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  • PORTUGAL
  • Residency by Investment

PORTUGAL

Portugal is a country in southwestern Europe, bordered by Spain and Atlantic Ocean. The 92.212 Km2 country has approximately 10.3 Million people and is an EU member state since 1st January 1986. Portugal with fantastic cultural heritage, food and climate is one of the most popular destinations for the tourism.

Portugal Golden Visa program was launched in 2012. The primary reason for implementing such program was to attract foreign direct investment to the country. Like many southern European countries, Portugal also suffered real estate crisis in recent years and nowadays prices of real estate are 20-30 % below to its peak. This program is the perfect opportunity for the investors to have a huge capital gain in the coming years.

It has to be mentioned that the program has proven a success. This program is fast track tool for the investors to get the fully valid residency in Portugal. The program is very open and welcoming to people from all over the world without any limitation to the nationality, religion or culture. The only requirement is that the investor has to be more than 18 years old and must not have a criminal record with a sentence more than 1 year.

There are several ways to obtain residence permit in Portugal (the investment has to be maintained at least 5 years):

  • The investor has to buy a real property worth 500,00 Euro or more, or buy a real property more than 30 years old in refurbishing area, worth 350,000 Euro or more
  • The investor has to make a capital investment worth 350,000 Euro in research activity or make a capital investment worth 250,000 Euro in reconstruction or refurbishment of national heritage projects or investor make an investment worth 500,000 Euro in Investment fund or venture capital.
  • Create minimum 10 jobs

According to the Portuguese law, any person who has a temporary residence permit (for example Golden visa) for at least 5 years is entitled to obtain permanent residency in Portugal. In addition, the Portuguese law also says that any person, who validly resided in Portugal for 6 years, is entitled to apply for Portuguese citizenship. One of the most attractive issues concerning the golden visa program is that the investor does not need to reside in Portugal. The investor and his/her family need to visit the country only two weeks in two years in order to renew the golden visa. As a result investor obtains the residence permit and Portuguese citizenship without residing in the country.

The holder of Golden Visa does not have to pay taxes in Portugal unless he/she stays in Portugal for more than 183 consecutive days. The services of foreigners and borders (SEF) is a competent authority for issuing Golden Visa. Normally the application needs several months to be processed (up to 6 months).

Capital

Lisbon

Location

Located in the continent of Europe, Portugal shares land borders with only one country, Spain.

Language

Portuguese

Currency

Euro[c] (€) (EUR)

Government

Unitary semi-presidential republic

Area

92,212[1] km2

Population

10,309,573

Time Zone

WET/GMT (UTC) AZOT (UTC−1), Summer (DST) WEST (UTC+1) AZOST (UTC) Note: Mainland Portugal and Madeira use WET/WEST, the Azores use AZOT/AZOST

  • Reasons to choose Portugal?

    • Opportunity to live, study and work in EU member state
    • Amazing culture and history
    • Business friendly atmosphere
    • Full family residency
    • Visa free travel in EU and Schengen Area
    • Opportunity to apply for permanent residence permit after 5 years
    • Opportunity to apply for Portuguese citizenship after 6 years
    • Full access to healthcare and education
    • No mandatory requirement to reside in the country
    • Very low minimum stay requirements (7 days for the first year and 14 days for the next following two years)
    • Can ask for the non-habitual resident status, in order to enjoy low taxes for 10 years
  • Visa Free

    Visa-Free/Visa-on-arrival: Albania, American Samoa, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Austria, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Bermuda, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia and Herzegovina, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Cambodia, Cape Verde, Cayman Islands, Chile, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Curaçao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Ethiopia, Falkland Islands (Malvinas), Fiji, Finland, France, French Guiana, French Polynesia, Gambia, Georgia, Germany, Gibraltar, Greece, Grenada, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Hong Kong, Hungary, Iceland, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nepal, Netherlands, New Caledonia, New Zealand, Nicaragua, Niue, Norway, Oman, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Qatar, Romania, Réunion, Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Martin (French part), Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Senegal, Serbia, Seychelles, Singapore, Sint Maarten (Dutch part), Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Suriname, Swaziland, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Vanuatu, Venezuela, Wallis and Futuna, Zambia, Zimbabwe

    Electronic Authorization: Australia, Canada, Gabon, Guam, India, Kenya, Myanmar, Norfolk Island, Northern Mariana Islands, Puerto Rico, Sri Lanka, Turkey, U.S. Virgin Islands, United States

    Visa required prior to arrival: Afghanistan, Algeria, Angola, Azerbaijan, Belarus, Benin, Bhutan, Burundi, Cameroon, Central African Republic, Chad, China, Congo Republic, Cuba, Côte d'Ivoire, Democratic Republic of the Congo, Equatorial Guinea, Eritrea, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mongolia, Nauru, Niger, Nigeria, North Korea, Pakistan, Russia, Rwanda, Saudi Arabia, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Turkmenistan, Uzbekistan, Vietnam, Yemen

    Entry denied: Libya

96.7
VISA FREE

1.1
ECONOMIC STRENGTH

74.9
HOUSING

73.1
COST OF LIVING

87.3
DOING BUSINESS

93.2
SAFETY & SECURITY

56.7
EDUCATION

67.4
HEALTHCARE

96.7
ENVIRONMENT

55.1
GROWTH RATE

  • MOBILITY: The number of countries you can travel visa-free.
  • ECONOMIC STRENGTH : How strong country’s economic is.
  • HOUSING: Prices of housing and real estate.
  • COST OF LIVING: How cheap goods and services are.
  • BUSINESS: Easiness of doing business.
  • SAFETY & SECURITY: Crime rates in the country.
  • EDUCATION: Primary and secondary education level.
  • HEALTHCARE: Healthcare system development.
  • ENVIRONMENT: Quality of country’s environment.
  • GROWTH RATE: How fast economic is growing.

CITIZENSHIP BY INVESTMENT PROGRAMS

ANDORRA

Residency By Investment

AUSTRALIA

Residency By Investment

BAHAMAS

Residency By Investment

BULGARIA

Residency By Investment

CANADA

Residency By Investment

COSTA RICA

Residency By Investment

GREECE

Residency By Investment

IRELAND

Residency By Investment

JERSEY

Residency By Investment

MALAYSIA

Residency By Investment

MONACO

Residency By Investment

MONTSERRAT

Residency By Investment

NETHERLANDS

Residency By Investment

NEW ZEALAND

Residency By Investment

PORTUGAL

Residency By Investment

SINGAPORE

Residency By Investment

SPAIN

Residency By Investment

SWITZERLAND

Residency By Investment

THAILAND

Residency By Investment

TIER 1 INVESTOR VISA UK

Residency By Investment

TURKS AND CAICOS

Residency By Investment

USA EB-5 VISA PROGRAM

Residency By Investment



 

ST. KITTS & NEVIS

Kennylin House, New Street
Basseterre, St. Kitts KN.


P.O.BOX
440

Tel
+(1869) 465 2878

Fax
+(1869) 465 6077

Email
skn@bayatgroup.com


 

ANTIGUA & BARBUDA

Roberts Building 60 Nevis Street,
St. John’s, Antigua.


P.O.BOX
1301

Tel
+(1268) 462 0076

Fax
+(1268) 462 3077

Email
atg@bayatgroup.com


 

MONTREAL (CANADA)

3418 Stanley Street #R1
Montreal, Quebec, Canada H3A 1R8.

Tel
+(514) 845-0232

Fax
+(514) 845-0203

Email
mtl@bayatgroup.com


 

NEW YORK (USA)

1Barker Ave, White Plains,
NY 10601, United States.

Tel
+1 914-793-2626

Email
mtl@bayatgroup.com


 

PARIS (FRANCE)

91 , Rue de l' Université
75007 France.


Tel
+335 385 93 00

Fax
+334 551 0119

Mob
+336 801 7808

Email
paris@bayatgroup.com


 

DUBAI (U.A.E)

Suite 2302, Al Moosa Tower II, Trade
Centre area, Sheikh Zayed Rd, Dubai, U.A.E.


P.O.BOX
32422

Tel
+(9714) 355 4646

Mob
+(97150) 624 4646

Fax
+(9714) 355 2357

Email
dxb@bayatgroup.com


 

ABU DHABI (U.A.E)

Level 17, The Offices World trade Center Central Market, Al Markaziya, Abu Dhabi, UAE.


P.O.BOX
3876

Tel
+971 2 654 4086

Mob
+971 52 450 5922

Email
aud@bayatgroup.com


 

KUWAIT

Sahab Tower, level 18 Salhia,
Kuwait city, Kuwait.

 

Tel
2227 3887


 

ROSEAU (DOMINICA)

14 Great Marlborough, Roseau,
Commonwealth of Dominica.

Tel
+1 (767) 612 8290

Mob
+(1 767) 277 8399

Email
dom@bayatgroup.com


 

BEIRUT (LEBANON)

Suite 2029, Louis Vuitton Building
Allenby St. Beirut Souks Area,
Beirut, Lebanon

 

Tel
+(961) 1 957561

Email
bei@bayatgroup.com


 

JEDDAH (KSA)

Level 26 King’s Road Tower, King’s Road, Kingdom of Saudi Arabia.

P.O.BOX
Box 40469, Jeddah 21499

Tel
+966 (12) 229 3248


 

GEORGIA

Freedom Square 4a,
Tbilisi, Georgia.

Tel
+(995) 3 22 424252

Email
tbs@bayatgroup.com


 

KUALA LUMPUR (MALAYSIA)

Menara Standard Chartered,
Unit 35-3
.

Tel
+60 (32) 110 9000

Email
kul@bayatgroup.com