Golden Visa Programme-Portugal - | Hudson McKenzie
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Golden Visa Programme-Portugal

Portugal is a southern European country on the Iberian Peninsula, bordering Spain. Its location on the Atlantic Ocean has influenced many aspects of its culture: salt cod and grilled sardines are national dishes, the Algarve’s beaches are a major destination and much of the nation’s architecture dates to the 1500s–1800s, when Portugal had a powerful maritime empire.

Key Facts

  • Residents enjoy a mediterranean climate and culture.
  • Official language, both spoken and written, is Portuguese.
  • Currency is Euro, EUR.
  • Capital and largest city is Lisbon.
  • Investment options from €250,000 for the Golden Visa Programme.

Golden Visa Programme-Requirements

Applicants must fulfil ONE of the following three options:

  • Property-Purchase a property for at least €500,000 or invest €350,000 in property which is more than 30 years old or located in urban regeneration areas.
  • Investment– Make a capital transfer of at least €250,000 for the purposes of investment in artistic output or maintenance of national heritage, or a capital transfer of at least €350,000 for investment in research activities, or a capital transfer of atleast €350,000 for purchase of shares in investment funds or in venture capital geared to the capitalisation of small and medium companies, or capital transfer of at least €1million into a Portuguese bank account or specific approved investment option.
  • Job Creation-the applicant must create at least 10 jobs for locals.

Timescales

The Portuguese Government normally grants residence within 180 days from submission of the application.
Benefits of obtaining residence
  • Visa-free travel within the Schengen Area.
  • Applicants can apply for Portuguese Citizenship after six years.
  • Dependant family members can be included.
  • Minimal residency requirement- applicants are required to stay for 7 days only in the first year and 28 days in subsequent years.
  • As a member of the Europen Union, it provides an excellent launch pad for anyone wanting to access the 28 countries of the Schengen Area.

We would be delighted to assist you and your family members in obtaining residence for Portugal. Please get in touch with us at HudsonVIP@hudsonmckenzie.com to know more about this programme.
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