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Posted on November 24 2021

Get the updates, make the move with Golden Visa to migrate to Portugal

By  Editor
Updated May 25 2023

Do you know about Portugal’s Golden Visa program? It’s a program that enables you to migrate to Portugal as an investor.

The Portugal Golden Visa program

It’s an immigration program for non-EU investors launched in 2012. The program helps you and your family (including dependent children) to get a residency permit if you can invest €500,000 in real estate in Portugal. There are other options for making investments under this program.

The Golden Visa can be renewed every 2 years. To be eligible for renewal, you have to spend at least 2 weeks in Portugal in those 2 years.

Latest changes to the Portugal Golden Visa Program

The latest changes announced will be applicable from January 1, 2022.

  • Lisbon, Algarve, and Porto will be eliminated from the list of territories where you are eligible to buy houses and apartments.
  • Minimum values for investment in investment funds will increase from €350,000 to €500,000.
  • The capital transfer will be increased from €1 million to €1.5 million.
  • Capital transfer for research activities will increase from €350,000 to €500,000.
  • Those investors interested in incorporating a commercial company or reinforcing the share of a commercial company will have to make an investment of €500,000 in the place of €350,000. They will also have to create at least 5 jobs in Portugal.

Why is Portugal Golden Visa so popular?

  • It requires you to spend just 7 days a year in Portugal to keep it valid.
  • It offers you a range of investments that are relatively affordable.
  • It helps you become a Portuguese citizen after 5 years of holding the visa.
  • It enables you to have visa-free access to Schengen states.
  • It comes with all goodies featured by Portugal as a country like being safe, affordable, and secure. The country also offers a high quality of life as well as an efficient healthcare and education system, great climate, and top-class infrastructure.

If you are looking to Study, Work, Visit, Invest, or Migrate to Portugal, talk to Y-Axis, the World’s No.1 immigration & visa company.

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