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Portugal Residence by Investment

This established EU country has a rapidly growing economy due to a combination of investor-friendly government policies, a booming real estate market, and a resurgent tourist industry.

NIMARIA is able to help you with the following Portugal Residence by Investment Programs:

Portugal is one of the oldest countries in Europe, has an excellent reputation, a very high Human Development Index ranking, and a high level of security, making it one of the world’s most globalized and peaceful nations. Portugal is a member of the EU and Europe’s Schengen Area and has been using the euro as its currency since 2002. Portuguese is the official language, but English is also widely spoken, particularly by younger generations and especially in the tourist regions.

While Portugal is shifting towards offering business-oriented services, a third of its economy remains in manufacturing. It is also the world’s largest supplier of cork and enjoys the benefits of a strong tourism industry. With little of its own hydrocarbon energy resources, Portugal is committed to creating renewable sources of energy such as hydro, wind, and solar power. Over 40% of the energy created in Portugal is from such resources, including the most efficient wind tower in the world.

Benefits

  • Visa-free travel within Europe’s Schengen Area
  • Eligibility to apply for citizenship after five years as a legal resident while keeping other citizenships
  • Excellent international and Portuguese schools and universities
  • International quality health care clinics and hospitals
  • High quality of life and low crime rate

Portugal Golden Visa

The applicants must fulfill one of the available investment options and also meet the following criteria:

  • Invest in one of the available investment options with funds originating from abroad;
  • Have no criminal record;
  • Fulfill the minimum stay requirements (7 days for the first year, 14 days for subsequent 2-year periods).
  • The first-time entry into Portugal should be on Schengen visa;
  • The applicant's name must not be included on the list of persons whose property is ordered to be frozen within the boundaries of the EU;
  • Must pay the applicable processing and due diligence fees.

Golden Visa Investment Options

As of July 2015, the investors and applicants were given the option to choose from any of the following options:

  • Acquisition of property for a total value equal to or above €500,000
  • Acquisition of property for a total value equal to or above €350,000 for properties more than 30 years old or located in urban regeneration areas designated for refurbishing, or
  • Acquisition of property fitting any of the above requirements with a 20% reduction on the minimum amount of investment, if purchased in a low-density population area (€280,000 or €400,000}

Property Investment Options

Either by investing in a property with residential purposes or by becoming a co-owner of big-dimensioned projects for refurbishment, NIMARIA ensures:

  • Guaranteed annual rental return from inception of the investment or from the time refurbished is completed, where applicable;
  • Extensive exit strategy;
  • 100% funds return guarantee after obtaining permanent residency or citizenship when this option is offered by developer
  • 7 days' accommodation per year

Golden Visa Process

The following 7 steps easily break down the process of application submission. Each step must be completed before moving on to the next one:

  1. Visit the embassy of Portugal to attest the required list of documents or visit Portugal ahead.
  2. Transfer of investment amount and applicable fees. All due diligence and applicable fees should be paid at this step.
  3. Submission of investment-related documents and payment for Golden Visa application online (done by law firm through Power of Attorney).
  4. Travel to Portugal for 2 business days to collect biometric data.
  5. Application approval and payment of temporary permit granting fees (done by law firm through Power of Attorney).
  6. Application for permanent residence after completing 5 years as a temporary resident.
  7. Application for citizenship of Portugal can be lodged after having met all the requirements.

Portugal Highly Qualified Activity (HQA) Visa

Co-created with government authorities, the Portugal Highly Qualified Activity (Start Up) Visa is designed specifically for accomplished transnational business professionals.

With freedom to travel as needed and priority visa processing, business executives can launch an innovative R&D driven venture in Portugal, within the care of Empowered Startup’s transnational incubation program.

  • Payment of EUR 185,000
  • 3 years concierge incubation services
  • Your own EU company and bank account, with credit history
  • Clear path to eligibility for permanent residency or citizenship

Through partnerships with key actors, including public bodies and top tier research facilities, with help of our partner we can accelerate and incubate innovative international business ideas. We work with driven entrepreneurial professionals to create outstanding start-ups with the potential to grow from concept to success in 3 to 5 countries within 5 years, launched from a strong base in Portugal.

The start up ecosystem in Portugal is a high-potential marketplace driven by keen collaborators. The climate is business-friendly, knowledge workers are readily available, and key actors are committed to success. As a gateway to continental Europe, with strong ties to Asia, Africa and South America, it is a smart launch pad for businesses with the potential for international expansion.

HQA Visa Process - 3 Clear Steps

  1. Meet with Program Intake Committee via videoconference to discuss your success metrics for your innovative EU start up
  2. Secure your Highly Qualified Activity residency visa
  3. Enjoy your options and provide strategic direction to your venture’s development

Portugal D7 Visa

The D7 Visa, most commonly known as the Retirement Visa or Passive Income Visa was introduced in 2007 by the Portuguese Government. This Visa allows non-EU/EEA/Swiss citizens to apply for temporary residency in Portugal, conditioned on the applicant being in receipt of a reasonable and regular passive income.

Benefits

  • Permission to live, work and/or study in Portugal
  • Applicant can extend process for children and parents
  • Non Visa dependant travel in the Schengen Area
  • The opportunity to either establish a business or accept an employment in Portugal
  • Eventually take advantage of the tax benefits when applying for either the Non-Habitual Residency Scheme
  • After a period of 5 years in which a renewal of visa applications has been followed, the applicant is eligible to qualify for a permanent residency or Portuguese citizenship
  • Resident rights in Portugal, which include healthcare and education

Qualification Criteria and Requirements

  • Are a Non-Eu/EEA/Swiss Citizen
  • Proof of funds to be financially self sustaining during stay in Portugal
  • A clean criminal record
  • Proof of a residency address in Portugal
  • Spend a minimum of 16 months in Portugal within the first 2 year period of application

Passive Income Requirements

  • Proof of a regular passive income, derived from either a pension, rentals, dividend or financial investments
  • There are minimum income requirements. However these are dependant on the number of dependents included in the
  • application. The applicant must show proof of a minimum passive income of €8,460 per year (+50% for a spouse and +30% for a child)
  • It is advisable that the applicant hold an amount equal to as 12 months income in a Portuguese bank account

Our clients rely on us for advice on international residence and citizenship matters.

To see how the combined expertise and global reach of our specialists could also work for you, please Contact Us for further information or to arrange a private consultation.