About Portugal
CAPITAL: | TOTAL AREA: | POPULATION | LANGUAGE(S): |
---|---|---|---|
Lisbon | 92,212 km² | 10.32 million | Portuguese |
CURRENCY: | EXCHANGE RATE: | GDP – PER CAPITA (2016): | GDP – TOTAL (2016): |
---|---|---|---|
Euro (EUR) | 1 USD = 0.86 EUR | USD 19,813 | USD 204.6 billion |
Portugal is a southern European country on the Iberian Peninsula, bordering Spain. Its location on the Atlantic Ocean has influenced many aspects of its culture: salt cod and grilled sardines are national dishes, the Algarve’s beaches are a major destination and much of the nation’s architecture dates to the 1500s–1800s, when Portugal had a powerful maritime empire.
Benefits of Portugal Residency
Protected by the government citizenship law
Immediate access to 26+ countries without visa
Obtain irrevocable citizenship and passport
Take full control of your and your family’s wealth
- Residency of a European Union member country.
- EU Residency in 45 days, citizenship after 6 years.
- Total freedom to move in the Schengen countries.
- Only 7 days visit a year in Portugal, one of the lowest of all EU countries.
- The possibility of investment in Fixed Deposit, Real Estate or a Business.
- No need to renounce your current citizenship(s).
- Ranked 4th best passport in the world for visa-free travel after UK and US but without 6 months annual residency requirements.
- The program is based on the law & is guaranteed by the government since 2007.
Visa-Free Countries for Portugal Residency
(Free Circulation within Schengen Area)
Austria
Belgium
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Slovakia
Slovenia
Spain
Sweden
Switzerland
(Visa-free and visa-on-arrival countries)
Albania
Andorra
Angola
Antigua and Barbuda
Argentina
Armenia
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Brunei
Bulgaria
Burkina Faso
Cambodia
Canada
Cape Verde
Chile
Colombia
Comoros
Costa Rica
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Estonia
Ethiopia
Fiji
Finland
France
Gabon
Georgia
Germany
Greece
Grenada
Guatemala
Guinea-Bissau
Guyana
Haiti
Honduras
Hungary
Iceland
India
Indonesia
Iran
Ireland
Israel
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liechtenstein
Lithuania
Luxembourg
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Malta
Marshall Islands
Mauritania
Mauritius
Mexico
Micronesia
Moldova
Monaco
Montenegro
Morocco
Mozambique
Myanmar
Namibia
Nepal
Netherlands
New Zealand
Nicaragua
Norway
Oman
Palau
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Qatar
Romania
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
São Tomé and Príncipe
Senegal
Serbia
Seychelles
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Korea
Spain
Sri Lanka
Suriname
Swaziland
Sweden
Switzerland
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States
Uruguay
Uzbekistan
Vanuatu
Vatican City
Venezuela
Zambia
Zimbabwe
Steps of Portugal Permanent Residency
Step 1
SA Consultants will pre-screen your passport copy for Government pre-approval. Down payment of Professional fees to open your application.
Step 2
SA Consultants will assist and advise you with the collection of the documents required in the checklist. SA Consultants will assist in the translation of documents to Portuguese and legalization of the documents at the Portuguese Consulate.
Step 3
The investor will then visit Portugal in order to make the necessary investment in real estate, fixed deposit or a business development. During this visit, the investor will visit Immigration services for the purposes of leaving fingerprints, pictures and biometric data.
Step 4
Once the investor returns to his home country, the funds required for the purchase of the property should be transferred to his/her bank account in Portugal.
Step 5
Once the purchase of the property is completed and the registration is done (which generally takes between 3 to 5 working days), the documents are submitted for the residency application together with the residency processing fees paid to Immigration Services.
Step 6
Once the residency application is submitted, the Immigration Services generally approve it within 3 to 4 weeks.
Step 7
After payment of the processing fee, the Immigration Services start processing the residency cards. This usually takes between 3 -4 weeks. Once the cards are issued, they will be sent by courier to SA Consultants.
Step 8
Visit Portugal for 1 week a year for 5 years to fulfil the residency requirement.
Costs of Portugal Permanent Residency
In July 2015, through Act 63/2015 and Regulatory Decree 15-A/2015, the options for required investment were revised and new ones were added.
1) Property purchase
a) Acquisition of one or multiple properties
b) Acquisition of one or multiple properties older than 30 years or located in areas of urban regeneration. The value includes both the property and investment in the refurbishment works.
c) There is an option for purchasing a plot area between 1,143 sqm and 2,332 sqm, and maximum construction area of 344 sum.
* Investment amount may be reduced by 20% for both options in case such investment is made in low-density population areas
Additional fees
In addition to the purchase of real estate, there are additional purchase fees to be paid:
*6.5% for non-habitational purposes
On-going costs during period of EU Permanent Residency (SEF Authorities):
ARI Permanent Residency card (Per Family Member)
ARI Permanent Residency 60-84 months.
SA Consultants professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A full-itemized quotation with no hidden costs is provided.