Portugal Golden Visa Specialists

Portugal Golden Visa Application Process

Last Update: 06.06.2023.

In this blog post, we’ll provide you with a step-by-step guide to help you navigate the Portugal Golden Visa application process. From choosing your investment option to obtaining the visa, we’ll cover all the necessary steps involved in the process. Whether you’re looking to invest in real estate or investment funds, this guide will help you understand the requirements and procedures for obtaining a Portugal Golden Visa.

The Portugal Golden Visa program is a popular and attractive option for investors looking to gain residency in Portugal. However, the application process can be complex and time-consuming. At Golden Port Visa, we offer you our expertise and assist with the residency by real estate investment program.

Portugal golden visa application process step-by-step

1. Choose your investment option

There are several investment options available for obtaining a Portugal Golden Visa, such as investing in real estate or investment funds. Choose the option that suits your needs and budget. The investment threshold vary depending on the type of investment, here is a quick view of the minimum investment you need to make: 

  • Property Investment: You can get a Golden Visa by purchasing a property. The lowest real estate investment for the Portugal Golden Visa is 280,000 EUR.
  • Investment fund: You can also invest a minimum of 500,000 EUR in a qualifying Portuguese investment fund.

Once you’ve decided which route to continue your application process then it’s time to engage with your immigration consultancy team.

Golden Port Visa is a leading immigration consultancy in real estate and funds investments. Our focus on these two options sets us apart from the competition and enables us to provide exceptional service and results to our clients.

Our expertise and dedication to the industry guarantee success for our clients seeking a golden visa. Our team is fully dedicated to providing the best possible outcomes, and we ensure that all our clients are fully satisfied with our services.

Portugal golden visa application process

2. Investment payment, Portuguese Tax ID, open bank account, and collect all required documents.

Now that you have decided which investment type to go with you need to make the investment payment. The Portugal Golden Visa requires that the payment is made through a Portuguese bank account, that’s why opening a bank account is a MUST in this process. This step usually requires an in-person procedure, but our lawyer will help you with this if you cannot be there. Learn more about the NIF requirements here.

You must gather all the necessary documentation for your pre-application, some of them are necessary for getting the NIF, opening the bank account, and making the power of lawyer: Passport, employment letter, and your proof of address. 

Some of these documents will require an official translation by a Portuguese Consulate and be apostilled before the submission. Find more about the Portugal Golden Visa required documents here.

Once you have collected all the required documents, opened the bank accound, get your Portuguese Tax ID (NIF), and completed the investment payment,  we will submit your application to SEF. The processing time for the Portugal Golden Visa application can vary, but it usually takes around 3-10 months.

Portugal golden visa application process

3. In person SEF appointment

Once your application is approved, SEF will offer you available dates for biometrics appointments after reviewing your pre-application. You and your family must be in person at the SEF offices to take fingerprints and make your application official.

This permit can be renewed for subsequent periods of two years each, as long as the invesment is maintained. After five years, you can apply for permanent residency or citizenship.

Portugal golden visa application process

Portugal Golden Visa Timeline

Portugal’s Golden Visa processing time has been a hot topic this year, although SEF has already responded to the backlog of applications. You should expect some delays to get your residency card. The following timeline is an estimation of how long it will take you get your golden visa and citizenship.

Portugal golden visa timeline

Timeline to Citizenship

  • Year 1 and 2: For the first two years, your residency card will be valid. You must spend a total of 14 days within these two years. And renew your residence permit at the end of this period. Note that you must do the renewal process 30-90 days before your card’s expiration date.
  • Year 3 and 4: Your golden visa residence permit will be valid for two years once renewed. You must spend at least 14 days in Portugal within those two years.
  • Year 5: You must renew your residence permit and it will be valid for two years once renewed. You must spend at least another 14 days in Portugal within those two years. You will have three options at the end of the fifth year: a)Make an application for permanent residency in Portugal, b) Apply for Portuguese citizenship, c) Continue with the GV program for temporary residence.

In conclusion, the Portugal Golden Visa program is a fantastic opportunity for investors looking to secure residency in a European country. However, it’s important to understand the requirements and make sure that you are eligible before embarking on the journey. If you have any questions or doubts, please don’t hesitate to reach out to a consultant at Golden Port Visa.

Our team of experts specializes in real estate and funds investments, and we are committed to ensuring your success in obtaining a Golden Visa. By focusing solely on these two options, we can guarantee a smooth and successful process for our clients. Take advantage of this incredible opportunity. Contact us today to learn more.

FAQ - Portugal Golden Visa application process

Is the Golden Visa still available in Portugal?

The Portugal Golden Visa program is currently under revision. While no new announcements have been released yet, there have been rumors that the Portuguese government is planning to increase the minimum investment threshold for the program. It is important to note that these are just rumors at this point and nothing has been confirmed by the government. As of now, the program is still open for applications and the government is continuing to analyze and consider potential changes to the program.

How much is Portugal Golden Visa?

The program is open to individuals who make certain types of investments in Portugal, including real estate, business, and job creation. To qualify for the Golden Visa, investors must make a minimum investment of €280,000 in real estate or €500,000 in funds

What is the Portugal Golden Visa?

The Portugal Golden Visa program is a residency and citizenship by investment that allows you and your family to live, work and study in Portugal while enjoying all the rights and benefits this country gives you. Also, the advantage of visa-free travel within the Schengen area.

Is Portugal’s Golden Visa Program Ending?

The program is currently under revision and no new announcements have been released yet regarding its end. However, there have been rumors that the Portuguese government is considering increasing the minimum investment threshold for the program and that the Real Estate investment option may not be available in the future. As a result, investment funds may be the focus of the program going forward. It is important to note that these are just rumors at this point and nothing has been confirmed by the government.