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Golden Resident Permit

We at Portugal Elite Property can help businessmen and investors wishing to gain a foothold in the lucrative European Economic Community Schengen area through Portugal’s new “Golden Resident Permit” opportunity.

With the simple investment of a minimum €500,000 ($685,000) to purchase a Portuguese property we can facilitate immediate access to those markets across the European Economic Community.

Portugal Elite Property offers a one-stop service to purchase the property and help complete all the legal and bureaucratic documentation necessary to obtain the Golden Resident Permit once the acquisition is completed.


All property types qualify—Residential, Commercial, Land, Business( Hotels, Warehouses, Factories, Olive Oil, Wine, etc)—we at Portugal Elite Property can offer you a wide choice right across the spectrum.


Holders of a Golden Resident Permit essentially have a Portugal Resident Permit which allows them access to all 26 countries in the Europe Schengen area without the need of any additional visa, and can also enjoy long term residency in Portugal, a country with low wages, sunshine, cheap rents and dozens of direct flights daily to major European destinations.

The Schengen Area functions as a single country without passport and immigration controls at their common borders and functions as a single country for international travel purposes with a common visa policy.

The Golden Resident Permit is originally issued for one year and then renewed for successive periods of two years, provided that the requirements of the investment activity as well as the minimum stay periods in Portugal are maintained.



Portugal Elite Property can hand you the key to this Gateway to Europe, with our all-inclusive package offering residency for investors.

Already, according to London’s Guardian newspaper, the Portuguese foreign ministry says that 356 residence permits have been granted to investors, including 279 Chinese, 16 Russians, 10 Brazilians and nine Angolans.

The opportunity to access these markets is proving so attractive to Chinese buyers in particular that one lawyer alone is processing 10 applications a week from Chinese families.

We at Portugal Elite Property can oversee the entire process for you, from commencement to completion, and deliver you and your company into the mainstream markets of the European Economic Community.


The Golden Resident Permit

Holders of a Golden Resident Permit essentially have a Portugal Residence Permit which allows them access to the Europe Schengen area without the need of any additional visa and can enjoy long term residency in Portugal. To apply for a Golden Resident Permit, there needs to be proof that the applicant has made a purchase of ANY type of real estate in Portugal of at least €500,000. The Golden Resident Permit is originally issued for one year and then renewed for successive periods of two years, provided that the requirements of the investment activity as well as the following minimum stay periods in Portugal are maintained.


Key Benefits of a Golden Resident Permit

  • Flexibility to reside outside of Portugal even after the long term residence permit is granted. An investor can have Portuguese residence if he spends a minimum of 7 days in the first year of residence in Portugal, and 14 in each of the following 2-year periods. There is the possibility of permanent residency after year 5 and nationality one year later.
  • Free to travel in the European Union and Schengen countries. Golden Resident Permit holders need not apply for a visa to travel to Europe anymore.
  • The applicant may apply for family reunion visa to have family members also granted a Portuguese Permit. This will allow families to live, study, travel and work freely in the entire European Union.
  • The applicant is entitled to Portuguese citizenship. After 6 years of official residence, the applicant can request a Portuguese Passport.
  • Education, social assistance and medical are free in Portugal.
  • With a Portuguese residence permit, any future applications for residence in another European country will be easier.

Portugal - Invest in a new lifestyle

Portugal has been a member of the European Union for 26 years and forms part of the European Monetary System, using the European single currency. In 2010, the European Consumers Choice Awards rated Lisbon (capital of the country) as the "Best Destination 2010” and in 2011 it was voted one of the 42 cities in the world with the best quality of life, by the Worldwide Quality of Living Survey 2011. Portugal is also one of the best countries for buying a house, because it has clear and transparent tax rules and offers facilities for obtaining residence permits, as part of new legal provisions that are more attractive to foreign investors.  We at Portugal Elite Property hope to provide you with up-to-date and reliable information, produced by official organisations, on all relevant matters to help you make a decision.


Conditions of the purchase of property for Golden Resident Permit application

The purchase of a property to attain a Golden Resident Permit can be done under the following conditions:

  • The applicant needs to invest in a property (or properties) that are a sum total of €500,000 or more.
  • For joint ownership, each joint owner needs to invest in property equal to or above €500,000.
  • Through a promissory purchase agreement, subject to a deposit equal to or above €500,000.
  • The property might also be used for leasing or commercial, touristic and agricultural purposes.
  • Buyer can apply for financing for the purchase provided the first €500,000 is remitted as downpayment.

The purchase of a property must have been made at the time the application for the residence permit is presented and must be maintained for a minimum period of five years from the date the residence permit is granted. The properties acquired must be free from any charges or mortgages.


Portugal Property How to Choose the Right Real Estate

How to Choose the Right Portugal Real Estate for You

Portugal Real Estate has been attracting investors from different parts of world.  

Portugal is not only a perfect place for those looking to live close to nature, but also for those who are seeking for opportunities to grow their trade. However, a major decision like this needs to be deliberated thoroughly. Your investment can turn into a burden if the property will not prove right for you.

Why Buy a Property in Portugal

Portugal is a region in the southernmost part of Europe. For example the Algarve It is not just any region, but the third richest in the country. About 10 million tourists spend their vacation in Algarve each year. The town of Lagos in particular, are popular for its gorgeous beaches, verdant pastures, and spectacular historical sites.

The climate is mild, with infrequent rains during the period from December to March. Summer is when all the fun begins, with most holiday-makers spending their time by the shore. Restaurants are in every corner, serving a wide range of delectable cuisines and wines. Luxury golf courses, nightlife, shopping centres, and supermarkets surround the residential areas.

Factors to Consider When Buying Portugal Real Estate

Portugal Property for sale is not limited to homes, villas, and apartments. There is a Portugal Real Estate for any budget and specification. To find the right property to buy, it will help to consider the factors below.

  • Security. Portugal is an economically stable country. There are instances of inflation, but the real estate industry remains strong. This may attribute to minimal crime rates and low cost of living. Jobs are offered from different sectors—tourism, fishing and aquaculture, manufacturing, etc. A significant portion of the population is content at working from home. Whether you are looking for a property to turn into rented accommodations, to resell for a higher price, or to make your home, you will never go wrong with Portugal property for sale.
  • Budget. Portugal Real Estate prices are lower compared to real estate prices in other European territories. But before you look for a specific property to buy, you need to set your price range first. It can be easy to get persuaded by sales talk from a real estate agent. A little more than your target price will not hurt, but once you go beyond your price range, you may not know when to stop. Stick to your budget to avoid the risks of a financial trouble.


Specifications. Determine the specifications of the property you want to buy. Look ahead in the future, and decide what you will use the property for. The number of rooms you need, the size of the kitchen, or the style of the house should be planned well. Portugal Real Estate websites can help you find the property that fits your description. You can also use a Real Estate agent if you are not comfortable about finding a property on your own. Nevertheless, you should check for his or her background first.


Contact us for more information
Phone: + 351 282 769 150   •   Email:   •   
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