Portugal’s Golden Visa program provides a clear route to permanent residency and, over time, EU citizenship. It appeals to high-net-worth individuals looking for stability and global mobility.
This guide covers the process, key requirements, costs, and benefits, with a focus on investment funds as a primary path, supported by the advisory expertise of VIDA Capital.
What Makes Portugal’s Golden Visa a Path to Permanent Residency?
Portugal’s Golden Visa offers residency-by-investment for non-EU/EEA/Swiss citizens aiming for European residency and citizenship. Applicants must be at least 18, hold a clean criminal record, and make a qualifying investment to secure residency status. After five years, this temporary residency can transition to permanent status.
Portugal stands out for more than its visa program. Ranked as the 7th safest country in the 2025 Global Peace Index, it offers a high quality of life and strong security. Its hospitality sector thrives, with tourism generating €27 billion in 2024 and attracting 31 million visitors. This economic strength enhances Portugal’s appeal for both residency and investment.
For investors and families, the Golden Visa acts as a reliable backup plan. Unlike other European programs, it requires just 14 days in Portugal every two years, allowing you to maintain your current lifestyle while building EU residency. Portugal remains one of the few countries in Europe offering a citizenship path without relocation.
Family inclusion adds significant value. Spouses, dependent children who are full-time students and unmarried during the residency period, and financially dependent parents or in-laws over 65 can join the application. This ensures entire families gain access to the benefits of EU residency.
Start your journey to Portugal’s permanent residency with VIDA Capital’s expert advice.
Who Qualifies for Permanent Residency Through the Golden Visa?
Applicants must be non-EU/EEA/Swiss citizens, over 18, with no criminal record and funds sourced outside Portugal. These criteria help maintain the program’s integrity while attracting committed investors.
Investment Funds: A Direct Route to Residency
Since the updates in October 2023, the minimum investment is €500,000 into Portuguese Private Equity or Venture Capital funds. This change has boosted interest in options like the VIDA Fund, which focuses on Portugal’s expanding hospitality sector.
Fund investments bring specific benefits. They offer diversification and professional management, unlike other past options. Through VIDA Capital’s advisory services, investors access the VIDA Fund, which buys and transforms undervalued hospitality assets across Portugal, giving them a fresh purpose while targeting strong returns. Historical returns are not a guarantee of future returns.
Keeping Your Investment for Five Years
You must hold the investment for five years to qualify for permanent residency. This commitment supports Portugal’s economy and gives investors a defined timeline for residency goals.
Minimal Time in Portugal: Flexibility for Busy Lives
Golden Visa holders need to spend at least 14 days in Portugal every two years to maintain status. This low requirement sets Portugal apart from other European programs, fitting well for those with global commitments.
Documents You Need to Apply
The paperwork for the Golden Visa is detailed but manageable. Key items include a valid passport, a criminal record certificate, proof of investment, and a declaration to maintain the investment. You also need a Portuguese NIF (Tax Identification Number) and evidence of compliance with local tax rules.
A specialized lawyer is vital for navigating this process. VIDA Capital connects applicants with experienced legal professionals to ensure all documents meet the standards set by AIMA, Portugal’s immigration agency.
How to Move from Golden Visa to Permanent Residency
Step 1: Preparing Your Application and Investment
Your path to residency starts with preparation. Partnering with an experienced law firm is essential, and VIDA Capital links clients with trusted experts for guidance. Applicants must secure a Portuguese NIF (Tax Identification Number), which can be arranged remotely with legal help.
Setting up a Portuguese bank account is another key step, often handled remotely through your lawyer. This account supports your investment and financial ties to Portugal. Finally, you complete the qualifying investment, such as €500,000 into the VIDA Fund, targeting growth in the hospitality market.
Step 2: Submitting Your Application and Getting Approval
Submit your application online to AIMA, followed by approval and biometrics collection in Portugal. A lawyer manages the submission for you and your family. After approval, you schedule in-person visits for biometric data, required for all family members on the application.
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.
Step 3: Maintaining Temporary Residency for Five Years
Once approved, you receive a temporary residency permit valid for two years. This permit allows you to live, work, and study in Portugal, plus visa-free travel in the Schengen Area for up to 90 days in any 180-day period.
Renewals happen around year two and possibly year four. They require proof of ongoing investment, meeting the 14-day stay rule, updated biometrics, and fresh criminal records from your home country. Each renewal keeps you on track for permanent status.
Step 4: Applying for Permanent Residency After Five Years
After five years of temporary residency, you can apply for permanent status if all conditions are met. This marks a significant step toward long-term stability in Portugal.
Move toward permanent residency in Portugal with VIDA Capital’s guidance.
Costs, Timelines, and Comparisons for Portugal’s Golden Visa
What Are the Government Fees?
Knowing the full costs helps with planning. Initial submission fees are €618.60 per family member. Approval card issuance costs €6,179.40 per person during biometrics. Renewals at years two and four are €3,023.20 each per person. The final citizenship application fee is €250 per family member.
Additional Costs for Legal and Fund Services
Legal fees range from €16,000 to €20,000, depending on the firm. VIDA Capital links you with skilled attorneys who provide clear pricing. The VIDA Fund charges a 1% subscription fee on the invested amount, paid to the fund manager at investment. Historical investment returns are not a guarantee of future returns.
How Long Does the Process Take?
The Golden Visa process, from application to receiving your residency card, typically lasts 12 to 18 months. Variations depend on application details and AIMA processing times, so professional support can make a difference.
Pathway to Citizenship Under New Rules
In October 2025, Portugal’s Parliament extended citizenship timelines. Most applicants now need 10 years of residency before qualifying, while nationals of Portuguese-language countries (CPLP) and EU citizens require seven years. This applies to Golden Visa holders unless their citizenship application was submitted before the law’s publication.
How Does Portugal Compare to Other European Programs?
|
Feature |
Portugal Golden Visa |
Spain Golden Visa |
Greece Golden Visa |
|
Program Status (2025) |
Active (via funds) |
Discontinued for new applicants as of April 3, 2025 |
Active |
|
Minimum Stay for Permanent Residency |
14 days/2 years |
Subject to the original terms for existing holders |
No minimum stay for residency |
|
Path to EU Citizenship |
Yes (without relocation) |
Yes (10 years residency for eligible holders) |
Yes (7 years residency) |
|
Primary Investment Route |
Funds (€500,000 minimum) |
Not available for new applicants |
Various options |
Key Benefits of Permanent Residency in Portugal for Investors
Gain Mobility and Security Across Borders
Permanent residency in Portugal offers valuable advantages. It allows visa-free travel within the Schengen Area and serves as a safety net for future generations. This flexibility is crucial in uncertain times, providing families with options and peace of mind.
Benefit from a Flexible Tax Structure
Portugal’s tax rules favor Golden Visa holders who reside elsewhere. Major tax responsibilities often apply only if you relocate fully to Portugal, letting you manage global tax obligations while holding European residency status.
Access Rights and Services in Portugal
As a permanent resident, you can live, work, and study in Portugal, with access to public healthcare and education. While temporary residency grants Schengen travel for up to 90 days in any 180-day period, permanent status offers deeper stability and connection to Portugal.
Protect Your Capital with Tangible Investments
The VIDA Fund targets undervalued hospitality assets for acquisition and transformation, providing a solid base for your investment. This focus on physical assets offers more security than speculative options. Aligned with Portugal’s tourism growth, projected at 22.6% of GDP by 2035 per the World Travel & Tourism Council, the fund’s strategy supports long-term value.
Why Choose VIDA Capital for Your Residency Journey?
Expert Guidance Through Every Step
VIDA Capital offers tailored support from start to finish in your permanent residency process. The advisory team bridges connections between investors, legal counsel, and the VIDA Fund, ensuring smooth handling of documentation and timelines.
Each client gets a dedicated contact at VIDA Capital. This direct support includes quick responses through channels like WhatsApp and availability on weekends if needed, reducing stress and boosting application success.
Clear and Honest Advisory Services
VIDA Capital explains all costs upfront, covering government and fund fees. The team offers candid advice on visa options best suited to your needs, even suggesting alternatives like the D7 visa for quicker moves or advising against the Golden Visa if it doesn’t fit. This builds trust and clarity for investors.
Focused Investment in Hospitality Assets
The VIDA Fund concentrates on buying and revitalizing hospitality assets in Portugal. This narrow focus brings deep market insight and value creation for investors. Managed by a team with over €4 billion in asset experience and 100+ private equity deals, the fund is backed by rigorous audits from Deloitte to meet Portuguese regulations.
VIDA Fund I raised over €20 million from more than 50 investors, supporting 100+ Golden Visa applications. This track record reflects strong management and investor confidence. Historical returns are not a guarantee of future returns.
What Investors Say About VIDA Capital
Chris Lightbound shares, “Since early 2023, the VIDA team has shown outstanding professionalism and transparency. Their clear communication and accountability build trust. I’m excited for more years of successful investing with them.”
Eugenio S. says, “VIDA offered a strong investment plan with a dedicated hospitality team. Maria and Alex consistently exceed expectations, supported by a network of trusted immigration experts. It feels like joining a community, not just investing.”
Christopher Ludwig adds, “From the start, VIDA’s professionalism impressed us. They answer every question thoroughly, giving us confidence in our investment. It’s clear they prioritize investors and aim for solid returns. We look forward to a lasting partnership.”
Discover your path to permanent residency in Portugal with VIDA Capital.
Common Questions About Permanent Residency in Portugal
How Does Temporary Residency Differ from Permanent?
Temporary residency via the Golden Visa provides a two-year renewable permit to live, work, and study in Portugal with a minimal stay of 14 days every two years. Permanent residency, after five years, offers indefinite rights without renewals, strengthening access to benefits and social systems.
How Does the Golden Visa Lead to Permanent Status?
The Golden Visa sets a five-year path to permanent residency. By maintaining your investment and stay requirements during this time, you qualify to apply.
Can My Family Get Permanent Residency Too?
Yes, family members on your original Golden Visa application, like spouses, dependent children, and qualifying parents or in-laws, can apply for permanent status after five years. Each must meet conditions like language skills and clean records.
Do I Need to Live in Portugal to Keep Permanent Residency?
Permanent residency allows more flexibility than temporary status, but long absences might impact your standing. Rules can vary, so consulting legal experts ensures you stay compliant while managing time abroad.
What Extra Benefits Come with Permanent Residency?
Permanent status removes renewal fees and requirements, offering indefinite rights in Portugal. It enhances access to services, provides stronger protection from deportation, and improves citizenship options, ensuring long-term security for you and your family.
How Does VIDA Capital Help After the Golden Visa Period?
VIDA Capital’s team offers ongoing support for permanent residency applications. This includes help with paperwork, linking clients to experienced lawyers, and updates on regulatory shifts. Their commitment extends well beyond the initial investment phase.
What Costs Should I Expect for Permanent Residency?
Costs for permanent residency include government fees, legal support, language testing or courses, and document services. While amounts differ, planning for several thousand euros is practical. VIDA Capital provides clear cost estimates and connects you with attorneys for transparent pricing.
Got questions about permanent residency in Portugal? Reach out to VIDA Capital’s advisors.
Secure Your Future in Portugal with Permanent Residency
Obtaining permanent residency through Portugal’s Golden Visa is a calculated move for high-net-worth individuals seeking stability and opportunity. With minimal stay requirements, family inclusion, and a potential citizenship path, it offers a structured five-year plan.
VIDA Capital stands out with personalized, transparent guidance. Through the VIDA Fund, focused on revitalizing hospitality assets in Portugal’s growing market, investors gain access to strategies prioritizing capital preservation. This advisory support builds lasting trust beyond the first steps.
Portugal’s Golden Visa program adapts over time, yet its core strength persists: a defined route to European residency and beyond via strategic investment. With VIDA Capital’s knowledge and the VIDA Fund’s tangible focus, you can pursue residency confidently, knowing your investment and family’s future are protected.
