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Who is eligible for Portugal Golden Visa?

Published in Immigration 2 mins read

The Portugal Golden Visa program is open to individuals from all nationalities who meet the specific investment criteria.

Eligibility Requirements:

To be eligible for the Portugal Golden Visa, applicants must:

  • Be at least 18 years old.

  • Have no criminal record.

  • Have sufficient financial means to support themselves and their dependents in Portugal.

  • Invest in one of the approved investment options:

    • Real Estate Investment: Investing a minimum of €500,000 in real estate, either for purchase or rehabilitation.
    • Capital Transfer: Transferring a minimum of €1 million to Portugal.
    • Job Creation: Creating at least 10 new jobs in Portugal.
    • Scientific Research: Investing a minimum of €250,000 in scientific research in Portugal.
    • Artistic or Cultural Production: Investing a minimum of €250,000 in artistic or cultural production in Portugal.

Additional Requirements:

  • Applicants must provide proof of their financial means.
  • Applicants must submit a clean criminal record.
  • Applicants must provide documentation proving their identity and nationality.
  • Applicants must provide documentation proving their residency in their country of origin.
  • Applicants must provide documentation proving their health insurance.

Benefits of the Portugal Golden Visa:

  • Residency Permit: The Golden Visa grants residency in Portugal.
  • Family Extension: The Golden Visa can be extended to the applicant's spouse and children under 18 years old.
  • Visa-Free Travel: The Portugal Golden Visa allows visa-free travel within the Schengen Area.
  • Path to Citizenship: After five years of residency, applicants can apply for Portuguese citizenship.

Important Considerations:

  • Investment Options: The minimum investment requirements vary depending on the chosen investment option.
  • Property Restrictions: There are certain restrictions on the types of real estate that qualify for the Golden Visa.
  • Tax Implications: There are tax implications associated with the Golden Visa, so it's important to consult with a tax advisor.

Remember: The Portugal Golden Visa program is subject to change. It's always best to consult with an immigration lawyer or financial advisor for the most up-to-date information.

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