{"id":1371,"date":"2021-05-27T13:38:22","date_gmt":"2021-05-27T13:38:22","guid":{"rendered":"http:\/\/www.immigration-residency.eu\/blog\/?p=1371"},"modified":"2021-08-24T09:56:48","modified_gmt":"2021-08-24T09:56:48","slug":"portugal-golden-visa-pros-and-cons","status":"publish","type":"post","link":"http:\/\/www.immigration-residency.eu\/blog\/portugal-golden-visa-pros-and-cons\/","title":{"rendered":"Portugal Golden Visa: Pros and Cons"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/pedro-santos-dVtLtQ9RSGc-unsplash-1024x683.jpg\" alt=\"\" class=\"wp-image-1372\" srcset=\"http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/pedro-santos-dVtLtQ9RSGc-unsplash-1024x683.jpg 1024w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/pedro-santos-dVtLtQ9RSGc-unsplash-300x200.jpg 300w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/pedro-santos-dVtLtQ9RSGc-unsplash-768x512.jpg 768w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/pedro-santos-dVtLtQ9RSGc-unsplash-1536x1024.jpg 1536w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/pedro-santos-dVtLtQ9RSGc-unsplash-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-normal-font-size\">Since 2012, Portugal has been operating a \u201cgolden visa\u201d program &#8211; obtaining a residence permit in exchange for investment. For investors, this is an opportunity to obtain visa-free travel in Europe and a short path to EU citizenship in just 5 years.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">Portugal is a wonderful country to live in: with a good climate, incredible nature, a huge number of attractions, a high standard of living, quality education, and medicine.<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\">History of the residence permit by investment program<\/h2>\n\n\n\n<p class=\"has-normal-font-size\">The program has been operating since 2012 and for several years in a row has been considered one of the best in the world according to various ratings. Over the entire period, more than 9 thousand foreign investors have received a residence permit in Portugal.<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\">Conditions for obtaining a residence permit in Portugal<\/h2>\n\n\n\n<p class=\"has-normal-font-size\">The Portuguese program of obtaining a residence permit in exchange for investment is one of the most loyal in Europe. A residence permit can be obtained by both an investor and his family members &#8211; this opens up great opportunities for business, travel, education, and comfortable life in a stable country.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">Investors often see Portugal as a pleasant place to relax and live for the whole family.<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\">Investor requirements are standard for most European programs:&nbsp;<\/h2>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li><em>Age over 18;<\/em><\/li><li><em>No criminal record<\/em>;<\/li><li><em>Legal source of income<\/em>.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-normal-font-size\">Thanks to simple and understandable conditions, since 2012, more than 15 thousand family members of investors have received a residence permit in Portugal.<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\">Residence permit in Portugal<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/paulo-evangelista-Ss3FBqiWwP4-unsplash-1024x683.jpg\" alt=\"\" class=\"wp-image-1374\" srcset=\"http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/paulo-evangelista-Ss3FBqiWwP4-unsplash-1024x683.jpg 1024w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/paulo-evangelista-Ss3FBqiWwP4-unsplash-300x200.jpg 300w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/paulo-evangelista-Ss3FBqiWwP4-unsplash-768x512.jpg 768w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/paulo-evangelista-Ss3FBqiWwP4-unsplash-1536x1024.jpg 1536w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/paulo-evangelista-Ss3FBqiWwP4-unsplash-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-normal-font-size\">The residence permit is given for one year and is renewed twice for two years &#8211; for a total of 5 years. To confirm your status, you need to spend 7 days in Portugal in the first year and 14 days every two years thereafter.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">After 5 years, you will be able to obtain permanent residence and apply for Portuguese citizenship, which will give you even more freedom in travel and business.<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\">Pros and Cons of participating in the Portugal Golden Visa program<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Pros <\/h3>\n\n\n\n<p class=\"has-normal-font-size\">+ Spouses and children can participate.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">+ You only need to spend 7 days a year in the country.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cons<\/h3>\n\n\n\n<p class=\"has-normal-font-size\">&#8211; your children over 26 years old cannot participate in program;<\/p>\n\n\n\n<p class=\"has-normal-font-size\">&#8211; your parents over 65 years old cannot participate in program<\/p>\n\n\n\n<p class=\"has-normal-font-size\">Moreover, you can travel to Europe without a visa Portugal is a member of the European Union. In addition, having a Portugish residence permit allows you to visit 30 European countries without a visa: the 27 member countries of the EU, and Cyprus, Bulgaria, Croatia, and Romania.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-style-large is-layout-flow wp-block-quote-is-layout-flow\"><p>With a residence permit, you can live in Portugal as long as you like. Children can study at the university, and parents can spend the whole year in a Portuguese villa.<\/p><\/blockquote>\n\n\n\n<p class=\"has-normal-font-size\">In other countries, the standard Schengen rules apply a maximum of 90 days within six months.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Pros<\/h3>\n\n\n\n<p class=\"has-normal-font-size\">+ You can stay in Portugal without restrictions.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">+ The ability to obtain citizenship faster than by naturalization.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cons<\/h3>\n\n\n\n<p class=\"has-normal-font-size\">&#8211; You need a visa to the UK and Ireland.<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\">Portuguese citizenship<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/ricardo-resende-mgdH55YI9Lg-unsplash-1024x683.jpg\" alt=\"\" class=\"wp-image-1373\" srcset=\"http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/ricardo-resende-mgdH55YI9Lg-unsplash-1024x683.jpg 1024w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/ricardo-resende-mgdH55YI9Lg-unsplash-300x200.jpg 300w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/ricardo-resende-mgdH55YI9Lg-unsplash-768x512.jpg 768w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/ricardo-resende-mgdH55YI9Lg-unsplash-1536x1024.jpg 1536w, http:\/\/www.immigration-residency.eu\/blog\/wp-content\/uploads\/2021\/05\/ricardo-resende-mgdH55YI9Lg-unsplash-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-normal-font-size\">Obtaining an EU passport in 5 years A Portuguese passport opens up even more opportunities. Thanks to their combination, many industry ratings give it top positions. For example, the Nomad Passport Index takes into account the number of countries with visa-free travel, the level of taxation, quality of life, and other parameters and puts the Portuguese passport in fourth place.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">In the European Union, you will be considered a full citizen with all the privileges: you will be able to live, work and study freely in any country.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">Citizenship applications can be submitted after 5 years. This is one of the shortest terms in the EU. In comparison with Spain and Greece, you can apply for citizenship only after 10 years.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">In addition, Spain does not allow second citizenship. To obtain citizenship, investors must fulfill two conditions:<\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li><em>Pass the Portuguese language proficiency test at A2 level (the basic level);<\/em><\/li><li><em>The minimum stay in Portugal &#8211; one week per year.<\/em><\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-normal-font-size\">Ordinary applicants also need to prove their connection to Portugal: for example, having a job, real estate, or family relationship with the Portuguese. Investors with a golden visa do not need to prove anything further.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Pros<\/h3>\n\n\n\n<p class=\"has-normal-font-size\">+ The ability to obtain citizenship faster than by naturalization.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">+ Free travel to more than 130 countries of the world.<\/p>\n\n\n\n<p class=\"has-normal-font-size\">+ Work, study, and rest in the European Union without restrictions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cons<\/h3>\n\n\n\n<p class=\"has-normal-font-size\">&#8211; Confirm your knowledge of Portuguese at the A2 level.<\/p>\n\n\n\n<p class=\"has-normal-font-size\"><strong>Watch also:<\/strong><\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li><a href=\"http:\/\/www.immigration-residency.eu\/blog\/golden-visa-portugagreen-visa-d7-d2\/\">Golden Visa in Portugal by Investment and its alternatives: Green visa, D7, D2<\/a><\/li><li><a href=\"http:\/\/www.immigration-residency.eu\/blog\/d7-visa-to-portugal-passive-income-visa\/\" target=\"_blank\" rel=\"noreferrer noopener\">Portugal D7 Visa<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Since 2012, Portugal has been operating a \u201cgolden visa\u201d program &#8211; obtaining a residence permit in exchange for investment. For investors, this is an opportunity to obtain visa-free travel in Europe and a short path to EU citizenship in just 5 years. Portugal is a wonderful country to live in: with a good climate, incredible [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":1386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[11,164,12,10],"class_list":["post-1371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-golden-visa","tag-golden-visa","tag-invest-in-portugal","tag-portugal","tag-portugal-golden-visa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Portugal Golden Visa: Pros and Cons - Immigration residency blog<\/title>\n<meta name=\"description\" content=\"Portugal&#039;s golden visa program for investors is the opportunity to obtain a short path to EU citizenship in just 5 years.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.immigration-residency.eu\/blog\/portugal-golden-visa-pros-and-cons\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portugal Golden Visa: Pros and Cons - 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