Portugal golden visa has become a popular destination for migration in recent years, thanks to its “golden visa” program. The program offers a fast track to residency and citizenship for investors who meet certain criteria.
So far, it has been a success, attracting billions of euros in investment and helping to boost the economy.
In this article, we’ll cover opportunities for Portugal golden visa migration..
The Portugal Golden Visa program, also called the Residence permit for investment purposes – allows eligible investors to get a Portuguese residency permit.
The Golden Visa holders and their families are entitled to live, work, study and travel in Portugal without restriction.
The Portugal Golden Visa is the most alluring program among other European programs. After around 5 years, you are eligible to apply for Portuguese citizenship.
Who may apply for the Portugal Golden Visa Program?
The Portugal Golden Residency Visa is open to non-EU/EEA/Swiss nationals. The main applicant must be at least 18 years old and have no criminal record in either his or her home country or Portugal.
Portugal’s tax benefits make it a desirable location to extend business operations. American business owners can apply for the program and take advantage of the Portugal Golden Visa Benefits.
Since U.K passports have lost their freedom of movement in the Schengen area because of Brexit, British investors are also eligible to apply for the Portugal Golden Visa program and regain EU rights for themselves and their families in the most flexible way possible.
The Portuguese Golden Visa is also excellent for Chinese, Brazilians, South Africans, Turkish, Russians, and Hong Kong citizens.
Hongkongers had special rights in the UK, but since the effect of Brexit, they are turning away from the UK in favor of EU member countries like Portugal, where the advantage of the speed of this program gives them the freedom to travel, work, and study.
The Portuguese Golden Visa is not instant citizenship by investment programs such as Malta’s, but allows you to access citizenship within a reasonable timeframe of five years. Depending on your investment type, you will have the potential for good returns on your investment.
By choosing real estate as an investment, you can generate returns while waiting for citizenship and get your whole investment back upon exit.
At Golden Port Visa, we will assist you to find the ideal property that matches your needs giving you local insights from our Lisbon-based team.