RESIDENCY PROGRAM – PORTUGAL

Why Choose Portugal ?

Portugal is a picturesque European country bordering Spain. It’s a country where you can enjoy surfing the waves and skiing down the snowy mountains. It boasts of favourable climate, array of castles, vibrant festivities, gleaming beaches and finest wine.

Portugal Residency ProgramBeing leading immigration consultants in Middle East our team offers various citizenship by investment program and permanent residency program for all those looking to shift to a foreign country. Our experienced team is responsible for making the process of obtaining permanent residency to a foreign land easy and well assisted. Before you make your decision let’s us give you a brief on what Portugal Residency Program is.

THE PROGRAM – GOLDEN VISA – Residence Permit / Portugal PassportTo obtain this Residence Permit Visa ( Golden Visa ) all you need to do is fulfill investment requirements. A Golden Visa is granted to foreign non EU citizens for a minimum period of 5 years after fulfilling one of these requirements:

a) Acquisition of Real Estate in total value equal or greater than 500.000 Euro (half a million Euro) for new properties, 400.000 Euro for new properties in areas with less than 100 habitants per km2, 350.000 Euro for Properties with more than 30 years old and 280.000 Euro for properties more than 30 years old located in areas with less than 100 habitants per Km2. In this case you are entitled to buy one or more than one property and it does not need to be residential property. You can choose between doing your investment in Residential, Commercial or Rural or Plots.
b) The creation of a company that holds 10 permanent jobs. All these jobs need to be newly created and certified by local Social Security Institution that proves the legal employee certificates.
c) Transfer capital in an amount equal or greater than 1.000.000 Euro (1 million)into a Portuguese Financial Institution for a period of 5 years. The certification of this transfer needs to be provided by Financial Institution in order to be able to apply for Golden Visa.This investment can be performed in the name of a company as long as you are the sole or first holder of the shares of the company in the amount percentage of capital invested being equal or greater to one million Euro.

Once you obtain your Golden Visa you are entitled to freely travel between Schengen Space which is composed by 26 countries and use the same visa policy. (Germany, Austria, Belgium, Denmark, Slovakia, Slovenia, Estonia, Spain, Finland, France, Greece, Hungary, Iceland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Norway, Czech Republic, Netherlands, Poland, Portugal, Sweden and Switzerland).

Who can get Portugal Residency ?Portugal residency permit can be obtained by the main applicant, his or her spouse, children under the age of 18 and dependent children over the age of 18 who are students.

Advantages of Portugal Permanent Residency :

Free Travel & Stay : The holder of Portugal residency permit can freely travel and stay from their country of origin to any of the Schengen country.
Right to Live & Work : Under the Portugal residency program the permit holder has the right to live & work in Portugal. If working in Portugal the holder can enjoy all the benefits of Social Welfare including free hospitals.
Citizenship : Under this program you can request citizenship and get a Portugese Passport after 6 years.
Business : The holder of Portugal residency permit can establish a business in all Schengen countries.
Free : The holder can give birth to a child in a Public Health Institution without any costs and for the next 2 years.
Enrollment in School : Under this program the holder can enroll kids in all public schools for free or private as local.
Whole Family : The Portugal residency permit is issued to the main applicant and his or her family including children and parents at the same time.
No Stay Obligation : Under the Portugal residency program the residency permit holder and his family only needs to stay in Portugal for 7 days first year and 14 days following periods of 2 years.
Pension : The holder can enjoy retirement pension.