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Portugal

About Portugal

CapitalLisbon
Total Area92,212 km²
Population10.32 million
LanguagesPortuguese
CurrencyEuro (EUR)

Portugal forms part of the European Union (EU), and thanks to this, its Residency Program offers access to work, living and travelling in Europe, in addition to making the most of the country’s top healthcare, education and consumer rights. 

In addition to its EU membership, Portugal is also a member of the United Nations, OECD, NATO, Schengen Area and WTO. 

The Portugal Residency Program is a legal naturalisation program based on the law that invites foreign investors from non-EU countries to obtain a valid residency permit in Portugal. 

Portugal has a GDP per capita of USD 19,813 and a total GDP of USD 204.6 billion. Furthermore, Portugal also boasts 6 international airports with flights connecting you to all the major airports around the globe. 

When it comes to climate, Portugal enjoys warm Mediterranean climate, with a mild wet season in winter. When it comes to trade, Portugal mainly trades with the EU, the US, Asia and Canada, but especially South America and Africa due to the country’s connections to its former colonies.

Eligible Investments 

The Portugal Residency Program requires the Main Applicant to undertake one of the following three eligible investments in Portugal: 

  1. Capital Transfer 
    • Capital Transfer of a minimum of one million euro (€1,000,000) into a Portuguese bank account or specifically approved investment options. This is quite a straightforward route and can include investments in stocks and shares. 
  2. Property Acquisition 
    • A real estate (residential or commercial property) purchase with a minimum value of five hundred thousand euro (€ 500,000). Notably, a reduced rate of 20% shall apply when purchasing a real estate located in low GDP or low populated density areas, meaning that the price in this case shall fall to four hundred thousand euro (€400,000) 
    • OR 
    • A real estate (residential or commercial property) purchase valued at least three hundred and fifty thousand euro (€ 350,000), which (property) must be over 30 years old and require renovation. Notably, a reduced rate of 20% shall apply when purchasing a real estate located in low GDP or low populated density areas, meaning that the price in this case shall fall to two hundred and eighty thousand euro (€280,000)
  3. Business 
    • Create a minimum of 10 new jobs 
    • OR 
    • Invest a minimum of three hundred and fifty thousand euro (€ 350,000) for the incorporation or increase of the share capital of a company registered in Portugal, creating or maintaining a minimum of five permanent jobs, for a period of three years 

Key Advantages 

  • After application submission, a decision on the application is reached within a short period of around six months. 
  • The total cost involved varies between four hundred thousand euro (€400,000) and six hundred thousand euro (€600,000), depending on the relevant investment decided on. 
  • Low physical presence requirement (seven days during the first year of residence and 14 days for the two subsequent years) 
  • Attractive taxation system 
  • Visa-free travel in Europe’s Schengen Area; 
  • Eligibility to apply for citizenship after five years as a legal resident while keeping other citizenship(s) 
  • High quality of life, local cuisine and wines, rich culture, mild climate and a high level of security

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