Meta Description: Discover how you can obtain Portuguese citizenship through investment in Portugal. Learn about the requirements, benefits, and process of citizenship by investment in Portugal.
Introduction
Portugal is a country that has been attracting a lot of attention in recent years for its quality of life, cultural richness, and strategic location. The country is also famous for its progressive immigration policies, which make it easier for foreign investors to obtain residency and citizenship in Portugal. Citizenship by investment is one of the most popular routes to Portuguese citizenship, and it is becoming increasingly popular among investors who are looking for a way to diversify their portfolio and obtain a second passport.
In this article, we will guide you through the process of obtaining Portuguese citizenship by investment. We will explore the requirements, benefits, and process of obtaining citizenship by investment in Portugal.
Requirements for Citizenship by Investment in Portugal
To obtain Portuguese citizenship by investment, you must meet certain requirements. These requirements are as follows:
- Investment in Portuguese Real Estate: You must invest a minimum of €500,000 in Portuguese real estate. The property must be located in a low-density area, or in a redevelopment area.
- Investment in Portuguese Funds or Companies: You can also invest a minimum of €350,000 in Portuguese investment funds or companies. This investment must be held for a minimum of five years.
- Creation of Jobs: You can also create a minimum of ten jobs in Portugal to be eligible for citizenship by investment.
Benefits of Citizenship by Investment in Portugal
There are many benefits to obtaining Portuguese citizenship through investment, including:
- Visa-Free Travel: Portuguese citizens can travel to over 170 countries without a visa.
- Access to the EU: Portuguese citizenship provides access to the European Union, which allows you to live and work in any EU country.
- Quality of Life: Portugal is famous for its high quality of life, with excellent healthcare, education, and social services.
- Tax Benefits: Portugal offers many tax benefits to residents, including a flat tax rate of 20% for foreign income.
Process of Citizenship by Investment in Portugal
The process of obtaining Portuguese citizenship by investment involves several steps, including:
- Investment: You must make the required investment in Portuguese real estate, funds, or companies.
- Residency Permit: You must obtain a residency permit in Portugal, which requires you to spend a minimum of seven days in Portugal per year.
- Citizenship Application: After five years, you can apply for Portuguese citizenship. The application process includes a language and cultural test, and a criminal background check.
- Citizenship Approval: If your application is approved, you will be granted Portuguese citizenship and will receive a Portuguese passport.
FAQs
Can I obtain Portuguese citizenship by investment if I have a criminal record?
No, you cannot obtain Portuguese citizenship by investment if you have a criminal record.
Can I obtain Portuguese citizenship by investment if I do not speak Portuguese?
You must pass a language and cultural test to obtain Portuguese citizenship, so you must have a basic knowledge of the language.
Can I include my family in my citizenship application?
Yes, you can include your spouse and children in your citizenship application.
Conclusion
Obtaining Portuguese citizenship by investment is a great way to gain access to the European Union, enjoy a high quality of life, and obtain a second passport. With the requirements and process outlined in this guide, you can start your journey to becoming a Portuguese citizen today.
Whether you choose to invest in real estate, funds, or companies, Portugal offers many benefits to foreign investors who are looking to diversify their portfolio and gain citizenship in a welcoming and progressive country.