General program requirements

From 1 January 2022, investment options for the Portugal Golden Visa include:

Capital transfer

€1.5 million in a Portuguese bank account or specifically approved investment options.

€500,000 for research activities of public or private entities that are part of the national scientific and technological system.

€500,000 for the acquisition of units of investment funds or venture capital funds of companies incorporated under the Portuguese law.

€250,000 in support of artistic production or in the recovery or maintenance of national cultural heritage.

Property acquisition

€500,000(or €400,000*) investment in real estate.

€350,000 (or €280,000*) investment in real estate for the purpose of refurbishing properties older than 30 years or in an area of urban regeneration, including the cost of renovations.

Business investment

Creation of at least 10 new jobs*

€500,000 for the incorporation or increase of the share capital of a company that is registered in Portugal, creating or maintaining a minimum of five permanent jobs for a period of three years.

*The threshold is reduced by 20% should the funds be committed to a low population density area, defined as less than 100 inhabitants per km² or with a GDP per capita below 75% of the national average.

Program benefits

• Freedom of movement (but not settlement) within Schengen;
• Path to Citizenship;
• Minimal physical presence requirements;
• Permits dual/multiple citizenship;
• Ability to include three or more generations of family members in the application;
• Lower cost of living;
• Safety and security;
• Warm climate;
• Enhanced business access to large economies;

Requirements to qualify for citizenship

After the completion of the fifth year of residency an investor may apply for permanent residency. After the investor receives permanent residency, he can immediately apply for citizenship. To obtain citizenship, the applicant must pass a language test. All investments need to be maintained until receiving permanent residence.

Applications for this program may be directed to:

Portugal Borders and Immigration Service (SEF) 

Legislation upon which this program is based:

ARTICLE 90-A, PARAGRAPH 2 OF THE ALIENS ACT, IN CONJUNCTION WITH ARTICLE 63, PARAGRAPHS 1 AND 3 AND 65-E OF THE REGULATORY DECREE N.84/07 OF 05/11

See more statistics on this and other programs in the IMI Data Center.