Interest in the Portugal Golden Visa program has grown significantly after the announcement of amendments to the citizenship law. At the beginning of February 2024, the document had already been approved by Parliament and was being signed by the President. As before, to obtain the coveted passport, you must have resident status for at least 5 years.
However, now the countdown of this period begins not from the moment of receiving a residence permit in Portugal (Portugal Golden Visa), but from the moment of filing an application for this status. That is, while the investor waits 12-15 months for a decision on the application, he “gains” time, which will be counted when applying for Portuguese citizenship. Such deadlines are associated with a large number of bureaucratic and immigration delays.
Portugal Golden Visa. Benefits
- The opportunity to undergo a simplified naturalization procedure (citizenship) after being in resident status for the 6th year.
- Low tax burden. In particular, dividends paid by the fund are not subject to taxes if the investor does not live 183 days a year or more in Portugal.
- Option to include your spouse, children and even parents in your application for a Portugal Golden Visa.
- Travel within the EU without restrictions and visas. In addition to the fact that you can reside temporarily or permanently in Portugal, with a Golden Visa you can travel within the Schengen countries (90 days every six months).
Key returnable investment option
In 2024, it is no longer possible to buy real estate under the Portugal Golden Visa. The key option is an investment in an authorized fund in the amount of €500,000. Apex Capital Partners offers a specific approved fund that will return all the money in full in the 6th year from the date of investment – Guaranteed Buyback. Plus 2% fixed return. For example, if the investment is made before June 30th, 2024, the fixed return starts accruing in January 2025 until buyback.
A Private Equity Investment Fund Portugal is a special investment vehicle that pools capital form investors to acquire and manage private companies, aiming for profitable exits. A private equity fund (“fundo de capital de risco”) must be incorporated in Portugal and governed by Decree-Law 27/2023 (RGA) and by the rules foreseen in its Management Regulation.
Portugal Golden Visa via fund investment. Step-by-step
- Book a free consultation from APEX experts. You may request total calculation of costs for obtaining Portugal Golden Visa by providing a list of family members you want to include on your application. Sign an agreement with Apex Capital Partners.
- Opening an account in a Portuguese bank. Transfer of funds for the selected type of investment – fund.
- Signing an agreement with the selected fund for the placement of funds – transfer. Apex Capital Partners recommends a fund where you get a return of fixed 2% per annum and Guaranteed Buyback of the original amount in the 6th year. Or increased capitalization when exiting the investment not sooner than in the 8th year.
- APEX prepares documents and provides full support to the investor and then application will be submitted to Immigration Unit in Portugal.
- After approximately 12 months of processing, the main applicant and dependent family members will be invited to Portugal to take the biometrics.
- Issue of resident cards for the applicant and family members,
- Request a Guaranteed Buyback from the Fund on the 6th year.
