Portugal's Golden Visa: Top 5 Benefits You Need to Know
Last year, Portugal’s Golden Visa received considerable attention in the press following legislative changes and the scrapping of the real estate investment route. Now the market has settled, savvy global investors are increasingly turning to Portugal’s private equity options to secure their Golden Visa. This programme is particularly appealing to those who not only understand the intricacies of investment funds but are also seeking a robust and reliable pathway to European residency and citizenship. La Vida’s recent survey has confirmed that Europe is the most appealing region for investors considering an Investment Migration programme in 2024, and with 12 years of proven success, Portugal’s Golden Visa stands out for its stability and effectiveness, remaining the premier choice in an increasingly restrictive European market. Here are the top five benefits you need to know:
1. Residency in the European Union
Securing a Portuguese Golden Visa grants you immediate residency in Portugal. While this residency allows you to live, work, and study in Portugal, it also provides you with the ability to travel freely within the Schengen Area. This means you and your family can travel to other Schengen countries for up to 90 days within any 180-day period without needing to apply for a separate Schengen visa. For those who frequently visit Europe and currently rely on applying for Schengen visas, holding Portuguese residency offers significant convenience and flexibility.
2. Citizenship with Minimal Stay Requirements
One of the most compelling aspects of Portugal’s Golden Visa is its unmatched flexibility. Unlike other European programmes that require you to live in the country for six months or more each year, Portugal only requires a stay of seven days per year. This makes it the most accommodating option for busy global citizens who want the benefits of European citizenship without the need to relocate or significantly alter their lifestyle.
