Golden Visa Portugal: Investment-Based Residency Explained

The Portuguese Golden Visa is one of Europe’s most attractive investment immigration programs. It allows non-EU citizens to obtain residency in Portugal through qualifying investments—with the right to live, work, study, and eventually gain Portuguese citizenship.

⚠️ Important Update: The real estate route is no longer available under the Golden Visa. However, other options—like investment funds and job creation—remain valid.

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🇵🇹 What is the Portugal Golden Visa?

Launched in 2012, the Golden Visa (ARI – Autorização de Residência para Investimento) provides a fast-track to residency for foreign investors who contribute to the Portuguese economy.

Key features:

✅ 5-year residence permit
✅ Path to permanent residency and citizenship
✅ Minimal stay requirements (7 days/year)
✅ Includes spouse, children, and dependent parents

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💸 Investment Options That Still Qualify (Post-Real Estate)

Here are the current legal ways to qualify for a Golden Visa in Portugal:

1. 💼 Venture Capital or Investment Fund

Minimum: €500,000
Criteria: Invest in a Portuguese-regulated private equity or venture capital fund supporting local businesses.

✅ Most popular path post-2023
🔗 Must hold for 5 years

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2. 🧪 Scientific Research

Minimum: €500,000
Criteria: Fund public or private scientific research projects in Portugal (e.g., biotech, renewable energy).

✅ Supports innovation
🔗 Requires documentation from recognized institutions

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3. 🎭 Cultural Heritage Support

Minimum: €250,000
Criteria: Donate to national heritage restoration or cultural arts projects.

✅ Lowest-cost option
🔗 Ideal for philanthropic investors

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4. 🏢 Company Creation & Job Generation

Minimum: Create 10+ jobs
Alternative: Invest €500,000 and create 5+ jobs in a Portuguese company

✅ Strong entrepreneurial route
🔗 Must maintain employment levels for 3+ years

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👨‍👩‍👧 Family Reunification

Golden Visa holders can include:

• Spouse or legal partner

• Children (under 18 or dependent students)

• Dependent parents or in-laws

All family members receive residency cards and access to education, healthcare, and eventual citizenship.

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📅 Timeline & Process

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⏳ Minimum Stay Requirement

You only need to spend:

• 7 days/year in Portugal

• Or 14 days every 2 years

This makes the Golden Visa one of the most flexible residency options in Europe.

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🛂 Path to Citizenship

After 5 years:

• You can apply for permanent residency or Portuguese citizenship

• You must pass a basic A2-level Portuguese language test

• Dual citizenship is allowed in Portugal

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❌ What Is No Longer Eligible?

As of the most recent legal changes:

• 🚫 Real estate investment (both residential and commercial)

• 🚫 Capital transfer of €1.5M+

• 🚫 Real estate rehabilitation projects

These routes were eliminated to help rebalance the housing market.

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🧠 Common Questions

Do I need to live in Portugal full-time?

No. The minimum stay is just 7 days per year.

Can I work in Portugal with a Golden Visa?

Yes, you have full work and business rights.

Does the investment need to be upfront?

Yes, investment proof is required before submitting your visa application.

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🧭 Why Work With Borderless Lawyers?

We make your journey seamless:

✅ Investment eligibility analysis
✅ Document translation & legalization
✅ Fund due diligence
✅ Application submission & biometric scheduling
✅ Family reunification
✅ Renewals and citizenship filing

Whether you’re investing in funds or creating jobs, our immigration lawyers and partners help you protect your capital and secure your future in Portugal.

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✨ Golden Visa Portugal at a Glance

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📞 Start Your Golden Visa Journey

Let Borderless Lawyers guide you through the only investment paths that still work. Schedule a consultation and take the first step toward European residency—backed by legal experts.