Portugal has become the preferred destination for international investors looking to relocate to Europe. Portugal is a beautiful country, with a wonderful climate, great food, and a very safe environment. The country is developing rapidly and offers various incentives and benefits to encourage foreign investment the fields of high tech, technology, tourism, and real-estate.
Portugal is known for it's welcoming attitude to foreigners, and offers several naturalisation paths for foreigners, one of these is the Golden Visa program, or “Residence by investment” program, which allows foreign nationals and their families to rapidly obtain a residency permit in the Euro zone. The residency status is received in approximately 90 days, and allows for free passage through European countries, subject to the Schengen Agreement.
Initiated 7 years ago, the visa by investment program is actively promoted by the Portuguese authorities and is by far the most popular among the different citizenship by investment and residence by investment programs that are currently offered throughout Europe.
The Portuguese golden visa program is especially
attractive for the following reasons
A low investment requirement of 280,000 Euro compared to 500,000 or even 1 million Euro required in other GV programs
Expandable to additional family members without additional investment requirements
The Applicant and their family can get a permanent residence permit after 5 years, and citizenship after 6 years
A low minimum stay requirement of 7 days during the first year and 14 days over the two years that follow.
No dual citizenship limitations
Portugal’s economy is stable and growing, and many high yield investment opportunities are available
A Euro-zone residency permit which allows the investor and their family to move freely within Europe
These are just some of the reasons that the Portuguese GV has attracted over 7,000 investors from all over the world
A Golden Visa is a smart safety net for varying reasons, be it for business people who want to save time traveling between countries, or some form of instability in ones country of residence
The process is simple
Gaining a Portuguese golden visa can be obtained through real estate investment in Portugal, or by investing in a business activity in Portugal:
A relatively low investment requirement beginning at 280,000 Euros, much lower than other GV programs
Expandable to additional family members without additional investment requirements
The Applicant and family can get a permanent residence permit after 5 years, and citizenship after 6 years
Low minimum stay requirement of 7 days during the first year and 14 days during the two years that follow. For comparison, the Greek GV program requires 180 days of stay to eventually be eligible for citizenship.
No dual citizenship limitations (residency and not citizenship)
Portugal’s economy is stable and growing, and many investment opportunities with high yield are available
Honest business environment for foreign investors
In order to obtain citizenship, the buyer must hold the property for a period of at least six years, or exchange it with another property carrying the required investment value throughout the period.
A Golden Visa grants residency status from the moment it is issued, allowing you to live and work in any country of the European Union.
The cost of applying for a Golden Visa in Portugal:
The cost of the process consists of government fees and legal costs for handling the application.
In addition, the process involves paying the following tolls: Government fees and tolls (as of 2019)
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