Portugal is one of the best touristic as well as residential destinations in all of Europe. The growing Portugal economy is served invariably by a lot of the people residing with the Portugal residency by investment program. The country boasts of high living standards, friendly culture, and a peaceful environment for investors and their families. These precedents make it one of the most popular countries to relocate to in the European Union. Immigration to Portugal by Investment The Portugal investment visa is offered to citizens of other non-EU countries as a way to attract investment and residents to this beautiful country. Investors can live and work in the country for five years by investing €500,000 in the real estate sector. They must initiate a transfer of funds of at least €1,000,000, or create a minimum of 10 jobs. Another investment option is to invest €350,000 in real estate that is 30 years or older and gain a residency permit. This amount can be reduced by 20% and come down to €280,000 when you invest in a low-density population area. One of the major benefits of immigration to Portugal by investment is that it includes the spouse and children under the age of 21 as a part of the residency program. The initial residence permit is provided for 1 year, which can then be renewed. Once the investor and his/her family have lived in the country for 5 years, they are eligible to apply for permanent residency in the country. Prerequisites of a Portugal investment visa The applicant investors must take care of the following requirements for getting a Portugal investment visa -
The document required to apply for a Portugal residency by investment include -
When Can Investors Apply For Citizenship? The alluring beauty, coastal areas, culturally-rich lifestyle, and friendly residents attract hundreds of immigrant investors in Portugal every year. After getting the Portugal residency by investment, investors and their families can apply for permanent residency after 5 years. After the completion of 6 years, they become eligible to apply for Citizenship in Portugal and become voting national of the country and citizens of the EU. If you’re looking to get a residency and citizenship in Portugal, we can help. Sunset Visa is a leading immigration investment company assisting investors get the Portugal investment visa in simple and easy steps. Contact us today.
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