Portugal Golden Visa Specialists

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Europe Golden Passport: Fast-Track Your Way to EU Citizenship?

The Europe Golden Passport program is a citizenship-by-investment program that allows individuals to obtain European citizenship in exchange for a significant financial investment.

 

It is offered by many European countries, including Portugal, Spain, Malta, and Cyprus, and allows the successful applicant to travel and work freely within the European Union.

 

The program aims to attract foreign investment and stimulate economic growth in participating countries. To be eligible for the program, individuals must typically make a significant financial investment in the country by purchasing real estate or investing in government bonds or a local business.

 

There may also be other requirements, such as language proficiency or background checks, that applicants must meet to be eligible for the program.

 

Obtaining European citizenship through the Europe Golden Passport program can provide many benefits, including the ability to travel and work freely within the European Union, access to high-quality education and healthcare, and the opportunity to live in a stable and prosperous region.

 

The specific details of the program vary by country. Still, you must make a substantial financial investment in the country by purchasing real estate or investing in a business.

 

In exchange, you may be eligible to apply for a temporary residence, allowing you to live and work in the country and eventually making you eligible for citizenship.

 

It’s worth noting that the Europe Golden Passport program is not a single, unified program offered by the European Union. Rather, it is a term used to describe various individual programs offered by different countries within the European Union.

 

Therefore, the requirements and benefits of the program can vary significantly from country to country.

Europe golden passport

Portugal’s golden visa program is a residency-by-investment program that allows non-European Union citizens to obtain a temporary residence permit in Portugal by making a significant financial investment in the country.

 

The program was introduced in 2012 and has been popular with investors from countries outside of the European Union, particularly China and the USA.

 

To participate in the program, you must make a financial investment in Portugal of 280,000 EUR, such as purchasing real estate or investing in a business.

 

In exchange, you may be eligible to apply for a temporary residence permit, which allows them to live and work in Portugal for up to five years.

 

After five years, you’re allowed to apply for Portuguese citizenship.

 

The golden visa program has been successful in attracting foreign investment to Portugal and has contributed to the country’s economic growth.

 

However, it has also faced criticism. In response, the Portuguese government has made some changes to the program recently, including locking areas to invest in residential properties and supervising the program.

 

You might expect stricter rules for 2023.

Portugal golden visa eligibility criteria

To be eligible for Portugal’s investor visa program, non-EU citizens must meet the following requirements:

 

  • Be at least 18 years old

  • Have a valid passport

  • Have sufficient financial means to support themselves and their family in Portugal

  • Have health insurance coverage

  • Have no criminal record

  • Invest at least 280,000 EUR in the country. See Portugal’s golden visa investment options.

 

Obtaining a Europe Golden Passport through Portugal’s golden visa program is a way for non-European Union citizens to obtain citizenship or long-term residency in a European country by making a significant financial investment in Portugal.

Here’s what you need to expect of your pathway:

Portugal golden visa timeline

In short, the process can be generally straightforward, but it does involve several steps and can take several months to complete.

 

Obtaining a European Golden Passport through Portugal’s golden visa can be a good option for you if you’re looking to live, work or retire in a European country and are willing to make a significant financial investment in exchange for the opportunity.

Portugal golden visa timeline

The Portuguese Golden Visa may be the ticket to secure a residency in Portugal – and understanding the timeline is key. This article will outline all of the steps necessary to obtain a Golden Visa, so you can make sure you plan ahead and don’t miss any deadlines.

 

We’ll break down the entire process into easy-to-follow stages, from application to approval. So if you’re eager to find out more about Portugal’s Golden Visa, read on!

 

The Portugal golden visa process is one of Europe’s most straightforward citizenship processes. 

 

This program, created by the Portuguese government, allows non-EU citizens to gain residence and eventually full citizenship rights in Portugal.

 

It is a great choice for those seeking European residency or second citizenship.

 

Applicants are able to apply for the Portugal Golden Visa with relative ease.

 

First, you need to make a qualifying investment into Portuguese real estate or businesses and provide proof that you have sufficient funds for your family’s living expenses in Portugal.

 

After being approved and getting your residence permit, you’ll then have access to all rights granted to EU citizens – including access to travel across all Schengen countries without additional visas or permits.

 

Once you get the golden visa, you can work in any EU country, making this an attractive option for mobile entrepreneurs and digital nomads!

Applying for the golden visa step-by-step

Before submitting your pre-application, you must give your Portugal golden visa lawyer documents to start the process, then he or she will navigate the Portuguese bureaucracy for you.

 

You’ll need to collect the following documents to complete your golden visa application:

Portugal golden visa timeline

Portugal golden visa application timeline

Portugal’s golden visa processing time has been a hot topic in recent years, although SEF has already responded to the backlog of applications.

 

You should expect some delays to get your residency card.

 

In these uncertain times, Portugal offers a safe haven for you and your family.

 

Applying for a second residency does take a bit of work and effort. But these changes might mean your last chance to get onboard on the easiest pathway to EU citizenship.

Benefits of a golden visa

The benefits of this program are numerous and make it an attractive option for those looking to gain permanent entry into Europe. To mention a couple:

 

  • Low cost of living

  • Free high-quality education

  • The fastest way to EU citizenship

  • The 3rd safest country in the world

 

In short, Portugal’s Golden Visa program is an attractive option for foreign investors and has seen success in recent years.

 

However, the government is implementing new regulations that will make it more difficult for new applicants to qualify to start in 2023.

 

The Portugal golden visa timeline we’ve covered is an estimation of what you could expect for the upcoming year.

 

This means if you’re interested in taking advantage of this opportunity, you should act quickly before new rules are in place.

Portugal golden visa 2023

The Portugal golden visa program has been running since 2012 and is set to expand its benefits further by 2023.

The Portuguese residency program has become increasingly popular over the past few years, as it offers a permanent residence permit in Portugal to non-EU citizens in exchange for investment into the country.

This article will provide an overview of the Portugal Golden Visa program, including what makes it so attractive, the requirements to qualify, and what you’ll need to do to apply for residency in 2023.

Benefits of Portugal Golden Visa

The Portuguese Government has created this investment program to attract foreign investors, allowing them to gain permanent residency after meeting the following criteria:

 

  • If you’re a UK citizen, the Portugal golden visa helps you beat Brexit

  • Dual citizenship (not every EU country allows it, but Portugal does)

  • Residency in a safe, stable, and politically neutral country

  • Travel visa-free across the Schengen area

  • A fast-tracked pathway to EU citizenship

  • Travel visa-free to 186 countries

  • Flexible minimum stay

  • Free healthcare

  • Tax benefits

2023 Expectations for the golden visa

Portugal’s golden visa program has become a hot topic in recent years, and the 2023 deadline will only add to its popularity.

 

The suspension announcement has only increased the popularity of the Portugal golden visa.

 

But it is about to get much stricter with new rules for 2023.

 

Portugal’s Immigration and borders service has already responded to the backlog problem by adding new staff in all their branches, as it’s expected a new influx of applications for 2023.

 

The delays don’t affect your ability to complete the visa application, but they will increase the overall time it takes to gain permanent residency.

Portugal golden visa 2023

Changes to the Program in 2022

The new rules of the Portugal residency by investment or golden visa program limit locations where you can invest in a property.

 

The minimum investment remains the same, while there are geographical restrictions on the qualifying areas.

 

You can no longer purchase a property in major cities such as Lisbon or Porto or coastal towns of the mainland.

 

Only property investments inland and low-density areas are eligible. But if you want to invest in a property in Portugal’s major cities, the only way to unlock this restriction is by investing in commercial properties, for example, hotels.

Requirements for Applying

The requirements of the Portugal golden visa are straightforward, and all the investment options also have a standard list of documents. You must meet the following criteria:

 

  • You must be 18 years old or above

  • You are not an EU/EEA/Swiss citizen

  • You don’t have criminal records in your home country and Portugal

  • You invest in Portugal 

Why Portugal?

Are you looking for a great place to invest? Portugal is an ideal location for many reasons.

 

From its low taxes and generous incentives to its robust economy, stunning landscape, and warm climate, there are many benefits of investing in Portugal.

 

Portugal boasts one of the lowest corporate tax rates in Europe, making it an attractive option for businesses who want to take advantage of the various tax breaks and incentives available.

 

The country also offers investors a strong economy that has been growing steadily over the past few years due to government-led reforms. This gives investors confidence that their investments will be secure in the long term.

 

And let’s not forget Portugal’s breathtaking scenery – from miles of sandy beaches along the coast to picturesque towns and villages nestled in rolling hillsides, Portugal is a stunningly beautiful country with plenty of natural attractions.

 

If you want to retire early, Portugal is the best choice. Considering factors like healthcare costs, housing expenses, and lifestyle preferences.

 

In short, Portugal’s golden visa program is an incredible opportunity for families who are looking to relocate or find a safe haven.

 

Not only does the program offer exciting opportunities such as residency and tax benefits, but it also provides access to Portugal’s warm and inviting culture.

 

Furthermore, Portugal is one of the most stable countries in Europe, making it a great choice for families who want to feel secure.

 

The program’s cost is relatively low compared to other European programs, and the application process is straightforward.

Portugal golden visa investment fund

The Portugal golden visa investment fund is one of the multiple investment options that Portugal offers to start your journey to EU citizenship.

 

With the investment funds, you’re eligible for Portuguese citizenship after holding the fund for five years of residency.

 

This article will briefly introduce you to Portugal’s golden visa investment funds and how they work.

 

Since its launch in 2012, the Portuguese golden visa has been a resounding success among immigrant investor programs from all over the world.

 

The funds are an investment option that the Portuguese government offers to investors to apply for a golden visa. Many funds focus on residential property, while others invest in Portuguese start-ups, high-tech, energy and sustainability projects, and agriculture.

 

Not any fund can qualify for the golden visa program, there are more strict requirements for applicants, and not every immigration consultancy can offer you this option.

 

Here are some quick points you need to know about Portugal golden visa investment funds: 

 

First, you want to ensure the immigration consultancy you’re going to work with has a certification that validates its operation with funds.

 

Second, the fund must be registered in Portugal and have at least 60% of its capital invested there.

 

 

Finally, this point relates to the first one. The Portuguese Securities Markets Commission, the Bank of Portugal, and the Portuguese tax authority closely regulate all funds.

Portugal golden visa investment fund

People often ask if Portugal has a citizenship-by-investment program. Technically, the answer is no. The Portuguese golden visa doesn’t lead you to instant citizenship.

 

You must hold the investment and renew your residency for a minimum of five years to be eligible to apply for citizenship.

 

The major advantage of funds and real estate is that your investment will secure citizenship while you continue your lifestyle elsewhere. You only have to spend a minimum of seven days per year in Portugal during those five years.

Benefits of Portugal golden visa

No matter your investment option, the Portugal golden visa substantially benefits you and your family members. With your golden visa residency, you’ll get the following:

 

  • Residency in a safe, stable, and politically neutral country

  • Fast-tracked pathway to EU citizenship

  • If you’re a UK citizen, the Portugal golden visa helps you beat brexit

  • Dual citizenship (not every EU country allows it, but Portugal does)

  • Travel visa-free to 186 countries

  • Travel visa-free across the Schengen area

  • Flexible minimum stay

  • Free healthcare

  • Tax benefits

 

There are eight investment options to get the Portugal golden visa. Real estate and investment funds are by far the most common.

affordable-golden-visa-europe

Which investment option is best for you?

The answer will depend on your lifestyle and needs, but if you’re stuck on what route to choose, here are some key points you want to consider.

 

Investment funds might be right for you if:

  • Living in Portugal isn’t in your plans with the golden visa

  • You want to live in Portugal in the future but haven’t yet chosen the perfect place

  • You’re experienced with previous investment funds

  • If your property needs don’t match the golden visa program requirements (for example, if you bought a property in a lower-cost area), you can buy more than one property to reach the minimum investment threshold.

 

Real estate might be a better option for you if:

  • You want your investment to be a place to live and your vehicle to gain EU citizenship

  • You’re experienced with real estate investments

  • You’re willing to pay associated costs with the purchase of a property

  • You’re happy to invest outside of major cities of Portugal

 

To be eligible for the golden visa, you must be a non-EU/EEA/Swiss citizen, over 18 years old, with no criminal record in your home country and Portugal.

 

All golden visa routes follow a standard list of documents you need to present to submit your pre-application.

 

Preparing them carefully is important, as any mistake or omission can delay your application.

 

Learn more about the documents required to start your golden visa process.

 

In sum, the investment funds route is an excellent way to invest in Portugal for residency.

 

You need to maintain residency for a minimum of five years before you become eligible to apply for Portuguese citizenship. The Portugal golden visa investment fund is designed around this requirement.

 

As a pathway to citizenship, the Portuguese golden visa is extremely flexible compared to other EU golden visa programs.

 

At Golden Port Visa, we have access to reputable Portugal golden visa investment funds, and we can help you set an appointment so you can start your process to get your golden visa.

 

Portugal golden visa application fee

Have you been wondering what the Portugal golden visa application fee is? The application fee for a Portuguese golden visa varies depending on the type of investment you choose and the investment cost of it.

 

This fee covers reviewing and processing your application, including any necessary background checks. You may also need to pay additional fees if you are applying together with family members or other dependents. 

 

To illustrate the total cost of your golden visa, we have attached an online calculator that will give you an estimated cost.

 

You must consider all of these costs when planning your budget for a golden visa in Portugal. Make sure to factor in the cost of legal advice, too – this can help simplify the process and ensure that everything goes as smoothly as possible!

Eligibility Criteria for the Portuguese residency program

To be eligible for the golden visa, you must be a non-EU/EEA/Swiss citizen, over 18 years old, with no criminal record in your home country and Portugal.

 

It doesn’t matter what Portugal golden visa investment option you choose. The program follows a standard list of documents you need to present to submit your pre-application.

Portugal golden visa application fee

Portugal golden visa application fee

This is a question many potential investors ask when considering joining the Portuguese Residency by Investment Program.

 

The Portuguese government has set an application fee of €5325 for each person wishing to apply for the Golden Visa program.

 

Additionally, investors must also pay an administrative fee of €533 per person. This amount covers SEF’s processing costs, from initial submission to final approval.

 

Once approved and issued, investors must pay a renewal fee of €2,663 per person every two years.

Select Your Investment

Household

Spouse

Dependents

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6+
 Property Costs 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Property Invesment 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Works Contract 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
IMI - Municipal Property Tax (annual) 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
 Purchase Costs 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
IMT - Municipal Property Transfer Tax - apartment 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Stamp duty 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Deed and registration 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Works VAT 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
 Visa Costs 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Main Application (€581.76) 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Dependent Applications (€581.76 each) 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Card issuance (€5812.11 first year; €2906.61 afterwards) 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
 Other Costs 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Tax Representation 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Tax Advisory 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €
Total 0.00 € 0.00 € 0.00 € 0.00 € 0.00 € 0.00 €

Note: This calculator refers to standard values for the Portugal Golden Visa. A specific calculator will be sent upon request for each project.

What You Get with your golden visa

Regardless of your investment choices, the Portugal golden visa is wonderful for you and your family. With your golden visa residency, you’ll receive the following:

 

  • Residency in a safe, stable, and politically neutral country

  • Fast-tracked pathway to EU citizenship

  • If you’re a UK citizen, the Portugal golden visa helps you beat Brexit

  • Dual citizenship (not every EU country allows it, but Portugal does)

  • Travel visa-free to 186 countries

  • Travel visa-free across the Schengen area

  • Flexible minimum stay

  • Free healthcare

  • Tax benefits

Potential Challenges to get your golden visa

The Portugal golden visa is a highly sought-after route to residency in the country and ultimately to European citizenship.

 

However, it’s important to be aware of the potential challenges that may be faced along the way. 

 

One primary challenge is typically understanding the Portuguese bureaucracy. While this system has improved over recent years, plenty of steps still require patience and careful navigation. 

 

It can become particularly complicated if you’re looking to buy a property or invest in businesses without living in Portugal first – as many applicants do.

 

The need for local representation can also add cost to an application. It’s recommended to navigate the local bureaucracy with an expert team based in Portugal.

 

While certain geographical restrictions on purchasing real estate don’t mean not everyone will qualify, you can unlock properties in major cities by investing in commercial properties.

 

Legal risks must be taken into account when obtaining a golden visa in Portugal; making sure all documents are correctly submitted and all regulations followed is key here.

 

Finally, you should know the current processing time for golden visas. Although SEF announced they’re battling the backlogs, the recent news of the program’s suspension is bringing more and more applicants for next year.

 

So better to start now than later.

 

You still have the chance to get a European golden visa with the most affordable and flexible program.

 

In sum, Portugal golden visa application fee is a cost that must be taken into consideration when applying for the program.

 

The fee depends on various factors, including family size and the type of investment made. It’s important to note that the fees can change over time, so if you’re interested in this program you should stay up-to-date on Portugal’s requirements.

Portugal golden visa 2023

Portugal golden visa program has been a hot topic of discussion for many years now, and with the 2023 deadline looming, it’s only becoming more popular. If you’re considering applying for this program, you’ve come to the right place!

 

Here, we’ll discuss all the details of Portugal’s golden visa program—what it is, who is eligible, what benefits are available, and how to apply.

 

Portugal is quickly becoming one of the most popular places to retire. With its temperate climate and beautiful beaches, it’s no wonder why so many people are choosing this European country as their retirement home.

 

But there’s much more to Portugal than just the weather and landscape; it’s also a great place to live for those looking for an affordable lifestyle with plenty of amenities.

 

You can expect a high quality of life with low costs. This means lower taxes and access to excellent healthcare services at a fraction of the cost compared to other countries.

 

There are plenty of activities available year-round, from exploring stunning coastal towns to trying out traditional Portuguese cuisine.

Benefits & requirements for Portugal golden visa

The Portugal Golden Visa program is a great way for non-EU citizens to obtain a residence permit in the country.

 

This visa provides many benefits, including a path to citizenship, the ability to live and work in Portugal and travel freely around Europe, and access to tax incentives.

 

Requirements for this visa include having at least €280,000 available for a investment in Portuguese real estate.

 

The process can take up to ten to twelve months from application submission to obtaining the visa.

 

The benefits of this program are numerous and make it an attractive option for those looking to gain permanent entry into Europe. To mention a couple:

 

  • Low cost of living
  • Free high-quality education
  • The fastest way to EU citizenship
  • The 3rd safest country in the world

To be eligible for the Portuguese golden visa, you must meet the following requirements: 

 

  • Any non-EU/EEA/Swiss national can apply for the Portugal golden visa.

  • You’re at least 18 years old 

  • You have a clean criminal record from your home country, as well as from Portugal

  • You invested at least in €280,000

Portugal golden visa 2023

Investment options

The Portugal Golden Visa 2023 program doesn’t lack investment options. But its real estate investment is the most popular route when applying for the golden visa, is a powerful plan B option combining a second residency and a second home.

 

The peace of mind of owning a real asset in a growing market where both rental and commercial demand currently outstrips supply.

 

Learn more about Portugal’s golden visa investment options.

Tax advantages

One of the most attractive benefits for business people is the generous tax benefits. The Non-Habitual Resident (NHR) program provides tax advantages to those moving to Portugal.

 

In sum, the Portugal golden visa 2023 is an excellent opportunity for investors and entrepreneurs who wish to obtain a residency permit in the EU.

 

It offers unparalleled access to the European market and numerous tax benefits. Moreover, it is a secure investment that can be made without a permanent relocation.

 

The program has been steadily gaining popularity among investors and new-age entrepreneurs. Portugal’s golden visa has also increased its number of successful applications. It seems the applications will keep increasing for 2023.

Madeira golden visa

The Madeira Golden Visa is a unique opportunity for investors seeking a residency permit in Portugal. For those wanting to move to this stunning country, the scheme provides an attractive option as it offers access to an array of benefits, including business opportunities and tax incentives.

With many investors seeking ways to finance their dream of living abroad, the Madeira Golden Visa has become increasingly popular over the last few years.

 

In this detailed article, we’ll look at how Portugal’s autonomous region of Madeira is 2023’s best golden visa destination.

 

Portugal sets an exceptional example for anyone planning to acquire (or regain!) EU citizenship.

Madeira golden visa overview:

Portugal offers flexible visa options, permits dual citizenship, allows easy access to its language opportunities, and has a short period of five years to apply for citizenship. It also happens to be a very safe country.

 

There’s no need to move permanently to Portugal during those five years unless you want to. It allows you to continue your lifestyle elsewhere while your investment spends time in Portugal for you.

 

You only need to do a short annual visit to Portugal ( 7 days the first year and 14 days the following years), which is enough to maintain your residency status all the way to citizenship.

Investment opportunities in Madeira

Since the golden visa scheme started, Portugal’s major cities Lisbon and Porto have been prime real estate investment destinations, along with the Algarve region.

But in 2022, the Portuguese government introduced some changes to the purchase of real estate in the country, designed to redirect foreign investments to other areas of Portugal.

 

Now, Lisbon, Porto, and some of the Algarve are only eligible if you invest in commercial properties.

 

Fortunately, there are still plenty of good opportunities to get your golden visa by investing in Portuguese residential real estate.

 

And while the government is still reviewing the program – Madeira is one of the best investment options.

 

You may have heard about a further 20% discount available on golden visa properties in low-density areas of Portugal.

Madeira is currently not included in the low-density category, so the investment threshold you may find in this region is a bit higher than Èvora and Comporta.

 

Though prices are lower than Lisbon, Porto, or popular areas of the Algarve.

Madeira golden visa

What are lifestyle benefits of this region?

Madeira offers plenty of reasons why it should be on your list of places to consider for your next home, from its sunny climate and crystal clear waters to its affordable cost of living and laid-back atmosphere.

 

And there’s more…

  • Direct flights to key European airports 
  • International flight connections to more countries via Lisbon
  • Year-warm weather
  • Remote worker-friendly

In short, the Madeira Golden Visa offers an attractive option for those interested in obtaining a residency permit and fast-tracking their investment immigration process.

It is a great way to benefit from the benefits of living and working in Europe while still having the freedom of international travel. 

This program also does not require you to have any language proficiency until you apply for citizenship. Therefore, it may be an ideal fit for many individuals looking to move abroad and enjoy the many advantages of a Portuguese golden visa.

Affordable Golden Visa in Europe

What’s the most afforfable golden visa in Europe? The Portugal golden visa is an affordable, straightforward, and often quick route to gain entry into the European Union.

This article will delve into the details of what a golden visa in Europe is, how it works and what benefits it can bring. We’ll also look at some of the requirements, investment, and processing times associated with obtaining this type of visa.

If you’ve ever heard of a “golden visa,” you may have wondered what it is. Well, here’s the scoop: A golden visa is an immigration program that grants citizens from countries outside the European Union residence and work permits within EU member states.

It’s a great way for investors to gain access to the EU market while obtaining international residency and tax benefits.

This type of visa offers multiple advantages, such as the right to travel anywhere within the Schengen Area without needing a separate visa for each country — plus access to all EU countries regarding job and business opportunities.

The golden visa also provides investors significant tax breaks, including reduced taxes on income earned abroad and increased exemptions on capital gains and other types of investments.

Additionally, spouse, children under 21 years old, or parents over 65 dependent on you can be included in this family-friendly program.

Affordable golden visa in Europe overview:

Benefits of a golden visa

A golden visa is a great way to invest in a country and is an attractive option for those looking to gain entry into the country.

It offers numerous benefits, including providing investors with residence rights for up to five years, access to education and healthcare services, as well as business opportunities.

Furthermore, it also provides investors with a path to permanent residency or citizenship. The golden visa scheme also offers tax incentives in some cases and can be a great way to diversify investments

All in all, the golden visa provides investors with a range of advantages that make it an attractive option for those interested in gaining access to a new country or diversifying their investments.

affordable-golden-visa-europe

Eligibility criteria for applicants

To become eligible for the program, you must meet the following criteria:

  • Any non-EU/EEA/Swiss national can apply for the Portugal golden visa.
  • You’re at least 18 years old 
  • You have a clean criminal record from your home country, as well as from Portugal
  • You invested at least in €280,000

Cost of Portuguese golden visa

What is the true cost of this visa? With a variety of fees, legal costs, and taxes associated with this process, it can take time to determine the total cost.

 

We invite you to check our calculator to know how much your investment would be on the affordable golden visa in Europe.

affordable-golden-visa-europe

Investing in property in Portugal

Investing in property for a Golden Visa is an attractive option for those looking to gain access to the European Union.

By investing at least €280,000 into a property in certain areas of Portugal, you can receive residency permits that grants you visa-free travel throughout the EU.

You can invest in residential and commercial real estate that will provide significant returns on investment over time. We give you complete assistance throughout the purchasing, from finding the right property to filing all necessary paperwork.

Investing in Property for a Golden Visa is a great way to ensure long-term financial security while gaining residency or citizenship rights in select countries around the world.

Learn more about the Portugal golden visa 2022 changes.

Other investment options for a Portuguese golden visa

Portugal’s golden visa investment funds are becoming increasingly popular among investors who want to gain residency and citizenship in the country.

Investment funds are also eligible for the Portugal golden visa program and provide a fast-track route to Portuguese citizenship for non-EU nationals as well as real estate investment.

In short, Portugal is the best affordable golden visa Europe for anyone looking to take a chance and start a new life in one of the most beautiful countries of Europe.

This type of visa offers many benefits, such as an easier way to obtain residency and work permits, access to healthcare and educational services, and the ability to move around freely throughout Europe. You can also enjoy the tax advantages of living in an EU member country.

Portugal golden visa new rules 2023

Portugal has been a go-to destination for retirees and digital nomads for years, thanks to its temperate climate, affordable cost of living and relaxed lifestyle, but the Portugal Golden Visa program, which offers residency to non-EU citizens who invest in Portuguese property, is about to get a lot stricter with new rules for 2023

Although Portugal’s residency by investment program is one of the most sought after by wealthy foreigners, the Prime Minister announced that the program is under evaluation.

Early in 2022, applicants were no longer able to invest in residential properties in major cities of Portugal, such as Lisbon, Porto, and the Algarve.

Portugal, along with other European countries offering golden visas for foreigners, have been chastised by the European Commision.

The residency by investment have been in the international spotlight for some time, and the most popular programs are putting stricter rules to control the influx of applications.

Unlike most other golden visa programs, Portugal’s program allows investors a lot of freedom, as it only requires you to spend 7 days within the first year in-country.

According to the Portuguese Immigration and border service (SEF), the number of golden visas doubled in September 2022 compared to 2021.

 

Although the golden visa program is not an instant citizenship by investment scheme, it offers you an easy route to apply for citizenship after 5 years.

 

If you plan to apply for the Portugal golden visa, now is the time to start your process before new and stricter rules of 2023 come into place.

 
Portugal golden visa new rules 2023

What are the requirements for the Portuguese golden visa?

The requirements are simple and straightforward to qualify:

 

  • You’re a non-EU/EEA and non-Swiss citizen

  • Make a minimum investment in Portugal of €280,000 (standard threshold for real estate)

  • Provide evidence of a clean criminal record

  • Spend at least seven days in Portugal the first year, and 14 days the following years.

Who will be affected by the Portugal golden visa new changes of 2023?

Simple. Those who decided to not start, the current processing time and the changes to the program won’t affect your eligibility if you already started the process.

 

The delays don’t affect your ability to complete the visa application, but it will increase the overall time it takes to gain permanent residency.

 

Portugal’s Immigration and borders service has already responded to this problem by adding new staff in all their branches, as its expected a new influx of applications for 2023.

 

In these uncertain times, Portugal offers a safe haven for you and your family.

 

Applying for a second residency does take a bit of work and effort. But these changes might mean your last chance to get onboard on the easiest pathway to EU citizenship.

 

In short, the Portuguese golden visa seems to get stricter rules for 2023. However, it is important to note that these changes or the program’s suspension won’t take effect until its confirmation, so there is still time to apply for a golden visa before the new rules come into force.

 

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Golden visa Portugal suspended?

Is the Portugal golden visa suspended? This is one of the newest topics around the golden visa programs worldwide. The Portuguese parliament announced that the Portugal golden visa is under revision, among other programs.

 

In light of the current economic situation affecting several countries, there has been a new influx of applications for the Portugal golden visa. Portugal has remained the popular country to get a residency-by-investment in Europe.

 

In 2022, the Portuguese government changed the golden visa rules slightly to encourage investors and wealthy entrepreneurs to invest in other areas of its territory.

 

For that reason, from January 2022, investments in residential properties in the major cities of Portugal do not qualify for the golden visa anymore. Instead, those investments in real estate keep qualifying for the program if they’re made in the interior areas of Portugal.

 

According to SEF, the Portugal golden visa has already raised 6.46 billion euros for Portugal since its launch.

 

While Portugal reinforces the efficiency of its program, other European countries such as Cyprus, Bulgaria, Malta and Latvia have struggled with the pressure from the European Commision.

 

As of now, the Portugal golden visa hasn’t been suspended, the Prime Minister, Antonio Costa stated the program is under evaluation. 

 

A decision will be announced when the evaluation is completed. 

 

In the meantime, SEF is still processing new golden visa applications.

 

If you plan to apply for the Portugal golden visa, you should be aware of the recent changes of the program.

golden visa portugal suspended

What has changed in 2022?

The proposed changes of January 2022 mean that you won’t be able to buy residential property in high density areas such as Lisbon, Porto and Algarve.

 

The only way you can unlock this geographical restriction is by investing in commercial properties.

 

In terms of qualifying through investment, €280,000 in real estate in a low-density area secures your application, but with the evaluation of the program.

Who is eligible for the Portugal golden visa program?

All third-country citizens who conduct an investment in Portugal, to apply for the Portuguese golden visa you must meet the following criteria:

  • You are above 18 years old.

  • Make a significant investment in Portugal. 

  • You don’t have any history of criminal records in Portugal and the country of origin.

  • You’re committed to maintaining the investment for at least five years.

 

In sum, the Portugal golden visa is not ending and is still a great opportunity for investors. The Portuguese government has made some changes to the program, but it is still a great way to obtain residency in Portugal. If you are thinking about investing in Portugal, now is the time to apply.

 

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