Portugal

Portugal

Portugal offers a sophisticated lifestyle amidst stunning natural beauty. With its sun-kissed coastline, historic cities, and charming countryside, the country provides a perfect balance of relaxation and exploration. A rich tapestry of history, culture, and gastronomy adds depth to the Portuguese experience. As a welcoming and affordable European destination with excellent infrastructure, Portugal presents an irresistible opportunity to own a second home, where tranquility and sophistication intertwine.

 
Portugal
Minimum Investment
Processing Time
Validity/ Renewal Period
Global Income Tax
Family Dependency

EUR 500,000

20-36 months

5 Years, Renewable Countries
Taxable*

Spouse + Parents + Children

Key Benefits:

  1. Visa-free travel within Europe’s Schengen Area
  2. Eligibility to apply for citizenship after five years of legal residence, while retaining other citizenship(s)
  3. Low physical presence requirement: seven days in the first year and 14 days in each of the next two years (time spent in Portugal counts toward citizenship eligibility)
  4. Income-generating and recoverable investment
  5. Family reunification available, including for civil and same-gender partners
  6. Access to excellent international and Portuguese schools and universities
  7. High quality of life, with renowned local cuisine and wines, rich culture, mild climate, and high security
  8. Access to international-standard healthcare clinics and hospitals

Requirements:

  1. Choose one option from the qualifying categories below:
    1. Capital Transfer: 
      1. • EUR 500,000 for acquiring investment fund or venture capital fund units, dedicated to the capitalization of companies incorporated under Portuguese law, with a minimum maturity of five years and at least 60% of the portfolio invested in companies based in Portugal (real estate entities are excluded)
      2. EUR 500,000 for research activities conducted by public or private entities within the national scientific and technological system, or EUR 400,000 for research in a low population density area*
      3. EUR 250,000 for supporting artistic production or the restoration and preservation of national cultural heritage, or EUR 200,000 in a low population density area*
    2. Business: 
      1. Creation of at least 10 new jobs, or 8 in a low population density area*
      2. EUR 500,000 for establishing a commercial company in Portugal, creating at least 5 permanent jobs for three years (or increasing the share capital of an existing Portuguese company, creating at least 5 permanent jobs or maintaining 10 jobs for three years)
  2. *Low population density areas are defined as regions with fewer than 100 inhabitants per square kilometer or a GDP per capita below 75% of the national average.

Application Process

Once the residence permit is granted, the client must provide biometric data and updated original documents at each renewal. The initial permit is typically issued for one year; however, due to the Covid-19 pandemic, it is currently being issued for a duration of two years.

 

  • Client reaches out to Destiny Migration Company
  • Initial due diligence checks are conducted
  • Client agreement is signed, and the retainer is paid
  • Main applicant travels to Portugal to initiate the legal process, including signing powers of attorney, certifying passports, selecting a qualifying option, and opening a bank account (remote options are available up to step 7)
  • Investment is completed, and required documents are gathered
  • Application is submitted via the online platform and reviewed by government authorities
  • Client and family visit Portugal to finalize the application, providing biometric data and original documents
  • Application is approved
  • A two-year renewable residence permit is issued, with renewal options for two additional two-year terms (afterward, the client may extend the permit, apply for permanent residency, or seek citizenship)
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