111Immigration - Portugal

Portugal

Portugal has long been one of the favourite destinations for tourists, retirees and investors for a variety of reasons. Besides its geostrategic position on the Atlantic zone, the land is blessed with great weather, affordable living costs, reduced tax options, good infrastructure and commendable education and healthcare systems. Above all, Portugal is one of the most welcoming European countries for foreign residents. Notably, the country has undertaken an impressive set of reforms around its tax system, employment market and competition laws.

Capital: Lisbon | Total Area: 92,090 sq. km. | Language: Portuguese | Government Type: Semi-presidential republic | Currency: Euro (EUR)

Why Portugal Residency by investment?

The westernmost developed country of Europe, Portugal offers a great environment for expats to live and invest. It is regularly ranked as one of the happiest places for expats. In addition to the superior quality of life that the country offers, investors can find exciting opportunities in its various thriving business sectors including tourism, information technologies, and communication. Portugal’s Golden Residence Permit Program is designed to offer a fast-track route to obtaining a residency permit in Portugal. It is offered in accordance with the Ministry of Foreign Affairs through the Department of Consular Affairs and the Portuguese Trade and Investment Agency (AICEP). Here’s why you should consider the Portuguese Republic for residency:

Travel visa-free within the Schengen and EU member states.

Eligible for permanent residency or citizenship of Portugal after five years as a temporary resident.

Residence visa waiver (under the Golden Visa program) for entering Portugal and visiting Schengen countries.

Family members such as children and parents can be included.

What are the qualifications?

Applicant should not have a criminal record.

The primary applicant’s property should not be frozen in any EU states.

Applicants must enter Portugal with a valid Schengen visa for the first time.

Applicants must meet the requirements on minimum period of stay.

What are investment options?

Investors can choose from the below investment options as per the updated Act 63/2015 and Regulatory Decree 15-A/2015 in July 2015.

Property Investment

Purchase real estate properties worth € 500,000 or more outside Lisbon and Porto.
Acquire real estate property worth € 350,000 or more to renovate. The property should at least be 30 years old or in the urban regeneration areas.

Capital Investment

Make a minimum investment of € 500,000 in scientific research activities.
Invest a minimum of € 250,000 to support Portugal’s local arts or for the refurbishment of national heritage projects.
Make a minimum investment of € 500,000 to purchase shares in investment funds or venture capital firms that offer capital to small or medium-sized Portuguese companies.
Applicants must provide employment opportunities for 10 or more people.
The minimum capital transfer investment €1,5 million.

To know where to invest, reach out to our expertise.