In recent years, Portugal has witnessed an increase in the number of expats choosing to relocate, attracted by the myriad of benefits and diverse visa options. In this comprehensive article, we will explore the advantages of moving to Portugal and highlight some visa options, and talk more in-depth about the Golden Visa program and its current rules.

Portugal consistently occupies high positions in global quality of life indices. With its pleasant climate, picturesque landscapes and relaxed lifestyle, the country offers an ideal environment for a fulfilling life. It is worth highlighting its cultural riches.

Matilde do Carmo, associate from Portugal for Retirees describes Portugal as: “A captivating country known for its rich history, breathtaking landscapes, and diverse cultural heritage. From big cities like Lisbon and Porto to charming villages and coastal towns, residents can enjoy delicious cuisine, and a warm hospitality with a pleasant Mediterranean climate. Furthermore, compared to many other countries in the rest of the world, Portugal offers a relatively affordable cost of living, allowing residents to enjoy a comfortable lifestyle”.

The three most common visas are the D7, D8 and Golden Visa. The D7 visa is suitable for retirees and individuals with a stable passive income, while the D8 is the Digital Nomad Visa to respond to the trend of remote workers around the world, where Portugal has attracted many young people from the technology industry.

But if you're not ready to move full-time to Portugal but still want the benefits of residency and the option of obtaining European citizenship for the whole family, the Golden Visa is your best option. Portugal's Golden Visa Program only requires staying in Portugal for 14 days in each two-year period and takes 5 years to get the permanent residency or citizenship.

It is also known as ARI, European residency through investment. "You can guarantee residency by investing in several qualification options, including creating a business or creating jobs. But I emphasize that the option of investing in funds has been a smooth path as you can invest in several funds, diversifying the risk." as advised by the manager Marta Rocha from Portugal for Retirees. The funds option widens the accessibility spectrum for potential investors. Now that traditional real estate investments are no longer possible to obtain this visa in Portugal, the funds allow individuals to participate in the Golden Visa program, with values that are similar to that of real estate investment.

To get the Golden Visa, you must meet certain criteria, such as:

  • Transfer of capital in an amount equal to or greater than 500,000 euros in investment funds or venture capital funds OR
  • Incorporate a company or increase the share capital of an already constituted one with 500,000 euros plus 5 jobs creation.

Investing in funds allows investors to pool their resources into carefully managed funds, providing a diversified and professionally supervised investment strategy. Matilde do Carmo explains that candidates who choose the funds option must meet specific criteria defined by the Portuguese government. Thus, a minimum total investment of 500,000 euros in qualified funds; these funds must be eligible for the Golden Visa program and applicants are subject to due diligence checks to ensure the legality and legitimacy of their investment.

By opting for funds, investors benefit from a diversified portfolio managed by experienced professionals. This strategy mitigates risks associated with individual investments, offering a more balanced and secure approach. Given the complexity of investment decisions, says Marta Rocha, we always ensure that our clients have access to top-tier financial experts who can provide tailored advice to their specific investment goals and that aligns with the current Golden Visa rules.