GOLDEN VISA GUIDE
The Golden Visa program was created in 2012 with the aim of attracting foreign investment in Portugal. The program makes it possible to obtain residency to foreigners who invest in Portugal. It is available for nationals from outside of the EU (European Union) and the EEA (European Economic Area) and allows for traveling within the European countries (Schengen Area).
Portuguese golden visa holders will get a temporary residence permit that will be valid for one year. The subsequent renewals of the visa will last for two years. Golden visa holders may request permanent residency in Portugal after five years and then after six years, they can apply for Portuguese citizenship.
What are its benefits and advantages?
Visa-free entry to Portugal
Visa-free travel throughout the 26 Schengen countries of the European Union
Possibility to study, work and live in Portugal
Residency may extend to family members
Possibility of obtaining permanent residency after five years
Possibility to apply for a European passport after six years
What are the minimum stay requirements in Portugal for this visa type?
Only seven days are required in the first year and 14 days in the subsequent two years.
MOST COMMON INVESTMENT OPTIONS
Bank transfer of a minimum of 1 million euros to Portugal.
Creation of 10 jobs
Creation of a company that hires at least ten people in a fulltime position
Invest € 500,000 in Real Estate
Real estate investment of a minimum of € 500,000 for any property type and anywhere located in Portugal
Invest in the renovation of a property
Renovation of an eligible property which should be, or over 30 years old, or located in a designated urban rehabilitation area (ARU).
Need assistance in obtaining your Golden Visa?
As we briefly touched on obtaining a Golden Visa, we understand that it may be challenging if you don't speak the language and don't know where to start. If you require assistance in connecting you with lawyers who specialize in property and immigration law, feel free to reach out to us.
GET IN CONTACT
The Kuabit team has helped people buy real estate, mainly in the Algarve, Cascais, Lisbon, and Silver Coast. We´re happy to clarify any doubts that you may have. Reach out to us, and we’ll respond asap.
+351 936 070 311