The Portuguese Golden Visa program is a program providing citizenship by investment in real estate properties. The system was launched in October 2012 and has become one of the most successful citizenship programs in the world by investment programmes. Non-EU citizens are clearly expected to retain the investment for 5 years. After 5 years, investors and family members are granted a permanent residence status, and then qualify to become Portuguese citizens after 6 years ( 1 more year after being awarded PR status). Applicants are given a “golden visa” after making the real estate investment which allows visa-free travel to the entire EU before the applicants wait for their PR status after 5 years. Portugal is a part of the European Union so this process allows you to become part of the EU as well.
Pursuant to Portuguese Nationality Law 37/81 of 3 October 2006, amended by Decree Law No. 322-A/2001 of 14 December, Article 6, the Government shall grant the Portuguese nationality by naturalization to foreigners who fulfill the requirement to be legally resident in Portuguese territory for at least five years.
Portugal’s passport ranks sixth most strong in the world. This provides visa-free travel to more than 172 countries. In every country in the European Union, Portuguese passport holders have the freedom to learn, work and stay.
After acquisition of real estate with a valuation of €500,000, the Portuguese Golden Residency Permit will be issued indefinitely for an initial term of one year, and will then be extended for a total of five years with two successive terms of 2 years. The holder can apply for a Permanent Residency Permit after the five years have elapsed.
The Canada Start-Up Visa (SUV) Program is an immigration pathway for entrepreneurs who want to start an innovative business in Canada. It allows eligible applicants to obtain permanent residency by securing support from a designated Canadian organization such as a venture capital fund, angel investor group, or business incubator.
To be eligible, applicants must:
Have a qualifying business idea
Obtain a Letter of Support from a designated organization
Meet language requirements (CLB 5 in English or French)
Show sufficient settlement funds
Intend to actively manage the business in Canada
No. Prior business ownership or management experience is not mandatory. However, applicants must demonstrate the ability to actively participate in building and operating the proposed business in Canada.
Processing times vary, but on average it can take 24 to 36 months to receive permanent residency. Timelines depend on application completeness, background checks, and IRCC processing workloads.
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