Residence: Portugal (passport - 186 territories of visa-free entry)

Visa for investors and homeowners:

• initially issued for a period of 1 year
• subsequent extension for 2 years,
• including a spouse, partner in civil marriage, children under 25 years of age,
• requires residence in Portugal: in the first year 7 days, in the following - 14 days every 2 years,
• permanent residence status - 5 years after obtaining a visa (residence permit),
• citizenship - application is possible 6 years after obtaining a visa,
• recognized dual citizenship.
   

Conditions for obtaining a visa:

• owning a property worth more than 500 thousand euro,
• the acquisition of real estate worth 300 thousand euro, followed by reconstruction,
• a deposit in a Portuguese bank or investments in investment projects in the amount of at least 1 million euro,
• investment amount not less than 350 thousand euro in research and development activities,
• investment amounts of at least 250 thousand euro in order to preserve the cultural heritage,
• creation of at least 10 jobs,
• investments in the amount of 350 thousand euro in the creation & increase of the share capital with the provision of at least 5 jobs for a period of at least 3 years.
   

Residence permit for financially independent persons:

• issued for a period of 1 year
• subsequent extension for 2 years.
• including spouse and children under the age of 21,
• without the right to work,
• permanent residence status - 5 years after obtaining a visa (residence permit),
• citizenship - application is possible 6 years after obtaining a visa,
• recognized dual citizenship.
   

Conditions for obtaining a residence permit:

• availability of a stable annual income from permanent sources (passive income at the rate of 2 thousand euro per month for the applicant, plus 20% for the spouse and 15% for each child),
• or having a high average balance of funds in the applicant’s bank account during the year,
• rental contract,
• certificate of no criminal record
• medical insurance,
• medical certificate of the absence of dangerous diseases.