Residency by Investment – Introduction

Portugal - Residency by Investment

Residency is a legal status offered to someone who is not an actual citizen of the country. This visa status gives the individual multiple benefits like the right to study, work, live and access healthcare in the nation. It is also commonly considered a way to achieve citizenship by naturalization, given the person resides in the country for a given period.
 
Because of its flexibility, many countries offer Residency by Investment program. It is a way for someone to get residency status in exchange for an investment made towards the economy of the country. The applications of people who opt for this mode are usually quickly processed.
 
Being able to reside in multiple countries is a personal and professional advantage that all high-net-worth individuals wait to grab hold of.
 
Such options are also called Golden Visa Programs, and a lot of countries within the European Union offer this right now. If you want to reside in another country as a resident and have the capacity to invest in the economy of the nation, then Residency by Investment may be the perfect way to achieve this.
 
Get in touch with VLinks Group to know how best to make use of the Residency by Investment opportunity.

Portugal

The Portugal Republic is a country in Southern Europe and borders Spain. Apart from its popular football team, Portugal is known for its cultural and architectural influence and stunning beaches. Portugal is a high-income country and ranks high in its quality of life too.

The Portugal Residency by Investment program was initiated in 2012, and the advantage of the program is that you can get your second residency even while residing in another country.

Why opt for a Portugal Residency?

  • Visa-free travel to most countries in the Schengen Area.
  • You get the right to study, work, travel, and do business in Portugal as a resident.
  • Quick and hassle-free process to obtain residency.
  • Ability to include family members in the application.
  • Easy to obtain Permanent Residency and citizenship later on.

Investment Options

There are different ways in which you can invest in Portugal to be able to receive residency status. A few popular ones are mentioned here.

Real estate

  1. Buy a real estate property (residential, commercial, or agriculture) worth at least EUR 500,000.
  2. Invest in a refurbished real estate property worth at least EUR 350,000.

Job creation

  1. Create at least ten job opportunities in Portugal.
  2. Create at least eight job opportunities in Low-Density Territory areas (areas with 100 or fewer inhabitants per square km or Per Capita of less than 75% of the national average)

Capital Transfer

  1. Capital Transfer of at least 1 million Euros.
  2. Capital Transfer of at least EUR 350,000, to be used for research activities in public and private scientific institutions.
  3. Capital Transfer of at least EUR 350,000, to be used for the constitution of a commercial society.
  4. Capital Transfer of at least EUR 350,000, to be used for investing in units of investment funds or venture capital funds dedicated to the capitalization of companies.
  5. Capital Transfer of at least EUR 250,000, to be used for supporting art and natural heritage.

 

Application process

  1. Contact VLinks Group and express your interest in receiving a residency by investment in Portugal.
  2. Submit all the relevant documents and applications.
  3. Once you receive a confirmation approval from the Portuguese Immigration and Borders Services (SEF), plan to invest.
  4. Receive the grant of residence.

Processing time

It may take 3-6 months to process applications.

Citizenship eligibility

The residence authorization can be renewed first for two years and then for five consecutive years. You will be able to apply for citizenship after five years of residence in the country.

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