Launched in 2012, Portugal Golden Visa Program offers non-European Union investors a fast track to obtaining a valid residency permit. The visa is initially valid for one year, renewable twice thereafter at 2-year intervals.
Applicants and their families may obtain their Portugal Golden Visa by applying for Portuguese citizenship after 6 years of permanent residency. A Portuguese passport is a prized possession, as the country’s rich history and ease of travel makes this investment program quite popular around the world.
Apex Capital Partners specialists of the company will provide professional legal support, consult at all stages, while Portugal Golden Visa by investment is being processed. And therefore, they will prepare all the necessary documents.
The Portuguese authorities have abolished the real estate investment option after long debates in Parliament. In 2024, it will no longer be possible to apply for a Portugal Golden Visa based on the purchase of real estate.
Portugal’s residence permit program offers wealthy citizens of non-EU countries, in return for investment, the right to live in the country, without significant residency requirements. Since its launch in 2012, the program has injected €7.3 billion ($8 billion) into the economy. These are mainly investors from China, Brazil and the USA.
BENEFITS OF PORTUGAL GOLDEN VISA
– Visa-free travel in Europe (Schengen area)
– Live/work in Portugal while remaining the legal resident of another country
– Residency extended to family members
– Citizenship granted in 6 years
REQUIREMENTS FOR PORTUGAL GOLDEN VISA
– Possession of a valid passport
– Documented proof of the source of invested funds
– The investor must not have a previous criminal record
OPTION 1.
EUR 500,000 investment in an authorized venture fund*
*Return on investment in the 6th year
OPTION 2.
From EUR 400,000 investment in national scientific projects
OPTION 3.
From EUR 200,000 supporting Portuguese cultural heritage
OPTION 4.
Contribution to the company’s authorized capital of at least EUR 500,000
+
creation of at least 8 jobs
For options 2, 3 and 4, the requirements are minimal if the project or business is located in a sparsely populated area of Portugal.
Please note that mandatory government fees will be added to the declared investment amounts. As well as legal support services. Request a cost calculation from APEX.
The economy of Portugal seemingly improves daily, now growing at its fastest rate since over a decade ago, largely due to a rise in industrial production. More and more entrepreneurs are gaining Portugal citizenship to take advantage of strong industry growth.
Some of the biggest industries they’re diving into include aeronautics, automotive, building materials and engineering/architecture.
Basic education is free for anyone with Portugal citizenship, with a compulsory age of six to fifteen, receiving a certificate of basic education at the end.
Higher education is found in polytechnics and universities, many of which are high-ranking academic institutions. Students can find degrees in just about any career field as they would in the UK or the U.S.
Homes are selling for great value, but prices are slowly and steadily climbing as the economy bolsters. There’s still value to be had for those who act quick in getting their Portugal passport. On top of that, real estate investors enjoy a solid 5.8% rental yield.
Your average standalone property in Portugal would run about $400,000 with a promising future ROI for those who may decide to sell in the future.
Those with Portugal citizenship will find that the standard for healthcare is very high in both the public and private sectors, now ranking at #14 in the Euro Health Consumer Index (EHCI).
Those with a Portugal passport will benefit from the public medical care funded in part by social security contributions made by working residents. In addition, health insurance can be covered up to 100% under qualifying plans.
IMPORTANT NEWS
Portugal changes rules for obtaining citizenship via Golden Visa Program
In January 2024, the Portuguese government introduced amendments to the citizenship law. As before, to receive the coveted passport, you must be a resident of the country for at least 5 years. However, now the countdown of this period begins not from the moment of receiving a residence permit in Portugal, but from the moment of filing an application for this status.
Such changes are associated with a large number of bureaucratic and immigration delays. In this country, from the moment of filing an application for a residence permit until the consideration of the application, it can take more than two years.
So, amendments to the law must be approved by the President in 2024. Further, with the entry into force of the new amendments, investors whose applications for the Portugal Golden Visa were submitted in 2019 will be able to start the naturalization process. Follow our news.
CARIBBEAN CITIZENSHIP BY INVESTMENT
Caribbean citizenship by investment is allowed in Antigua & Barbuda, Anguilla, Dominica, Grenada, Saint Lucia, and St. Kitts & Nevis. Acquiring a second passport in Caribbean countries has many benefits.
CITIZENSHIP BY INVESTMENT IN REAL ESTATE PROJECTS
Apex Capital Partners has experience in the real estate market. This allows you to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.
ABOUT APEX CAPITAL PARTNERS
Apex Capital Partners Corp. is a full-service government mandated advisory firm specializing in second citizenship and investor immigration programs for a multinational clientele.
APEX provides services with end-to-end execution for many HNWI, representing them to Citizenship by investment programs in countries around the world.
- More than 30 YEARS of investment consulting
- More than 3 BILLION USD in investments
- More than 3000 CLIENTS served internationally
