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Today, we're diving into the recent updates and benefits of the Portugal Residency. With its stunning landscapes, rich culture, and strategic location in Europe, Portugal offers an enticing pathway for global investors seeking residency and eventual citizenship.
In January 2024, significant changes were made to the Portugal's Golden Visa program, officially known as the Autorização de Residência para Atividade de Investimento (ARI), and one of the most popular alternatives to obtain Residency in the country. Most notably, the option to obtain a Golden Visa through property investment ended in October 2023. Now, the focus has shifted to other investment avenues such as investment funds and scientific research.
If you're ready to explore your options for residency in Portugal and take advantage of the Portugal Golden Visa program, you're in the right place! Our team is experienced, having assisted applicants from various backgrounds in obtaining their Portugal residency through investment. Reach out to us now!
First and foremost, Portugal provides a clear and straightforward route to residency for investors outside the European Union. This residency permit comes with a multitude of advantages. Investors gain the right to live, work, and study in Portugal. Additionally, they can travel visa-free within the Schengen Area, making European travel hassle-free. After five years, investors have the option to apply for permanent residency and eventually Portuguese citizenship, which includes an EU passport and expanded travel, economic and living opportunities.
If you're ready to explore your options for residency in Portugal and take advantage of the Portugal Golden Visa program, you're in the right place! Our team is experienced, having assisted applicants from various backgrounds in obtaining their Portugal residency through investment. Reach out to us now!
A key advantage of the Golden Visa program is its inclusiveness. Spouses, dependent children, and parents can also benefit, making it a family-friendly option. With residency, families gain access to Portugal’s excellent healthcare and education systems.
Portugal is not just a gateway to Europe but a country rich in culture and history, with a favorable climate and a high quality of life with a low cost of living compared to many Western European countries.
If you're ready to explore your options for residency in Portugal and take advantage of the Portugal Golden Visa program, you're in the right place! Our team is experienced, having assisted applicants from various backgrounds in obtaining their Portugal residency through investment. Reach out to us now!
The application process for the Golden Visa is organized and straightforward. Applicants must first submit an expression of interest and provide necessary documentation including proof of investment and a clean criminal record.
This journey can take from 12 to 20 months approximately, culminating in the issuance of a residence permit.
Let’s delve into the specific investment routes available in 2024 under the Golden Visa program. One option is to contribute a minimum of €500,000 to public or private scientific research institutions, supporting Portugal’s innovation and development sector.
Another route is to invest in approved investment funds or venture capital funds. With a minimum contribution of €500,000, these funds aim to stimulate economic activity in various sectors within Portugal, offering growth opportunities for both the country and the investor.
A donation option of €250,000 towards the restoration and maintenance of national heritage sites is also available. This amount is reduced to €200,000 in low-density areas.
If you're ready to explore your options for residency in Portugal and take advantage of the Portugal Golden Visa program, you're in the right place! Our team is experienced, having assisted applicants from various backgrounds in obtaining their Portugal residency through investment. Reach out to us now!
The Portugal Golden Visa requires renewal every two years. To renew, applicants must verify that their investment is still in place and submit evidence of meeting the minimum stay requirement in Portugal, along with other documentation requested by the Serviço de Estrangeiros e Fronteiras (SEF).
One of the significant advantages of this option compared to any other alternative is the minimum stay requirement. To maintain your residency, you need to spend only a minimum of seven days in Portugal per year.
In summary, the Portugal Golden Visa offers a unique blend of lifestyle benefits, travel freedom, and investment opportunities. Whether you’re looking to live, work, study, or explore Europe, Portugal provides a welcoming and dynamic environment. Discover the potential of residency by investment in Portugal, and open the door to a future full of possibilities.
If you're ready to explore your options for residency in Portugal and take advantage of the Portugal Golden Visa program, you're in the right place! Our team is experienced, having assisted applicants from various backgrounds in obtaining their Portugal residency through investment. Reach out to us now!
If you're ready to explore your options for residency in Portugal and take advantage of the Portugal Golden Visa program, you're in the right place! Our team is experienced, having assisted applicants from various backgrounds in obtaining their Portugal residency through investment. Reach out to us now, click here.
If you’re ready to apply and would like a 1-on-1 session with one of immigration team members at INGWE, you can also book a session directly using this consultation link.
