Located in South Europe, Portugal enjoys very pleasant Mediteranean climate all year round. With delicious food, history, culture, friendly people and unique architectural style, this country also thrives on their vibrant tourism. This country ranks as the 17th safest country in the world. Although the official language is Portuguese and Mirandese, English is widely spoken in the country. It’s not surprising that Portugal residence permit is one of our most popular program.
Portugal is part of EU member, hence holding its residence permit entitles a free travel within member of EU countries and country with special agreement with the EU.
As of 2021, Portugal was ranked 3rd by World Index of Healthcare Innovation for patient care and medical services, holder of Portugal residence permit automatically get to enjoy this benefit too.
Once participating in the Portugal Residency by Investment Program, investors are eligible to receive a non-habitual resident status. This status is available for ten years, all income earned outside Portugal is tax free.
RESIDENCE PERMIT
AT A GLANCE
Investment from
EUR 250,000
Processing time
8-10 months
Physically Residing in the country
Min. 7 days in the first year, subsequently 14 days out of 2 years
Time to Citizenship
5 years
Residence Tax
NIL on foreign income for 10 years. Domestic income is taxed at 20%.
Visa Free Destination for Citizen
188 countries
Benefits
- Visa free travel within Schengen countries without additional visa and spend up to 90 days per visit. Schengen countries include: Germany, Netherlands, Sweden, Greece, Italy, Belgium, Poland, Malta, Austria, Denmark, Switzerland, Hungary, Spain, Lithuania, Slovakia, Finland, Norway, France, Latvia, Luxembourg, Estonia, Iceland, Slovenia.
- The right to obtain residence permit for immediate family members with a single investment.
- Residents have the access to one of the world’s best healthcare and education system.
- The right to enter Portugal even when the country’s borders are closed and stay there without time limit.
- Politically stable
- Requires only 7 days minimum stay in the first year and 14 days of minimum stay out of 2 years subsequently in order to maintain the residency status.
- Chance to apply for citizenship after 5 years of legal residency (minimum stay of 183 days per year) in Portugal and travel to 188 countries visa free (as of 2023).
- Residency card is renewable every 2 years.