Travel objectives and Portugal real estate offers for Visa to Europe? Why live and invest in Portugal ? Because is one of the major touristic attractions of Europe and the perfect retirement home! How do I get a Golden Visa for Portugal? Who is eligible for Golden Visa? Only Non-European Union Nationals can apply for a Golden Visa. EU nationals are not admitted to the Portugal investor visa program. The investment must be maintained for 5 years. Investors must stay in Portugal for at least 7 days in the first years, and at least 14 days in the subsequent 2 years. That’s a super and unique advantage for investors living in insecure and unstable countries.
Usually, you complete the application through your lawyer, and it can take up to 6 months for approval. It is technically possible to do everything on your own, but I wouldn’t recommend it. If you want to bring along your family members, their application is submitted simultaneously. A processing fee of €532.70 is paid for the first applicant and €83.10 for each of the remaining family members. When your application is approved you pay an approval fee of €5,274.40 for each applicant. After ten to twenty days, you should receive your residency card valid for one year.
In order to be eligible for the scheme you must conduct an investment activity either as an individual or a company set up in Portugal or another EU Member State, meet the time requirements above and do one of the following: Make a capital transfer of at least 500,000€ (five hundred thousand euros), for purchasing shares in investment funds or in venture capital geared to capitalize small and medium companies that, in turn, must present a feasible capitalisation plan. Discover extra info on Do you want to have freedom get the golden visa today.
That’s why, when writing this extensive handbook about the Portuguese Golden Visa, I enlisted the help of Alexander Dumont dos Santos—an independent lawyer with several years experience assisting clients with their Golden Visa applications. I’ve also met with dozens of professionals, including fund managers, real estate developers, lawyers, and immigration consultants—all in an effort to identify the best available paths to Portugal’s Golden Visa, and keeping this article up-to-date.
Initiated in 2012, the Portuguese Government’s Golden Visa Scheme has reportedly seen nearly 5 billion euros already invested into the country and over 8,000 third country nationals granted temporary residence permits (14,000 people if you take into account their direct dependents). It is easy to see why it has been so successful as Portugal, with its warm climate, gorgeous beaches, fine cuisine and laid-back attitude, remains an extremely attractive proposition for those looking to live, retire or invest abroad. See additional details at this website.