Portugal Golden Visa is the most sought-after residency by investment programs in Europe, offering an accelerated pathway to permanent residency in Portugal. The program was first launched in 2012 to encourage foreign investment and fuel the Portuguese economy. Since then, over 10,000 families have made Portugal their new home. The Golden visa pathway permits foreign nationals to get permanent residency, eventually leading to citizenship.
Initially, the permit allows a non-EU national to live and work in Portugal. Additionally, investors can travel within the Schengen area and enjoy visa-free access to 186 countries (only after getting a Portuguese passport). The visa pathway is an excellent residency scheme
You can invest in Portugal using the following ways:
Invest in Real Estate
As one of the best Portugal golden visa consultants, we can help you and your family settle in Portugal through the golden visa program. Our immigration consultants will choose the best investment option for you. We strive to offer unmatchable services to you and provide a smooth documentation experience.
Please note: if you wish to invest in Lisbon, Porto, or any city along the coast, commercial property is the only option you have. Residential properties in these cities do not come under the Golden visa scheme from January 2022.
To be eligible for the Portuguese golden visa, you must:
The process for the Golden Visa application isn’t that complicated. If you take the proper steps, select the appropriate investment, and submit the correct documents, you’ll have a smooth and successful process. Please check the steps below to learn more:
Step 1: Choose the right type of investment
To begin with, you must assess all the available investment options and decide on the one that suits your interests. More than 90% of applicants opt for the real estate option. Funding is also an option gaining momentum these days.
Step 2: Gather all documents
In this step, you need to collect all the critical documents to move ahead with the application process. As it’s a highly crucial process, make sure you get the proper assistance and guidance from a Portugal golden visa India consultant. The step includes translations, notarization, financial statements, and certifications. A professional business immigration advisor will help mitigate risks and avoid mistakes.
Step 3: Get a NIF and Open a Bank Account in Portugal
You will need to obtain a Portuguese tax number, i.e., NIF, and open a bank account in Portugal. You can easily do both in Portugal, or your immigration lawyer may do the same for you.
Step 4: Finalize the investment
It’s time to decide on the type of investment you wish to go ahead with. You must also transfer the required investment amount to your Portuguese bank account and finalize the acquisition.
Step 5: Pre-application submission
As you have made the investment and your documents are ready, you can submit the pre-application online to SEF. Your consultant will do this task for you and notify you if anything else is required.
Step 6: Schedule and attend your interview
After reviewing your documents, SEF will notify you of available dates for your biometrics appointment. You and your dependents included in the application must be physically present on the assigned date and make your application official.
Step 7: Get your approval
Congratulations! You and your family have successfully received your golden visa for Portugal. Your permit will be valid for two years, which you can renew after the validity expires.
The processing time for Portugal’s golden visa ranges from six to seven months. The processing time covers application preparation time, in-principal approval, pre-registration, and approval of a golden permit.