EU Residency for You
and Your Family.
Permanent Status
in Five Years.

Visa-free access
188 countries
Processing time
20 - 24 months
Minimum donation
€250.000 in cultural and artistic projects
Minimum investment
€500.000 in private & venture funds
Double nationality
No restrictions
Permanent residence
After 5 years

The Golden Visa grants non-EU citizens and their families legal
residence in Portugal and visa-free travel across the Schengen
Area since 2012. Permanent residence is available after
five years with minimal physical presence required.
It is one of the most popular residency by investment
programs in Europe and in the world.

Minimum donation
€250.000 in cultural and artistic projects
Minimum investment
€500.000 in private & venture funds
Double nationality
No restrictions
Permanent residence
After 5 years
Visa-free access
188 countries
Processing time
20 - 24 months

Why smart capital chooses Portugal

portugal
Viable citizenship acquisition
Portugal
€250.000 / minimum investment
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20-24 months / avg. processing time
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7 days / min. stay requirement
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Allowed family inclusion
greece
Difficult citizenship acquisition
Greece
€250.000 / minimum investment
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12 months / avg. processing time
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0 days / min. stay requirement
icon-people
Allowed family inclusion
hungary
Difficult citizenship acquisition
Hungary
€250.000 / minimum investment
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5 months / avg. processing time
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0 days / min. stay requirement
icon-people
Allowed family inclusion

What are applicants’ prerequisites

Main Applicant
Eligible Dependents
0 1
Make a qualifying investment.
0 2
Maintain the investment during the duration
of the golden visa program.
0 3
Over 18 years old.
0 4
No criminal record or prosecution.
0 5
Free from debts in Portugal.
0 6
Capital must originate from outside Portugal.
0 7
Able to confirm the legality of your
income.
0 8
Tax identification number and a bank account
in Portugal.
0 9
Ability to spend 7 days per year in Portugal.

Spouse or Partner: Legally married or in a recognized civil union.

Children, biological or adopted, of the main applicant or of the spouse, if under
the age of 18, disabled and dependent upon the main applicant or spouse.

Children, biological or adopted, of the main applicant or of the spouse aged 18 or
over, unmarried, enrolled in an educational establishment, and dependent on the
main applicant or spouse.

Dependent Parents: Parents of either spouse. If aged 65+, no proof of dependency is required. If under 65, documents proving financial support must be provided.

Siblings under the age of 18 of either yourself or your spouse/partner. For siblings
to qualify as dependents, you or your partner must have legal custody of them.

Eligible investment options

How does the timeline to residency unfold

We synchronize your legal and investment workstreams to eliminate dead time. While government processing speeds can vary, our parallel coordination ensures your file is fully prepared and 'submission-ready' as soon as you provide the documents.

01
Onboarding & Compliance
Weeks 1 to 2
Remotely
Assessment 

& Onboarding

Consultation with our independent legal partner is initiated. You will be onboarded once the Client Agreement (CA) is signed.

Month 1
Remotely
NIF & Tax Structure

Your legal team secures your NIF (Portuguese Tax ID) via Power of Attorney. This is the foundational identifier required for all subsequent steps: banking, investment, and government interaction.

Month 1
Remotely
Compliance & Due Diligence

A detailed checklist will be performed, and you will be guided through the
documents' collection stage. Revision of your documents is performed. Legal team validates every scan against AIMA standards to pre-empt questions from bank compliance officers, preventing avoidable delays. We want to eliminate any unnecessary delays and additional costs.

Month 1
Remotely
Bank Account Opening

Acting under Power of Attorney, your lawyer submits your KYC file to the partner bank. Once cleared, your non-resident account is opened, ready to receive capital.

02
Investment & Processing
Months 2 to 3
Remotely
Investment Execution

Complete your required investment in close consultation with your
allocated consultant. Due diligence is performed, documentation is
reviewed and signed once the investment product has been selected. The
investor transfers funds to his or her account in Portugal. Legal team
provides support along the process. Investment requirements are fulfilled.

Months 2 to 3
Remotely
Application Submission

Legal team collects all of the documents and submits an application for the
Portuguese Golden Residence Permit on your behalf.

Months 3 to 18
In person
Biometrics & Approval

After analyzing your Golden Visa pre-application - and assuming
everything is in order - AIMA will require you to schedule a biometrics
appointment. The main applicant and the family (including babies but note
that dependents' applications may be submitted at a later date) will be
invited to present in person biometric data. This screening includes
fingerprinting, taking your photo, and obtaining your signature. Your legal
team will coordinate the dates of the in person meetings and support you
along the process.

03
Residency & Renewal
Years 0 to 2
Remotely
Visa Issuance

Upon initial approval, your first Golden Visa residence permit will be valid for 2 years. During this 2-year period, you must spend a minimum of 14 days in Portugal.

Years 2 to 4
Remotely
1st Renewal Cycle

Once the initial validity period of your Golden Visa Programme ends, legal
team will assist you in the renewal process. You will be expected to pay legal
and government fees. This ensures that you continue to meet the eligibility
requirements for an additional two-year extension. Your renewed Golden
Visa residence permit will be valid for two years. During these two years,
you must spend a minimum of 14 days in Portugal. You will be guided and
supported throughout the process.

Years 4 to 6
Remotely
2nd Renewal Cycle

This marks the second renewal of the visa. You will be expected to pay
government fees. This ensures that you continue to meet the eligibility
requirements for an additional two-year extension. You will be guided
and supported throughout the process.

Year 5+
Remotely
Permanent Residency
Granted

You become eligible for Permanent Residency 5 years after the submission date of your initial Golden Visa application, regardless of the validity of your residence cards.

01
Onboarding & Compliance
Assessment 

& Onboarding
Weeks 1 to 2
Remotely

Consultation with our independent legal partner is initiated. You will be onboarded once the Client Agreement (CA) is signed.

NIF & Tax Structure
Month 1
Remotely

Your legal team secures your NIF (Portuguese Tax ID) via Power of Attorney. This is the foundational identifier required for all subsequent steps: banking, investment, and government interaction.

Compliance & Due Diligence
Month 1
Remotely

A detailed checklist will be performed, and you will be guided through the
documents' collection stage. Revision of your documents is performed. Legal team validates every scan against AIMA standards to pre-empt questions from bank compliance officers, preventing avoidable delays. We want to eliminate any unnecessary delays and additional costs.

Bank Account Opening
Month 1
Remotely

Acting under Power of Attorney, your lawyer submits your KYC file to the partner bank. Once cleared, your non-resident account is opened, ready to receive capital.

02
Investment & Processing
Investment Execution
Months 2 to 3
Remotely

Complete your required investment in close consultation with your
allocated consultant. Due diligence is performed, documentation is
reviewed and signed once the investment product has been selected. The
investor transfers funds to his or her account in Portugal. Legal team
provides support along the process. Investment requirements are fulfilled.

Application Submission
Months 2 to 3
Remotely

Legal team collects all of the documents and submits an application for the
Portuguese Golden Residence Permit on your behalf.

Biometrics & Approval
Months 3 to 18
In person

After analyzing your Golden Visa pre-application - and assuming
everything is in order - AIMA will require you to schedule a biometrics
appointment. The main applicant and the family (including babies but note
that dependents' applications may be submitted at a later date) will be
invited to present in person biometric data. This screening includes
fingerprinting, taking your photo, and obtaining your signature. Your legal
team will coordinate the dates of the in person meetings and support you
along the process.

03
Residency & Renewal
Visa Issuance
Years 0 to 2
Remotely

Upon initial approval, your first Golden Visa residence permit will be valid for 2 years. During this 2-year period, you must spend a minimum of 14 days in Portugal.

1st Renewal Cycle
Years 2 to 4
Remotely

Once the initial validity period of your Golden Visa Programme ends, legal
team will assist you in the renewal process. You will be expected to pay legal
and government fees. This ensures that you continue to meet the eligibility
requirements for an additional two-year extension. Your renewed Golden
Visa residence permit will be valid for two years. During these two years,
you must spend a minimum of 14 days in Portugal. You will be guided and
supported throughout the process.

2nd Renewal Cycle
Years 4 to 6
Remotely

This marks the second renewal of the visa. You will be expected to pay
government fees. This ensures that you continue to meet the eligibility
requirements for an additional two-year extension. You will be guided
and supported throughout the process.

Permanent Residency
Granted
Year 5+
Remotely

You become eligible for Permanent Residency 5 years after the submission date of your initial Golden Visa application, regardless of the validity of your residence cards.

What documents are required for the dossier

You will obtain personalized assistance. You will know exactly what documents to get and when.

What other operational details are important

Key requirements regarding passport validity, family inclusion rules, and your rights as a resident.

What are the mandatory government fees

The Portuguese state (AIMA) charges administrative fees at three distinct stages: initial processing, card issuance, and bi-annual renewals. These are fixed costs, indexed annually, and paid directly to the government.
Processing Fees
€618,60
Required for every family member at the initial application and again at each renewal. Budget for three payments over the 5-year term.
Initial Application Fee
€6,179.40
Required for every family member once immediately upon approval.
Renewal Fee
€3,090.40
Required for every family member at each renewal point. Budget for two payments
over the 5-year term.

What additional costs must be budgeted for

You will need to engage several independent professionals to execute this process. We facilitate these critical introductions, ensuring you have vetted legal, fiscal, and administrative teams in place to handle your file.
1.
Independent Legal Counsel
Full lifecycle retainer for your independent lawyer. This covers the initial application, all bi-annual renewals, the permanent residency conversion, and the final citizenship application.
2.
Fiscal Representation & Tax
Even if your fund income is tax-exempt or withheld at source, zero-filing obligations must be managed annually to maintain "good standing" with the tax authority.
3.
Banking & Account Maintenance
You should budget for the setup and monthly maintenance fees required to keep this non-resident account active for the duration of your investment.
4.
Document Legalization
Apostilles & translation costs incurred in your home country and Portugal.
5.
Transfer & FX Specialists
Standard banks often charge high spreads on the €500k transfer. We introduce specialized FX brokers to optimize exchange rates and ensure your capital lands in Portugal efficiently.
6.
US Custodial Services (SDIRA)
For US Investors utilizing retirement funds. You will need to engage a specialized Self-Directed IRA (SDIRA) Custodian to hold the Portuguese asset compliantly, ensuring your structure satisfies both IRS and Portuguese regulations.

Portuguese Golden Visa
law updates

law1
On 12th February 2021
On 12th February 2021, the Portuguese Authorities, through its Decree-Law No. 14/2021 announced legislation changes in The Portuguese ARI (Authorization of Residency for Investment Activity) or as it is commonly known Golden Visa, with the changes due effective on the 1st January 2022. The revised legislation for Portugal’s Golden Visa Program investment options limit the areas in which you can purchase residential real estate to qualify for the Residency Visa. The new legislation states that residential investments can no longer be purchased in Lisbon, Porto & the Algarve (coastal areas), qualifying areas for residential real estate are now limited to interior regions of the country and in the autonomous regions of the Azores and Madeira only.
law2
On 6th October 2023
On 6th October 2023, changes have been enacted into law 23/2007 restricting
investment activities to Creation of at least 10 jobs, Investment Funds, Scientific
Research, Arts & Culture, and Commercial Company creating at least 5 jobs only.
The aforementioned investment activities cannot aim directly or indirectly
at real estate investments.

Need Support Getting the Golden Visa?

Book an appointment with our consultants and take your first step today

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