Understand the Complete Process of Portugal Golden Visa

1. Citizenship Bay – Citizenship By Investment Understand the Complete Process of Portugal Golden Visa The Portugal Golden Visa is a residency permit that allows non-EU citizens to live and work in Portugal. In order to qualify for the visa, applicants must invest a minimum of €350,000 in Portuguese real estate or €1 million in a Portuguese company. The visa can be renewed every two years and after five years of living in Portugal, applicants may apply for permanent residency or citizenship. What are the benefits of the Portugal Golden Visa? There are many benefits to holding a Portugal Golden Visa, including: The ability to live and work in Portugal With a Portugal Golden Visa, you are legally allowed to live and work in Portugal. This is a great benefit for those who want to relocate to Portugal or who want to start a business in the country. The ability to travel freely within the Schengen Area As a holder of a Portugal Golden Visa, you can travel freely within the Schengen Area. The Schengen Area is a group of 26 European countries that have abolished passport and immigration controls at their shared borders. This allows visa holders to move freely between member countries.

2. Citizenship Bay – Citizenship By Investment The ability to apply for permanent residency after five years After five years of living in Portugal, holders of a Portugal Golden Visa can apply for permanent residency. Permanent residency grants holders the same rights as Portuguese citizens, with the exception of voting rights and access to certain public sector jobs. The ability to apply for Portuguese citizenship after six years After six years of living in Portugal, holders of a Portugal Golden Visa can apply for Portuguese citizenship. This grants the holder full legal rights in Portugal, including the right to vote and hold public office. What are the requirements for the Portugal Golden Visa? In order to qualify for the Portugal Golden Visa, applicants must meet one of the following investment requirements: Invest €350,000 in Portuguese real estate Invest €1 million in a Portuguese company Create 10 new jobs in Portugal Make a capital investment of €500,000 in a Portuguese bank account Donate €250,000 to a Portuguese cultural institution What are the documents required for the Portugal Golden Visa? In order to apply for the Portugal Golden Visa, applicants must submit the following documents: A valid passport A criminal record certificate from your country of origin or residence Proof of investment (e.g. real estate contract, bank statement) Proof of health insurance A Portuguese language test certificate (if applicable) What is the process for applying for the Portugal Golden Visa?

3. Citizenship Bay – Citizenship By Investment 1.Schedule an appointment with the Portuguese consulate or embassy in your country of residence. 2.Submit your application and supporting documents to the consulate or embassy. 3.Pay the application fee (€5,000 for a single applicant, €10,000 for a family). 4.Wait for your application to be processed. This can take up to three months. 5.If your application is approved, you will receive a residency permit that is valid for one year. 6.Renew your residency permit every two years. 7.After five years of living in Portugal, you may apply for permanent residency or citizenship. 8.Enjoy all the benefits of living in Portugal! Why portugal citizenship by investment? 1. Residency in Portugal and visa-free travel throughout the Schengen Area: The Portugal Golden Visa grants residency in Portugal to non-EU/EEA/Swiss nationals, and their family members. As a resident of Portugal, you can travel visa-free throughout the Schengen Area for up to 90 days within any 180 day period. 2. A pathway to European citizenship: After living in Portugal for 5 years (or 6 years if married to a Portuguese national), you can apply for permanent residency. After 6 years (or 7 years if married to a Portuguese national), you can then apply for Portuguese citizenship by investment – giving you full rights as a Portuguese citizen, including the right to live, work, study and travel anywhere in the EU. 3. No language requirements: There are no language requirements to apply for the Portugal Golden Visa or for citizenship by investment. However, applicants must prove that they have a basic knowledge of the Portuguese language before applying for portugal citizenship by investment. This can be done by taking a Portuguese language test or by completing a Portuguese language course. 4. A stable and safe country: Portugal is a safe and stable country with a strong economy and a high standard of living. It is also one of the most beautiful countries in Europe, with its stunning coastline, medieval towns and friendly people.

4. Citizenship Bay – Citizenship By Investment 5. Tax benefits: As a resident of Portugal, you will benefit from the country’s favourable tax regime. Portugal has a double taxation agreement with over 70 countries, and there are a number of tax incentives available for residents, including the non-habitual residents regime. 6. A family-friendly country: Portugal is a great place to raise a family. The education system is excellent, and there are many activities and facilities for families with children. Portuguese people are also known for their warmth and hospitality, making it easy to settle into expat life in Portugal. 7. An attractive retirement destination: With its mild climate, stunning scenery and relaxed lifestyle, Portugal is a popular retirement destination for retirees from all over the world. Retirement income from foreign pension schemes is exempt from taxation in Portugal, and there are a number of health insurance schemes available for retirees. 8. A gateway to Latin America:

5. Citizenship Bay – Citizenship By Investment As a Portuguese citizen, you will have the right to live and work in any country in the European Union. You will also be able to apply for citizenship in Brazil, Argentina, Uruguay and other countries in Latin America that have agreements with Portugal. 9. A favourable real estate market: The Portuguese property market has recovered from the global financial crisis, and prices are now rising. There is a wide range of property available, from city apartments to rural villas, and there are many opportunities for portugal citizenship by investment. 10. A favourable visa regime: As a Portuguese citizen, you will be able to travel visa-free to over 150 countries, including the United States, Canada, Australia and New Zealand. You will also have the right to live and work in any country in the European Union. Conclusion At Citizenship Bay, we specialize in helping clients obtain portugal citizenship by investment. We can help you with the entire process, from choosing the right investment to making the application and ensuring that you meet all the requirements. Contact us today to learn more about how we can help you obtain Portuguese citizenship by investment. We understand that the process of obtaining portugal citizenship by investment can be complex and confusing. There are a lot of different requirements and it can be difficult to know where to start. That’s why we’ve put together this guide to help you understand the Portugal Golden Visa program and the process of applying for citizenship by investment in Portugal. *******************