Program:

The Portugal Golden Residence Permit Program (commonly known as the Portugal Golden Visa Program) is a five-year residence by investment program for non-EU nationals. The residence permit gives the right to live, work, and study in Portugal and allows free circulation in Europe’s Schengen Area. Furthermore, the program only requires an average of seven days per year stay in Portugal over this period, which can also count towards citizenship eligibility after five years.

Requirements:

– Must be over the age of 18
– Must make a significant investment that is beneficial to the Portuguese economy
– Must have no history of criminal records
– Must own the money you seek to invest
– Must commit to maintaining the investment for at least another five years
– The following members of the family are eligible to apply along with the main applicant:
* Spouse
* Children under the age of 18
* Dependent children under the age of 26, provided that they are full-time students and not married.
* Parents of the main applicant, if over the age of 65 years old
Applicants can choose any one option in any of the three categories:
Capital Transfer, Property Acquisition, Business:
Capital Transfer:
One of the following options:
1 : EUR 1.5 million minimum capital transfer into a Portuguese bank account or approved investments.
2 : EUR 500,000 for the acquisition of investment fund or venture capital fund units committed to the capitalization of companies incorporated under the Portuguese law, with a maturity of at least five years and with at least 60% of the investment portfolio in companies with a registered office in the national territory
3 : EUR 500,000 for research activities of public or private entities that are part of the national scientific and technological system.
– EUR 400,000 in a low population density area*
4 : EUR 250,000 in support of artistic production or in the recovery or
maintenance of national cultural heritage
– EUR 200,000 in a low population density area*
Property Acquisition:
One of the following options:
1 : EUR 500,000 minimum real estate purchase (residential property is limited to designated interior areas)
– EUR 400,000 in a low population density area*
2 : EUR 350,000 minimum real estate purchase for the refurbishment of residential properties older than 30 years or in an area of urban
regeneration, including the cost of renovations (residential property is limited to designated interior areas)
– EUR 280,000 in a low population density area*
Business:
One of the following options:
1 ：Creation of a minimum of ten new jobs
– Eight new jobs in a low population density area*
2 ：EUR 500,000 for the incorporation or increase of the share capital of a company that is registered in Portugal, creating or maintaining a minimum of five permanent jobs for a period of three years
* A low population density area is defined as less than 100 inhabitants
per km² or with a GDP per capita below 75% of the national average.

Process:

– Visa – free travel 188 countries
– Travel freely in the entire Schengen Area
– Warm climate
– Safety
– A relatively low cost of living
– Tax benefits for residents
– Access the Portuguese healthcare and education system (on the same basis as Portuguese citizens)

Benefits:

– Visa Free access to 140+ countries

– No personal or worldwide income tax

– Dual citizenship permitted

– No physical residency requirements

– The Grenada program is the only one of the Caribbean citizenships by investment programs that offers an opportunity to obtain an E-2 Investor visa in the United States of America

Cost: