Portugal Information
All you need to know about Portugal
About Portugal Residency
Portugal is considered one of the world's most desirable countries, Portugal is renowned for its high standard of living and long life expectancy. Located in southwestern Europe, Portugal provides convenient access to the rest of Europe, North Africa, and beyond. It is bordered by Spain to the north and east and the Atlantic Ocean to the west and south, where its stunning archipelagos, the Azores and Madeira, offer additional beauty and adventure.
- Passport Rank 4
- Processing Time 3-6 Months
- Investment Amount 500,000.00 USD
- Visa-Free/Access 188 countries
- Physical Stay 1 week/Year
Portugal Residency by Investment: Your Gateway to Europe
Historically, Portugal was at the center of the world’s longest-lasting colonial empire, spanning across the Americas, Africa, and Asia, leaving a profound cultural and linguistic legacy still visible in many countries today. Portugal remains influential on the global stage as a founding member of NATO, and a key member of international organizations such as the United Nations, European Union, OECD, and the Community of Portuguese Language Countries.
Portugal ranks highly in global surveys for freedom, social progress, prosperity, stability, and peacefulness. Its moderate Mediterranean climate, beautiful and diverse landscapes, preserved traditions, and strong economy make it a highly attractive destination for investors seeking permanent residency, which can eventually lead to full Portuguese citizenship.
Legal Basis
The legal framework for the entry, stay, and exit of foreigners from national territory is defined by Resolution No. 1661-A / 2013, Law No. 29/2001 of August 9, and Law No. 23/23/2007 of July 4. Consequently, legal residency was established for investment in the country. This amendment permits the imposition of a short stay of 7 days per year for a period of 5 years, and the applicant and his family can apply for citizenship at the end of the permanent residence period.
Benefits of Portugal’s Residency Program
Key Benefits of Portugal’s Residency by Investment Program
- Visa-Free Travel: Enjoy unrestricted travel across the Schengen Area, which includes 26 European countries.
- Path to Citizenship: Obtain Portuguese residency with a pathway to citizenship after five years of maintaining your residency.
- High Quality of Life: Portugal offers a blend of historical charm, modern infrastructure, excellent healthcare, and a relaxed lifestyle.
- Strategic Location: Located at the gateway to Europe and the Atlantic, Portugal offers great connectivity to Europe, Africa, and the Americas.
- English Proficiency: One of the highest levels of English proficiency in Western Europe, making it easier for international residents to integrate.
- Real Estate Opportunities: Portugal's thriving real estate market provides strong investment potential, particularly in cities like Lisbon, Porto, and coastal regions.
Portugal Residency Application Process
Step 1
World Gate will send a copy of your passport to the appropriate authorities to verify the data and obtain preliminary approval.
Step 2
A first payment of professional fees shall be paid to open your application, and World Gate consultants will provide assistance and advice regarding the collection of required documents. World Gate will assist you in translating documents into Portuguese and legalizing documents at the Portuguese Embassy.
Step 3
The application to obtain the initial approval will be submitted. The investor shall then visit Portugal to choose the property and open a bank account, in addition to meeting the immigration officer.
Step 4
A transfer the required funds to purchase the property shall be made to the bank account in Portugal.
Step 5
Once the purchase of the property is complete and registration is complete, documents shall be submitted for the residency application in Portugal, along with the residence fees paid to immigration services.
Step 6
Once the applicant receives residency in Portugal, he/she will receive the application for permanent residence in the European Union. It is then necessary to visit Portugal for one week per year for a period of 5 years to fulfill the residency requirements.
Investment Options
Real Estate Investment
To qualify for Portugal Residency under the Real Estate Option of the Golden Visa Program, an applicant must purchase authorized real estate with the minimum value of the following:
- Purchase of a real estate or group of real estate more than 30 years old or located in the urban construction area: € 350,000
- Purchase of a new property or group of properties: € 500,000
Note: Please note that the above amounts do not include Application fees, Processing fees, Permanent Residency Card fees, Taxes fees and World Gate’s professional fees.