PORTUGAL
Portugal, Europe’s West Coast, is one of the safest and the most beautiful and globalized countries in the world with the high living standards, great healthcare, and education system in the European Union famous for countless beaches, great culinary, historical sites, and rich culture.
The Investment Residence Permits known as Golden Visa Program launched in 2012 as one of the most popular European Golden Visa schemes.
Applicants and their dependent family members can live, work and study in Portugal and gain freedom of movement within the entire Schengen area. They have the option to obtain the fourth most powerful EU passport, Portuguese nationality, within five years with only 7 days physical presence obligation per year in this country.
Capital : Lisbon
Language : Portuguese
Population : 10,100,000
Currency : Euro (EUR)
PROCESSING TIME
• Over 6 months
VISA FREE COUNTRIES
• Visa free access to the Schengen Area
INVESTMENT TYPE
• Capital investment(Funds Transfer)
• Real-estate investment
INVESTMENT AMOUNT
• Minimum capital investment of EUR 1.5 million
• Minimum property acquisition of EUR 280,000
DEPENDENTS FAMILY
• Spouse, children under 18, dependent parents and in-laws
• Adult children over 18 - unmarried, studying and economically dependent
KEY BENEFITS
• Right to live, work and study in Portugal
• Freedom of movement in Europe Schengen Area
KEY FACTS
Obtain residence of Europe in six months
Low physical presence obligation to hold residency (14 days stay in Portugal in every 2 years)
No need for interview, language, education, managerial or business experience.
Instant family reunification
A fast route of getting citizenship after 5 years while keeping other citizenship(s)
High quality healthcare service and excellent English and Portuguese schools and universities
GLOBAL MOBILITY
The right to live, work and study in Portugal.
Visa-free travel to the Schengen Area.
Visa-free travel to +180 countries after having Portuguese nationality
The fourth strongest passport of the world.
ASSET PROTECTION
Attractive tax regime on your Portuguese income if you stay more than 183 days per year.
No tax on foreign income and activities in the primary country of residence.
The possibility of rental income of 3-5% on real estate acquisition.
Redeem the capital investment or sell the property after 5 years.
Low amount of investment compares to other European residency programs
INVESTMENT TYPE AND AMOUNT
TIMELINE
The first step is to choose the investment type and sign the property reservation agreement in case of real estate acquisition after retaining MICS and paying its initial professional fee.
MICS processing team will provide the applicant with a precise list of civil and financial documents required by the government.
The MICS legal team will apply to get the applicant’s NIF (an individual tax identification number in Portugal) and opening a Portuguese bank account and the applicant must transfer the minimum investment amount to his/her bank account.
Once all documents are collected, the payment of the analysis fee must be paid to the government and then the investment will be transferred to the project account. This is when the complete application will be submitted online to SEF and MICS second professional fee will be due.
The client and dependent family members need to travel to Portugal for in-person biometric collection and original documents submission. This is when the approval fee must be paid to SEF.
Depending on the country of residence, the clients may need visitor visas to enter Portugal and MICS will provide required documents to support this request at the pertinent Portuguese embassy.
Temporary Residential cards will be issued within 20 working days after completion of the final approval is received.
Once the cards are issued, they can be collected in one of the MICS offices, or they can be delivered to the applicants by registered mail. This is when the payment of MICS professional fee balance will be due.
