Portugal

Republic Of Portugal

• Member of the European Union and Schengen Area
• Located between Spain and the Atlantic Ocean
• Mediterranean climate; one of the warmest countries in Europe.
• High quality of life, with modern business and medical facilities, shopping, universities, natural beauty, sports, and cultural events.
• Population of 10.5 million; 20% live in the capital city of Lisbon
• GDP of over US $7,800 per capita
• Official language is Portuguese, but 80% of the population also speaks English.
• T otal area of 92,212 km²

Portugal Golden Visa Program

• Application includes principal applicant, spouse, and all dependent children
• Applicant purchases a property in Portugal, or makes an investment in a Portuguese bank; investment period is 5 years (or until citizenship issuance).
• Residents may work and live indefinitely in Portugal, and travel visa-free throughout the Schengen area (26 European countries).
• Children can attend schools and universities
• No tax on worldwide income
• After 6 years of residency, family can apply for Portuguese citizenship and passports

Applicant Criteria

• Possess a valid passport and live legally in any country
• Not already a citizen of the European Union
• No net worth, source of funds, management experience, language, or education requirements
• No interview (only an exploratory visit)
• Minimum age 25 (no maximum age)
• Pass a security background check
• Purchase a property in Portugal (€500,000), or make an investment in a Portuguese bank (€1,000,000); investment period is minimum 5 years (or 6 years to apply for citizenship).
• Spend two weeks in Portugal in each two year period during residency period