Is the Golden Visa still available in Portugal? This is a burning question on everyone’s mind. In this blog post, we will discuss the current status of the program, the processing time for obtaining a Golden Visa, and the requirements to apply.
At the beginning of 2023, the Portuguese government announced the suspension of the Portugal Golden Visa program, causing confusion and uncertainty among potential investors.
The original suspension date was set for February 16th, 2023. However, the Portuguese Parliament pushed the draft of the new law for the program, giving investors a temporary window to apply for the program.
The Portugal Golden Visa is one of the most popular residency-by-investment programs in the world, and for good reason. It offers a pathway to Portuguese citizenship and all the benefits that come with it, including visa-free travel within the EU, access to top-tier education and healthcare systems, and a high standard of living. However, the program’s suspension has caused confusion among potential investors.
The Portugal Golden Visa program is still available, despite its suspension date being pushed. The Portuguese government hasn’t provided any official information on when the suspension will come into effect or how long it will last.
But it’s essential to act quickly before any potential changes to the program’s status.
How long is the processing time for Portugal Golden Visa?
The processing time for the Portugal Golden Visa is relatively fast. Obtaining a Portugal Golden Visa usually takes 8-10 months from the preliminary Due Diligence check to receiving the ready residence permit cards.
It’s important to note that the processing time can vary depending on various factors, such as the completeness of the application, the country of origin, and the time of year.
The Portugal Golden Visa program offers numerous benefits, including access to Portugal’s high standard of living, education, healthcare, and security, and a gateway to citizenship in the EU.
Additionally, Portugal Golden Visa holders can benefit from a wide range of tax incentives, including exemption from taxation on foreign income.
To apply for the Portugal Golden Visa program, you need to meet certain requirements. These requirements include investing in the Portuguese economy, either by purchasing real estate or making a capital transfer, and spending a minimum amount of time in the country.
Learn more about the Portugal Golden Visa requirements.
If you’re interested in applying for the Portugal Golden Visa program, it’s essential to work with an experienced and reputable immigration lawyer.
At Golden Port Visa, we offer a comprehensive range of services, including assistance with the application process, Due Diligence, and after-sales services.
Our team of experts can help guide you through the process and ensure that your application is processed as quickly and efficiently as possible.
In conclusion, the Portugal Golden Visa program is still available, and there’s no indication that it will be suspended anytime soon. The program offers numerous benefits to investors, including access to Portugal’s high standard of living and a pathway to EU citizenship.
If you’re interested in applying for the program, now is the time to act. Contact Golden Port Visa today to learn more.