Portugal is one of the globalized and most-peaceful nations in this world due to its rich heritage, delicious cuisine, pristine beaches, and vibrant culture. The nation ranks high on the Human development index due to its security level. The Portugal citizenship by investment was launched to bring more foreign investment and boost their economy further. The program is also known as Portugal golden visa program. Portugal citizenship by investment denotes a five-year residency by investment package exclusively designed for non-European nationals.
Portugal
Portugal's citizenship grants the right to work, settle, and study in all the European countries. Moreover, it allows visa-free or visa-on-arrival access to almost 187 destinations in the world. Usually, Portuguese citizenship is acquired by the descendants of Portuguese parents or grandparents.
In the year 2012, Portugal launched its Golden visa program that offers non-European investors a fast track to obtain a valid residency permit. Initially, it’s valid for one year and renewable twice after 2 year intervals. Here, applicants or their families obtain the second passport by applying for Portuguese citizenship after 6 years of permanent residency. This passport is valuable because of the country’s rich heritage and ease of traveling. Hence, Portugal citizenship by investment is popular in UAE and around the world.
When it comes to citizenship by investment, Portugal has a fast growing economy due to the rise in industrial production, and more factors. More entrepreneurs consider Portugal citizenship because of its tremendous growth. The nation provides free and compulsory education from six to fifteen, where you receive a certificate after completing the education.
The Portugal golden resident program is done in accordance with the Ministry of foreign affairs through the Portuguese trade and investment agency as well as the Department of consular affairs. The program continues to attract non-European investors providing them a residency permit.
The citizens of Portugal can travel with visa-on-arrival or visa-free to over 187 countries in the world including territories of the USA, Singapore, Hong Kong, and the European Union.
If you fulfill the minimum requirements, you’re the eligible candidate to apply for Portuguese citizenship by investment after 5 years of residency.
The country has the most advanced healthcare system where you can enjoy world-class treatment. Additionally, you could find the most popular schools and universities across Portugal.
You need a minimum stay of 7 days in Portugal that counts towards citizenship eligibility after 5 years.
With an excellent education system and healthcare facilities, Portugal provides excellent quality of life. Moreover, enjoy low living cost compared to other countries.
The timeframe required to complete the process is 6 months. The document collection time may differ depending on the applicant’s ability to collect all the relevant documents. Here, we can guide you with samples and advice.
The review stage is subject to the government schedule, the time may differ based on certain factors. We collaborate with the government and speed up the process. We ensure a quick and smooth experience for our applicants.
As per the legal law – order n.1661-A/2013 Act n.29/2012 of August 9, amending Act n.23/2007 of July 4 lay down the legal framework for entry, permanence and exit of foreigners from the country, the law provides a new legal resident status to conduct the investment activities.
As per the amendment, it allows shortened residency requirements of just 7 days per 5 years, at the end the applicant can apply for citizenship.