Portugal Citizenship by investment
Portugal’s passport ranks sixth in the world in terms of strength, making it highly desirable for international travel. Moreover, people choose to invest and reside in Portugal due to its rich and diverse culture, peaceful atmosphere, and steady economic growth. Portugal is situated in a region that has long been a popular tourist destination, drawing visitors for decades with its lively streets, stunning historical sites, and crystal-clear waters. Visitors to Portugal often note the country’s well-organized and stable systems. With the 6th strongest passport in the world, Portugal has become a preferred destination for elite families looking to relocate.
Requirements for Portugal Citizenship Program
The Golden Resident Permit Program in Portugal is administered by the Ministry of Foreign Affairs through the Department of Consular Affairs and the Portuguese Trade and Investment Agency (AICEP). Its primary objective is to attract foreign direct investment to the country, granting a residency permit to non-EU investors who meet one of the investment options listed below, as well as the following criteria:
- Demonstrate that investment funds originate from abroad.
- Have no criminal record.
- The primary applicant’s assets are not frozen within the EU.
- Pay any applicable application and processing fees.
- Enter Portugal for the first time with a valid Schengen visa.
- Fulfill or exceed the minimum stay requirements, which are seven days for the first year and 14 days for each subsequent two-year period.
Investment Options for Portugal Citizenship Program
1. Property Investment Options
Revised in July 2015 through Act 63/2015 and Regulatory Decree 15-A/2015, the investment options for Portugal’s Golden Resident Permit Program were modified and expanded. Applicants now have the option to choose from the following:
- Purchase property worth €500,000 or more, or
- Purchase property worth €350,000 or more for properties over 30 years old or located in designated urban regeneration areas, or
- Purchase property meeting any of the above requirements with a 20% reduction on the minimum investment amount if it is in a low-density population area (€400,000 or €280,000).
2. Capital Investment
- A minimum investment of €350,000 in research activities.
- A minimum investment of €250,000 in arts, reconstruction, or refurbishment projects related to national heritage.
- A minimum investment of €500,000 in shares of investment funds or venture capital.