How much is the Portugal Golden Visa? This blog post will serve as a comprehensive guide for anyone interested in obtaining a Portugal Golden Visa and will cover all the information you need to know about the Portugal Golden Visa program, including the costs associated with it.
What is the Portugal Golden Visa?
The Portugal Golden Visa program was launched in 2012 to attract foreign investment and boost the country’s economy. The program grants a residence permit to non-European Union citizens who make a qualifying investment in Portugal. The residence permit allows the visa holder and their family members to live, work, and study in Portugal, and travel freely within the Schengen Area.
Benefits of the Program
The Portugal Golden Visa program has many benefits, including the ability to obtain residency in a beautiful and safe country in exchange for an investment. Here are some of the benefits you and your dependants will get:
- The ability to live and work in Portugal and the EU
- Access to free movement within the Schengen Area
- The right to reside in Portugal for a minimum of 7 days per year
- The ability to apply for permanent residency or citizenship after 5 years
- The opportunity to study in Portugal and access its excellent education system
- Access to a high standard of living and a desirable lifestyle in Portugal.
Golden Visa Process in Portugal
To obtain a Golden Visa in Portugal, you must make a qualifying investment in the country. The investment options include real estate, investment funds, and job creation. You must also meet the program’s requirements, such as not having a criminal record and having valid health insurance.
Having a clear criminal record in your home country or country of residency is one of the most important requirements to apply for this program.
Read more about the Portugal Golden Visa process.
Portuguese Golden Visa Investment Options
The Portugal Golden Visa program offers several investment options, including real estate and investment funds. The real estate investment option requires a minimum investment of €280,000, while the investment fund option requires a minimum investment of €5000,000.
Both options come with their own advantages and disadvantages, so it’s important to do your research before making a decision.
Golden Visa Portugal documents required list
- Portuguese Golden Visa application form
- Copy of a valid passport and travel documents
- Deed or contract of the purchased property or signed Promissory Contract with proof of the deposit payment
- Declaration from your bank in Portugal confirming the transfer of funds
- Proof of health insurance in Portugal (only required if the investor resides in Portugal)
- Certified copy of the criminal certificate or a police clearance letter from your country of origin
- A completed form authorizing SEF to get an extract of your Portuguese criminal records
- Declaration from you confirming compliance with the investment requirements
- Documents showing a good standing with the Portuguese Tax and Customs Authority and Social Security system. These can be issued 45 days before your online application.
- A receipt showing that you already paid the application processing fee
- Note that the certificates of criminal records or police clearance letters must have been issued no more than 90 days before submitting your application. For all other certificates, it is 180 days.
How much is the Portugal golden visa?
If you’re ready to apply for the Portugal Golden Visa program, it’s important to have a clear understanding of the investment costs involved. This calculator will help you estimate the total cost of your investment, including taxes and fees, you can also include dependents and check the final cost overall.
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In conclusion, the Portugal Golden Visa program is an excellent option for non-European Union citizens looking to obtain residency in Portugal. The program offers a range of investment options, excellent benefits, and the opportunity to apply for citizenship after five years.
The application process can be complex, but with the help of a professional agency like Golden Port Visa, it can be much easier.