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About Portugal
The Portugal Golden Residence Permit (GRP) Program has proven to be one of the most popular scheme in Europe with investors attracted to its flexibility and benefits. Launched in 2012 and recently amended, the Golden Residence Permit Program is a fast-track residency program, granting permanent in Portugal for non-EU members and their family members with no direct tax implications for income generated outside the country.
About Program
The Portugal Golden Residence Permit Program has proven to be one of the most popular schemes in Europe with Investors were attracted to its flexibility and benefits. Launched in 2012
Benefits
Visa-free travel within all Europe Union
Residence Permit for the investor's immediate family members, such as spouse or partner, dependent children and dependent parents
Residence visa waiver to enter Portugal
Right to apply for EU Portuguese Citizenship after 5 years
Applicant can obtain a tax TAX number under specific tax regime
Right to live, work and study in Portugal
Who is eligible?
Valid passport and Schengen visa, or a short-term visa
Clean criminal record
Meet or exceed the minimum stay requirements (7 days for the first year, 14 days for subsequent two-year period)
Valid passport and Schengen visa, or a short-term visa
Maintain the investment for 5 years
Proof of medical insurance
Financial Requirements
| There are 5 different investment options as follows: | ||||
|---|---|---|---|---|
| Job Creation: | Establish a positive impact by creating a minimum of 10 jobs. | |||
| Research Capital: | Contribute to scientific advancement with a capital transfer of EUR 500,000 or more towards research activities in national scientific and technological institutions. | |||
| Cultural Investment: | Support the arts and cultural heritage by transferring EUR 250,000 or more towards artistic production, recovery. or maintenance, in collaboration with recognized cultural entities. | |||
| Investment in Funds | Investment of EUR 500,000 or more for the acquisition of share in specific collective investment organisms, which include certain types of funds | |||
| Business Incorporation: | Contribute to economic development by transferring EUR 500,000 or more for the incorporation or reinforcement of a commercial company in Portugal, accompanied by the creation or maintenance of permanent jobs. | |||
Timeline:
Application timelines can vary depending on each application and can be difficult to predict.They usually depend on how quickly the applicant can access and provide the required documentation. Whilst every reasonable efforts have been taken by Global to ensure timelines information appearing on this document are accurate Global cannot be held responsible for any changes, modifications, delays or inaccuracies which are unforeseeable and/or are not within the control of Global.