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Portugal Residency Program
Portugal is home to numerous UNESCO World Heritage Sites, and the historic centers of Porto and Lisbon. Known for Fado music, traditional Portuguese cuisine, and vibrant festivals like the Festa de São João in Porto and the Carnaval in Lisbon.
Portugal has numerous beautiful golden sand beaches and dramatic cliffs along the Atlantic coast. From the Douro Valley's terraced vineyards to the volcanic landscapes of the Azores and the lush greenery of Madeira, Portugal offers varied and picturesque scenery. Portugal enjoys a Mediterranean climate with mild, wet winters and warm, dry summers, making it an attractive destination year-round.
Portugal is famous for its wine production, especially Port wine from the Douro Valley, and is a significant producer of olive oil and cork. The country offers its high quality of life yet affordable cost of living, and excellent healthcare and education systems. Consistently ranked as one of the safest countries in the world, Portugal is also renowned for the warmth and friendliness of its people
Lisbon has emerged as a hub for startups and innovation, hosting the annual Web Summit, one of the largest tech conferences in the world.
Portugal's combination of rich cultural heritage, natural beauty, favorable climate, and modern amenities makes it a sought-after destination for tourists and expatriates alike.
Portugal is home to numerous beautiful golden sand beaches and dramatic cliffs along the Atlantic coast. It is also known for Fado music, and vibrant festivals like the Festa de São João in Porto and the Carnaval in Lisbon. The country enjoys a Mediterranean climate with mild winters and warm, dry summers, making it an attractive tourism and second-home destination year-round.
Portugal offers its high quality of life yet affordable cost of living, and excellent healthcare and education systems. Consistently ranked as one of the safest countries in the world, Portugal is also renowned for the warmth and friendliness of its people
Lisbon has emerged recently as a hub for startups and innovation, hosting the annual Web Summit, one of the largest tech conferences in the world.
Even though property is no longer a qualified option for golden visas, Portugal still attracts property investors all over the world . There is no restrictions on foreign property ownership in Portugal and the round transaction costs are generally low comparing to other EU countries.
PROGRAM BENEFITS
No residency requirements!
You have the right to reside in Portugal however relocation is not a MUST! You are required however to be in the country for an average of 7 days a year over the five-year period.
Property Investment: Purchasing residential property is no longer an eligible option. However, for real estate investors, Honu have qualified options to invest into Real Estate via RE Investment Funds. These options are safe and profitable! After the GV period (6 years), your investment can be withdrawn in full if you wish.
Book a private consultation with us to understand your options!
Return Of Investment
Some investment options provides potentially good return of investment.
Entire family are eligible
Parents (in-laws), spouses and unmarried and dependant children. All three generations in one application!
High-standard of schooling.
Your children will have access to many prestigious international high schools or universities at the local fee.
Visa-Free travel in Europe's Schengen Area.
REQUIREMENTS
- Due Diligence: All applicants over the age of 16 must provide criminal background check. The main applicant needs to be at least 18 years of age and have no previous criminal conviction. A complete background and source of funds will be checked.
- Proof of investment.
- Proof of health insurance for all applicants
Path to citizenship.
Eligibility to apply for citizenship after 5 years as a legal resident while keeping other citizenship(s). This is one of the easiest and fastest residency to citizenship in Europe
Processing time: 12+ months. Changes in the GV programe created backlog in 2023. The Processing time is expected however to reduce in 2024.
Residency Process: The Golden Residence Permit is initially valid for two years, and is renewable for two subsequent periods of two years. After five years of the program, applicants can decide to either apply for permanent residency or citizenship.
Time to citizenship: Five (5) years.
- Capital transfer:
. Scientific Research: EUR 500,000 (**) investment in research activities conducted by public or private entities
. Cultural & Artistic Projects: Donation of EUR 250,000 min (**) in support of artistic production or in the recovery or maintenance of national cultural heritage.
. Purchase of share - EUR 500,000 min (**) in collective investment entities. For real estate enthusiasts, Honu offer qualified Investment Funds that are in tourism and real estate sector. Investing in such funds are safe and guarantee annual profits. At the end of the GV period, you have the choice to maintain the investment or withdraw it completely!!!
- Business: Creation of minimum 10 job (**)
(**) 20% reduction for low population density areas in investment and requisite jobs created
INVESTMENT OPTIONS
Private Consultation with Honu Advisor
. Honu's advisor will evaluate your personal circumstances and help you select the most suitable investment option
. A pre-due diligence check shall be performed at this stage
3 - 7
working days
Prepare Documents
. A detailed checklist will be provided. We will provide guidance throughout the document collection stage.
. Honu will prepare all necessary documents, along with the residency application. Each document will undergo a thorough compliance check to ensure all requirements are met, including proof of investment documentation.
a few days
Bank account and NIF
Obtaining the NIF (Portugal's Tax Identification number) and opening Portugal bank account can be done in person or remotely.
Submit the application.
Honu Advisory submit application on your behalf to the AIMA. Your application will pre-approved on the basis of requirement fulfilment.
60 days
Biometric appointment - in person, in Portugal.
Once application is pre-approved, Biometric appointment can be scheduled in Portugal. All applicants are required to be present.
1 day
Finalize the Investment.
The chosen investment option to be finalized. We guide and help you choose the secure and profitable investment. Guidance of the best way to transfer the fund to Portugal will also be provided when required.
one week
Residence Permit!
After your application is approved by AIMA (Portugese Immigration Service), you need to pay the government fee, Honu will collect the cards on your behalf and send them to you.
Note that the awaiting for the residence card to be issued will be counted to the time to citizenship.
12 months +
PROCESS OUTLINES
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