Portugal
Enchanted Escapes: Discover Portugal
With its rich history, Portugal is considered one of the world’s most globalized nations and is ranked among the top 10 countries on the Global Peace Index. It is the world’s largest supplier of cork and enjoys the benefits of a strong tourism industry. Portugal has produced streamlined legislation to create an efficient process by which non-EU citizens may obtain a residence permit based on investment.
Population: 10.2 million
Languages: Portuguese, with English widely spoken
Economy: Business-oriented services and manufacturing-based
Currency: Euro
Key benefits
Requirements
Choose any one of the qualifying options in any of the below categories:
Capital Transfer Options
- EUR 1.5 million minimum capital transfer into a Portuguese bank account or approved investments
- EUR 500,000 for the acquisition of investment fund or venture capital fund units committed to the capitalization of companies incorporated under Portuguese law, with a maturity of at least five years and with at least 60% of the investment portfolio in companies with a registered office in the national territory
- EUR 500,000 for research activities of public or private entities that are part of the national scientific and technological system. EUR 400,000 in a low population density area*
- EUR 250,000 in support of artistic production or in the recovery or maintenance of national cultural heritage. EUR 200,000 in a low population density area
Property Acquisition Options
- EUR 500,000 minimum real estate purchase (residential property is limited to designated interior areas). EUR 400,000 in a low population density area*
- EUR 350,000 minimum real estate purchase for the refurbishment of properties older than 30 years or in an area of urban regeneration, including the cost of renovations (residential property is limited to designated interior areas). EUR 280,000 in a low population density area*
Business Options
- Creation of a minimum of ten new jobs. Eight new jobs in a low population density area*
- EUR 500,000 for the incorporation or increase of the share capital of a company that is registered in Portugal, creating or maintaining a minimum of five permanent jobs for a period of three years
*A low population density area is defined as less than 100 inhabitants per km² or with a GDP per capita below 75% of the national average.
Procedure
- Client contacts us
- We advise on the best program for you and your family
Initial due diligence checks completed - Onboarding and preparation of application takes place
Client agreement signed and retainer paid - You are granted your new residence rights
Main applicant visits Portugal to start the legal process (sign powers of attorney and certify passports), choose the qualifying option, and open a bank account. The process may also be conducted remotely until step 7 below - We will continue to support you
Investment finalized and documents collected - We will continue to support you
Application submitted to the online platform and accepted by government authority (processing time about nine months) - We will continue to support you
Client visits Portugal again, with family, to conclude the application process — provide biometric data and original documents (processing time about five–eight months) - You are granted your new residence rights
Application approved - You are granted your new residence rights
Two-year residence permit issued, renewable for two subsequent periods of two years (the client can thereafter either extend the permit again, apply for permanent residence, or apply for citizenship)