Golden Visa Portugal (ARI) is a type of residency permit that allows citizens of non-EU countries to reside in Portugal by making an investment.
Golden Visa for Portugal has allowed more than 10,000 investors from all around the world to invest, live, study, and run businesses in Portugal. There’s a high demand for the program because it has many side benefits for the investor in addition to building a new life and business in Portugal. For instance, you get to travel around visa-free in the Schengen Zone and provide a better life for your family.
The program is as beneficial for the country as it is for the investor; for it brings about economic prosperity through the entrance of a capital flow to Portugal. A sum of over €6 billion was obtained thanks to Portugal Golden Visa Program since 2012.
Who Can Apply?
Citizens of any country except for EU members, EEA countries, and Switzerland can apply for Portugal Golden Visa Program. To be eligible for the program you need to be at least 18 years old, have no criminal record from either country and have paid the investment amount before entering Portugal.
There are a few types of investments you can make to apply for the Golden Visa Portugal. There are sub-limits for the amount you can invest for each type of investment. Find a few types of investments you can make below:
- Starting a new business by establishing a firm
- Making a direct capital transfer to Portugal – starting from €1.5 million
- Investing in a real estate property – starting from €280,000
- Investing in a Golden Visa funds – starting from €500,000
- Making a donation – starting from €250,000
Why Is Portugal Golden Visa Appealing?
There are a considerable number of reasons that make the Golden Visa to Portugal very favorable for investors from different parts of the world. The following are just a few of the program’s perks:
- Golden Visa Portugal provides you with the chance to apply for Portuguese citizenship after five years and have access to 188 countries without needing a visa
- It allows you to keep your old business running in Portugal or start a new one there
- Your family members can apply to the program, as well
- Portugal offers you a high quality of life in an affordable and safe environment
- You only need to stay seven days in the country per year to keep on holding the visa
- You can get into Schengen countries if you have Portugal Golden Visa
- There’s a wide range of affordable investment alternatives
In addition to these life-changing technical perks, you get to enjoy Portugal^s great food and wine, prosperous culture, and famous beaches.
How To Apply for Portugal Golden Visa 2022
To be an eligible applicant for the Golden Visa Portugal, you are required to follow some steps. Here’s a shortlist of what you need to do:
- Select the appropriate investment form that suits you best.
- Collect the documents you’re required to deliver to be a valid applicant for the visa (both for yourself and for your family members if there are any to relocate with you)
- Open an account at a Portuguese bank and get a NIF (a Portuguese tax number)
- Pay the investment amount in order
- Start your Golden Visa application
- Upon getting your approval, come to Portugal for your biometrics appointment and to complete your process at the Portuguese Immigration and Borders Service
- Last but not least, obtain your residence permit card
Now you know the ABCs of Golden Visa for Portugal. All you need to do is to apply and start building your new life in Portugal!
