Portugal Golden Visa by investing in business
Required investment:563 000 USD
Time limits:6 months
Rating
Program details
The Portugal Golden Visa is one of the most popular immigration programs in the world. It provides for the possibility of obtaining a residence permit through investment in your own new or existing business. This is the most suitable option for entrepreneurs who are planning to enter the international market. Investors are granted a one-year residence permit with the right to work and conduct business. At the end of the period of validity, the residence permit can be extended.
The benefits of the program
The possibility of obtaining EU citizenship in the fastest way
The right to freely visit the countries of the Schengen area
The possibility to spend not more than 7 days in the country every year
The right to get a preferential tax status (NHR) for 10 years
The right to fully recover investment funds without loss of residence permit
The opportunity to receive from 3% per annum when investing in holiday resorts
Investment options
The most profitable and popular area for investment in Portugal is the hotel and resort business. The country annually welcomes about 20 million tourists, while generating about 10% of its GDP.
Grape growing and winemaking;
manufacture of cork products;
poultry farming, cattle breeding, meat preparation;
growing olives and citrus fruits;
furniture industry;
tile and ceramic productions;
fishing and fish processing;
port business.
Resort and hotel options for investment
Requirements for applicants
Receiving investment funds from outside Portugal;
positive visa history and no criminal record;
legal stay in the country;
no citizenship of EU/EFTA countries;
spending at least 7 days in Portugal during the first year and 14 days during each of the next two years;
retention of the investment for a period of 5 years.
Required documents for family members
Certificate of marriage or proof of partnership (common children, property, real estate, bank account);
children's birth certificates;
criminal record certificate for each adult family member;
certificates and diplomas;
proof of financial dependence of parents on the applicant (if applicable);
proof of custody of minor siblings (if applicable).Stages of obtaining a Portugal Golden Visa through business
Time limits for obtaining and renewing a residence permit
It takes 3 to 6 months from the date of application to obtain a residence permit. The period of validity of the initial residence permit is 12 months - after its expiry, the document can be extended every 2 years. The application for renewal must be submitted no later than 90 days before the expiration of the residence permit.
In order to maintain their immigration status, the foreigner is required to spend at least 7 days in Portugal during the first year and 14 in each of the following two years. An application for family reunification can be submitted at any time, as long as the residence permit is valid.
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