Minimum investment and requirements
Requires you to start a new business, with an minimum investment of around €5K
Proof of passive income:
- Main applicant: currently €7,620 per annum
- Spouse or parents of main applicant: Currently €3,810 per annum
- Dependant children: Currently €2,292 per annum
Criteria to be eligible
to apply
- Have a
NIF number- Be a non-EU national
- Be a spouse, partner, child or parent of someone that is a Portuguess resident
- Have a clean criminal record
- Have a
NIF number- Be a non-EU national.
- 6 months of bank statements (proof of income)
- Have a clean criminal record
Where to apply
Portuguese consulate in country of residency
Portuguese consulate in country of residency
Visa cost
Turn around
Stage 1: One month
Stage 2: Interview in 90 days
Issued for
Passive Income / Self employed / Retirees
Permanent residency
After 5 years of uninterrupted living
After 5 years of uninterrupted living
Additional benefits
- Eligibility for
NHR status- Up to five entrepreneurs can apply per project
Rights
Live, work, study, healthcare
Live, work, study, healthcare
Citizenship
After 5 years of uninterrupted living
After 5-6 years of uninterrupted living
Family members
Resident permit
A Residence Permit will be issued. Permanent Residence Permit after 5 years
Temporary Residence Permit issued for year 1 and 2. Extension issued for year 3, 4 and 5. Permanent Residence Permit after 5 years
Health insurance
Accommodation requirements
Secure long-term residential accommodation in Portugal either through a purchase or rental.
Visa free movement
Schengen and certain EU countries
Schengen and certain EU countries
Residency conditions
Requires you to live in Portugal for the majority of the year (unless your business requires you to travel).
Must live 6-8 months per year or at least 16 months in Portugal during the first 2-year period
