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GOLDEN VISA PORTUGAL THROUGH PROPERTY INVESTMENT

With investors attracted to its flexibility and rewards, the Portugal Golden Visa program has proven to be the most popular plan in Europe. The Portuguese government has extensively marketed the investor visa program since its inception in 2012. A family with dependent children can obtain a residency visa in Portugal by investing €500,000 (or €350,000 for a reduced alternative) in real estate. The golden visa can be renewed every two years as long as the applicant stays in the country for two weeks every two years.

Permanent residency and citizenship

One of the most appealing possibilities is the chance to apply for permanent residency and citizenship without having to live in Portugal for five years. In actuality, to renew the Portuguese Golden Visa, the applicant and their family just need to come for two weeks every two years. Citizenship in Portugal can be conferred without the applicant having lived in the nation for a period of time. Investors who have obtained residency under the golden visa programme must, however, show that they have ties to the country and pass a basic language exam. The right to live, work, and study anywhere in the European Union comes with Portuguese citizenship and a second passport.

The golden visa program grants the holder a Portuguese residency card that permits them to travel freely throughout the EU Schengen zone.