Important Things to Consider When Applying for an Investment Visa Portugal

Many people are embracing the Portuguese golden visa program. This is because of how it makes it easier for them to enter Portugal. They only have to make an investment in the country to qualify for this interesting program. Luckily, successful applicants can also access other European countries.

There are some factors you should know before applying for the golden visa program. They help you to understand all the requirements for all applicants. Luckily, we have compiled the most essential ones below.

1. Qualifying Investment

First, you need to look for an investment to inject your money. The investment visa Portugal program offers a variety of options for all investors. You just have to choose an investment that fits your financial position. Some include real estate, creating 10 jobs, an investment fund, financing scientific and technological studies, among others.

The cheapest of all is creating ten jobs. This is because you only have to set up a business and employ 10 full time employees. It is even more flexible because you can leave the company under a manager and handle your other things.

2. Qualifying Minimum Investment 

When you identify a qualifying investment perfect for you, it is important to know the minimum amount of money you have to inject into it. Investments like real estate and investment funds have a higher capital requirement of 500,000 Euros and above.

But others like making a donation to arts or culture have a lower requirement. You can donate a minimum of 250,000 Euros. But the bad side about it is that you can’t recover the money you have donated. Yet for other investments, you get assets in return.

3. Processing Period

The Portuguese investment visa program needs some patience because it takes time. You won’t complete the process in a few days, weeks or months. The set period is 18 months, which gives you enough time to search for the best investment.

This period is set to enable you fulfill all the requirements, which could not have been possible if given a small time frame. You can take your time to search for a good investment and also handle the rest of the paper work. 

Remember, you will have to present evidence or proof of investment during the application process. The given time frame allows you to prepare it and gather other needed personal documents like your passport.

4. Family Benefits

If you have a big family, you need to understand how you can move with it. The good news is that the program accommodates all your dependents.  All people under your care can be included in the application process. You just have to follow the right criteria.

So, first inquire about the entire process of adding your family to the program. Also, ensure that their documents are ready and you are in a position to present them when asked by the immigration office.

Have a Smooth Application Process

Improve the success rate of your investment visa Portugal application by following the right criteria. Our tips are going to guide you through each step.