PORTUGAL
THE GOLDEN RESIDENCE PERMIT PROGRAM (Residency by Investment)
Immigration Policy
The GRP Program came into effect in 2012 and has since been revised in 2015. Under the program, an applicant can apply by purchasing real estate property worth at least €500,000 and remain invested for a period of at least five years. Qualifying properties can be residential, commercial, industrial, or agricultural land. The applicant retains full permanent ownership and all of the rights therein.
Application Requirements
Aged 18 years and above
Non-EU and non-EEA (European Economic Area) citizen
Purchase personal health insurance
No criminal history
Purchase a property worth at least €500,000
Main Applicant:
The legal spouse of the main applicant
Children under 18 years of age
Children above 18 years of age who are unmarried, studying, and financially dependent on the main applicant
Dependant parents of the applicant or of their spouse
Minor siblings under the custody of the applicant
Dependant Applicants:
Residence Requirements
The Golden Residence Permit is valid for a period of one year after issue and renewable every two years. (1+2+2).
A minimum stay of seven days is required during the first year, and 14 days during the subsequent two-year periods. (7+14+14)
Eligible to apply for permanent residency after holding the residence card for 5 years.
Eligible to apply for Portuguese naturalization after holding Golden Residence Permit card for 6 years.
Advantages of the Program
Application process is simple and fast.
Migration includes three family generations on a single application.
Source of funds not required to be disclosed.
There is no requirement as to age limit, or business background, or educational background, or language.
Can work or run a business.
Property rights are held for life and can be sold after 5 years, i.e. as soon as permanent residence status is established.
Real estate can be rented out to generate stable income.
Free and easy access to 26 Schengen countries.
Can enjoy Portugal's public welfare benefits, including 12 years of free compulsory education.
No global asset taxes.
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About Us
The association of two established businesses, one with immense local experience and a first-class reputation with established local offices and licensing,
the other with expertise in Offshore financial services and products and access to the largest product providers and asset managers in the Offshore space.
