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
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.
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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.