Citizenship By Investment (Portugal)

Golden Visa Portugal Through Property Investment

The Portugal Golden Visa program has proven to be the most popular scheme in Europe with investors attracted to its flexibility and benefits. Launched in 2012 the investor visa program has been actively promoted internationally attracting over one thousand main applicants each year. An investment of €500,000 (€280,000 or €350,000 reduced option) in real estate in Portugal 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 the country every two years.

One of the most attractive options of the Portuguese Golden Visa is the ability to apply for permanent residency or citizenship after five years without the need to reside in Portugal full time. The applicant and their family need only visit for two weeks every two years in order to renew the Portuguese Golden Visa through this period. Read more on the path to Portuguese Citizenship.

The Portuguese residency card granted through the golden visa programme allows the holder to travel throughout the EU Schengen zone. Citizenship of Portugal and a second passport conveys the right to live, work and study anywhere in the European Union. 

The property market in Portugal like many southern European countries suffered with the credit crisis in 2010-2012 and prices in 2015 were still typically 20% – 30% below their 2007 peak. Since then the market has recovered strongly with average price rises of 7.5% a year through to 2020. In 2021 prices grew a further 11.6%. Despite the rise in property values, Lisbon remains one of the most affordable cities in western Europe in which to buy real estate. Outside the capital, where many Golden Visa projects are now being built, property is even more affordable.

Reduced €280,000 And €350,000 Investment Option

The most common option since the rule changes is to apply for the golden visa through a reduced investment of €280,000 and €350,000 into real estate requiring renovation. Such projects have to meet geographic location and development rules in order to qualify. It is critical to ensure the right project and legal advice is obtained before embarking on such investment. Our Organisation has experience of many applications and projects for the reduced initiative since its introduction.

  • Anyone with a valid Schengen visa or Portuguese visa can apply. Residency applications have to be made within 90 days of entry into Portugal.

  • Shareholders of companies already set up in Portugal, or in another EU State, with a stable residence in Portugal and with tax obligations fulfilled.

  • Applicants must not have a criminal record.

  • Applicants must not be subject of an entry ban in their home country.

  • Applicants must not be subject of alerts in the Schengen Information System.

  • Applicants must not be subject of alerts in SEF’s Information Integrated System issued for purposes of non-admission.

  • Several investment options

  • Full family residency

  • Very flexible residency requirements and reduced stay requirements

  • Permanent Residency after 5 years

  • Citizenship after 6 years. Dual citizenship permitted.

  • EU Schengen visa free travel and right to live, work, and study in Portugal

  • Attractive taxation system.


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