Residence in Portugal by Investment
Government investor program
About the program
In October 2012, the Portuguese government launched the Golden Residence Permit Program enabling foreigners to obtain Portugal’s residence by investment.
In 2015, the Government introduced changes to the program and updated the requirements towards obtaining a residence permit through purchase of real estate in Portugal.
Key concept of the program: investors can choose one of the seven investment options. The most popular one is real estate. Having bought a property in Portugal, investors receive residence permits for their entire families. The property must stay in the investors’ possession for a minimum of five years.
Basic requirements towards obtaining Portugal’s residence
Residence in Portugal
General requirements towards the investor
- 18+ years of age
- No criminal record
- Making a foreign investment (i.e., from outside Portugal)
- Health insurance
- Stay in Portugal at 7 days a year
Portuguese residence can also be obtained by:
- A spouse
- Children under 18 years of age
- Dependent children under 26 years of age
Children above 18 years of age must be dependent on the investor.
Investment options for obtaining Portugal’s residence
Additional investment options for obtaining Portugal’s residence
- Investing at least EUR 1 million in shares of the Portuguese companies.
- Investing at least EUR 350,000 in research and development.
- Investing at least EUR 250,000 in the restoration and refurbishment of national heritage projects.
- Acquiring at least EUR 500,000 worth of shares in investment funds.
- Registering a company and creating at least ten jobs.
Procedure for obtaining residence in Portugal
Selecting an investment option
At this stage, it is necessary to decide on the investment option. This will define any further action on obtaining a residence permit in Portugal.
We will provide you with an inclusive overview of each option to help you make the right decision.
We will offer you a real estate portfolio for preliminary evaluation in accordance with your requirements (area, property type – commercial or residential real estate, etc.).
Working with fifteen major estate agencies in Portugal, we will be able to offer you the widest seelction of properties to choose from.
Preparing the papers
We will translate and apostille the documents for your Portugal residence application. Our lawyer will provide assistance with filling out the questionnaires and application forms.
All documents must be translated into Portuguese as well as notarized and apostilled.
Viewing the property
We will organize your trip to Portugal and accompany you to view the properties.
We will open a bank account in one of the Portuguese banks to make the property transaction and pay the program fees.
Our lawyer will watch the property deal as well as notarize the necessary documents and application forms.
Submitting the papers and their review
We will accompany you to the Portuguese Immigration and Borders Service (SEF) to submit your biometric data.
We will take care of all further documents and aspects of the application process.
Note that you must arrive in Portugal at least seven days prior to submitting the documents for your residence permit.
Obtaining residence permits
The review period takes three months upon filing the papers. However, this may take up to four or five months. The time gap is due to a large number of applications received by the Portuguese Immigration and Borders Service.
Your direct presence to collect residence permits is not required. Our lawyer can collect and send them over to you.
Benefits of residence in Portugal
Comparing options for obtaining residence in Portugal
|Traditional residence||Residence by investment|
|Period until naturalization||10 years||5 years|
|Residence requirement||183 days a year||7 days a year|
|Likelihood of refusal||High||Low|