Portugal Golden Visa Among the World Top Ten Golden Visa Program

If you are among those who are seeking a nationality in any of the European countries for your strategic investment, a Portuguese golden visa is a good option. With this golden visa, you and your family will be able to live, study, and work in Portugal, which is one of the Schengen countries.

This implies that you can freely move in most of the European countries without the need to have a visa to these countries. There are many other benefits that the Portugal golden visa offers to its recipients.

For those who want to enjoy European life and are looking for robust investment opportunities, we say there is nothing better than the Portugal Golden Visa for them. Here is a brief insight into the Portuguese Golden Visa for the readers before we dive into some intricate details.

Portugal Golden Visa comes with quite affordable investment options for those who are interested in settling in Portugal based on strategic investment.
You are obliged to live in Portugal for only seven days after you have received a Portuguese golden visa via any sort of financial investment. This is for the first year of your residency. By law, for the next two years, you are expected to stay for fourteen days in Portugal each year.
This Portuguese Golden Visa also includes your reliant family members like your spouse, kids, parents, and even your spouse’s parents.
After you have enjoyed five years of Golden Visa residency in Portugal, you can apply for permanent residency in Portugal as well. In other words, the Portuguese Golden Visa can be your key to your citizenship in Portugal.
With this visa, you can travel to other Schengen countries visa free.
Living in Portugal is quite affordable, and you can adopt a standard lifestyle.

What is a Portugal Golden Visa?

For your information, the Portugal golden visa is also known by the name Residence permit for Investment activity or ARI. It offers non-EU nationals the right to live and invest in Portugal for straight five years.

This five years Portuguese Golden Visa scheme was originally introduced in 2012 by the Portuguese government in an attempt to boast foreign investment in the country. This scheme is now Portugal Golden Visa among the world top ten golden visa programs.

This golden visa scheme has not only benefited foreign investors but has also been a healthy step for Portugal’s economy. Ever since the launch of the scheme, the Portuguese government has issued almost 20,000 Golden visas to foreign investors. Furthermore, there has been almost £4 billion worth of investment afterward. Hence Portugal golden visa among the world’s top ten golden visa program.

One of the distinctive factors of the Portuguese Golden Visa is that with this visa, the investors themselves and their family members get the right to live and work in Portugal. They can live, work, and study in Portugal and other Schengen countries.

With its mesmerizing landscapes, vintage gardens, and warm weather, the Portuguese Golden visa is the most coveted citizenship in today’s era. Especially, the Americans seem to be more interested in moving to Portugal. Also, if you are looking for permanent residency in Portugal, you can be a Portuguese citizen after five years of investment, provided you are eligible for local immigration and citizenship laws.

In the near future, the Portugal Golden visa is expected to divert its focus on investment funds. Now, you will have more diverse sectors to invest in and a broad spectrum of options. This implies that investors from diverse business backgrounds will now be able to get their Golden Visa in Portugal.

Furthermore, 2024 is expected to be the year when people can invest in multiple niches under the cultural and arts categories. You will get more options within the cultural and art investment category to opt for in the running years.

Advantages of Portugal’s Golden Visa Program

The Portugal Golden Visa among the world top ten golden visa program which directly means that this visa offers plenty of advantages. There are several advantages that the Portuguese Golden Visa puts forth to its owners. However, we have come up with some of these benefits:

With this Golden Visa, you get access to 27 nations in Europe. You are also legally allowed to travel to other 172 nations without any visa when you have your Portuguese golden visa.
The investment costs for the application of the Golden Visa Program are quite affordable, starting from € 250,000.
After five years of Golden Visa residency, you get a European passport.
Your investment can be pretty much profitable when you are putting your faith in the Portuguese market because its is quite buoyant here.
When you are a non-habitual resident in Portugal, you get multiple benefits along with Golden visa residency. For instance, you will get to pay little or no taxes for the next ten years in Portugal.
By law, you are barely expected to stay in the country with a legal requirement of living seven days in Portugal for the first year and for fourteen years in the next two years.

Here are some of the other advantages of the Portugal Golden Visa:

Family Reunification

The above-all benefit of the Portugal Golden Visa is that you can live with your dependent family members. You can include all your family members who are financially reliant on you in your Portugal Golden Visa application and they will get the exact freedom you get with this Golden Visa.

Let us look into a list of family members who get Portuguese citizenship for five years under Golden Visa residency:

Your Spouse or a legal partner
Children who are aged under 18 years
Children of any age who are unmarried and financially dependent. For instance, students who are enrolled in some university programs are financially dependent on you.
Your and your spouse’s parents are above 65 years old. However, if they are under 65 years, they should be financially dependent on you.

Travel Benefits

As is already mentioned, when you have a Portuguese Golden Visa, you can freely hop from one country to another country in Europe. You can visit almost 27 EU countries without having to apply for a visa. This implies you can go with the flow and explore places hassle-free or attend meetings wherever they are located in Europe.

European Citizenship and Passport

Do you know what a Portuguese Golden visa means? It is a key to becoming a European citizen; the easiest pathway to get a European passport. After five years of being a Golden visa holder in Portugal, you can apply for Portuguese citizenship which means you can get European citizenship.

After you have gained Portuguese permanent residency, you can then apply for Portuguese passport which will offer you all the benefits of a European passport. You can then live, work and study as a European citizen in any of the EU countries.

Solid Investment Opportunities

Portugal fosters a stable and dynamic economy which makes it a lucrative place for startups and tech businesses. Hence if you are interested in investing your business in the technology sector, the Portuguese market is the option to go with.

With all these benefits, the Portugal Golden visa among the world top ten golden visa program.

Short Stay Requirements

When you have the Portuguese golden visa in your hands, you can stay for seven days in the country and you will still be a Golden visa resident. This implies that the minimum stay requirement in Portugal for Golden vis residents is seven days for the first year.

For the next two years, you are only required to live for fourteen days each year in Portugal to sustain your residency permit. Thus, if you are a businessman who needs to travel here and there extensively, the golden visa residency will never come in your way.

Tax Benefits

Tax benefits are the biggest attraction for expats who are willing to settle their business in Portugal. You will not be obliged to pay for income that you earn outside Portugal. In other words, you are only liable to taxes for your income that comes from business activities that are constrained to Portugal only.

You can also register yourself as a fiscal resident to avoid any extra taxes in Portugal. That way you will be able to enjoy the Non-Habitual Tax Regime or NHR. Under this regime, you will be able to dodge heavy taxes for straight ten years. Here is the list of income types that come under the NHR program:

Real estate Income
Dividends
Royalties
Occupational Pensions
Capital Gains from Real Estate
Business and self-employed jobs

This makes Portugal Golden Visa among the world top ten golden visa programs. However, you should know that you are liable to 20% of tax on incomes that you earn within Portugal. Furthermore, you can also pass on your wealth or business to your spouse, children, or any dependable family member without any inheritance or gift taxes.

Eligibility Criteria for Portugal Golden Visa

You need to meet eligibility criteria before you apply for a Portugal Golden Visa. Here is what is expected from you when you apply for Portugal Golden Visa:

You should have no past criminal record. In case you have some criminal record, your case will be analyzed by a competent lawyer.
You should either be coming from a non-EU, non-EAA country or should have a non-swiss national.
You should be able to invest in the Portuguese investment as minimum as € 250,000. There is a range of investment options that you can choose from.
Furthermore, you should be able to spend at least seven days per year in Portugal.

Portugal Golden Visa among the world top ten golden visa program, which makes this eligibility criteria worth it.

Investment Options for Portugal Golden Visa

Portugal is an ideal destination for aspiring businessmen or businesses who are looking for a lucrative market to expand internationally. However, when it comes to getting the Portugal golden visa, you should invest in any of the business options before you apply for residency.

Let us look into the investment options you have to meet the eligibility criteria for Portugal golden visa application

Fund Subscription: You can invest in private equity funds or also venture capital funds which are worth at the very least €500,000.
Also you can donate or invest in the art and cultural domain with a minimum amount of € 250,000.
You can also invest your €500,000 of money to scientific research and then you will be able to apply for Portugal Golden Visa.
You must be able to create job opportunities as much as ten jobs during a certain period of time.
Furthermore, you can purchase a real-estate property in Portugal. Whatever the real estate property you buy, its construction should date back to 30 years or it should be located in the urban regeneration areas.
In addition to this, if you transfer a capital of more than € 1.5 billion, you will be eligible for Portugal Golden Visa.

All in all there is a wide spectrum of business opportunities and investment options which makes the Portugal Golden Visa among the world top ten golden visa program. You get all the benefits of European citizenship when you have the Portugal Golden Visa in your hands. Hence, Portugal Golden Visa among the world top ten golden visa program.

Portugal Golden Visa Among the World Top Ten Golden Visa Program

Portugal Golden Visa Among the World Top Ten Golden Visa Program

What is a Portugal Golden Visa?