Golden Dragon Portugal Fund: Golden Visa

Golden Visa

New nationality laws

Under the new nationality laws, you must hold your residency card for 10 (ten) years to qualify for a Portuguese passport.

Permanent residency

This is not changed by the proposed citizenship changes.

In Portugal, the rules for obtaining permanent residency have remained consistent and unchanged. Currently, foreign residents can apply for permanent residency after legally residing in the country for 35 days over five years on the wealth migration program.

Requirements for Funds

Must invest a minimum of Euro 500,000
Must be invested through the investor’s Portuguese bank account
No direct property or real estate investments
At least 60% of the fund’s investment must be in commercial companies with headquarters in Portugal. Golden Dragon Portugal Fund invests 100 percent into its investee company.
The Golden Dragon Portugal Fund is within the scope of sub-paragraph vii) of paragraph d) of paragraph 1 of article 3 of Law no. 23/2007, with respect to the provisions of paragraph 5 of the aforementioned article, thus constituting a suitable investment route for the effect of obtaining the so-called Golden Visa, under the aforementioned Portuguese Law
Must be regulated by the Portuguese Government body called the CMVM

The residency clock begins when your residency card is issued

Residency: 35 days over 5 years for permanent status and eligibility to apply for a passport after 10 years

Family benefits of investing in a Portugal Golden Visa Fund

Investors can extend their Golden Visa benefits to their immediate family members, streamlining the application process for both the main applicant and dependents

Eligible family members include

Spouses or partners
Children under 18
Parents over 65 years of age
Dependent children under 26 who are unmarried, full-time students

Benefits for Primary applicant and family members encompass

Residency rights for the whole family, make a legacy investment for 3 generations
After 5 years the option to apply for permanent residency
Full visa free travel access within the Schengen Countries, 29 E.U. countries
Work, study, and public health care rights in the 7th most peaceful country in the World
Access to excellent and affordable private health care
Access to excellent universities across the E.U, many with courses in English
Ability to relocate or start a business in the best country in the E.U. with one of the highest growth rates

Difference between Portugal and Greece on Permanent Residency

Portugal Wealth Migration Scheme

Access to all Schengen Countries visa free
Full work, study, public educational & health rights from granting of residency
Permanent residency after 5 years and / or passport eligibility after 10 years. Only need to be in country for 35 days over 5 years to qualify for permanent residency
Investment can be sold tax free if non-portuguese tax resident
Ease of passing the language test compared to other programs for primary citizenship applicants
Children in Portugal keep their automatic permanent residency status for life once they qualify under their parents

Greece Wealth Migration Scheme

Access to all Schengen Countries visa free
Loss of residency if the asset is sold anytime regardless of permanent residency
Restrictions on work, and health care
Must pay taxes on the investment over its life time
No realistic path to citizenship, must live in country 7 years full time and become a tax resident
At age 18, children in Greece lose their automatic permanent residency status