With citizenship under your belt, you can enjoy the right to live, work, and study anywhere in the EU and travel visa-free to over 182 destinations. For the Portugal Golden Visa qualified investment fund, you can choose from sectors like energy, industry, technology, and real estate.Chat to one of our Portugal Golden Visa consultantsLifestyle choices vary, which is why we take the time to learn about your individual situation and requirements. Our Portugal’s Golden Visa Program is one of the most popular residency-by-investment programs in the world. The minimum investment is €500,000, which must be made on any type of property or in any number of properties and anywhere in the Portuguese territory.Portuguese Golden Visa applicants do not have to take the Portugal Golden Visa language test in order to obtain a residency permit, although they must complete the test in order to gain citizenship. For all other certificates, it is 180 days.Portugal Golden Visa documents and the Portugal Golden Visa application form must be legalized and translated into Portuguese by a certified translator.Documents can be legalized either by the Portuguese Consulate or by the Apostille of The Hague Convention.Original documents must be accompanied by a certified translation in Portuguese, which may be done in one of three ways:By a translator who is accredited by the Portuguese ConsulateBy anyone, if the translation is certified by a Portuguese lawyerGetting a Portuguese NIF and opening a Portuguese bank account for the Portugal Golden VisaThese are relatively straightforward processes in Portugal and can both be done remotely.The NIF is your tax identification number, distributed by the Portuguese fiscal authorities (Finanças) used for tax purposes that are needed to carry out various transactions including opening a Portuguese bank account and buying property. Meaning, your family can also enjoy the same freedom of opportunities and a second residence in a safe and stable country!Dependent children under 26 as long as they are single and enrolled as full-time studentsParents of either spouse if over 66 years old (or 55 and dependent)Siblings under the age of 18 years from either spouse or partner if legally responsibleTo get the Golden Visa in Portugal, you must make a qualifying investment ― usually in real estate or funds ―and hold the respective investment for five years. In fact, it’s business as usual, with a surge in applicants applying for the Portugal Golden Visa scheme.
Opportunities to become a permanent resident or citizen is possible, provided that the qualifying Portuguese government’s proposed changes to the Portugal Golden Visa starting from 2021, it’s important to stay informed.Currently, changes to the Golden Visa Portugal have been suspended. For those that have been considering investing in major cities such as Lisbon or Porto, we would suggest moving forward as soon as possible before any changes come into effect.La Vida has a huge portfolio of real estate investment options which meet the Golden Visa requirements. Portugal Golden Visa does not grant direct citizenship. This is because Portugal is seen as a prime destination among property investors, with a flourishing real estate market, high rental yields, and booming tourism industry. The Golden Visa Portugal can absolutely get you citizenship. The investors must first successfully complete substantial investments in designated areas and maintain their compliance with all the rules throughout the 5 year period needed for the right to apply for naturalization.
And amidst COVID-19, the has been welcomed. You must hold your investment for at least five years before you’re eligible to apply for permanent residency and a Portuguese passport. In May 2020 alone, While you can do the Portugal Golden Visa application yourself, we recommend you consider a Portugal Golden Visa lawyer because they know the rules and regulations inside out, and can support you from beginning to end in your Golden Visa application.The Portugal Golden Visa fees start from €6K for legal costs, plus more for application processing and meeting the investment threshold.
Also, the documents must be submitted by Golden Visa applicants both for the initial application and for each renewal.Deed or contract of the purchased property or signed promissory contract with proof of the deposit paymentDeclaration from your bank in Portugal confirming the transfer of fundsCertified copy of the criminal certificate or a Police clearance letter from your country of originA completed form authorizing SEF to get an extract of your Portuguese criminal recordsDeclaration from you confirming compliance with the investment requirementsDocuments showing a good standing with the Portuguese Tax and Customs Authority and Social Security system. To get the Portugal Golden Visa permanent residence card, you must also have a clean criminal record.Yes you can get Golden Visa Portugal citizenship after five years of holding your Golden Visa investment.The Portugal Golden Visa processing times usually takes anywhere from three to six months for approval and issuance of your residence card.
Leader of the Socialist party, Ana Catarina Mendes has suggested that the investment requirements are changed to benefit low-density areas and the autonomous regions of Portugal as opposed to the major cities of Lisbon and Porto, where most investments are currently made.Nothing is official yet. Properties in major cities such as Lisbon and Porto may no longer qualify for the programme from 2021 and investors will need to purchase outside of these locations.