PortugalResidency By Investment
- Visa-free travel to the EU Schengen Zone
- The EU Residence permit in about 90 days
- Investment starts from EURO 250,000
- Light Residency Requirements
Overview
The Portugal ‘Golden Visa’ or Residency by Investment (RBI) Program, incepted in 2007, allows foreigners to obtain the Portuguese residency in exchange for investment.
In September 2023, the Portuguese Parliament re-voted to reform the program, eliminating the Real Estate and Capital Transfer investment options. However, following investment avenues remain available:
- Investment in a company that creates at least 10 jobs;
- Investment in research and development;
- Investment in artistic production or cultural heritage;
- Investment in the qualifying funds;
- Investment in a commercial venture that creates at least five permanent jobs.
Each option has a set threshold, varying from EUR 250,000 to EUR 500,000.
Importantly, a twenty percent discount is applicable for the first three options if the investment is made in low-density areas (regions with less than 100 people per square kilometer or a GDP per capita below 75 percent of the national average).
Family Inclusion
Main applicants for the Portugal ‘Golden Visa’ program can include spouse or partner, children under 18, and dependent children over 18 if studying or financially dependent. They can also include parents over the age of 65 (or younger if financially dependent) of the main applicant and the spouse in the RBI application. Moreover, the Portugal ‘Golden Visa’ can also be extended to dependent siblings under the main applicant’s guardianship and other relatives, if certain dependency requirements can be proven.
Benefits
Visa-free travel
Simple and Fast Procedure
Pathway to Citizenship
Legally ensured
Healthcare & Education
High Living Standards
Investment Options
| Business investment | Creation of at least 10 jobs |
| Investment in research and development at public or private research institutions integrated into the national scientific and technological system | EUR 500,000 |
| Investment in artistic production, recovery or maintenance of Portugal’s cultural heritage (includes film production) | EUR 250,000 |
| Investment in qualifying investment funds focused on capitalizing Portuguese companies. Funds must have a maturity period of at least five years and allocate at least 60% of their investments to commercial companies based in Portugal | EUR 500,000 |
| Investment in a Portuguese commercial venture that leads to at least 5 permanent jobs creation, or maintenance of at least 10 jobs for a minimum period of three years | EUR 500,000 |
Important notice: If investment is made in a low population density area, a 20% discount is applicable to all the aforementioned thresholds.
Applicable Fees
Along with qualified investment applicants for the Portuguese ‘Golden Visa’ program have to cover the following fees:
| Fee per applicant | USD 500 |
| Due diligence fee for main applicant | USD 7,500 |
| Due diligence fee for any dependent above 16 | USD 4,000 |
| Application forms per applicant | USD 250 |
| Passport fees | USD 300 |
Application Process
Bayat Legal Services’ compliance team will conduct an internal due diligence check, which entails a background security screening of the applicant, Preparation of KYC (Know Your Client) and a qualification assessment.
Bayat Legal Services will meticulously analyze the client's application. Once this is done, the client will proceed to sign a retainer agreement with the firm. Subsequently, Bayat Group experts will create a detailed checklist and expert guidance for collecting documents. Our experienced advisors will compile all required documents, prepare the residency application, and ensure compliance.
The application for the Portuguese Golden Visa, along with all the necessary documentation, will be submitted to the pertinent Portuguese authorities.
Applicants will choose their preferred investment option and open a bank account in Portugal to streamline future financial transactions related to the application.
The processing time for the application may vary, but upon approval, applicants will receive a residency permit enabling them and their family members to live and work in Portugal. It's important to monitor the expiration date of the residency permit and renew it accordingly.