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What Are the Steps to Get a Golden Visa in Portugal in 2024?
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The RIF Trust Perspective on Portuguese Golden Visas
Mahmoud El Wakil is our Portuguese Residency by Investment specialist. He advises you to get a golden visa in Portugal so that you can “travel freely within the Schengen zone.”
Other benefits include, points out El Wakil, “the right to reside and work in Portugal provided you remain in Portugal for at least 7 days in your first year and 14 after every two-year period.”
But perhaps the most irresistible advantages to being a Portugal Golden Visa holder, our Portuguese Residency by Investment expert acknowledges, are “the chance to transition to permanent residence or citizenship after a 5-year naturalization, assuming you meet the minimum physical residence requirement.”
The Step-by-Step Guide to Securing a Portuguese Golden Visa
Is Residency by Investment on your radar as a Third Country National? We suggest you consider the Portuguese Golden Visa, available for everyone who is not already a Portuguese national or national of the EU, EEA, Andorra, or Switzerland. Here are the steps you need to take to get a golden visa in Portugal in 2024.
Your Golden Visa in Portugal Plan of Action
In Portugal, Article 90-A governs the country’s golden visa aka the Residence Permit for Investment Purposes. It sets out various routes to acquiring one. Which of the following will you take?:
- Incorporate a company or contribute a minimum €500,000 to boost the share capital of an established Portuguese firm that creates 5 positions for locals over a three-year period or sustains 10 jobs
- Make a capital transfer of at least €500,000 to finance the work of public or private Portuguese scientific research institutions
- Transfer a minimum €250,000 capital as an investment in or bolstering of artistic production, renovation, or continuation of Portuguese cultural legacy via public business entities
- Invest no less than €500,000 in investment funds or venture capital funds in Portugal
How to Get a Golden Visa in Portugal in 2024
You now know the eligibility conditions to obtain a Portuguese Golden Visa. To make the step from interested party to applicant, you’re going to need to talk to a Residency by Investment consultancy like RIF Trust. So, contact us now and we’ll show you how to invest in Portuguese residency.