PORTUGAL
INTRODUCTION
Officially known as the Portuguese Republic, the country is positioned in the Southwestern mainland Europe and an enviable breathtaking Iberian Peninsula. Its Mediterranean climate suits almost everyone.
Huge shifts in economies are pushing the country to focus more on the export sector and private investments, as these business areas need more focus from investors as compared with traditional industries such as footwear, clothing, and textiles.
Being one of the oldest civilized nations in Europe, Portugal is considered the most popular tourist destination, offers a suitable Mediterranean climate, beautiful beaches, lively culture, lavish cuisine, marvelous beaches, and idyllic countryside.
OVERVIEW
The key Residency by Investment Requirements
The Golden Residence Permit Program is a five-year residency program where the applicant is required to spend seven days in Portugal, and this period will count towards citizenship eligibility after five years.
Option 1
An acquisition of EUR 350,000 for the venture capital funds.
Option 2
Purchase €500,000 in a real estate property anywhere in Portugal.
Option 3
Purchase €350,000 in real estate more than 30 years old or located in urban regeneration areas.
Option 4
Purchase €280,000 in real estate more than 30 years old or located in rural regeneration areas.
Portugal Residency Advantages & Eligibility Criteria
Portugal Residency Advantages
Eligibility Criteria
Process of Application with APEX IRC
Step 1 – Passport Pre-Screening by APEX IRC
The first step is the pre-screening of the applicant’s passport copy to get Government approval. Also, a down Payment of Professional fees is required to open your application. APEX IRC assists you at each and every step.
Step 2 – Checklist for Portugal Visa Application
APEX IRC will collect all the documents required according to the Government checklist. APEX IRC will assist in the translation of all the documents into the Portuguese language and submission of documents to the Portuguese Consulate.
Step 3 – Apply for an entry visa
The applicant can visit Portugal in order to carry out the real estate investment, fixed deposit, or any business investment. Investor/Applicant will record fingerprints, pictures, and biometric data to the Immigration services on his visit.
Step 4 – Property Purchase Documentation
After returning back to their home, the applicant is required to transfer funds for the purchase of the property in the respective bank account in Portugal.
Step 5 – Submission of Application
After the process of purchasing and registry of property is completed (roughly takes 3-4 days), APEX IRC will submit all the documents and residency processing fees paid to Immigration Services.
Step 6 – Receiving Approval letter
After the submission of the residency application, APEX IRC collaborates with the Immigration Services to get it approved within 3 to 4 weeks.
Step 7 – Property Purchase Documentation and Funds Transfer
After the successful payment of the residency fees, the Immigration Services start processing the residency cards, usually taking 3 -4 weeks to complete.
Step 8 – Travel for Passport Stamp
Residency for Portugal is granted. The final step is to visit Portugal for a week in a year or five years to fulfill the requirement.
Contact Us
Ready to take the next step? Contact Apex IRC for a personalized consultation and let us guide you through your global journey.
Office Location
Apex Immigration Consultants (Apex IRC)
6th Floor, Meydan Racecourse Grandstand, Nad Al Sheba, Dubai UAE.
+971 50 864 6550
info@apexirc.com