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.
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