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Portugal Golden Visa Program
Background.
Portugal’s golden visa program is a five year residency-by-investment program for non-EU nationals that leads to Portuguese citizenship. It is Europe's most successful residency-by-investment program.

Residency can be granted to not only the main applicant but immediate family members. Golden Visa allows one to have free entry and movement throughout the Schengen Area (26 European countries).

Recipients only need to spend seven days in the first year and 14 days in subsequent years in Portugal (consecutively or non-consecutively). With Golden Visa, one has the option to become a non-habitual resident of Portugal and pay little or no tax for 10 years.
"Portugal offers a high quality of life and high level of security, an international quality healthcare system, and access to excellent international and Portuguese schools and universities."
About the Program
  • Eligible investment options with their monetary amounts are as follows:
    • Capital transfer into a Portuguese bank account (EUR 1,000,000).
    • Investment in research (EUR 350,000).
    • Investment that supports an artistic production or in the recovery or maintenance of national cultural heritage (EUR 250,000).
    • Investment in a private equity or venture capital fund (EUR 350,000).
    • Real estate purchase (EUR 500,000).
New 2022 changes
As of 1 January 2022, Golden Visa will change as follows:
  • Real estate:
    • No more investments allowed in high-density areas such as Lisbon, Porto, and the Algarve, as well as coastal towns like Setubal and the Silver Coast.
  • Capital transfers:
    • Capital transfer into a Portuguese bank account will increase to EUR 1,500,000.
    • Investment in research will increase to EUR 500,000.
    • Investment in a private equity or venture capital fund will increase to EUR 500,000.
Note that applicants have until the end of 2021 to take advantage of the current scheme.
  • Key advantages:
    • Visa-free travel within the Schengen Area and the right to live, work, and study in Portugal.
    • Low physical presence requirement.
    • Attractive taxation system (non-habitual resident).
    • Portuguese citizenship offers visa-free travel to 186 countries around the world with eTA required only for USA travel.
  • Saratoga Capital product offering:
    • Saratoga Capital Portugal Investment 1 (final approval pending).
    • Additional fund option expected in Q3 2021.
To register your interest, please send an email to: investors@saratoga-capital.com.