8.- For how long is the golden permit valid?
The golden permit is valid, initially, for one year and then it is renewed every 2 years.
9.- How long does it take for the golden permit to be issued?
When the initial application is complete, the permit is issued in 72 hours. However, please allow a few more days for complete processing.
10.- Are there any requirements to renew the golden permit?
In order to renew the permit, the applicant must fulfil the initial conditions when the permit was issued: ie, maintain an investment of € 1,000,000; create 10 jobs; be the owner of real estate valued at € 500,000.
11.- Is reunification possible?
The following family members are eligible for reunification: spouse; children under legal age (18); children of legal age if single and studying in a Portuguese institution; sponsor’s or spouse’s parents (if they depend on the sponsor): younger brothers under the sponsor’s custody.
As regards the reunification of sponsor’s or spouse’s parents, evidence must be produced to prove that the parents do not have the financial resources to support themselves.
12.- Are there any costs involved?
Yes, there are three main costs:
a) A processing fee for application and renewal: € 513.75 (plus € 80.04 per family member);
b) Initial Permit for applicant or family member: € 5,137.50;
c) Renewal of Permit: € 2,568.75.