Portugal Golden Residence Permit Program

In order to deal with the debt crisis in Europe, increase employment, and promote the prosperity of Portugal's economy, the Portuguese Immigration Bureau introduced a new amendment draft of the Immigration Law. One of the important parts is the proposed new investment immigration policy. On August 9, 2012, the Portuguese Parliament unanimously passed the draft. According to the law, the new immigration law was formally implemented on October 8, 2012. On October 9, 2012, Portugal officially launched the Golden Residence Permit Program.

 

With the Golden Residence permit program, applicants can purchase a property worth at least €500,000 in Portugal to obtain a Portuguese Gold visa.