No, you can’t buy Portuguese citizenship. However, you can obtain residency through investing in Portugal, and then apply for citizenship in five years. Investors can choose to make a property investment, a subscription in an investment fund, or a capital transfer to a Portuguese bank account.
How much does it cost to invest in Portugal for citizenship?
Applicants may invest a minimum of €350,000 in research activities. Applicants may invest a minimum of €250,000 in the arts or in the reconstruction or refurbishment of national heritage projects. Applicants may invest a minimum of €500,000 for shares in investment funds or venture capital.
Can I get Portuguese citizenship if I buy a house?
Buying property in Portugal and citizenship
It is possible to buy property in Portugal and obtain citizenship after 5 years of maintained investment. … Buying property in Portugal worth at least €500,000 (reduced to €400,000 if located in a low-density area).
Can you buy a Portuguese passport?
Foreign residents can apply for Portuguese citizenship in most cases after six years of residence in Portugal. … Portuguese nationality law permits foreigners to acquire citizenship by: Marriage to a Portuguese citizen. Descent or birth (Portuguese by origin)
How can I get permanent residency in Portugal?
Permanent residency can be obtained by an investment scheme, which is called the golden visa scheme. Portuguese law also permits to apply for residency by family reunification. The student also can apply for a residency permit, but their study should be more than six months.
Is it easy to get citizenship in Portugal?
There are several ways that you can obtain Portuguese citizenship, some easier than others. Attribution routes, e.g. having a Portuguese parent or grandparent, are much easier than acquisition routes, e.g. living in Portugal for five years in terms of the amount of work needed on your part.
How much money do you need to immigrate to Portugal?
How Much Money Do You Need to Immigrate to Portugal? The government usually makes it easy for Americans to obtain residency. Usually, you’ll start by getting a visa for residence purposes which is valid for 120 days. For that visa, you need paperwork proving that you have at least $1,070 per month.
Where is the best place to live in Portugal?
The best places to live in Portugal
- Funchal (Madeira)
- Ponta Delgada (the Azores)
What is the best business to start in Portugal?
Best Business To Start In Portugal
- Start a food delivery business ($300K/year)
- Start a clothing boutique ($120K/year)
- Become an it consultant ($25.2K/year)
- Start a cleaning business ($1.2M/year)
- Start a niche investment platform ($4.2M/year)
- Start an online advertising agency ($300K/year)
Can foreigners buy property in Portugal?
The short answer is YES! One of the most encouraging qualities in Portugal is that there are no restrictions for foreigners who want to buy a home in the country. Furthermore, the Portuguese government incentivizes foreigners to invest in real estate property in Portugal through the Golden Visa program.
Is it worth getting a Portuguese passport?
In fact, Portugal has been listed as one of the best countries to live in Europe, not to mention it has the best overall life quality. The best part is, you don’t even need to have a Portuguese passport to enjoy all the benefits and perks that come with living in this beautiful country.
How much does a Portuguese passport cost?
Portuguese passport fees are: Standard passport (PEP) – €65 (normal), €85 (express), €95 (urgent) plus €10 shipping. Passport for Foreign Citizens (PCE) – €107.40.
How many citizenships can you have in Portugal?
The good news is that Portugal allows dual citizenship with most countries, so you won’t have to give up your original nationality. There are 5 main ways to become a Portuguese citizen: by descent, by marriage, by investment, by naturalisation or for being a Sephardi Jew.