According to SEF, Serviço de Estrangeiros e Fronteiras (Service for Foreigners and Borders), 10,442 visas have been issued, and 17,426 family members have benefited from the creation of the Portugal Golden Visa program in 2012. In 2020, the foreign population living in Portugal increased for the fifth consecutive year, growing 12.2% over 2019. This growth resulted in a total of 662,095 foreign residents.

The number of Indian investors has increased considerably in the last few months. The country has made the list of the top 5 nationalities to receive the Portugal Golden Visa in January and February 2022.

Following are the reasons why Indians are applying for Portugal Golden Visa. 

1. Portugal has a good infrastructure, a well-developed healthcare system, and safe living conditions. It’s also surrounded by the safety of the Mediterranean on one side and Spain to its west and north. Additionally, Portugal enjoys a nearly year-round Mediterranean climate, so there are many opportunities for beach vacations throughout the year. All of these factors place the country at the top of quality-of-life rankings.
   
   
2. According to the IMD World Talent Competitiveness Center, Portugal as getting one of the best scores worldwide in 2021. The main reason people are drawn to invest in Portugal is the country’s positive attitude toward international business. Portugal offers access to key markets, qualified human resources, competitive costs, excellent logistical infrastructure, and advanced communication systems.
   
   
3. Portugal’s government has opened its arms to foreigners who want to live, study, and invest in the country. In 2020, the resident foreign population increased for the fifth consecutive year, growing 12.2% over 2019. Additionally, Portugal received Europe’s Leading Destination Award for four consecutive years (2017-2020). This demonstrates the strength of Portugal’s travel, tourism, and hospitality sectors.
   
   
4. The Portugal Golden Visa is an investor visa that allows you to obtain foreign capital to boost Portugal’s economy. At the same time, the investor can obtain European residency in less than a year.
   
   
5. The Portugal Golden Visa is a route to permanent residency in Portugal for non-European Union investors and their family members, including spouse, dependent children up to 25 years old, and the investor’s or spouse’s parents who are economically dependent on the applicant.
   
   
6. The Portugal Golden Visa allows both investors and their families to have access to professional development opportunities in all European Union countries, with the ability to apply for Portuguese permanent residency after five years.