The Portugal Golden Visa offers a clear route for high-net-worth individuals and investors to gain EU permanent residency and citizenship. With global uncertainties on the rise, securing an alternative residency option is a practical way to protect family wealth and ensure mobility.
This guide covers the program’s key benefits, current eligibility rules, and the application process, focusing on secure, asset-backed investment options in Portugal’s growing hospitality sector. The goal is to equip you with the information needed to make confident decisions for your family’s future in the European Union.
What You Need to Know About the Portugal Golden Visa
A Residency Program with Unique Flexibility
The Portugal Golden Visa is a residency-by-investment program that invites foreign capital while granting qualified investors a legal path to EU residency and, eventually, citizenship.
When you get your Golden Visa, you receive a temporary residency permit, valid for 2 years. You must then renew it for two additional 2-year periods, maintaining your investment and residency requirements throughout the 5-year period. At that point, you can apply for permanent residency.
Five years later, you can apply for citizenship. That’s because Portugal’s Parliament passed a new framework that introduced longer timelines in October 2025. Applicants must now reside in Portugal for ten years before qualifying for citizenship. Nationals of Portuguese-language countries (CPLP) and EU citizens have a reduced requirement of seven years. The new law should apply to all Golden Visa applicants except those who have already submitted their citizenship application before the new law is published.
Unlike many immigration pathways that demand immediate relocation, this program allows investors to maintain their current lifestyle and business operations while accessing EU benefits. Recent changes in October 2023 removed direct, personal property purchases as a qualifying option, shifting focus to fund-based investments.
Key Advantages for Investors and Families
Here are the main benefits that make the Portugal Golden Visa a strategic choice for investors:
- Visa-free travel across the Schengen Area, covering over 26 European countries, for you and your family.
- A safe and stable environment, with Portugal ranking as the 7th safest country in the 2025 Global Peace Index, supported by its EU membership.
- Family inclusion that covers your spouse, economically dependent children, and parents and in-laws who are either above 65 years of age or financially dependent on the main applicant. This multi-generational approach secures EU residency for your entire family.
- Minimal time in Portugal required, with 14 days of residency needed over a two-year period. This suits busy professionals who can’t relocate immediately.
- A path to permanent residency after five years, followed by eligibility for Portuguese citizenship after ten years, which includes full EU rights. This grants access to one of the world’s most valuable passports.
- Access to Portugal’s public healthcare, education, and job market for all family members. A right to travel across the EU.
- No immediate tax burdens unless you become a Portuguese tax resident, allowing for flexible financial planning.
Are You Eligible for the Portugal Golden Visa?
Basic Requirements for Applicants
The Portugal Golden Visa sets clear criteria to attract qualified investors while maintaining program standards. You must be a non-EU, EEA, or Swiss citizen, at least 18 years old, have a clean criminal record in your home country and Portugal, and no outstanding tax debts. These are the starting points for eligibility.
Additionally, investment funds must come from outside Portugal to ensure genuine foreign contribution. This rule applies to all non-EU/EEA/Swiss nationals over 18 with a clear background. Police clearance from your country of origin and current residence, along with Portuguese background checks, are also required. This thorough process ensures only eligible applicants gain access to EU residency.
Bringing Your Family Along
One of the standout features of this program is its family reunification policy, ideal for multi-generational households. You can include your spouse or legal partner in the same application, simplifying the residency process for couples.
Dependent children qualify. Parents over 65 or financially dependent, including in-laws, also qualify as dependents. These provisions make it easier for entire families to benefit from the program.
Investment Options to Secure Your EU Residency
Since the October 2023 updates, fund-based investments have become the primary way to qualify for the Golden Visa.
A minimum of €500,000 must be invested in a Portuguese fund registered with the CMVM, focusing on Portuguese companies. This ensures investments support the local economy. These funds, often private equity or venture capital, are managed under strict oversight by the Portuguese Securities Market Authority.
Why Invest in Portugal’s Hospitality Sector?
A Growing Tourism Market
Portugal’s tourism industry shows strong growth, making it a compelling choice for Golden Visa investors. In 2024, the country hosted 31 million visitors, generating €27 billion in revenue, surpassing pre-pandemic levels. Non-residents accounted for 70.3% of overnight stays, totaling 56.4 million, up 4.8% from the prior year.
Looking ahead, events like co-hosting the 2030 FIFA World Cup, expected to bring over €800 million in economic impact, will drive further growth. The World Travel & Tourism Council predicts tourism will account for 22.6% of Portugal’s GDP by 2035, signaling long-term potential for hospitality investments.
Asset-Backed Security with the VIDA Fund
The hospitality sector in Portugal offers distinct opportunities for investors seeking tangible assets within the Golden Visa framework. Many hotels are independently owned, creating room for consolidation and professional management amid rising visitor numbers.
The VIDA Fund targets undervalued hospitality properties, renovating them with modern designs and improved operations. This hands-on strategy builds high-value assets while aiming for sustainable returns. Physical assets like hotels provide inherent value and income potential, offering a safeguard compared to less tangible investments. Note that past performance does not guarantee future results.
The VIDA Fund’s management team brings extensive experience, having managed over €4 billion in assets, completed over 100 private equity deals, and engaged with more than 1,000 global investors. Their expertise drives value in Portugal’s thriving tourism market.
Steps to Obtain Your Golden Visa
Step 1: Preparation and Investment Choice
Start by working with a specialized Portuguese law firm to ensure compliance with program rules. They’ll help obtain your tax identification number (NIF) and open a local bank account, often remotely. Choosing the right investment is crucial, based on your risk tolerance and goals. Funds like the VIDA Fund offer exposure to hospitality assets while meeting Golden Visa criteria.
Step 2: Submitting Your Application
Your lawyer will submit your application online to AIMA, Portugal’s immigration authority, with full documentation for you and your family. This includes proof of investment, criminal background checks, and financial verification. After approval, attend an in-person biometric appointment in Portugal, marking your first required visit and the start of your residency period.
Step 3: Receiving and Renewing Your Residency Card
After biometric processing, you receive a two-year temporary residency card. Renewals happen every two years, requiring proof of continued investment and at least 14 days in Portugal over each two-year period. This minimal stay requirement supports flexibility for mobile investors. Updated criminal records and biometric data are also needed at renewal.
Step 4: Moving to Permanent Residency or Citizenship
After five years, you can apply for permanent residency for greater stability. After ten years, you can pursue Portuguese citizenship for full EU rights.
Permanent residency eligibility includes meeting all program conditions. Citizenship requires basic A2-level Portuguese language skills and a civic knowledge test. Alternatively, you can renew your Golden Visa indefinitely for ongoing flexibility.
Understanding the Costs of the Portugal Golden Visa
Government Fees per Family Member
Budgeting for the Golden Visa involves several government fees that depend on the application stage and family size. Here’s a breakdown:
|
Fee Type |
Amount (Per Person) |
Payment Timing |
|
Initial Application Submission |
€618.60 |
With application |
|
Approval Card Issuance |
€6,179.40 |
At the biometric appointment |
|
First Renewal (Year 2) |
€3,023.20 |
At renewal |
|
Second Renewal (Year 4)* |
€3,023.20 |
At renewal |
*As the approval card issuance usually takes a year, you will most likely only need to do a single renewal instead of two in the 5-year period.
Citizenship applications after ten years add €250 per person upon submission.
Legal and Investment Fees
Legal representation, essential for a smooth process, typically costs between €16,000 and €20,000, depending on the firm and family complexity.
Fund investments also include management fees. For instance, the VIDA Fund charges a 1% subscription fee on the investment amount to cover management and compliance costs.
Why Choose VIDA Capital for Your Golden Visa Journey?
Dedicated Support Every Step of the Way
VIDA Capital offers personalized support by assigning each investor a dedicated contact from our experienced team. This ensures clear communication and quick responses to your needs. We’re available through multiple channels, including WhatsApp, and provide assistance even on weekends for urgent matters, recognizing the significant commitment involved in this process.
Clear and Honest Advice
Transparency is central to VIDA Capital’s approach. We detail all costs upfront, from government fees to legal and fund expenses, so you know exactly what to expect. If the Golden Visa isn’t the best fit, we’ll suggest alternatives like the D7 visa for immediate relocation to Portugal. This client-focused guidance builds trust and aligns with your specific goals.
Focused Investments in Hospitality
The VIDA Fund is designed to meet Golden Visa requirements while prioritizing asset security. By targeting undervalued hospitality properties for renovation, the fund creates value in a growing sector. It operates under CMVM oversight with bi-annual Deloitte audits, ensuring accountability and compliance with high management standards.
What Investors Say About VIDA Capital
Chris Lightbound, a VIDA Fund investor, shares, “Since early 2023, the VIDA team has shown exceptional professionalism and transparency. Their clear communication and timely reporting build trust. I look forward to continued success with them.”
Eugenio S. adds, “VIDA’s compelling investment strategy and expert team stand out. Maria and Alex go beyond expectations, connecting investors to a trusted network of immigration professionals. It feels like being part of a community.”
Christopher Ludwig notes, “VIDA’s professionalism has been evident from day one. They answer every question thoroughly, prioritizing investors. We’re confident in our investment and expect a strong, lasting partnership.”
Common Questions About the Portugal Golden Visa
Here are straightforward answers to frequent concerns about the program:
- The Golden Visa allows non-EU investors to gain EU residency through a €500,000 investment in approved funds. It requires just 14 days in Portugal every two years and offers Schengen Area travel. After five years, you can seek permanent residency. After ten years, citizenship with full EU rights.
- The initial application to residency card takes several months, depending on processing times. Citizenship requires ten years of residency, maintaining your investment, and meeting language and civic test requirements.
- Relocation isn’t required immediately. You only need 14 days in Portugal every two years, fitting for those maintaining business or life elsewhere while securing EU access.
- Beyond the €500,000 investment, costs include government fees of about €10,000+ per person over five years, legal fees of €16,000 to €20,000, and fund fees like VIDA’s 1% subscription cost. Plan for all expenses based on family size and choices.
- The program is active in 2025, accepting applications after 2023 updates shifted focus to funds. CMVM-approved options like the VIDA Fund remain valid pathways.
- Asset-backed investments, such as hospitality properties, offer tangible value and revenue potential, providing security in volatile markets. VIDA Fund’s focus aligns with Portugal’s tourism growth and Golden Visa rules.
- Family inclusion covers your spouse, dependent children up to 26 if students, and parents over 65, including in-laws, making it ideal for multi-generational planning.
- No language skills are needed for residency, but citizenship after ten years requires basic A2-level Portuguese and a civic knowledge test, balancing integration with accessibility.
- VIDA Capital stands out with one-on-one support, transparent fees, and tailored advice, including alternative visa options if needed. Our hospitality investment focus ensures compliance and expertise.
Your Next Step Toward EU Residency and Citizenship
The Portugal Golden Visa provides a valuable opportunity for investors to gain EU permanent residency and a path to citizenship while maintaining flexibility and protecting wealth. With low stay requirements, family-friendly policies, and a clear path to EU rights, it suits strategic planners looking for mobility and stability.
Portugal’s stable economy and booming tourism, boosted by events like the 2030 FIFA World Cup, make it an ideal place for asset-backed investments that qualify for the Golden Visa. The shift to fund-based options since October 2023 highlights the need for managed, compliant vehicles like the VIDA Fund, which focuses on hospitality assets.
VIDA Capital simplifies this complex process with personal guidance, clear communication, and honest advice tailored to your situation. Our support continues beyond the initial investment, helping you through residency and potential citizenship.
