• Capital: Lisbon
• Population: 10.2 million
• Area: 92,345 sq km (35,655 sq miles)
• Major language: Portuguese
• Major religion: Christianity
• Life expectancy: 78 (men) 85 (women)
• Currency: Euro
• Exchange Rate (as of Nov 2023): US$ 1.00 = 0.87 EUR
The Portugal Golden Visa Program was developed by the Portuguese Ministry of Foreign Affairs in October 2012, to promote foreign investment and to provide opportunities for Non-EU citizens to live and travel within a secure and stable EU country.
Foreign investors are invited to pursue investment activities in Portugal through the transfer of capital, creating jobs or acquiring real estate, in return for a five year Residence Permit that allows its holders to work, live, study and travel visa free in Schengen countries.
The investor first obtains a Schengen Visa valid for one year under the Portugal Golden Visa Program. After one year, a residence permit is issued and this is then renewed at 3 and 5 years respectively. After 5 years, the investor may then apply for a Permanent Residence Permit. The investor may apply for Citizenship and passport after 6 years of residency in Portugal.
|Type of Program||Residency by Investment|
|Type of Investments||
1. Funds Investment
2. Company Formation
3. Investment in Research
4. Donation to Arts
|Minimum Investment||1. Funds Investment:
Transfer of capital equal or superior to EUR 500,000,intended for the acquisition of shares in specific collective investment organisms.
2. Company Formation:
Transfer of capital equal or superior to EUR 500,000,intended for the incorporation of a commercial company with a registered office in the national territory, combined with creation of 5 permanent jobs.
3. Investment in Research:
Transfer of capital equal or superior to EUR 500,000 applied to research activities by public or private scientific research institutions.
4. Donation to Arts:
Transfer of capital equal or superior to EUR 250,000 applied to investment or support for artistic reproduction, recovery, or maintenance of national cultural heritage.
|Dual Nationality Permitted||Yes|
|Personal Visit Required||Yes|
|Minimum Stay||A) Single visit for submission of biometrics data.
B) 7 days per year for 5 years.
|Capital Gains Taxes||20%|
|Personal Income Taxes (For Non-residents)||0%
|Corporate Tax Rate||25%|
2. Stamp Tax – when signing a deed, the purchaser must pay the stamp duty at 0.8%.
3. Annual City Hall Tax (IMI) – tax payable by whoever owns the property on 31st December. The rate varies between 0.3% and 0.5% for urban properties and 0.8% for rural properties.
|Processing Time||1 Year to Residency
5 Years Residency to apply for Citizenship
|Passport Validity||10 Years|
|Visa Free Travel||27 Schengen Countries on PR Card|
|187 Countries on Portuguese Passport|
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