Why Obtaining an EU Passport Can Save You a Fortune on Education Costs

At Farro & Co, we often speak with families who are planning for their children’s future. One of the biggest concerns is the cost of higher education.

For families with two children, university tuition can easily reach $20,000 to $40,000 USD per child, per year. Over a four-year degree, that adds up to $160,000 to $320,000 USD, not including accommodation or living expenses.

The Portugal Golden Visa program offers a clear solution

By investing €500,000 into a Portuguese investment fund for five years, families gain the right to live, work, and study in Portugal. The stay requirement is only seven days a year. After five years, you can apply for citizenship, and within seven years, hold a Portuguese passport.

Education Benefits

As EU citizens, children study across the EU under the same conditions as local students. Tuition is either free or significantly reduced at many public universities.

– Portugal: €700 to €1,500 per year
– Germany and France: no tuition fees or only a small administrative fee
– Scandinavia: free tuition for EU citizens

Without EU citizenship, a family with two children could spend over $320,000 USD on undergraduate tuition. With EU citizenship, the cost can drop to only a few thousand euros. The savings on education alone can offset the Golden Visa investment.

Beyond Education

A Portuguese passport also gives families:
– The right to live, work, and travel across the EU
– Visa-free access to almost 190 countries
– Access to excellent healthcare and quality of life
– The long-term security of citizenship in a stable country

At Farro & Co, we see the Portugal Golden Visa as more than a residency program. It is a way to secure savings, expand opportunities, and build a stronger future for your family.

If you would like to learn how this program can help with your children’s education and open doors across Europe, our team at Farro & Co would be glad to guide you.