The Portugal Golden Visa Program is still the most sought-after residency-by-investment opportunity in Europe, providing a way to European residency with very few requirements. In most cases, an investor’s ultimate concern is cost. How can one go for the cheapest means to secure the Portugal Golden Visa while actually staying within the limits of the program?
With the recent changes in investment criteria and the exclusion of real estate as an option, many are now looking toward alternative and cheap ways to secure their residency. If you plan to take the affordable route, then this is your go-to guide.
Why Go for Portugal Golden Visa?
Going in further with the affordable options, let us see first why the Portugal Golden Visa from the point of view of international investors is so much in demand:
Minimum Stay:
7 days a year in Portugal.
Schengen Zone Access:
Free entrance to 26 European countries.
Path to Citizenship:
Eligible for Portuguese citizenship after 5 years without requiring any permanent relocation.
Tax Benefits:
Only non-resident income tax on Portuguese incomes and potential “non-habitual resident” (NHR) tax benefits.
Family Inclusion:
One application can also include the spouse, children, and dependent parents.
These advantages make the Portugal Golden Visa a strong alternative to similar programs in Spain, Greece, or Malta. So now let us examine the cheaper ones in detail.
The Cheapest Investment Options for the Portugal Golden Visa
The most economic options up until 2024 are:
Cultural Contribution (€250,000+)
One option under the Portugal Golden Visa that may arguably be considered the cheapest is the donation of €250,000 towards a cultural project approved.
The projects can comprise:
- National heritage.
- Arts, film, and theater projects.
- Restoration of historical sites.
Why Choose This Option?
Minimum Investment Amount:
At €250,000, it is definitely the cheapest available way.
Fast Processing:
The donations are usually processed quickly.
No Financial Risk:
There is no risk of losing your money.
Things to Consider
No Refund:
This amount is a donation, meaning there’s no return on investment.
No Passive Income:
This means no financial growth, unlike investment funds.
Best For:
Investors looking for a fast, simple, and affordable way to settle.
Investment Funds (€500,000+)
In the case of an investment-based pathway, Portugal allows you to get residency by investing a minimum of €500,000 in an investment fund under special regulation. These funds are under the supervision of the Portuguese Securities Market Commission (CMVM) and invest in:
- Technology & Startups
- Renewable Energy
- Healthcare & Biotech
- Real Estate Funds (Indirect investment)
Why Choose This Option?
Potential for Returns:
Unlike donations, investment funds support capital growth.
Diversify Your Risk:
The funds flow in different projects, reducing your overall risk.
Government Regulated:
The funds work under regulation, assuring your security and transparency.
Things to Consider
High Entry Cost:
It requires a minimum of €500,000, so it is double the expense cost of cultural contributions.
Invested Funds:
Funds are likely to be invested for a horizon of 5-7 years.
Best For:
Investors who would like financial returns along with residency.
Research & Development Investment (€500,000+)
Another option under the Portuguese Golden Visa is scientific or technological research. In this case, one would be funding innovation projects in renewable energy, medical advancement, and technology development.
Why This Option?
Supports Innovation:
Contributions will go towards scientific advances.
Government Support:
These projects will fall under Portugal’s innovation agenda.
Embark on Residency Qualification Programs:
Meets the Golden Visa of investment in full.
Things to Consider
Cost Consideration:
One of the more expensive alternatives, priced at €500,000.
Long-Term Investment:
Funds may be tied up for several years.
Best For:
Investors willing to further research-backed growth sectors.
Which One Works for You?
With each being considered, there are advantages and disadvantages when it comes to the individual routes of investment. Here is a summary comparison:
Cheapest Option:
Cultural Contribution (€250,000)
Best for Returns:
Investment Funds (€500,000)
Supports Innovation:
Research and Development (€500,000)
Your decision is based on your budget, financial objectives, and risk tolerance.
For People Choosing Cultural Contribution:
- The cheapest option in Portugal for Golden Visa.
- Prefer an uncomplicated and fast application.
- Do not mind the non-refundable investment.
For People Choosing Investment Funds:
- Wish for possible financial return with introduction to residency.
- Prefer a regulated and diversified investment.
- Able to lock in €500,000 for a minimum of 5-7 years.
Choose Research & Development If You:
- Want to contribute to scientific innovation.
- Afford to lose €500,000.
- Do not need short-term liquidity.
Golden Visa Portugal: The Smarter Choice
Portugal Golden Visa has, despite variations in the investment options, remained one of the most flexible and affordable residency schemes in Europe. Portugal holds cheaper with stronger residence and citizenship pathways for Golden Visa than Spain (€500,000 in real estate) or Greece (€500,000+ in real estate).
- Only 7 days of presence are necessary in Portugal per year.
- One of the fastest tracks for acquiring citizenship in 5 years.
Apart from that, Portugal gives you access to the best health and education services in Europe.
This makes it an ideal option for investors from India, UAE, and the USA intending to set up a base in Europe while being least burdened.
What can FRR Immigration do?
FRR Immigration is assisting investors with obtaining the Portugal Golden Visa selection of the best affordable investment routes. They render services in the following fields:
Expert Guidance:
We analyze cultural contributions, investment funds, and R&D projects in order to guide investment in the best direction.
Trust Network:
The approved fund managers and the cultural project organizers would be introduced.
No Hassle:
We handle all legal documentation, due diligence, and government approvals.
Consultation, Customized to Your Needs:
This investment option will be tailored to fit your goal.
We guarantee the smooth working of applications for Golden Visas for Portugal, enabling you to focus on securing your residency in Europe.
Are you interested in the Golden Visa for Portugal? Please contact FRR Immigration to participate within the most affordable investment routes!
