Portugal boasts rich historical and cultural heritage spread across from white sandy
beaches in Cascais to the city of seven hills, Lisbon. The country has encouraged
high net worth individuals with its several avenues of potential investments in
sectors like textiles, manufacturing, and construction and most recently Real Estate
supported by the demand of the Golden Visa.
Portugal’s passport is ranked as the 6th strongest passport in the world. The Golden
Residence Permit (Golden Visa) Programme, Portugal’s residence by investment program,
was established in October 2012 allowing non-EU citizens to receive a temporary
EU Residence Permit in exchange for investments in Portuguese Real Estate.
To qualify for residency or citizenship, applicants must meet the following criteria:
- Be a non-EU citizen.
- Possess a valid passport or another foreign travel document.
- Provide documents supporting the source and origin of invested funds.
- Hold no criminal record.
- Pay application and processing fees where applicable.
- Meet or exceed the minimum stay requirements. (Seven days for the first year, 14
days for subsequent two-year periods.)
The Portuguese Permanent Residency extends to the spouse and children under 18 years
old. However, if proven financially dependent on the main applicant, the parents
and children over 18 years of the main applicant can be included in the application.
The applicant can make an investment in any one of the options below for 5 years:
- A minimum of €280,000 investment in commercial or residential real estate. FRR offers
- A capital transfer of €350,000 to investment/venture capital funds.
- A capital transfer of €250,000 towards preserving national heritage.
- A capital transfer of €1,000,000 to a Portuguese bank.