Investment Immigration
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January 2019: What is the Portugal Golden Residence
Visa?
Answer: The Portuguese Golden Residence Permit Program is
a five year investment-based residence process for non EU
nationals. The residence permit allows free circulation
in the Schengen Zone of 26 European countries and only requires
an average of seven days per year stay in Portugal.
After five years as a resident, the applicant is eligible
for citizenship if desired.
Main applicants are required to make one of three qualifying
investments: A. The acquisition of real estate with a minimum
value of EUR 350,000; or B. The transfer of capital with
a minimum value of EUR 1 million; or C. The creation of
at least 10 new jobs registered with the social security
department. Applicants are free to choose one of these three
investment routes.
The timeframe for application processing is approximately
two months subject to having completed all documentation
and the investment.
Because the time to Portuguese citizenship (EU passport)
is quite long, this program has become less popular over
the past few years. Unless the goal is to live in Portugal,
investors now favor the residency or citizenship by investment
programs of countries such as Cyprus, Malta, Greece or Bulgaria,
where citizenship may be obtained as quickly as 90 - 180
days.
Because immigration by investment programs can change over time
please
contact us to speak with an advisor or to receive a preliminary
quotation. The information provided in this blog post is intended for educational and informational purposes only. It should not be construed as legal or financial advice.
Everything you need to know about Malta citizenship, residency, and real estate.
Zenturo Ltd.
Residency & Citizenship by Investment
Programs Worldwide
394A / 395A, Triq il-Kbira San Guzepp
Santa Venera, SVR 1016
Malta
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