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Portugal Residence Permit For Investment Activity
Residency | Access To Schengen Area
The Portugal ARI Golden Residency was launched on 8 October 2012. The programme framework is regulated under Law 23/2007 of 4 July; Law 29/2012 of 9 August; Law 63/2015 of 30 June; and Regulatory Decree 15-A/2015 of 2 September.
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Mobility
Access to Schengen Area
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Minimum Capital Outlay
€ 250,000
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Application Processing Time
~ 5 Months
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Physical Presence
Physical presence in Portugal for a period of 7 or more days in the first year, and 14 or more days in following years.
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Qualifying Criteria
Investment required in, Capital Investment, Investment Project or Real Estate
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Pre-requisites
Main applicant must be at least 18 years of age;
EU and EEA nationals are not eligible;
Absence of any debts owed to Portuguese Tax Authorities and the Portuguese Social Security;
PORTUGAL
Portugal is in the southwestern part of Europe, and has a population of approximately 10 million. Its capital is Lisbon, and the official language spoken is Portuguese. Portuguese is spoken by over 220 million worldwide. Portugal uses the Euro as its currency.
Portugal is known to have the warmest winters in continental Europe. Portugal’s economy has rapidly expended in the last decade to reach parity with the other European nations. The quality of its labour has attracted many companies to its shores due to the relatively low wages. Lisbon has become a growing power in the start-up ecosystem.
Portugal has become a gateway to Europe for many around the world, especially Brazilians. The favourable tax regime has been key to attracting flocks of foreign investors to Portugal.
Benefits
The Portugal Residence by investment program provides applicants with temporary residence in Portugal for a cumulative period of 5 years. After 5 years of temporary residence, applicants may be able to apply for permanent residence or Citizenship.
Portugal offers a great standard of living and some of the best weather in Europe. The cost of living in Lisbon is rather low compared to other European capitals. You will also be able to add your parents as dependents on your application.
Portugal offers foreign residents the possibility of registering as non-domiciled. As a non-domiciled, you are not liable to pay taxes on income generated outside of Portugal.
COMMITTMENT
To apply for residence through the Portugal Residence By Investment program, one of the following commitments is required and needs to be maintained for 5 years:
Real estate purchases valued at EUR 280,000 or more; or
EUR 250,000 for investing in artistic output; or
EUR 350,000 to be used in activities conducted by scientific researchers; or
EUR 500,000 to be used to purchase shares in investment funds or as venture capital; or
Create 10 jobs;
Government-related administrative fees are approximately EUR 5,802 for a single main applicant, EUR 5,274.40 for every adult dependent, and EUR 2637.20 for minor dependents.
The permit will need to be renewed twice during the 5-year period. Renewal fees are EUR 2637.20 for adults and EUR 1,318.60 for minors.
This means that the total capital outlay for a single applicant would amount to approximately EUR 255,802. This indicative amount excludes service providers’ professional fees and any other fees not stated herein.
Our Process
1. Qualify
The CIVIQUO™ process starts by filling in our qualification questionnaire. The questionnaire is a simple online form which helps us to gather all your requirements, whilst ensuring that the essential criteria are met.
2. Receive Quotes
Our team will use the information you provide to find the best quotes in the market for you. Our growing international network of immigration professionals, means that we can provide the best quotes in the market, for any residency or citizenship programme, anywhere in the world.
3. Confirm
We will send you the quotes and once you have identified a quote which best suits your needs, our team will reconfirm expectations on both sides, a client agreement is signed, and a deposit payment is made.
4. Application Process
Your chosen service provider, will work with you to start compiling the application. Our concierge-style support will ensure that the process of compiling the application is as smooth as possible.
5. Outcome
Once an application has been submitted, the government authorities review the application and communicate the outcome. This period of time varies depending upon the programme, but it may be used to further explore what opportunities will become available once residency or citizenship are attained.
6. Renewal & Support
Some residency and citizenship programmes require compliance monitoring, and/or renewals, and together with our service providers, we will make sure that any renewals, or other interventions are done on time, and accurately. Even after this, the CIVIQUO™ team remains at your service.
