The Portugal Golden Residence Permit Program, widely known as the Portugal Golden Visa Program, is one of the most popular residency-by-investment programs in Europe. Designed for non-EU nationals, it allows individuals and families to secure residency in Portugal through qualified investment routes.
This residence permit gives holders the right to live, work, and study in Portugal, while also granting visa-free access to the Schengen Area. The program requires only a minimal stay in Portugal—an average of seven days per year—making it highly attractive to global investors.
Benefits of a Portuguese Golden Visa
- Visa-free travel across Europe’s Schengen Area
- Right to live, work, and study in Portugal
- Eligibility to apply for citizenship after five years while retaining other citizenship(s)
- Low physical presence requirement (14 days in the first two years, 21 days over the next three years)
- Access to world-class schools and universities
- High quality of life, rich cuisine, wines, and culture
- Mild climate and high level of personal security
- Access to international-standard healthcare facilities
Portugal Golden Visa Requirements
Applicants can qualify by choosing one of several investment categories:
Capital Transfer
- €500,000 – Acquisition of investment fund or venture capital fund units (minimum five-year maturity; at least 60% of portfolio in Portuguese companies; excludes real estate entities)
- €500,000 – Investment in research activities by public or private entities within Portugal’s scientific and technological system
- €400,000 – Investment in a low population density area*
- €250,000 – Contribution to artistic production or preservation of cultural heritage
- €200,000 – Investment in a low population density area* within the cultural category
Business
- Creation of at least 10 new jobs
- Creation of 8 new jobs in a low population density area*
- €500,000 – Incorporation of a Portuguese commercial company creating a minimum of 5 permanent jobs for 3 years
- €500,000 – Investment in share capital of an existing Portuguese company, creating 5 new jobs or maintaining 10 jobs for at least 3 years
A low population density area is defined as fewer than 100 inhabitants per km² or GDP per capita below 75% of the national average.
Procedures for the Portugal Golden Visa
The application process involves several steps:
- Initial Setup – Applicants obtain a taxpayer number (NIF), open a Portuguese bank account, and choose an eligible investment.
- Legal Documentation – Collect and prepare required legal documents with the assistance of an immigration lawyer or consultancy team.
- Investment Completion – Finalize the qualifying investment.
- Application Submission – Submit the application online to the Portuguese immigration authority (AIMA).
- Biometrics Appointment – Applicant and family visit Portugal to provide biometric data and original documents.
- Approval & Residence Permit – Once approved, the applicant pays the fees and receives a two-year residence permit, renewable for three years.
After five years, the applicant may choose to extend the residence permit, apply for permanent residency, or apply for Portuguese citizenship.
Portuguese Citizenship via Golden Visa
Holding a Portuguese Golden Visa provides a direct path to citizenship after five years of legal residence, provided the following conditions are met:
- Applicant is 18 years or older
- Has been a resident in Portugal for at least five years
- Has basic Portuguese language skills (A2 CEFR level)
- Has no criminal convictions with penalties equal to or exceeding three years under Portuguese law
- Demonstrates connections to the Portuguese community (optional but favorable)
Portuguese citizenship grants full EU rights, including the ability to live, work, and study anywhere in the European Union. Additionally, Portuguese passport holders enjoy visa-free or visa-on-arrival access to over 180 destinations worldwide.
Final Thoughts
The Portugal Golden Visa Program remains one of the most flexible and attractive residency-by-investment options in Europe. With minimal stay requirements, multiple investment routes, and a clear pathway to EU citizenship, it is ideal for investors and families seeking both lifestyle benefits and long-term security.