Recommended reason:What is Golden Residence Permit Programme?The Golden Residence Permit Programme is a mechanism that allows you to apply for a residence permit by inve…
Free Access to Schegen Area
Low Investment Requirement
Bring Your Family
The Golden Residence Permit Programme is a mechanism that allows you to apply for a residence permit by investing in Portugal. You can apply for a residence permit by transferring capital, creating jobs in Portugal, or by acquiring real estate in Portugal.
The mechanism allows non-Portugal citizen to obtain permission for temporary residence to conduct investment activity without obtaining a full residency visa when entering the national territory.
Having made the investment in Portugal, the investor will be entitled to:
· Exemption from the requirement of obtaining a resident visa for entering Portugal
· Live and work in Portugal when maintaining residence in another country.
· Study in Portugal.
· Exemption from obtaining visa when travelling within the Schengen Area.
· Obtain temporary residence, permanent residence, and citizenship for your family as well.
· Become a permanent resident after a period of five years subject to the terms and conditions of the program.
· Become a citizen of Portugal after a period of six years subject to the terms and conditions of the program.
Any third-country citizens fulfilling the following conditions can apply:
1. Conducting an investment activity as an individual or through a company setup in Portugal or any other EU Member State.
2. Stably settled in Portugal.
3. In compliance with character and good conduct requirements.
The residency permit is initially granted for a period of one year. It can be renewed for two years after the end of the first year. After expiry of first renewal, the applicant can apply for a further renewal of two more years. 1year + 2 years + 2 years= 5 years.
Applicant will be eligible to apply for permanent residency after five years and can apply for citizenship after the end of the sixth year.
Consecutive or non-consecutive residence in Portugal for at least
7 days in the first year, and
14 days in subsequent periods of two years.
Spouse
Children including minor with incapacity, adopted, and dependent students.
Adult children studying in Portugal or any other country will be considered a family member if the applicant or his or her spouse is responsible for such child.
Dependant parents.
Minor siblings under custody
Life partner under registered partnership. Children of life partner including minor, incapacitated, and adopted children.
Valid passport.
Proof of character.
Proof of absence of debts owed to Portugal authorities.
Investment Undertaking.
Proof of health insurance.
Receipt of application fee