Portugal Golden Residence Permit Program
Processing Time (from application to residence permit):Currently 18 to 24+ months (until issuance of residence cards).
Pathway to Citizenship:Eligibility to apply for citizenship after
5 years of legal residence, subject to the following conditions:
- Minimum Stay: 7 days per year (or 14 days every 2 years) in Portugal.
- Language Proficiency: Certification of Portuguese language skills at A2 level.
Eligible Family Members:Main applicant, spouse, children (including financially dependent adult children), and parents under certain conditions.
Key Benefits:- Right of permanent residence in Portugal.
- Right to work in Portugal.
- Visa-free travel within the Schengen Area.
- Eligibility for Portuguese citizenship after just 5 years.
- During the application process, the applicant and family can live and study in Portugal.
Physical Presence Requirement:Minimum of
7 days spent in Portugal
per year.
Minimum Investment Options (as of 2024):Note: Real estate investment is no longer available.- €500,000 — Investment in investment or venture capital funds.
- €500,000 — Investment in scientific research.
- €500,000 — Creation of a Portuguese company with a share capital of €500,000 and creation of 5 jobs, OR investment in an existing company.
- €250,000 — Donation to support culture, arts, or national heritage (non-refundable, no income generated).
- *A 20% reduction in the minimum investment applies to projects located in low-density population regions.*
Investment Holding Period:Minimum of
5 years.
Travel Privileges:- With Residence Permit: Visa-free travel to Schengen Area countries.
- With Citizenship: Visa-free or visa-on-arrival access to 187 countries, including all EU nations, Switzerland, Norway, Iceland, and Liechtenstein.
Right to Live and Work:Full right to
live and work in Portugal.
Taxation:Taxation is based on residency status:
- Tax Residents: Taxed on worldwide income.
- Non-Residents: Taxed only on Portuguese-source income.
Excluded Nationalities:There are
no restrictions based on the applicant's nationality.
Important Note:Applying for citizenship requires
proof of Portuguese language proficiency at the A2 level.