How to get Portuguese EU Passport-Citizenship by Investment via Portugal Golden Visa

The Portuguese passport is an internationally recognized travel document and was recently ranked as the sixth strongest passport in the world. According to the ranking, this represents the possibility of entering 187 destinations under the visa-free regime.

But, how can I get the Portuguese passport? We'll explain.

‍

How to get Portuguese Passport

To obtain a Portuguese passport, you must have Portuguese citizenship. The law in Portugal allows a Portuguese citizen to have other nationalities. Likewise, a foreign citizen does not need to give up his nationality to acquire the Portuguese. Therefore, under Portuguese law, you will be able to obtain a second passport.

There are several ways to obtain Portuguese EU Passport-citizenship. These options are:

• Being the son or grandson of a Portuguese citizen; 
• Through marriage with a Portuguese citizen;
• Reside in Portugal for 5 years;
• Making an investment in Portugal through the Golden Visa Program.

In this article we want to explore this last option, that is, explain how to get Portuguese EU Passport-Citizenship by Investment via Portugal Golden Visa.

How to get Portuguese Passport via Portugal Golden Visa

The Golden Visa in Portugal consists of making an investment for a total period of 5 years, with an initial duration of one year that can be renewed for two periods of two years. To obtain Portuguese nationality, you must maintain the investment for a total of 5 years. For this, a proof of maintenance of the investment will be requested.

At the end of the investment period (5 years) the holder of the Golden Visa can apply for Portuguese nationality and obtain his second passport.

The most popular investment under the Golden Visa in Portugal is the Real Estate Acquisition. This investment process has some bureaucracy, but with the right help, it's simple. In summary, the process is divided into a few steps:

1. Choose the investment you want to make – check investment opportunities here;
2. Make the investment;
3. Gather the necessary documents and submit the pre-application to SEF;
4. Interviewing with SEF in Portugal;
5. Wait for Golden Visa approval.

‍

When investing in Portugal real estate, you can choose into:

• Acquiring a property worth €500,000 or more (this value can be reduced to €400,000 if it is a low-density territory); or
• Acquire and rehabilitate on properties worth €350,000 or more (this value can be reduced to €280,000 if it is a low-density area).

In addition, within the category of investment in real estate acquisition, you must also decide on the type of property you want to invest in:

• Hotel & Touristic Apartments;
• Residential;
• Commercial. 

Each of these typologies has its own rules, mainly regarding the area of ​​the country where the investment can be made.

The interior of the country can receive investment in residential and commercial properties, while the remaining areas can only receive investment in commercial properties.

Portugal Golden Visa Advantages

In addition to being an opportunity to obtain a Portuguese passport, the golden visa in Portugal has other advantages that you will certainly like to know. Among many others, the ones we highlight are:

• You do not need to reside in Portugal; you should only visit the country for a period of 7 days per year;
• If you have children, they can study freely in the European Union;
• You can conduct business and work in Portugal and in the European Union;
• Obtain EU residency for the whole family;
• Generating stable passive income;
• Move freely through the Schengen Area;
• Combine the Golden Visa Program with the Non-Habitual Resident Statute, getting tax advantages.

Now that you know how to get Portuguese EU Passport-Citizenship by Investment via Portugal Golden Visa, don't waste time. Contact our consultants to start the process.