Portuguese Golden Residence Permit (Portuguese Golden Visa)
Portugal's ruling party, the Socialist Party (PS), submitted a proposal on 20 June 2023 to amend the housing measure currently being discussed in the Portuguese Parliament.
ruling party has decided not to end Portugal's golden visa program, but to eliminate two investment methods in the program:
1. Capital transfers/bank deposits
2.350000 Euro Renovated Property & 500000 Euro Property
if this proposal is passed, the deposit model and the purchase model for future gold residence will be canceled. Fund investment will likely be the best way to obtain a Portuguese Golden Visa
January 2022 New Deal: Fund minimum investment requirements increased from 350000 euros to 500000 euros
Investment Act-Fund Investments
Investment requirements: Investment of not less than 500000 euros in an investment fund or venture capital fund established in Portugal, requiring at least 60% of the fund to be invested in a commercial company headquartered in Portugal, with an investment period of at least 5 years
residence permit: 2 years +2 years +2 years
Residence requirements: Average of 7 days per year
Applicants require:
The main applicant: a. at least 18 years old; B. non-EU citizens; C. no criminal record; D. purchasing private health insurance (SEF requirements vary in different regions, subject to the requirements at the time of submission);
Subsidiary applicants: a. legal spouse of the principal applicant; B. children under 18 years old; C. unmarried children over 18 years of age who are not financially independent; D. parents of the main applicant and parents of the legal spouse.
Portuguese Identity Advantage-Cost-effective Quasi-EU Identity
Free access to the 27 Schengen countries in Europe
No business background, no academic background requirements, no financial resources requirements, no language requirements
Very low residence requirements (14+14+14, average 7 days per year)
can work and do business freely in Portugal
free public health benefits, public education benefits
newborns "born on the ground"-one parent has been in legal status for one year, and newborns born in Portugal receive Portuguese status directly.
