FAQs (16)
Portuguese Golden Visa
What is the Portuguese Golden Visa Program?
The Portuguese Golden Visa program is a residency by investment program that allows non-EU/EEA nationals to obtain a Portuguese residence permit by making a qualifying investment in Portugal. The program was launched in 2012 and has become one of the most popular investment migration programs in Europe.
What are the Golden Visa funds?
The Golden Visa funds are a specific investment option under the Portuguese Golden Visa program. This involves investing a minimum of €500,000 in a qualifying investment fund that is approved by the Portuguese government.
Are there any restrictions on the types of investment funds eligible for the Golden Visa?
Yes, there are some restrictions on the types of investment funds that are eligible for the Golden Visa program. The funds must be registered and authorized by the Portuguese Securities Market Commission (CMVM) and must invest a minimum of 60% of their assets in Portugal.
How much do I have to invest in a Golden Visa Fund to qualify for the program?
To qualify for the Portuguese Golden Visa Program through investment in a Golden Visa Fund, you must invest a minimum of €500,000 in the fund.
How long do I have to maintain my investment in the Golden Visa Fund?
You must maintain your investment in the Golden Visa Fund for at least five years to fulfill the requirements of the Portuguese Golden Visa Program.
Can I include my family members in the Portuguese Golden Visa application?
Yes, you can include your spouse, dependent children, and dependent parents in your Golden Visa application. This allows the entire family to qualify for the Portuguese Golden Visa program.
Are there any additional requirements for the Golden Visa Program apart from the investment?
Yes, there are additional requirements for the Portuguese Golden Visa Program, including:
- Maintaining a clean criminal record
- Having valid health insurance in Portugal
- Spending a minimum number of days in Portugal each year (7 days in the first year and 14 days in subsequent two-year periods)
How long does it take to obtain a Golden Visa through investment in a Golden Visa Fund?
The processing time for a Golden Visa application may vary, but it usually takes about 12-18 months from the date of submission of the complete application.
Can I apply for Portuguese citizenship through the Golden Visa Program?
Yes, after holding the Golden Visa for five years and fulfilling the required physical presence and language proficiency criteria, you may apply for Portuguese citizenship.
Are Golden Visa Funds regulated in Portugal?
Yes, Golden Visa Funds are regulated by the Portuguese Securities Market Commission (CMVM) and must adhere to strict compliance, reporting, and transparency requirements.
Can I invest in more than one Golden Visa Fund?
Yes, you can invest in multiple Golden Visa Funds, as long as the combined investment meets the minimum required amount of €500,000.
Can I work in Portugal with a Golden Visa?
Yes, Golden Visa holders are allowed to work in Portugal, as long as they fulfill the general conditions required for such employment.
Can I apply for the Golden Visa if I already have residency in another European country?
Yes, you can apply for the Portuguese Golden Visa even if you have residency in another European country. However, you must meet the investment and eligibility requirements of the Portuguese Golden Visa Program.
How long does the Golden Visa application process take?
The Golden Visa application process typically takes 8-10 months to complete, from the time the investment is made to the issuance of the residence permit.
What are the renewal requirements for the Golden Visa?
The Golden Visa is initially issued for a period of 1 year and can be renewed for subsequent 2-year periods. To renew the visa, the investor must maintain the qualifying investment and meet certain residency requirements, such as spending at least 7 days in Portugal during the first year and 14 days in each subsequent 2-year period.
Can the Golden Visa funds be held jointly with family members?
Yes, the Golden Visa funds can be held jointly with family members, such as a spouse and dependent children. This allows the entire family to qualify for the Portuguese Golden Visa program.