Required investment amount: from €250,000.
Investment options qualifying for a residence permit include:
Status: The Golden Visa grants a temporary residence permit. The average time to process approvals is three to four months . A residence permit holder may apply for a permanent residency permit and a passport in the sixth year.
Description: The program enables non-EU citizens to obtain a special residence permit in exchange for a 5-year investment in the country. The program was not blacklisted by the Organisation for Economic Co-operation and Development (OECD).
Benefits for residence permit holders: Visa-free travel within the Schengen area (26 countries); the opportunity to apply for naturalization after 5 years of residency; a Portugal residence permit enables its holder to be joined by his immediate family members; the opportunity to obtain a non-habitual resident status provided you spend no less than 183 days a year in Portugal or have a home there. Non-habitual residents are entitled to tax benefits, including tax-free foreign income for 10 years.
Benefits for passport holders: Dual citizenship for all family members, visa-free entry to more than 170 countries, the right to live, work and study in any part of the European Union, business-friendly tax law, affordable education and high-quality medical services.
Time allowed outside the country: Unlimited. There is no continuous residence requirement to obtain a Portuguese passport - the investor only has to spend one week in the first year and two weeks every two years in Portugal.
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