Comparing Portuguese Visa Options: The Golden Visa vs. the HQA® vs. the D7 Visa
Portugal is often seen as one of the most attractive options for those seeking residency and access to…
Portugal is often seen as one of the most attractive options for those seeking residency and access to Europe. Unfortunately, many investors only know about the most popular option: the Golden Visa.
At Empowered Startups, we believe that applicants should be aware of their options, including the HQA® Visa and the D7 Visa. All three provide access to Portugal, but they vary significantly in processing time, cost, and requirements.
So, which option makes the most sense?
The answer to that depends on several factors, including personal preferences, speed preferences, and cost.
Whether exploring your options on your own or working with a trusted advisor, choosing a residency program should be based on due diligence. Below is a comparison of the three main visa types: HQA® Visa, Golden Visa, and D7 Visa.
A few sections to note:
- Residency Permit Processing Time: The HQA® Visa’s processing time is typically around 3 months, with many applicants receiving approvals and residency permits in 1-3 months. Golden visa processing can take 2-3 years, due to current backlogs with Portuguese immigration. The D7 Visa commonly takes 6 months.
- Cost of the Visa: The Golden Visa’s investment costs are significantly higher than an HQA® Visa. The lowest investment requirement for a Golden Visa is €280,000 (via qualifying cultural or natural heritage projects), though many investors choose routes that start around €500,000. The HQA® Visa requires an investment of €175,000 in an innovative business and research project.
- Who is the target audience for each visa? The HQA® Visa Program is custom-built for entrepreneurs and business professionals interested in launching a new business in Portugal, or for those looking to make a capital investment. The Golden visa is geared toward investors looking to make a capital investment. The D7 Visa is for financially independent individuals, such as retirees, remote workers, or anyone with a steady, passive income.
Interested in Learning More?
If you’re considering a golden visa but want to learn more about the HQA® Visa Program, you can find further details, determine eligibility, and book an appointment with an expert through Empowered Startups’ HQA Visa program.
