Portugal's Golden Visa residency-by-investment programme continues to be a highly sought-after option for non-EU/EEA/Swiss citizens looking to gain European residency through strategic investments.
Since its inception, the programme has undergone significant changes yet remains an attractive pathway for investors worldwide. Let’s explore ten key factors that are drawing people to Portugal's Golden Visa.
1. Diverse Investment Options
The programme now offers a variety of investment routes, disqualifying real estate in 2023 to focus on other sectors.
Investors can select from several pathways, including regulated alternative investment funds with a minimum requirement of €500,000, contributions to arts and national heritage preservation with a minimum of €250,000, or funding for scientific research with a minimum investment of €500,000.
Other options include creating at least 10 jobs, incorporating a company, or reinforcing its capital with an investment of €500,000, provided it meets job creation requirements.
2. Minimal Residency Requirement
One of the most appealing aspects of the Portugal Golden Visa is its low stay requirement. Investors need to spend only seven days in Portugal during the first year and 14 days every two years thereafter.
This flexibility allows investors to maintain their residency status without significantly disrupting their current lifestyle or business commitments.
3. Path to Citizenship
After holding the Golden Visa for five years, investors become eligible to apply for permanent residency and Portuguese citizenship, with the ability to obtain an EU passport.
According to Arton Capital’s most recent report, Portugal’s passport is ranked 12th in the world for freedom of movement.
4. Schengen Area Access
Golden Visa holders and their families enjoy free movement within the Schengen Area, which comprises 26 European countries. This benefit greatly enhances personal and business travel opportunities across Europe.
5. Family Inclusion
The programme extends residency rights to immediate family members, including spouses, children, and, in some cases, dependent parents. This family-friendly approach allows investors to secure a European future for their loved ones.
6. High Quality of Life
Portugal is celebrated for its exceptional quality of life, offering an excellent climate, a welcoming culture, and a high standard of living.
Golden Visa holders benefit from access to a world-class healthcare system, top-tier education options, a safe and stable social environment, and the country's rich cultural heritage and stunning landscapes.
7. Economic Stability and Growth
According to the European Commission, Portugal’s GDP growth is forecast to rise from 2.0% in 2024 to 2.3% in 2025, significantly higher than the Eurozone’s projected growth of 0.8% and 1.3% over the same period.
Comparatively, the UK’s growth predictions stand at 1.0% for 2024 and 1.2% for 2025, underscoring Portugal’s stronger economic trajectory.
Portugal’s property market also continues to shine, particularly in the luxury segment. Recent data highlights a robust +5.8% growth forecast for 2025, outperforming the broader EU/UK property markets, which are expected to decline by -2.5% during the same period.
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8. Tax Efficiency
Portugal's tax landscape for foreign residents has evolved with the introduction of the Tax Incentive for Scientific Research and Innovation (IFICI) regime, which replaced the previous Non-Habitual Resident (NHR) scheme. The IFICI offers significant tax advantages for eligible highly skilled professionals.
With the application of a 20% flat tax rate over income derived from the listed activities within the regime (employment and self-employment) and a tax exemption applicable to non-Portuguese income (excluding pensions), the regime aims to attract global talent while boosting Portugal’s economic competitiveness.
Read our guide to NHR 2.0 (IFICI) for more details
9. Investment Security
The Golden Visa programme, especially through the alternative investment fund option, is regulated by the Portuguese Securities Market Commission (CMVM). This oversight ensures a secure and transparent investment environment, providing peace of mind for investors.
10. Increasing Global Demand
The programme has seen growing interest from various regions, particularly North America and the United Kingdom. This increased demand reflects the global recognition of Portugal's Golden Visa as a valuable tool for risk mitigation and future planning in an uncertain world.
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