If you wish to immigrate to Portugal and you have regular income from a pension or investments, you may apply for a Temporary Residence Permit
You may get a temporary residence permit if you have regular passive income from your investments and you wish to settle in Portugal. Usually the permit is granted to those who can prove that they have a monthly regular income of at least €1,070.
Your direct dependents may be included in the application.
The Temporary residence permit will be valid for one year, renewable for two-year periods, provided that you still meet the requirements for which it was issued.
After the 5th year of legal residency, you may apply for a permanent residence permit. The PR permit will allow you to live and work indefinitely in Portugal.
To be eligible you may be required to have a place of accommodation in Portugal, have sufficient means of subsistence and some basic knowledge of Portuguese.
After the 6th year of legal residency, you may be eligible for naturalization. To become a Portuguese citizen, you may be required to attend to an interview, show ties to the country, be able to speak Portuguese and knowledge of history, culture and values of the country.
Income from movable property
- Photocopies of a document authorizing the transfer of private capitals to Portuguese banks, issued by the Central bank (Banco de Portugal or an equivalent) of $3,000 per person.
- Document confirming having deposited in Portuguese banks a sum equivalent to at least the the minimum monthly wage of the country of origin
Income from immovable property
- Document of ownership.
- Authenticated photocopies of updated leases and documents proving that the income is deposited in Credit Institutions in Portugal.
Proof of health/accident insurance is required. Holders of domestic insurance without travel insurance need to provide declaration from the insurer that their coverage is valid in all Schengen states equal to 30,000 Euros.
Dual citizenship is recognized in Portugal. You are not required to renounce your previous nationality to become a citizen of Portugal.
SALAMAS Law is here to help you in getting the citizenship above, as well as the permanent residency.
In any event, our team could help to get their customers a visa.
feel free to contact us in order to make the assessment + 961 3 42 41 72