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Portugal

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About

Portugal officially known as the Portuguese Republic is a country located west of Spain and is a member of the European Union. Established in 2012, the Portugal Golden Visa is a residence visa issued to individuals who have made a significant investment in Portugal such as purchasing real estate or making a capital investment.

The programme offers visa-free travel to the Schengen region. Upon Portuguese citizenship visa-free travel is extended to a total of 188 countries, including United States of America, United Kingdom and Canada.

The most popular investment route for the programme is through the real estate option. It is a fast-track process for obtaining permanent residence and citizenship in an EU country – via the Golden Visa, you can become eligible for Portuguese citizenship in as little as six years. The Portuguese Serviço de Estrangeiros Fronteiras (SEF) overlooks the day to day operations of the programme.

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Benefits of 2nd Citizenship

Home
Minimum Residency Requirements
Mobility
Visa free travel to the Schengen region
Tax Planning
Opportunity to invest in a safe and stable country
Citizenship
Dual Citizenship is recognised
Relocation
Ability to apply for an EU passport after 6 years
Banks
Visa free access to financial hubs such as Zurich, Frankfurt, Paris & Amsterdam
Home
Minimum Residency Requirements
Mobility
Visa free travel to the Schengen region
Tax Planning
Opportunity to invest in a safe and stable country
Citizenship
Dual Citizenship is recognised
Relocation
Ability to apply for an EU passport after 6 years
Banks
Visa free access to financial hubs such as Zurich, Frankfurt, Paris & Amsterdam

General Requirements

The main applicant must:
  • Be over the age of 18
  • Have no criminal record or be under investigation for a criminal offence
  • Be able to make full investment amount on approval
  • Not have been rejected from a visa from a country that has a visa free agreement with Portugal. All visa rejections must be disclosed. 
  • Must not be found to be involved in any activity which may cause disrepute to Portugal.
  • Should be healthy and not be diagnosed with a contagious disease.
  • Full disclosure must be made on the application forms.
    Any incorrect information or false documentation provided will lead to a rejection.

Investment and Donation Options

Applicants can choose one option in order to qualify for the Golden Visa. These options can be divided into 3 categories: Capital Transfer, Property Acquisition and Business.

Capital Transfer
  1. EUR 1.5 million minimum capital transfer into a Portuguese bank account or approved investments

  2. EUR 500,000 for the acquisition of investment fund or venture capital fund units committed to the capitalization of companies incorporated under the Portuguese law, with a maturity of at least five years and with at least 60% of the investment portfolio in companies with a registered office in the national territory

  3. EUR 500,000 for research activities of public or private entities that are part of the national scientific and technological system
    • EUR 400,000 in a low population density area*

  4. EUR 250,000 in support of artistic production or in the recovery or maintenance of national cultural heritage
    • EUR 200,000 in a low population density area*
Business
  1. Creation of a minimum of ten new jobs
    • Eight new jobs in a low population density area*

  2. EUR 500,000 for the incorporation or increase of the share capital of a company that is registered in Portugal, creating or maintaining a minimum of five permanent jobs for a period of three years

*A low population density area is defined as less than 100 inhabitants per km² or with a GDP per
capita below 75% of the national average. 

Option 1: Sustainable Island State Contribution (SISC)
Option 1: Sustainable Island State Contribution (SISC)

The Sustainable Island State Contribution fund is designed to assist the government of Saint Kitts and Nevis to invest in key public infrastructure and various projects. The following donation schedules are applicable for this fund:

Sustainable Island State Contribution (SISC)
Single person male

Main Applicant

US $250,000

Couple

Main Applicant & Spouse

US $300,000

Family of 4

Main Applicant, Spouse
& 2 Other Dependents

US $350,000

Family of 4

Each Additional
Dependent

Age 18 and over: US $50,000

Under 18: US $50,000

Due Diligence Fee

Main Applicant

US $10,000

Each Additional Applicant

Age 16 and over: US $7,500

Processing Fee

Per Applicant

US $250

Eligibility of Dependents:

  • Child aged under eighteen years old of the main applicant or spouse
  • Child aged between eighteen and twenty-five years of age who is in full time attendance at a recognised secondary or tertiary level institution of learning and fully supported by the main applicant.
  • Child aged eighteen years or older and physically or mentally challenged.
  • Parents of the main applicant or spouse above the age of 65 living with and fully supported by the main applicant.
Option 2: Real Estate Investment
Option 2: Real Estate Investment

Applicants may qualify for citizenship through an investment in real estate or approved private home.

Real Estate - Resellable after 7 years
Family of 4

Applicant applying with any number of Dependents

US $400,000

Government Fee

Main Applicant

US $24,000

Main Applicant & Spouse

US $40,000

Each Additional Dependent

Age 18 and over: US $15,000

Under 18: US $10,000
Due Diligence Fee

Main Applicant

US $10,000

Each Additional Applicant Age 16 and Over

US $7,500

Processing Fee

Per Applicant

US $250

Option 3: Private Benefit Option
Option 3: Private Benefit Option

The Public Benefit Option is designed raise capital for projects which can substantially benefit the people of St Kitts and Nevis. Under the Public Benefit Option, the main applicant is required to make a donation of $250,000.

Private Home Sale - Resellable after 7 years
Family of 4

Applicant applying with any number of Dependents

US $250,000

Government Fee

Main Applicant

US $25,000

Main Applicant & Spouse

US $40,000

Each Additional Dependent

Age 18 and over: US $15,000
Under 18: US $10,000
Due Diligence Fee

Main Applicant

US $10,000

Each Additional Applicant Age 16 and Over

US $7,500

Processing Fee

Per Applicant

US $250

Option 4: Private Home Sales
Option 4: Private Home Sales

Applicants may qualify for citizenship through an investment in real estate or approved private home.

Real Estate - Resellable after 7 years
Family of 4

Applicant applying with any number of Dependents

Condominium Unit US $400,000 or

Single-family dwelling home US $800,000

Government Fee

Main Applicant

US $25,000

Main Applicant & Spouse

US $40,000

Each Assitional Dependent

Age 18 and over: US $15,000
Under 18: US $10,000
Due Diligence Fee

Main Applicant

US $10,000

Each Additional Applicant Age 16 and Over

US $7,500

Processing Fee

Per Applicant

US $250

Timeline and Process

Initial Contact

The team will conduct an initial due diligence check on each applicant to assess their suitability for the chosen programme.
A passport copy and utility bill will be required from each applicant.

1
Client Boarding Process
A contract between AIM Capital Partners and the client will be signed.
2
Complete Investment

In order to apply for the Portugal Golden Visa programme, an applicant must complete the investment process prior to the residency application. Our lawyer in Portugal will open your bank account and apply for your tax number remotely. Both the bank account and tax number are required to complete the purchase of your investment. Processing time (3-4 weeks)

3
Submit Initial Residency Review

The team will submit your residency application for an initial review to the Portuguese authorities once all documentation is in order.

4
Appointment with SEF

An appointment with the Portuguese immigration authorities (SEF) will be scheduled for all applicants to submit their biometrics and fingerprints. All applicants must travel to Portugal to attend the appointment. Processing time (6 Months)

5
Submit Residency Application

The residency application will be submitted to the Portuguese authorities once you have attended the appointment at the immigration office.

6
Due Diligence

SEF will carry out due diligence checks on all applicants.
(Processing time: 6 Months)

7
Approval or Rejection

If SEF is satisfied with the application, the unit will approve the application and issue the applicants their new residence cards.

8
Permanent Residency

Investors will be eligible to apply for Permanent residency and citizenship after the 5th year of residency. Applicants must fulfil an average seven day residency per year to qualify for permanent residency and Portuguese citizenship. Applicants will also need to pass a basic language test (A2 language Test) in order to qualify for citizenship of Portugal.

9

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If you have any questions or are ready to start your journey 2nd citizenship journey,
Contact AIM Capital Partners and we will be happy to help.

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