Portuguese Golden Residence Programme
“Citizenship by property investment”
The Portuguese golden residence programme is a property investment route to gaining residency and citizenship in Portugal, and hence European citizenship. It was launched by the Portuguese government in 2012 to encourage investment into Portugal and has since generated many billions of Euros in property investment and applications each year.
This attractive programme gives the ability to apply for permanent residency after 5 years and citizenship after 6 years, without the need to reside in Portugal. The applicant and family need only visit for two weeks every two years in order to renew a Golden Visa. In Portugal, citizenship can be granted without the applicant having resided in the country. Citizenship of Portugal and a second passport conveys the right to live, work and study anywhere in the European Union. The Portuguese residency card, granted through the golden visa programme, allows the holder to travel throughout the EU Schengen zone.
Property Investors come from various walks of life and are attracted to the programme’s excellent flexibility and unique benefits. An investment of €500,000 in Madeira will gain a residency permit for a family, including dependent children. The golden visa can be renewed every two years providing the applicant spends two weeks in Madeira every two years.
- Investment of €500,000
- Full family residency
- Complete flexibility means no requirement to reside
- Permanent residency from 5 years
- Citizenship from 6 years
- EU Schengen visa travel
Portugal’s golden residence programme offers complete flexibility.
Once citizenship has been attained in Portugal, the citizen is free to dispose of the original investment.