Portugal’s golden visa program is one of the most attractive and sought-after programs in Europe and the world. In this post, we’ll explain how you can take advantage of the current state of the world and the latest real estate changes for the Portuguese residency program.
If you’re looking for a permanent residency or citizenship to escape the financial oppression of your country, expand your business to an active market, or secure your family’s future with a powerful passport.
The pandemic of the previous two years and the current conflict between Russia and Ukraine have taught us that anything may happen in our world at any time.
Many people are eager to find a safe refuge in a different nation experiencing worrying circumstances.
Every time we speak with a client from another country, we learn why they chose to apply for the Portugal Golden Visa.
Everything depends on the choices this second passport affords them. Even just considering transferring can make things difficult when there are so many Golden Visas programs available. However, we are aware that clients frequently confront the following difficulties:
- Obtain a Schengen visa.
- Taking their money outside the nation.
- Opening a bank account abroad.
- A residency status allows you to live, work, and study in a safe country.
- If the value of your native country’s currency falls, having all of your assets, investments, and savings there puts you at more risk.
Retirees, rich businesspeople, families, and other types of residents are increasingly choosing Portugal as a place to settle down for an extended period of time.
Portugal provides fantastic weather, high levels of security and safety, low cost of living, a laid-back way of life, and top-notch healthcare.
The Portugal golden visa gives you all of these. Learn more about the Portugal golden visa benefits here.
Portugal residence is easy to obtain, but there are certain crucial details to be aware of before choosing your route.
If neither you nor your partner is an EU/EEA/Swiss citizen, you can use the Golden Visa program to settle in Portugal.
Two things are absolutely necessary for investing: money (at least €280,000 for the cheapest real estate path), and a clear criminal history.
Portugal provides a wide range of investment opportunities that are Golden Visa eligible. However, our clients’ residency through real estate investment is the most appealing because they could make money from rentals while awaiting citizenship.
You won’t need to waste time looking for investments in real estate. To begin the procedure, you do not need to travel to Portugal. We take care of all the paperwork so you can concentrate on the important things.
For many people seeking residency, becoming Portuguese citizens is the ultimate goal. Before you may apply for citizenship, you must maintain your temporary resident status for five years.
The right time to invest in Portugal
After falling to a five-year low, the euro is now equal to the dollar for the first time in twenty years. The moment is now to consider investing in inexpensive assets denominated in euros.
Portugal had a significant spike in tourism during the pandemic and grew stronger as a result. During the most recent recession, tourism grew as Europeans avoided traveling to far-off places and focused more on what they had at home.
Portugal may be just the place for you if you’re looking for a safe haven, a second home, or a new beginning.