Portugal

Portugal, officially known as The Portuguese Republic, is located in southern Europe and covers an area of 92,212 square kilometers. Situated on the southwestern part of the Iberian Peninsula, it shares its borders with Spain to the north and east, while the Atlantic Ocean stretches along its western and southern shores. Portugal’s climate is marked by mild winters and delightful summers, although regional variations exist.

Celebrated as one of the world’s most globally connected and peaceful nations, Portugal is also renowned for its exceptional quality of life and a remarkably high Human Development Index ranking. It stands as one of Europe’s oldest nations with a history steeped in tradition and culture. The country offers a delectable culinary experience, breathtaking beaches, and scenic countryside, making it an ideal destination for travelers looking for a diverse and enriching experience.

Country Highlights

Capital

Lisbon

Population

10.33 million (2021)

Language

Portuguese

Currency

Euro

Exchange Rate

1 USD = 0.92 €

Government Type

Parliamentary democracy

Global Ranking

4th

Time to Citizenship

Minimum of 18 months

Minimum Investment

€ 500,000

Type of Investment

Real estate

Visa-free Countries

Permanent Residency 

Austria
Belgium
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Slovakia
Slovenia
Spain
Sweden
Switzerland

Citizenship

Albania
Andorra
Angola
Antigua and Barbuda
Argentina
Armenia
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Brunei
Bulgaria
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Cambodia
Canada
Cape Verde
Chile
Colombia
Comoros
Costa Rica
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Estonia
Ethiopia
Fiji
Finland
France
Gabon
Georgia
Germany
Greece
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Guatemala
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Haiti
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Hungary
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India
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Iran
Ireland
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Italy
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Japan
Jordan
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Kenya
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Netherlands
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Nicaragua
Norway
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Paraguay
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Philippines
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Romania
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Saint Kitts and Nevis
Saint Lucia
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Samoa
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Serbia
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Turkey
Tuvalu
Uganda
Ukraine
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United Kingdom
United States
Uruguay
Uzbekistan
Vanuatu
Vatican City
Venezuela
Zambia
Zimbabwe

Benefits

  • Enjoy visa-free travel to EU and Schengen countries
  • The right to reside, work, and study in Portugal
  • Opportunity to seek citizenship after five years as a legal resident
  • Dual nationality is permitted
  • Minimal physical presence criteria (seven days during the first year of residence and 14 days for the two subsequent years, which can count towards citizenship eligibility after five years)
  • Excellent quality of life, enriched by local cuisine, renowned wines, a vibrant culture, temperate climate, and a strong level of security
  • A world-class education system (including schools and universities)
  • Top-tier healthcare clinics and hospitals

Required Documentation/Paperwork

  • Certified copy of full birth certificate
  • Six (6) passport- sized, color photos of yourself taken within the last six months (Approximately 35 x 45 mm in size, of good quality color and on high quality paper)
  • Certified copy of your current passport(s)Certified copy of full birth certificate
  • Bank reference letter is sued by an internationally recognized bank valid within the last six months immediately preceding the submission of the application.
  • Due Diligence (Police certificate from country of birth, and from any other country in which you have resided for a period of at least one year during the ten (10) year immediately preceding the submission of the application for citizenship by investment. • The police certificate should be no more than six months old. *In the event that you are unable to obtain a police certificate, please provide an explanation here. Police certificates are NOT required for qualifying dependents below the age of 16).
  • Certified copy of marriage record or marriage certificate (s) (if applicable). *You must submit for the principal applicant and the spouse.
  • Certified copy of divorce decree (if applicable) *You must submit for the principal applicant and spouse.
  • One (1) document of proof of residential address valid within the last three months immediately preceding the submission of the application. *Examples of proof of residential address include: Certified copy of a recent utility bill OR Bank statement showing full name and address. (Certified copy / Original).
  • Professional reference (e.g. from an attorney, chartered accountant or other professional of similar standing) valid within the last six months immediately preceding the submission of the applications.

Eligibility Criteria

Golden Visa Residency criteria:

    • 18+ years of age
    • Applicant must not be an EU national
    • Stay an average of seven days a year in Portugal over the five-year period
    • Make an eligible investment in Portugal under the Portugal Golden Visa program, with funds from outside of Portugal

Steps

  • Step 1: AZUR CBI commences the process by pre-screening your passport copy for government pre-approval. A down payment of the professional fees is required to open your application. AZUR CBI will assist and guide you in collecting the necessary documents from the checklist.
  • Step 2: The applicant must apply for an entry visa to the Portuguese consulate authority in their country of origin.
  • Step 3: AZUR CBI will assist you in finding a Portuguese property that meets your requirements and will start preparing the necessary property purchase documentation for your residency application.
  • Step 4: The applicants must travel to Portugal to have their passports stamped before submitting the residency application.
  • Step 5: AZUR CBI will prepare property purchase documents to complete the purchase. Meanwhile, property purchase funds and taxes will need to be transferred.
  • Step 6: The application is then submitted to the relevant government department.

Costs

The purchase of real estate in Portugal requires a minimum investment of €250,000. These properties can be sold after five years with the money returned, provided that another property valued at €250,000 or more is purchased.

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