Explore the essential requirements for obtaining residency in Portugal through the Golden Visa program. STAG Investments provides clarity on all necessary steps and criteria to secure your Portuguese residency.
Overview of Portugal Residency Visa
Portugal’s residency visa, popularly known as the Golden Visa, is an attractive immigration program designed for non-EU/EEA citizens. It allows individuals to gain legal residency in Portugal through qualifying investments. Whether you’re looking for a gateway into Europe, seeking lifestyle improvements, or securing a strong investment opportunity, the Golden Visa offers a practical and efficient path.
Eligibility criteria for the Portugal Residency Visa
To be eligible for the Portugal Golden Visa, applicants must meet the following core requirements:
- Non-EU/EEA nationality: only individuals from outside the European Union and European Economic Area may apply.
- Clean criminal record: applicants must have no criminal convictions in both Portugal and their country of origin.
- Qualifying investment: a minimum investment of €500,000 in approved Portuguese assets or funds.
Investment requirements
The Portugal Golden Visa requires investment through several options, including:
- A minimum investment of €500,000 in a fund regulated by the Portuguese Securities Market Commission (CMVM).
- A minimum holding period of five years.
- Ensuring the investment complies with CMVM regulations.
Documentation required for application
Applicants are required to submit a comprehensive set of documents, which include:
- A valid passport and travel identification.
- Proof of legal entry into Portugal.
- Health insurance that covers medical needs in Portugal.
- Criminal record certificates from the applicant’s home country and from Portuguese authorities.
- Proof of investment, such as bank statements, signed subscription documents, or fund confirmation letters.
- Portuguese bank account documentation.
Application process: step-by-step
- Investment decision: choose an eligible investment such as a fund managed by STAG Investments.
- Prepare documentation: Collect and certify all required documents.
- Submit application: file your application with the Portuguese Immigration and Border Services (SEF)
- Biometric data submission: provide biometric data at a scheduled appointment.
- Approval and residency card issuance: upon approval, receive your residency approval and your residency card.
Residency maintenance requirements
To obtain residency in Portugal, there’s a minimum stay requirement of seven days per year. Residency renewal is possible every two years, contingent upon maintaining the investment.
Path to permanent residency and citizenship
After five years, you become eligible to apply for permanent residency or citizenship. Basic proficiency in the Portuguese language is required to obtain citizenship.
Benefits of obtaining Portugal Residency Visa
Residency grants the freedom to live, work, and study in Portugal. It also allows visa-free travel throughout the Schengen Area and provides access to Portugal’s high-quality healthcare and education systems.
How STAG investments simplifies your journey
At STAG Investments, we offer:
- Expert advice and full support throughout the application process.
- Management of your investment with professionalism and transparency.
- Continuous assistance to maintain and renew your residency status.
From the first consultation to receiving your residency card, we are with you every step of the way.
Frequently Asked Questions (FAQs)
- Can I include my family in my residency visa application? Yes, immediate family members, including your spouse, dependent children, and parents, can be included.
- How long does the visa approval process typically take? The approval process typically takes around 4 to 6 months from the application date.
- Are there language requirements for the initial residency visa application? No, language proficiency is only required when applying for permanent residency or citizenship after five years.
Securing residency in Portugal through the Golden Visa program is a well-defined and attainable process. With the right investment strategy and expert guidance, your path to EU residency is within reach. Trust STAG Investments to provide the expertise, support, and financial insights necessary to make your transition smooth and successful.
Ready to obtain your Portugal residency? Contact STAG Investments today for personalized guidance and begin your journey toward a new life in Portugal with confidence.