What is the Cheapest Portuguese Golden Visa Option?

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Last updated on February 29, 2024 | Est. Reading Time: 2 minutes

The cheapest way to obtain the Portuguese golden visa is by making a €250,000 donation to a qualifying arts or charitable institution. That’s for a donation rather than investing and, naturally, most people are more interested in investing. Currently, the cheapest way to obtain the Portuguese golden visa by investment is by investing in a venture capital fund that qualifies for the €400,000 minimum (as opposed to the normal €500,000 minimum).

Unfortunately, investing in real estate (which had price points starting from €280,000) is no longer an option as of late 2023. Despite this change, Portugal’s golden visa continues to be popular and for good reason.

One of the main reasons that Portugal’s golden visa is so popular is that it only requires you to spend an average of seven days per year in Portugal and after five years of doing that, you’ll be eligible to apply for both permanent residency and Portuguese citizenship. This is much faster than many other European golden visas, some of which take as much as ten years before you’re able to apply for citizenship

The downside to any golden visa is the cost. For the Portuguese golden visa, the average cost is around €500,000 for the main applicant, excluding any additional fees, which is the typical price of a qualifying property or the amount you would need to invest in a qualifying fund.

So what’s the minimum investment for Portugal’s golden visa?

The cheapest route to the Portuguese golden visa is a €250,000 donation to a qualifying arts or charitable institution. Unsurprisingly, even though this is the cheapest option, it’s not the most popular option as you don’t get your money back at the end of the five years in the same way that you had invested in a fund or other investment.

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James Cave is the founder of Portugalist and the author of the bestselling book, Moving to Portugal Made Simple. He has visited just about every part of Portugal, including Madeira and all nine islands of the Azores, and lived in several parts of Portugal including Lisbon, the Algarve, and Northern Portugal.