Portugal Golden Visa Specialists

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Investing in Portugal Golden Visa 280k Properties

Affordable Property for Sale in Portugal

If you’re looking to invest in Portugal and obtain a Golden Visa, you may be interested in the 280k properties available. 

The Portugal Golden Visa 280k properties program allows foreign investors to purchase real estate in the country and obtain residency permits. This program is an excellent opportunity for individuals and families who want to live, work, or retire in Portugal.

To qualify for the Portugal Golden Visa 280k properties program, you must invest in a property that costs at least €280,000. 

This investment must be made in a low-density area of the country or in a designated urban rehabilitation area. 

The Portugal Golden Visa 280k properties program offers several benefits, including the ability to live and work in Portugal, access to high-quality healthcare, and a high standard of living. 

Allows investors to travel freely within the Schengen area and provides a clear path to permanent residency and citizenship. If you’re interested in investing in Portugal and obtaining a Golden Visa, the 280k properties program may be an excellent option for you.

280k Property Investment Option

If you are interested in obtaining a Golden Visa in Portugal, investing in a property is one of the most popular ways to do so. 

While most properties that qualify for the Golden Visa program cost €500,000 or more, there is a reduced cost option available for €280,000. This option is only available for properties located in low-density areas that require rehabilitation.

Eligibility Criteria

To be eligible for the €280k property investment option, the property must meet the following criteria:

  • The property must be located in a low-density area.
  • The property must require rehabilitation.
  • The investment must be made in the form of a purchase.
  • The investment must be made through a Portuguese financial institution.
  • The investment must be maintained for a minimum of five years.

Process

The process for investing in a €280k property for the Golden Visa program is similar to the process for investing in a property that costs €500,000 or more. Here are the steps involved:

  1. Find a property that meets the eligibility criteria.
  2. Hire a lawyer to assist with the purchase process.
  3. Obtain a Portuguese tax identification number (NIF).
  4. Open a bank account with a Portuguese financial institution.
  5. Transfer the funds to the Portuguese financial institution.
  6. Complete the purchase process and register the property in your name.
  7. Apply for the Golden Visa program.

Timeline

The timeline for obtaining a Golden Visa through the €280k property investment option is similar to the timeline for obtaining a Golden Visa through other investment options. Here are the estimated timeframes involved:

  • Property search and purchase: 2-3 months
  • Golden Visa application processing: 5-10 months

It’s important to note that the timeline may vary depending on individual circumstances and the efficiency of the Portuguese authorities involved in the process.

Affordable Property for Sale in Portugal

Benefits of the 280k Golden Visa

If you are a non-EU/EEA national looking to invest in Portugal, the 280k Golden Visa program offers several benefits. Here are some of the advantages of the 280k Golden Visa:

Reduced investment amount

The 280k Golden Visa program allows you to obtain a temporary residence permit by investing a reduced amount of €280,000 in Portuguese real estate. This is significantly less than the €500,000 investment required for the traditional Golden Visa program.

Property options

There are several property options available for the 280k Golden Visa program. You can either purchase a property that you would live in or use as a second home, or a property that you would use as a rental

Investing in commercial property can be an appealing option for those who want to obtain the Golden Visa in the most hands-off way possible.

Family members included

The 280k Golden Visa program allows you to include your family members in your application. This means that your spouse, children, and dependent parents can also benefit from the program and obtain a residence permit in Portugal.

Investment returns

Investing in Portuguese real estate can offer attractive returns on investment. Portugal’s real estate market has been growing steadily over the years, and the country’s popularity as a tourist destination has also increased. This means that investing in Portuguese real estate can offer both rental income and capital appreciation.

Visa-free travel

The 280k Golden Visa program allows you to travel freely within the Schengen Area without the need for a visa. This means that you can explore Europe without any restrictions and enjoy the benefits of being a resident of Portugal.

In summary, the 280k Golden Visa program offers a reduced investment amount, several property options, the inclusion of family members, investment returns, and visa-free travel within the Schengen Area.

Portugal Golden Visa renewal time

Conclusion

In conclusion, the Portugal Golden Visa program offers a great opportunity for investors to obtain residency in the country by investing in property.

The €280k property option is a particularly attractive option for those looking to invest in a low-density area or a rehabilitated property.

Before investing in a property, it is important to do your research and ensure that the property meets the criteria for the Golden Visa program. This may involve engaging a lawyer to ensure compliance with legal requirements.

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