Get a Custom plan for your Portuguese Citizenship process in 3 steps




Select a country
EU flags

How to Invest in Portugal?

Should You Invest in Portugal? What About Portugal's Golden Visa Program?

The Portugal Golden Visa Program is a fantastic investment program that provides several benefits. This program, also known as the Investor Residency Program, is designed to attract foreign investors to invest in Portuguese real estate and other business investments. It’s a great way for foreign investors to gain access to a desirable European country while at the same time having a chance to invest their capital in lucrative opportunities.

EU flags

The Main Attraction of The Program - Convenience

With the Golden Visa Program, investors can invest in Portugal without needing to physically reside there. This means they don’t have to worry about visa applications or other paperwork associated with international residency requirements. Plus, it allows them to invest without worrying about additional taxes and processing fees that may come with investing abroad.

The Golden Visa Program's Cost-Effectiveness and Ease of Access

The minimum investment requirements are €280,000 for real estate investments and €500,000 for funds. And since this is a long-term commitment (five years), you can be sure your money will not just be going into one risky venture but rather into multiple investments that are secure and that are likely to provide return on your investment. Plus, since you don’t need to be present in Portugal during this five years period, you can invest your money from anywhere in the world at any time!

Men using the computer

The Frosting on The Cake

Finally, another key advantage of investing through this investment program is that after five years of residency you will become eligible for European citizenship, more especifially a Portuguese citizenship – which opens up countless opportunities throughout Europe! So if you want an easy and cost-effective way to invest abroad or gain access to some amazing opportunities throughout Europe then look no further than the Golden Visa Program in Portugal!

Is this what you were looking for? Get in touch!


Investing Through the Portugal Golden Visa Program

What Is a Golden Visa in Portugal?

The Golden Visa in Portugal is a program that enables non EU investors to obtain a Portuguese residence permit by investing in Portugal. This allows investors to take advantage of the country's favorable residency laws and opens up opportunities for investors to access the European market and the Portuguese passport.

Every two years they can renew their visa online without needing to visit Portugal which makes the overall process quite straightforward. Therefore, those considering residency in the European Union, particularly in Portugal, should look into the Portuguese Golden Visa programme.

What Options Are Available for Investing in The Portugal Golden Visa?

Qualifying Investment Options for Portugal’s Golden Visa Real Estate


There Are 4 Property Investment Options Available To Investors:

No Building Work Required

€500,000 investment: This is the default option. Any property investment in Portugal (or a combination of properties) costing at least €500,000 will let you and your family qualify for a Golden Visa. While it’s the highest entry price, properties on this option are more likely to be closer to fair market value.

No Building Work Required, Low-Density Discount

€400,000 investment: The same as the €500,000 option except the property must be in a low-density area. Challenging to find a good deal since this is expensive for these areas. Risk of low/zero demand when you want to sell.

Building Work Required

€350,000 investment: A cheaper option in return for refurbishing a property that is 30+ years old or is located in a designated rehabilitation zone. This option requires significantly more paperwork for approval and you’re less likely to find a good deal.

Building Work Required, Low-Density Discount

€280,000 investment: The same as the €350,000 options except the property must be in a low-density area. Challenging to find a good deal since this is expensive for these areas. Risk of low/zero demand when you want to sell.

Available Options for Portugal’sGolden Visa Investment Funds

Obtaining a Golden Visa by investing in a Portuguese Investment Fund is the fastest-growing option.

Take some time to understand your options and get in touch with investment managers and advisors who run these projects, asking about their activity and the maturity of the project.

Check this article to learn more.

How to Start The Process?

  • Lawyers
  • NIF
  • Bank
  • KYC

Portugal's Golden Visa Programme has become increasingly popular for foreign investors due to its flexible requirements, low cost, and residency benefits.

In order to qualify for the program, you must invest in tangible assets located in Portugal. You must also commit to a stay of seven consecutive days, in the first year and fourteen days in subsequent years.

Investing in Portugal is a great opportunity for foreign investors who want to take advantage of its flourishing economy and obtain a second residence permit with access to much of the European Union.

Hiring a Lawyer for Your Portugal Golden Visa

Why Do You Need One?

Investors should consider hiring a lawyer to take care of their Golden Visa process for several reasons. A legal professional can provide expert guidance on the process requirements, such as the minimum investment amounts, the Golden Visa residency permit rules, and other conditions. It is important to understand all of these details in order to make sure you meet the criteria for eligibility and avoid any potential risks.

Additionally, an experienced lawyer can help you navigate the paperwork associated with obtaining a Golden Visa. Furthermore, they can provide valuable advice about taxation issues, tax advantages, legal costs and foreign exchange regulations that may arise during this process.

Finally, lawyers are invaluable resources when it comes to identifying suitable properties or investment funds which will meet your needs and objectives. With their help, you can invest wisely while ensuring full compliance with all applicable laws in Portugal.

What Are Your Options?

Explore the best Law Firms in the market.


Getting a NIF (Portuguese Tax Number)

Why Do You Need One?

NIF stands for National Identification Number and is the unique number assigned by the government to each taxpayer. It is used to identify individuals and businesses, similar to a Social Security or Tax ID number in other countries like the United States. For foreign investors looking to invest in Portugal, obtaining a NIF is an essential part of the process for obtaining a golden visa.

The NIF is needed when applying for tax credits and other advantages associated with the Golden Visa programme, such as access to public services, healthcare benefits, and more. Without it, investors will not be able to take advantage of these benefits. Additionally, it helps verify that all tax laws are being followed when people are investing in Portugal, and helps protect both parties from potential legal risks.

How To Get One?

In order to obtain a NIF number in Portugal, two forms must be completed – an investor’s financial statement (the Ficha de Inscrição Financeira) and a Declaration of Income (the Declaração da Rendimentos). The Ficha de Inscrição Financeira must be filled out by the person intending to invest in Portugal while the Declaration of Income requires information about any income earned or investments made outside of Portugal during that same year. Once these forms have been completed they must be sent via post or fax to the Investor Support Unit (SMF) at Finanças–Administração da Receita Pública. This process generally takes between 4-8 weeks before a NIF number is issued.

Madeira Hack

For those wanting faster processing times, there is a ‘hack’ available called Madeira Hack which allows foreign nationals who intend on investing in Madeira islands within 24 hours of arriving there. However, this method does come with certain restrictions – namely that if you choose this route you cannot invest outside of Madeira island itself and will only receive a temporary NIF until your full application has been processed and approved by Finanças–Administração da Receita Pública.

Regardless of which route you choose, obtaining a NIF is an essential step for any foreign investor looking to invest through the Portuguese Golden Visa program.

Without it, you will not be able to take advantage of all the benefits associated with investing as well as ensuring everything remains compliant with Portuguese law.

Opening a Bank Account in Portugal

Do I Need a Portuguese Bank Account for a Golden Visa?

All the different visa programs in Portugal require you to open an account with a bank in Portugal, so… yes.

There isn’t a huge difference in the user experience of using the different banks. The larger retail banks all have acceptable mobile apps (the private banks, not so much - some are only in Portuguese, for example).

The price is relatively consistent - it will usually cost between €50 and €100 per year to have this bank account open. Some of the banks are amazingly indifferent about opening new accounts to secure new business opportunities, so what tends to happen is your lawyer will default to individual bank managers they already have a good working relationship with and who they know can act quickly and reliably. These individuals are usually situated at one of about six banks.

Bank card

Retail Banks in Portugal

The main players are:

  • BPI
  • Caixa Geral de Depósitos
  • Millennium BCP
  • Novobanco
  • Santander Totta

Of these, we see the majority of traffic going through Millennium, BPI, and Novobanco.

There are others such as Banco Best and BancoBIC but they don’t feature in the market quite so much.

Private Banks in Portugal

The main players are:

  • Banco Atlantico
  • BiG (Banco de Investimento Global)
  • Bison Bank

Other options include Banco Carregosa, Banco Finantia, and Banco Invest.

But they don’t feature heavily in the marketplace.

USA Investors, Take Note!

USA citizens who are investing in a Golden Visa Investment Fund must work with banks that are practicing FATCA compliance.

Although a large number of banks in Portugal meet the requirements, there is only a small number who have committed to actually doing the necessary reporting each year.

Right now, that small number is only these three private banks listed above: Banco Atlantico, BiG, and Bison Bank.

Know Your Customer

  • Why this needs to happen?
  • How does it work?

Investing in Portugal can be a great opportunity, but it's important to understand the legal requirements and regulations.

Who are you

The KYC process generally involves verifying the identity of a customer by examining government-issued documents such as a driver's license or passport. The bank must also verify the investor’s address and other contact details before establishing a relationship with them. This information can be collected physically or through digital means such as e-signatures, video conferencing, or text authentication codes.

In addition to verifying an investor’s identity, banks will also ask questions about their source of wealth and investable assets to make sure that there are no conflicts of interest between them and their customers. Banks may also screen clients for suspicious activities or patterns that could indicate suspicious activities such as money laundering or terrorist financing.

All this information is then entered into a secure database which is used to create a profile of the investor. This profile can be used to ensure compliance with anti-money laundering regulations and identify any potential red flags associated with the customer's activities.

Overall, completing the KYC process helps protect both parties from financial crimes while ensuring that all investments meet regulatory standards. It also allows banks to build trust with their customers by confirming their identities and ensuring they have enough investable funds to cover any losses in case of a fraudulent transaction.

Investing in Real Estate Outside of The Portugal's Golden Visa Program

Best Places To Invest in Portugal

  • Lisbon
  • Porto
  • Comporta
  • Algarve
  • Silver Coast

Investing in real estate in Portugal is a great way to invest your money and take advantage of the country's many tax benefits.

From the capital city of Lisbon to the picturesque Algarve coastline, there is plenty of opportunity for investors looking for lucrative returns.


It has become one of the hottest cities for real estate investments in Europe.

The city boasts an array of luxury apartments, penthouses, and villas with breathtaking views of the Tagus River Estuary. With its wide selection of housing options and its unique blend of modern city living and old-world charm, Lisbon is becoming increasingly popular among both local and international buyers.



It is another great option for investing in real estate in Portugal.

The second largest city in the country, Porto is known for its stunning architecture, art galleries, museums and cobbled streets lined with colorful buildings. It also offers a variety of investment opportunities ranging from office spaces to residential properties. In addition, Porto’s proximity to northern Spain adds additional appeal for those looking to invest in EU countries outside their home countries.



The Algarve region along Portugal's south coast offers some of the most beautiful landscapes anywhere on Earth.

With its white sandy beaches, vibrant fishing villages, world-class golf courses and luxurious resorts it's an ideal location for those looking to invest in property with a view. Its close proximity to Faro airport makes it easy to travel between different locations within Portugal or even abroad if you need more than just a beach holiday getaway.



It is a secluded village located near Setúbal that has experienced tremendous growth over recent years due to its stunning coastal surroundings as well as its new luxury resorts.

Investing in Comporta can be particularly attractive because it allows investors access to prime beachfront property without having to invest huge amounts into purchasing or renting a full-time residence.


Silver Coast

Finally, Portugal’s Silver Coast provides an excellent option for those who want something slightly different from what’s available on mainland Portugal but still want all the convenience that comes with being just two hours away from Lisbon by car or train.

There you will find beautiful stretches of unspoiled coastline dotted by quaint fishing villages and charming towns.

Silver Coast

Other Investment Options

Investing in The Portuguese Stock Market

Portugal is becoming an increasingly attractive destination for investors looking to invest in the Portuguese stock market. While it may not have the same level of visibility as other more popular markets, investing in the Portuguese stock market can still be a profitable and rewarding endeavor.

Investing in Portuguese Government Bonds

It is becoming a popular choice for investors due to its relative safety and attractive yields. These bonds are issued by the Portuguese government, which guarantees their value and pays out the principal investment plus regular interest payments over the life of the bond. It's an especially great option for those looking for a fixed income.

Have You Made Your Decision?

We hope this article was helpful to your decision process. In case you want to learn more about your options, please feel free to contact us.