All ways to get Residence Permit in Portugal: Complete Guide

There are many unique places in the world worthy of tourists' attention. However, there are moments when you want to return to a particular country more than once or perhaps get a second citizenship. Portugal is just such a case. Charming landscapes and comfortable climates attract an increasing number of migrants from any corner of the planet. At the same time, you should not forget about the delicious national dishes and the friendly hospitality of the locals.     

The authorities are interested in attracting investments, so several programs for applicants are offered. Golden Visa guides reveal all the details.

If you decide to stay here for more than 12 calendar months, you must get residence permit in Portugal. You will be able to get an education, and get a job. According to My Golden Visa specialists, some of the main benefits are:

• access to education;
• the right to work;
• highly developed health care system;
• visa-free entry to Schengen countries;
• social benefits;
• flexible tax system;
• opportunity to move with family members;
• possibility to integrate in the future.

In addition, the applicant has the right to open an account in a local bank, and get a taxpayer identification number for further employment. 

Portugal D7 Visa

It is one of the popular options. The program has been successfully operating since 2007. During this period, the authorities have attracted many foreigners with passive income (pension, dividends and others) to apply. 

The following can obtain Portugal D7 Visa:

• a national/citizen of a non-EU country;
• age of majority;
• no problems with the law;
• ability to prove the legality of income.

It is required to prove an annual income of about 10,000 euros to obtain a permit. The visa is issued for two years, with subsequent extension for another three years.

Portugal Golden Visa

Portugal rightfully occupies a leading position in the list of European countries. Excellent weather conditions, developed infrastructure, and affordable prices are not all why wealthy foreigners seek to move here. The Portugal golden visa program was developed for them and for attracting investments. Depending on the type of investment route, there have a difference:

• purchase of real estate for an amount of 500,000 euros or more;
• contribution to scientific research for 350,000 euros;
• investment in the development of art, culture of 250,000 euros;
• setting up a business to provide jobs for residents (€250,000);
• contribution of €500,000 to small and medium-sized enterprises.

The application can include spouses, children under 18, and dependents (children 18-26, parents, and close relatives under 26). According to expert Albert Loffe (Imin-Malta company), the investor will not need to move here to obtain a residence permit through investment permanently. The service can become a safety cushion for the unexpected. 

Other Visas

In addition to the above services, the authorities offer other relocation options:

1. D3 visa for highly qualified specialists with special skills. To obtain requirements, it is necessary to provide an educational diploma and a written recommendation from an employer. Foreigners working for a Portuguese company can apply for a D1 Visa upon submission of a 12-month contract.
2. Startup Visa. Designed for foreign entrepreneurs willing to launch an innovative project in Portugal in collaboration with a local business. There is no need to pay for your project in full, but the applicant must have at least 5200 euros in his account. If you want to buy out part of the company or start your own business at all, the D2 Visa is suitable.
3. Obtaining education and scientific research. The applicant must confirm his status as a student or researcher by submitting an invitation from an educational institution, employment contract, research scholarship, or employment contract. At the same time, he must have his own/leased accommodation and sufficient money for living expenses.
4. Marriage, family reunification. A resident is eligible to invite close relatives. It is necessary to prove the degree of kinship and the availability of free living space for their accommodation.

The state is characterized by reliability, a measured pace of life. It is an excellent reserve airfield: if political and economic swings begin in the country of the resident, he gets the full right to enter Portugal, even if the borders are closed.

Conclusion

With the advancement of technology, it is possible to apply online. But it is not recommended to engage in RP in Portugal on your own, as there is a risk of making a wrong step and getting rejected. It is better to trust real professionals in this matter. You can gain the full support of experienced specialists in selecting real estate, legal, and accounting directions and comparison of suitable options in a reliable company. Moreover, this issue is revealed in more detail on the site mygoldenvisa.io.

The best solution is to contact the specialists of a professional agency. Employees are familiar with the specifics in this area and already know all the subtleties and nuances that may arise during the preparation of documents. This solution is an opportunity to keep your nerves in order, and also save a significant amount of money, because you won’t have to spend money on unnecessary processes.