One of Europe’s oldest countries, Portugal boasts a rich historical and architectural heritage. Luminosity, radiance and culture beam through the whitewashed villages and lush vineyards of this country positioned on the blissfully elegant shores of the Atlantic Ocean.
Portugal boasts a rich and diverse culture, Mediterranean climate, and a safe and stable setting ideal for raising families, conducting business or travelling. Investors find many opportunities in Portugal’s secure and fast-developing market, including the following:
One of the most attractive options is the ability to apply for permanent residency and citizenship after 5 years without the need to reside in Portugal. In fact, the applicant and their family need only visit for two weeks every two years in order to renew the Portuguese Golden Visa.
In Portugal citizenship can be granted without the applicant having resided in the country. However, the investor having acquired residency through the golden visa programme will need to demonstrate ties to the country and pass a basic language test. Citizenship of Portugal and a second passport conveys the right to live, work and study anywhere in the European Union. The Portuguese residency card granted through the golden visa programme allows the holder to travel throughout the EU Schengen zone.
Portugal’s Golden Resident Permit Program is offered in accordance with the Ministry of Foreign Affairs through the Department of Consular Affairs and the Portuguese Trade and Investment Agency (AICEP).
Aimed at attracting foreign direct investments to the country, the program yields a residency permit in Portugal to non-EU investors who fulfill one of the investment options below and meet the following requirements:
Property Investment Options
In July 2015, through Act 63/2015 and Regulatory Decree 15-A/2015, the required investment options were revised and new ones added. Investors can now choose from the following:
Second Passport handpicks prestigious projects to meet our clients’ expectations. By investing in fractions of pre-qualified projects applicants become co-owners of the entire project and qualify for Portugal’s Golden Visa. Our selected projects share some key benefits:
Applicants must create 10 or more jobs.
Southwestern Europe, bordering the North Atlantic Ocean, west of Spain
92,090 sq. km.
0-14: 15.50%, 15-24: 11.4%, 24-54: 41.88%, 55-64: 12.07%, 65+: 19.15%
Portuguese (official), Mirandese (official, but locally used)
Roman Catholic: 81%, Other Christian: 3.3%, Other (includes Jewish, Muslim, Other): 0.6%, None: 6.8%, Unspecified: 8.3%
1 USD = 0.9214 EUR