Portugal Immigration | Uni Immigration Consultancy Ltd.
Portugal
Natural environment, the enriched Portuguese culture voyages of Flemish

About Portugal

Portugal is an associate member of the European Union and NATO. It lies along the coast of Iberian Peninsula in south Western Europe. It shares borders with Spain in the east and north; with the Atlantic dominating the coastline in the west and south. The islands of Azores and Madeira are also part of Portuguese history.


Portugal enjoys a temperate maritime climate with hot summers and wet winters, affected by the Atlantic, Continental and Mediterranean influences. Portugal is divided by the Tagus River, which separates the rugged north from the rolling plains of the South. In the north, the landscape consists of mountains of Iberian Peninsula forests with deep valleys. The South of Tagus River is characterized by wide plains with mostly Mediterranean specie plants including olive trees and vineyards. The central coastline region flourishes with holiday resorts.


Despite the outstanding natural environment, the enriched Portuguese culture voyages of Flemish, French and Italian escalate the attractiveness of Portugal. English and Portuguese are both common languages.


Immigrate Conditions

Golden Residence Permit Program

The Golden Residence Permit Program launched by the Portuguese Authorities in August 2012 allows non-EU citizens to obtain a fully valid residency permit in Portugal through investing€ 500,000 or € 350,000. This resident permit allows the investor to enter and travel freely throughout all the countries in the Schengen area. The investor is eligible for a citizenship application after six years as a resident. At least 3 months is needed to obtain resident status after the completion of property purchase.

Plan A. Acquisition of property € 350,000 or above - for properties more than 30 years old or located in areas of urban renovation.


Plan B. Acquisition of property € 500,000 or above;


Qualifications

    1. Purchase property value not less than €500,000 Or purchase property value not less than €350,000, for properties that were constructed more than 30 years ago or are located in urban areas
    2. Principal Applicant must be above the age of 18
    3. No record of criminal issues (No more than one year sentence is acceptable)
    4. Bear effective Visa
    5. Applicant must be non – European resident

Family Sponsorship

    Your spouse
    Your unmarried child below age of 18
    dependent child and parents of Principal Applicant

Residence Requirement

1st Year 7 days
2nd – 3rd Year 14 days
4th – 5th Year 14 days

Immigrate Required Documents

For Visa application

    2 copies of photos (35mm x 45 mm, white background with color painted)
    Passport
    Working Certificate
    Company Leave Letter
    Bank Bill of previous 6 months
    Household Booklet
    Invitation Letter
    Departure and return air ticket
    Hotel Booking Confirmation
    Travel Insurance

For Golden Resident Permit application

    Passport or Travel Documents
    Schengen Visa
    Birth Certificate (with English translation and double certification)
    Marital Certificate (with English translation and double certification)
    Notarial Certificate of non-criminal Punishment (with English translation and double certification)
    Medical Insurance Certificate (applicable for Schengen )
    Property Investment Contract and Business Registration (Fiscal Number)

Application Procedures


Advantages of Portugal Golden Residence Permit

Global Citizen Identity

    With Portugal permanent residency, one can travel EU member countries freely, eg. France, Germany, Italy and Sweden…etc.
    Holder of Portugal Passport enjoy visa – free around 158 countries worldwide which is the second most convenient after Denmark.

Low Resident Requirement

    Do not necessary live in Portugal. Only require applicant to stay in Europe for 7 days ( must arrive through Portugal ).

Well-developed Education System

    Portugal promotes both public and private education system. It provides 12 years free public education. A diverse culture of American and French style private education is offered in a lower cost compared to England and U.S. Some Private International school would offer A-Level or IB courses in only about 50% fee for similar course in China. Some of them also cooperate with colleague in England, France and Swiss in organizing bachelor degree work.
    Portugal has lots of reputational schools, such as University of Coimbra, Universidae de Lisbona and U.Porto. University of Coimbra has a significant historical background upon 1290, the year it was founded. It has been token symbol of Portugal as one of the oldest school over Europe.

High Medical Standard

    Well-developed overall medical system with high standard.
    Free medication and service provided by public hospital with a shorter queue time.
    Private hospital charged reasonable fee.
    According to World Health Organization (WHO) report in 2011, Portugal ranked 12 in the World Best Medical System. The average lifespan of Portuguese reaches 79.1 years old.

Transparent and simple tax system

    Unlike other European Countries, Portugal does not demand Global Tax
    Tax system divided into National tax and local tax
    Personal income tax accounts 13.2%.

Favorable Public Order with low crime rate

    Portugal is named as one of the safest countries in the world.

Common FAQ

1) What are some examples of taxes Portugal collect?
A:
    Business Profit Tax: 12.5% & 25% (if firm profit exceeds€12,500)
    Personal Profit Tax: 13.2%
    Value Added Tax: 23% in general
 
2) How can applicant handle the application if documents are only available in Chinese version?
A: Applicant can execute an English or Portuguese version at origin residence authorities or onsulado-Geral De Portugal.
 
3) After receiving the permanent residency in Portugal, if the price of invested properties decline to less than €500,000, is it needed for applicant to reimburse additional capital to fulfill the requirement?
A:
    Not needed. The €500,000 requirement is only enforceable at the time the investment is made.
    If applicant would like to invest in properties has a price above €500,000, the minimum initial payment equals to €500,000. Applicants can apply for mortgage or loan for the remaining portion of payment.
 
4) How long does it take to apply the Golden Residence Permit?
A: After the completion of property purchase, residence state could be granted as fast as 3 months.
 
5) How can the permanent residency identity granted?
A:
    Applicant is eligible to apply for permanent residency identity if he holds a temporary residence state for continuously 5 years.
    After going through simple tests or fulfil other requirements, applicants could grant a permanent residency identity.
    1. Portugal governmental education authorities’ qualification or certificate.
    2. Any qualifications or certificates issued by Portuguese Countries authorized educational constitution (should involve attending Portuguese course).
    3. Certificates from IEFP and other recognizing Portuguese Courses.
    4. Basic Portuguese language examination certificate issued by recognizable exam center of education department.
 
6) Would properties renting out be taxed?
A: Yes, it accounts for 28% of rental income.
 
7) Does Portugal collect Global Tax?
A:
    Non-resident not required.
    Resident who live in Portugal for 183 days are required to pay it.
    Even if it is collected, the overall tax rate in Portugal is quite low.
8) Could the property used for mortgage?
A: Any property value over €500,000 can be used for mortgage.
 
9) Is it required to live in Portugal after receive the permanent residency identity?
A: No, it only requires one visit Portugal per year.
 
10) What is Schengen Area?
A:
    Schengen Area is formed under the confederation of Schengen Agreement. It consists of 26 European Countries including Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Italy, Israel, Luxemburg, Netherland, Norway, Portugal, Spain, Sweden, Hungary, Czech Republic, Slovakia, Slovenia, Poland, Estonia, Latvia, Lithuania, Republic of Malta, Switzerland and Liechtenstein.
    Schengen Area not equals to European Union (EU).
 
11) How to visit Schengen Area?
A:
    For China passport holder, applicant needs to execute a visa.
    For HKSAR passport holder, it is visa- free.
 
12) Could principal applicant purchase more than one property in order to reach the €500,000 limit?
A:
    Yes, as long as the total investment reach €500,000.
    For a property valued €1M. It can be used for two application of immigration investment.
 
13) Is it needed to present the notarial certificate of non-criminal if one is holder of other country’s identity card?
A: It should be notarized and authenticated if one has lived in the respective country for more than one year.

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Uni Immigration Consultancy Ltd

Level 19 Two IFC, 8 Finance Street, Central, Hong Kong

Room 507, Greenfield Tower, Concordia Plaza, No.1 Science Museum Road, TST East, Kowloon

Hotline:(852) 2369 2639 | [email protected]