With low investment requirements, a great quality of life, a strong economy, and visa-free travel opportunities, there are many reasons to consider applying for the Portugal Golden Visa in 2023.
In this blog post, we’ll discuss the top 5 reasons to consider the Portugal Golden Visa program in 2023 and why it’s worth considering as part of your immigration plan.
The Portugal Golden Visa program is a government-approved investment program that allows non-European citizens to obtain a residency permit in Portugal by investing in real estate, capital transfer, and creating jobs or research.
The program’s benefits include the opportunity to gain residency and eventually citizenship in Portugal, low investment requirements, a great quality of life, a strong economy, and visa-free travel to over 160 countries.
As an immigration consultancy specializing in the Portugal Golden Visa, we are highly knowledgeable and experienced in the program.
We understand the requirements and process of the program and can provide guidance and support throughout the application process.
While we are biased towards the Portugal Golden Visa, we have the expertise to provide accurate and correct information, giving you the best chance of success in obtaining a residency permit in Portugal.
Our experience and knowledge of the program allow us to provide personalized advice and support, ensuring that your application is completed correctly and efficiently.
Without any further ado, let’s jump into the top reasons why you should consider the Portugal golden visa in 2023.
Residency and Citizenship Opportunities
One of the biggest draws of the Portugal Golden Visa program is the opportunity to gain residency. After five years of holding your investment, you can apply for citizenship in the country.
This can be incredibly valuable for those looking to live and work in Europe or those who want a second passport for travel and business purposes.
Portugal’s golden visa is one of the easiest and shortest pathways for non-EU/ EEA/ Swiss citizens to get European citizenship.
The Greek golden visa will allow you to apply for citizenship after holding your investment for seven years. While the Spanish golden visa gives you the option after ten years (if you don’t have nationality from a Latin American country).
Low Investment Requirements
One of the main benefits of the Portugal Golden Visa program is its low investment requirements. The investment options that are available under the program include:
- Real estate: Investing in real estate is one of the most popular options for the Portugal Golden Visa. The minimum investment amount is €280,000 for properties in low-density areas or +€350,000 for properties in urban regeneration areas.
- Capital transfer: Investing in a capital transfer of at least €1,000,000 into a Portuguese bank account.
- Job creation: Creating at least ten jobs in Portugal can also qualify for the Golden Visa program
- Funds: Investing in Portuguese funds can also qualify for the Golden Visa program.
Compared to other golden visa programs, the investment requirements for the Portugal Golden Visa are relatively low.
Great Quality of Life
Portugal is known for its outstanding quality of life, beautiful beaches, delicious food, and a relaxed way of living. The country is safe, with a low crime rate, and is a great place to raise a family.
Portugal’s economy has been growing steadily in recent years, and the country is now considered to be one of the most stable in Europe.
This can be a great place to invest and start a business and provide a great opportunity for those looking to relocate.
You can travel visa-free to over 160 countries with a Portugal Golden Visa.
This includes the entire European Union and countries like the United States, Canada, and Australia. This can be incredibly valuable for those who frequently travel for business or leisure.
Overall, the Portugal Golden Visa program is a great option for those looking to gain residency and citizenship in Europe and offers a lot of benefits to those who qualify.
With low investment requirements, a great quality of life, a strong economy, and visa-free travel opportunities, it’s easy to see why this program is so popular.
If you’re considering a golden visa, Portugal should definitely be on your list of options.