If you're an Indian investor seeking a gateway to Europe, the Portugal Golden Visa offers a compelling opportunity. This residency-by-investment program allows non-EU nationals to obtain Portuguese residency, paving the way for European Union citizenship. Recent updates have refined the program, focusing on sustainable investments that benefit Portugal’s economy and society. For tailored guidance, start here: Portugal Golden Visa consultation.
What is the Portugal Golden Visa?
Launched in 2012, the Portugal Golden Visa is a residency program that grants non-EU investors and their families the right to live, work, and study in Portugal. After five years, visa holders can apply for permanent residency or citizenship, provided they meet certain criteria. The program is particularly attractive due to its minimal stay requirements—just seven days per year on average.
Key Updates in 2025
As of October 2023, significant changes have been implemented:
- Real Estate Investments Removed: Investing in real estate is no longer an eligible route for the Golden Visa.
- Introduction of “Solidarity Visa”: A new pathway encourages investments in affordable housing and migrant accommodation, aiming to address housing shortages.
Investment Options
Applicants must choose one of the following investment avenues:
1. Investment Funds
- Minimum Investment: €500,000
- Criteria: Funds must be committed to the capitalization of Portuguese companies, with at least 60% of the investment in companies headquartered in Portugal.
2. Scientific Research
- Minimum Investment: €500,000 (€400,000 in low-density areas)
- Purpose: Funding research activities in public or private institutions within Portugal’s scientific and technological system.
3. Cultural Heritage and Arts
- Minimum Investment: €250,000 (€200,000 in low-density areas)
- Objective: Supporting artistic production or the preservation of national cultural heritage.
4. Business and Job Creation
- Option A: Create at least 10 new full-time jobs in Portugal (8 in low-density areas).
- Option B: Invest €500,000 in a Portuguese company, creating or maintaining jobs for at least three years.
Eligibility Criteria
To qualify for the Portugal Golden Visa, applicants must:
- Be over 18 years old.
- Have a clean criminal record.
- Own the funds for investment.
- Maintain the investment for at least five years.
- Spend an average of seven days per year in Portugal during the five-year period.
Family Inclusion
The Golden Visa extends to immediate family members, including:
- Spouse or legal partner.
- Children under 18.
- Dependent children under 26, if unmarried and in full-time education.
- Parents of the main applicant or spouse, if 65+ or dependent.
Application Process
- Choose Investment: Select an eligible investment option.
- Obtain NIF: Acquire a Portuguese tax identification number (NIF).
- Open Bank Account: Set up a Portuguese bank account.
- Complete Investment: Transfer funds and finalize the investment.
- Submit Application: Apply online through the Portuguese Immigration and Borders Service (SEF) portal.
- Biometrics Appointment: Attend fingerprinting and photo appointment.
- Receive Residence Permit: Upon approval, receive a residence permit valid for two years, renewable for three-year periods.
Benefits for Indian Investors
- EU/Schengen Access: Visa-free travel within the Schengen Area.
- Path to Citizenship: Eligibility for Portuguese citizenship after five years, with no requirement to renounce Indian citizenship.
- Family Inclusion: Extend residency to family members.
- Quality of Life: Enjoy Portugal’s high standard of living, healthcare, and education.
- Business Opportunities: Access to European markets for business expansion.
Important Considerations
- Tax Regime Changes: The Non-Habitual Resident (NHR) tax regime has been revised; new residents may not benefit from previous tax advantages.
- Program Adjustments: Stay informed about potential changes to investment thresholds and eligible sectors.
Next Steps
For personalized guidance, consider consulting with immigration experts or legal advisors specializing in Portuguese residency programs. They can assist with investment selection, application preparation, and compliance with legal requirements.
To Know more about the Application Process and your Eligibility
Please get in touch with our expert consultants at +91-9019-400-500 or email us at [email protected]
FAQs
Is real estate still eligible for the Portugal Golden Visa? No. Real estate investments have been removed from Golden Visa eligibility; consider investment funds, research, culture, or job creation.
What is the minimum for investment funds under the Golden Visa? The minimum is €500,000, with at least 60% invested in companies headquartered in Portugal.
How much time do I need to spend in Portugal each year? Only about seven days per year on average to maintain residency—one of the program’s biggest advantages.
Can my family be included in my application? Yes. Spouse/partner, minor children, dependent children up to 26 (in full-time education), and dependent parents can be included.
