Portuguese Golden Visa: Ultimate guide to Portuguese citizenship
The South African – 31 March 2022
Are you planning to emigrate to Portugal? The Portuguese Golden Visa might be the best option for you. Here’s what you need to know to apply.
The ultimate guide to a Portuguese Golden Visa
The Portuguese Golden Visa enables third-country nationals to obtain a temporary residence permit to live and work in Portugal.
Portuguese, EU and EEE nationals are not eligible for the Portuguese ARI/Golden Visa scheme.
Why you should apply for the Portuguese Golden Visa residence permit?
You are able to renew it if you stay physically in Portugal for a period of at least 7 days a year during the validity of your Golden Visa.
Advantages of applying for the Portuguese Golden Visa
- Very low minimum stays requirements in Portugal — a minimum of 35 days for 5 years.
- Family reunification.
- Residence visa waiver for entering Portugal.
- Visa exemption for travelling within the Schengen Area for 90 days out of 180.
- Applying for permanent residence after 5 years.
- Applying for Portuguese citizenship after 5 years.
Which family members can be added?
- Main Investor.
- Spouse (same sex is also qualified).
- Minor children.
- Adult children, financially dependent and single.
- Parents and parents in Law.
Portuguese Golden Visa Investment options available ?
All third-country citizens who invest in Portugal through one of the below-mentioned investment options are eligible, provided they fulfil the quantitative and the time requirements set out by law.
- Capital transfer with a value equal to or above 1,5 million Euros.
- The purchase of real estate property with a value equal to or above 500 thousand Euros.
- The purchase of real estate property, with construction dating back more than 30 years or located in urban regeneration areas, for rehabilitation works, for a total value equal to or above 350 thousand Euros.
- Capital transfer of the amount of 500 thousand Euros, or higher, for the acquisition of units of investment funds or venture capital fund of funds dedicated to the capitalization of companies, capital injected under the Portuguese legislation, whose maturity, now of the investment, is, at least, of five years and, at least, 60% of the investments is realized in commercial companies with head office in national territory.
How Dumont dos Santos can help you
Dumont dos Santos, have been assisting people for almost 5 years with immigration matters ranging from routine applications to the most complex immigration issues. Their experienced team has an in-depth understanding of the effect of possible changing legislation on immigration and is in the best position to provide you with the best solution to immigrate to Portugal.
Dumont dos Santos lawyers can help you with the following Portuguese Golden Visa steps:
- Obtain the Portuguese tax identification Number (NIF).
- Open a Portuguese bank account.
- Complete the eligible investment (complete investment in the Fund, purchase real property, etc.).
- Collect and certify the documentation necessary for the application.
- Apply for the Golden Visa through the government portal.
- Book the personal interview after SEF notification.
- Attend the interview in person to submit original documentation and have the biometric data collected.
The total timeline from starting the process until obtaining Portuguese citizenship will be around 8 years, depending on the procedure time of the public entities.