 years;
- Comply with the minimum time of staying in Portugal (14 days every two years).
What are the investment options in a Golden Visa?
Investments in Private Equity
Criteria for investment include the creation or maintenance of a minimum of 10 jobs, maintenance them for 3 years, an obligation for the company to have its headquarters in national territory, and an investment of €500,000 in an existing Portuguese company.
Investment in Portugal D2 Visa
The Portugal D2 Visa is a Residency by Investment program and a new alternative solution to the Portugal Golden Visa. This program leads to Portuguese citizenship and is designed to attract high-net-worth individuals to invest in the economy by opening a new business or branching out an existing one in Portugal.
Investments in National Funds
The investment criteria include the establishment of a fund with a maturity period of at least 5 years at the time of investment, prohibiting direct or indirect investments in real estate. Additionally, 60% of the investment value must be implemented in commercial companies based in national territory.
Investments in National Heritage and Science: Investing in Portuguese National Heritage can be achieved by contributing an amount equal to or greater than €250,000 in support of artistic production, recovery, or maintenance of the national cultural heritage. Alternatively, an investment of €500,000 in scientific research is another viable option, with a 20% discount applicable in low population density regions. Additionally, to qualify, a minimum of 10 jobs must be created and maintained for 5 years.
Investments in Companies: For investments in companies, there are two options. The first involves establishing a new company headquartered in national territory, with an investment of €500,000 and the obligation to create 5 permanent jobs, maintaining them for 3 years. The second option is to invest €500,000 in an existing Portuguese company that accepts the obligation to create 5 permanent jobs and maintain this condition for 3 years.
Step-by-step process
How to Apply for a Golden Visa?
Our team of professionals at Investment Visa has prepared a step-by-step guide for our clients on the application process for their desired Golden Visa program. At Smith & Adams, our mission will always consider the needs of our investors, with the outlook of building a better financial future for our clients and their families.
Talk to Smith & Adams
Explore and gain insights into diverse investment routes. Our expertise guides you in selecting the most suitable option, and we present a range of projects for your investment consideration.
Prepare Documentation
It is time to prepare all the documents, including the proof of investment documentation. We will inform you about what must be prepared, the particularities of each document and those that we must translate and legalize.
File Residence Application
Complete the real estate acquisition or the way chosen for applying. We will also book the biometrics appointment for you and your family.
Golden Visa Submission
You will be required to pay the Government an application fee and provide a copy of all the required documentation.
Residence Approval
After Golden Visa approval, you will have to pay the government issue fee. Receive a 1-year residence certificate, renewing it in years 2 and 4. Attain permanent residency after year 5.
Portuguese Passport Received
Once the process of applying for the Portuguese nationality is finished.
Greece
Investment Amount
Minimum amounts vary with each country's program
€100,000.00
Property Type
Minimum amounts vary with each country's program.
Habitational
Number of dependants
Include Children, Spouse and Parents (from both the applicant and the spouse).