Image by AdobeStock
Image by AdobeStock
The Portuguese Golden Residence Permit Program or ARI (Autorização de Residência para Actividade de Investimento) enables non-EU citizens to obtain permanent residency in return for a five-year investment in Portugal. We all know that most investment residency programs cost a small fortune and require investors to stay abroad for extended periods, which isn’t always ideal.
Unlike many other Golden Visa Programs though, Portugal’s ARI doesn’t force investors to stay in the country for prolonged periods of time to maintain their residency. On top of short-stay perks, you’ll also be able to reap all the benefits of having EU residency like visa-free travel throughout the Schengen area and many other countries.
There are four main routes to qualify for a Portuguese Golden Visa, which include:
In order to qualify for the Golden Visa Residence Permit Program in Portugal, you will need to make and maintain your investment for a minimum of five years. You will also need to be in Portugal for at least seven days during the first year of the program and no less than 14 days per year from the second year, which is called the stay requirement. Only persons with a clean criminal record are allowed to apply for the Golden Visa Program.
South Africans looking to apply for the Golden Visa will need to submit a range of documents when first applying for the program. Apostil.co.za — a leading document assistance service — asked a number of agencies that specialise in citizenship by investment to ensure South Africans know exactly which documents they’ll need to apply. There are three main, different places you’ll need to get your documents from which include Home Affairs, SAPS, and your bank. You may also have to take a trip to the High Court.
All documents that you submit for your Portuguese Golden Visa application have to be legalised for use outside of the Republic of South Africa. Legalisation can be completed by means of apostille since Portugal is a member of The Hague Convention.
For all your document assistance needs, including obtaining and getting your documents ready for the Golden Visa application process, get in touch with Apostil.co.za today.