Portugal

portugal, flag, national flag

ABOUT PORTUGAL

Portugal is a breath-taking country on the Western Coast of Europe. It’s mild climate and beautiful beaches make it a popular holiday destination all year round. In addition to its scenic beauty, Portugal is recognized as having high living standards and ranks very highly on the Global Competitiveness Report (11th overall).

BENEFITS OF PORTUGUESE RESIDENCY

  • Right to live, work and study in Portugal.
  • Portugal is a member of the European Union and Schengen Zone.
  • Freedom of movement & visa-free travel to 26 member countries of the Schengen Area.
  • Portugal has a very favourable tax structure for Investors in the program. Non-Habitual Residents are exempt from taxation on foreign sources of income and benefit from a reduced tax rate on Portuguese sources of income.
  • Portugal has a low crime rate and is considered very safe. Amongst other lifestyle benefits, it has established education and health care systems and ranks very high on the human development index.

PORTUGAL GOLDEN RESIDENCE PERMIT

The programme seeks to attract foreign individuals who will be entitled to obtain permanent residency upon making one of the following three investment options.

COMMERCIAL REAL ESTATE - LISBON

Minimum Investment – €350,000 Euro
Applicants may purchase new commercial real estate properties in Lisbon with a minimum value of €500,000 or purchase a commercial property with a minimum value of €350,000 with the purpose of refurbishing it (includes refurbishing cost).

REAL ESTATE - OUTSIDE LISBON

Minimum Investment – €280,000 Euro
Applicants may purchase new real estate commercial or residential properties outside Lisbon & Porto with a minimum value of €400,000 or purchase a property with a minimum value of €280,000 with the purpose of refurbishing it (includes refurbishing cost). To qualify, the property must have been constructed more than 30 years ago and located in an area designated for urban regeneration.

CAPITAL INVESTMENT

Minimum Investment – €350,000 Euro
Capital investment options include the following: 

  • Transfer capital of at least €350,000 destined for venture capital funds which provide capital for companies based in Portugal.
  • Transfer capital of at least €350,000 to incorporate or increase share capital of a company with a registered office in Portugal, along with the creation of five jobs.
VISA-FREE TRAVEL TO 187 COUNTRIES AND TERRITORIES

Visa requirements for Portuguese citizens

  Portugal
  Freedom of movement
  Visa not required / eTA / eVisitor
  Visa on arrival
  eVisa
  Visa available both on arrival or online
  Visa required prior to arrival

Portugal Summary

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LOCATION:Western Europe
CAPITAL CITY: Lisbon
TOTAL AREA: 92,212 km
TIME DIFFERENCE: UTC+0 (Summer – UTC +1)
LANGUAGE:
Portuguese (official), Mirandese (official, but locally used)
GOVERNMENT TYPE: Unitary SemiPresidential Constitutional Republic
CURRENCY: : Euro
GDP (PER CAPITA): $30,192 USD
POPULATION: 10,309,573

AGE STRUCTURE:
0 – 14 years: 15.9%
15 – 64 years: 65.7%
65+ years: 18.4%

BENEFITS OF THE PROGRAM

  • Residence Permits issued in as little as 6 months.
  • Minimum residency requirements to qualify for renewal – only 7 days in the first year and 14 days in the subsequent two year periods.
  • Eligible for Permanent Residency after 5 years.
  • Residency contributes towards eligibility for citizenship. After six years of legal residence in Portugal, it is possible to apply for citizenship. But please note that applicants must also be 18 years or older, have a clean criminal record and have a basic fluency in the Portuguese language to be eligible.

GLOBAL RANKINGS:

  • Rank 77 – 2017 Index of Economic Freedom
  • Rank 3 – Safest Countries in the World
  • Rank 4 – Passport Power Index
  • Rank 24 – Forbes Best Countries for Business Index 
  • Rank 41 – UNDP Human Development Indicators (World)

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