Portugal Residency by Investment: An Alternative to Other European Programs

Posted by Fatima on April 25th, 2023

Portugal is becoming an increasingly popular destination for foreigners seeking residency in Europe. The country offers a range of investment opportunities that can lead to residency, including the popular Portugal Residency by Investment program. In this guide, we will discuss the benefits of Portugal's Residency by Investment program and how it compares to other European residency programs.

What is Portugal Residency by Investment?

Portugal Residency by Investment is a program that allows non-EU citizens to obtain residency in Portugal by investing in the country. The program was launched in 2012 and has been popular among foreign investors ever since. The program requires applicants to make a qualifying investment, such as purchasing real estate or making a capital transfer, in exchange for residency in Portugal.

Qualifying Investments for Portugal Residency by Investment

The Portugal Residency by Investment program offers several investment options that can lead to residency, including:

• Real Estate Investment: Applicants can invest in real estate with a minimum value of €500,000.

• Capital Transfer: Applicants can make a capital transfer of at least €1 million to a Portuguese bank account.

• Job Creation: Applicants can create at least 10 jobs in Portugal.

Benefits of Portugal Residency by Investment

The Portugal Residency by Investment program offers several benefits, including:

• Visa-free travel within the Schengen Area

• Residency in a stable and safe European country

• Opportunity to obtain Portuguese citizenship after five years of residency

• Access to high-quality healthcare and education systems

• Favorable tax policies, including the Non-Habitual Resident program

How Portugal Residency by Investment Compares to Other European Residency Programs?

The Portugal Residency by Investment program is a popular alternative to other European residency programs, such as those offered by Spain, Greece, and Malta. Here's how it compares:

Spain: Spain offers a similar program, but with higher investment requirements and a longer processing time.

Greece: Greece offers a lower investment requirement, but with stricter conditions, such as the requirement to reside in Greece for at least 183 days per year.

Malta: Malta offers a more expensive program, with a minimum investment of €1 million and a longer processing time.

How to Apply for Portugal Residency by Investment

To apply for Portugal Residency by Investment, applicants must meet the investment requirements and provide proof of their investment. The application process includes several steps, including the submission of a residency application and the investment transaction. It's recommended that applicants work with an experienced immigration lawyer to navigate the application process.

Conclusion

Portugal Residency by Investment is an attractive option for foreign investors seeking residency in Europe. The program offers several investment options, favorable tax policies, and a path to Portuguese citizenship. Compared to other European residency programs, Portugal's program offers a competitive investment requirement and processing time. With careful planning and guidance, investors can take advantage of Portugal's Residency by Investment program to obtain residency in Europe.