The Portuguese Republic is located in South-Western Europe on the Iberian Peninsula facing the Atlantic. It reaches from the subtropical islands of the Azores and the flower island of Madeira to the mountaineous Alentejo and peaks of the Serra da Estrela. The country`s climate is among the warmest in Europe. Portugal is a popular tourist destinations, which is not only famous for the spectacular Algarve beaches but also for world class golf courses and watersports. Agriculture is an important sector, most famous is the Port wine. Portugal has a very rich and long history and offers a vast amount of sightseeing opportunities and a rich cultural program. Please find more information here.
The Golden Residence Permit has been introduced in 2012. Currently there 3 ways of qualifying for a 5 year residence permit. All investment must be maintained for a minumum of 5 years. The visa is issued for one year and renewed every 2 years after if the investment is maintained.
In addition valid travel documents, birth certificates, proof of health insurance and a clear criminal record are required. Investors must have a valid (tourist) Schengen Visa and the permanence in Portugal has to be legalized within 90 days of entry into national territory. For children over 18 a document prooving dependency on their parents has to be produced.
Investors must stay a minimum of 7 days in Portugal in the first year, and a minimum of 14 days in the following periods.