Portugal golden visa program has been a hot topic of discussion for many years now, and with the 2023 deadline looming, it’s only becoming more popular. If you’re considering applying for this program, you’ve come to the right place!
Here, we’ll discuss all the details of Portugal’s golden visa program—what it is, who is eligible, what benefits are available, and how to apply.
Portugal is quickly becoming one of the most popular places to retire. With its temperate climate and beautiful beaches, it’s no wonder why so many people are choosing this European country as their retirement home.
But there’s much more to Portugal than just the weather and landscape; it’s also a great place to live for those looking for an affordable lifestyle with plenty of amenities.
You can expect a high quality of life with low costs. This means lower taxes and access to excellent healthcare services at a fraction of the cost compared to other countries.
There are plenty of activities available year-round, from exploring stunning coastal towns to trying out traditional Portuguese cuisine.
Benefits & requirements for Portugal golden visa
The Portugal Golden Visa program is a great way for non-EU citizens to obtain a residence permit in the country.
This visa provides many benefits, including a path to citizenship, the ability to live and work in Portugal and travel freely around Europe, and access to tax incentives.
Requirements for this visa include having at least €280,000 available for a investment in Portuguese real estate.
The process can take up to ten to twelve months from application submission to obtaining the visa.
The benefits of this program are numerous and make it an attractive option for those looking to gain permanent entry into Europe. To mention a couple:
- Low cost of living
- Free high-quality education
- The fastest way to EU citizenship
- The 3rd safest country in the world
To be eligible for the Portuguese golden visa, you must meet the following requirements:
Any non-EU/EEA/Swiss national can apply for the Portugal golden visa.
You’re at least 18 years old
You have a clean criminal record from your home country, as well as from Portugal
You invested at least in €280,000
The Portugal Golden Visa 2023 program doesn’t lack investment options. But its real estate investment is the most popular route when applying for the golden visa, is a powerful plan B option combining a second residency and a second home.
The peace of mind of owning a real asset in a growing market where both rental and commercial demand currently outstrips supply.
Learn more about Portugal’s golden visa investment options.
One of the most attractive benefits for business people is the generous tax benefits. The Non-Habitual Resident (NHR) program provides tax advantages to those moving to Portugal.
In sum, the Portugal golden visa 2023 is an excellent opportunity for investors and entrepreneurs who wish to obtain a residency permit in the EU.
It offers unparalleled access to the European market and numerous tax benefits. Moreover, it is a secure investment that can be made without a permanent relocation.
The program has been steadily gaining popularity among investors and new-age entrepreneurs. Portugal’s golden visa has also increased its number of successful applications. It seems the applications will keep increasing for 2023.