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Portugal Eases Golden Visa Access, Opening Paths for Indian Applicants

Qualified investors gain residency rights, Schengen access, a five‑year path to citizenship.

Overview

  • Portugal has recently revised Golden Visa norms to broaden access, and the programme remains open to non‑EU/EEA/Swiss citizens, including Indians, who are 18 or older with a clean criminal record.
  • Qualifying routes commonly require €500,000 in approved Portuguese funds or a €250,000 cultural donation, with lower thresholds in designated low‑density regions; real estate no longer qualifies for new applicants since October 2023.
  • Business‑investment options include creating 10 new jobs in Portugal (eight in low‑density areas) or investing €500,000 in a company that creates or maintains jobs for at least three years.
  • The application process typically involves obtaining a Portuguese tax ID, opening a local bank account, completing the investment, filing online with SEF, and making a short visit for biometric collection before receiving a residence card.
  • Maintaining residency generally requires 7–14 days in Portugal per year, family members can be included, and holders may seek permanent residency and then citizenship after five years.