[ECO]Portugal Residency Types in Numbers: How Much for Each Option

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Portugal Residency Types in Numbers: How Much for Each Option

The idea of changing your life won’t seem daunting if you evaluate your options for relocation. Many countries offer residency options, so it’s worth taking the time to familiarize yourself with them. First, determine your desired destination, and then find the available offers. Among the variety of programs, Portugal stands out as a country with a great climate and flexible policies towards foreigners.

Overview of Residency Types in Portugal and Their Costs

Searching and selecting options is best done with the support of an accredited agent, but you should familiarize yourself with the variety beforehand. The commitment to the

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is understandable, but it is the only one offered by the government. Foreigners looking for ways to exchange capital for a residence permit should learn about:

1. Passive Income Visa. You can earn income from renting out premises, pensions, and investments. Thanks to the D7 visa, you will be able to enjoy the benefits of Portugal’s membership in the ********* Union.
2. Visa for digital nomads. This option allows foreigners to work outside the ********* country but stay in Portugal. The minimum amount of income is 3 thousand euros, which is quite beneficial for interested investors. The permit is initially valid for 2 years, and then it can be extended.
3. Investor visa. The Golden Visa program is a common choice of wealthy foreigners. By purchasing real estate, you can obtain a residence permit and enjoy the rights of a local resident. Upon expiration, entrepreneurs can obtain citizenship if they wish.

The cost of participation in the offers depends on the option chosen. The services of agents will help you to find out whether your personal expectations are in line with your real opportunities.

Visa types	Capital amount	Validity ******* of the residence permit
D7 “retiree” visa	from 9,840 euros per year	up to 5 years
Visa for digital nomads	purchase (rent) of housing + salary from 3,000 euros per month	2 years after receipt with the possibility of extension
Visa for investors	from 250 thousand euros	5 years

Detailed Financial Requirements for Each Residency Option

Information on the cost of participation for each of the visa options is updated annually. This is because potential participants need to meet the main criteria, including the amount of income. To do this, foreigners applying for one of the Portugal residency types provide information on their sources of income: remote work, pension, dividends, etc.

The minimum amount of capital is 3 thousand euros per month for employees and 820 euros for pensioners. Investors participating in the government program choose an investment option from the following list:

• from 250 thousand for art;
• from 500 thousand for investment funds/real estate/business;
• creation of at least 10 jobs for the local population.

The total cost depends on the number of applicants. The investor has the right to add close family members who are dependent on him or her to the application. The amount of investment does not include the cost of processing applications and issuing relevant documents (permits, passports).

Comparing the Costs and Benefits of Different Portugal Residency Paths

Considering the peculiarities of Portuguese visas, you should pay attention to the validity ******* of permits and requirements for their holders. You can get this information from an accredited agent of Immigrant Invest Vladlena Baranova during a consultation. Among other things, it should be noted that Portugal’s offers are changing. Recently, the government has increased the minimum investment amount and closed the option of purchasing real estate to participate in the investor program.

In order to evaluate the benefits of obtaining a residence permit, please note the following:

1. Validity: Residence permit is issued for a ******* of 2 years or more. If the foreigner fulfills the requirements for the minimum ******* of residence, the government extends the validity ******* for another 3 years. In the future, the visa holder will be able to apply for citizenship.
2. Cost: The changes led to a revision of the minimum investment amount. Thus, 820 euros per month will be enough to obtain a D7 visa. Digital nomads have to receive more than 3 thousand euros to obtain the desired permit. Participation in the Golden Visa program costs from 250 thousand, but investors are subject to additional requirements.
3. Advantages: Holders of temporary residence visas enjoy the rights of the local population. The list includes visa-free travel, medical services, and state guarantees. In addition, there is an opportunity to apply for and obtain citizenship.

It is not a problem to learn about the features of

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. The government’s requirements for foreigners are summarized in a handy guide. In addition, expert advice will allow you to get answers to your questions in a short time.

Bottom Line

A wide range of options allows you to determine how to obtain a residence permit, taking into account the financial requirements for Portugal residency. The list of conditions includes the length of stay, methods of income generation, and age of the participants. A detailed review of the options will help you determine the simplest one and undergo naturalization according to a convenient algorithm.

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