How to get portugal citizenship for indian 2022 ?
India citizens are eligible for Portugal Golden Visa residency through buying Real Estate, OR thru a Capital transfer and OR through job creation. This is your chance for Immigration to Portugal. According to Portuguese nationality law, the permanent residence permit leads to Citizenship after 5 years.
India Portugal Golden Visa Requirements?
India Portugal residency requirement
Must be at least 18 years old
Invest in a property/Real Estate €280,000 (Indian INR 2.6 Cr) in Portugal – OR
Creation of 10 permanent jobs – OR
Capital transfer – a minimum investment of €250,000 (Indian INR 2.2 Cr)
minimum stay requirement of 7 days for the first year and 14 days in subsequent years
The Portugal Golden Visa Permanent Residence Programme is available to India citizens. There is growing demand in moving to Portugal from India through Residence Visa.
India, How long does it take to get a Portugal Golden Visa?
India Portugal Golden visa timeline
For an investor from India, the processing time for a Portugal residency visa is between 6 to 7 months.
Application preparation time, decide on investment, Open bank account, Tip to Portugal – 2-3 months
Complete Application, Submit Application and biometrics – 1-2 weeks
Pre-registration, transfer of funds, fees – 2-3 months
Golden Visa residency card is issued
Details on Portugal Residence Visa processing times
India Portugal Golden Visa cost
India Portugal Permanent Residence visa by Investment
In 2021, the Minimum investment amount for Portugal Golden Visa (PR) is typically over €250K (Indian INR 2.2 Cr).
Invest in a property/Real Estate €280,000 (Indian INR 2.4 Cr) in Portugal – OR
Creation of 10 permanent jobs – OR
Capital transfer – a minimum investment of €250,000 (Indian INR 2.2 Cr) – AND
Contribution of €5,082 (Indian INR 5.4 Lakh) – Main Applicant, €5,336 (Indian INR 5.8 Lakh) – Dependents.
Reserve Bank of India (RBI) in its monetary policy review enhanced the remittance limit under Liberalised Remittance Scheme (LRS) to $250,000 per person per year.
Details of Portugal Residence Visa Costs
India Portugal residence benefits
No minimum presence required
Approval of permanent residency in three months
No worldwide tax remittance basis only
Schengen residence card
No Real Estate tax
Certificate or Permanent Residency for life
Visa-free travel within Schengen
India – Portugal PR
Legal amendments in Portuguese law enable non-EU citizens to apply for a Portuguese Residence Permit. This is possible by virtue of Law 29/2012 and Order number 11820-A/2012.
Portugal is an EU country known for its sound political system and fully liberalized market economy. The country is known for its European standard of living and high standards of health care and education. Portugal is a Mediterranean country, which boasts a rich and diverse culture and a Mediterranean climate. Portugal has been a member of the European Union since 1986 and Schengen Area since 1995.
India Portugal Immigration Consultant
EB5 BRICS can help you navigate Portugal Golden Residency Programme through our presence in Portugal in conjunction with our Portugal Legal Partner. Our team speaks English, Hindi, Urdu and Punjabi.
India nationals – Portugal residency FAQ
How long does a India national have to live in Portugal to get citizenship?
As a Resident of Portugal, You have to live in Portugal for 5 years before you can start an application to become a Portuguese citizen by naturalization.
As an India national, how much does Golden Visa Portugal Costs?
The Minimum investment amount for Portugal Residence Visa is typically over €280,000 (24M Indian Rupees).
Tags
Visa