Portugal’s Golden Visa Program has enabled many people to move to the country. It involves entering the nation as an investor. You have to invest a specific amount of money in any of the qualifying investments.
Many people usually have several questions on different things about the program. Fortunately, we have come up with the best detailed answers to each below.
What is the Portugal’s Golden Visa Program?
It is a program that offers residence to people who make a significant economic contribution to Portugal. There are several Portugal golden visa investment options you can make in the country. For example, you can invest into cultural support, venture capital funds, or research activities.
Furthermore, as you open a business in Portugal, there are prospects for boosting the economy by generating employment. But your investment should be worth five hundred thousand Euros or more. It applies for all investors in the program. So, if you can meet it, you only have to look for a project or business to inject the money.
Why Get a Portuguese Golden Visa Application?
You get visa-free travel to Portugal and its neighboring countries. You can travel to all countries of the EU without restrictions in terms of visas.
And, you can live and work in the country. You can as well study in any institution you want in the country. All successful applicants in the program can further their studies in Portugal in some of the world’s best institutions.
Can Include Family in the Portuguese Golden Visa Program?
You can move to Portugal with your family because the program allows you to add them. You can add your spouse, children, and parents in the application, so you shouldn’t worry about leaving your family or being separated from it. You just have to follow the right procedure as directed by the concerned immigration offices.
What Documents Are Needed?
You will have to present or submit some personal documents during the application process. These provide the authorities with more information about you. First is a valid passport and it is needed to confirm where you come from.
Proof of investment is also needed. It is evidence that you have invested in any of the qualifying Portugal golden visa investment options. You will also need proof of health insurance and a clean criminal record. Portugal protects its residents from criminals and doesn’t welcome any of them.
Lastly, your biometric data is also needed and other supporting documents you will be informed about.
Can You get Citizenship through Portugal’s Golden Visa Program?
Acquiring citizenship in Portugal is easier for people who moved to the country through its golden visa program. This is because all its successful candidates can apply for citizenship. But they should have stayed in the country for five years.
You can even get citizenship if you have been in Portugal through the scheme for 5 years and above. Luckily, you don’t have to drop or cancel your other citizenships. You can have dual citizenship because Portugal has nothing against it.
