Portuguese Golden Visa Program enables non-EU individuals, along with their dependent family members, to obtain the right to reside in Portugal and the right to travel within the Schengen Zone.
You may benefit from Portuguese Golden Visa Program by means of a real estate purchase with a minimum value of EUR 500,000:
In this investment option; a real estate should be purchased for a total value of Euro 500,000 or above and the investment should be maintained at least for 5 years. The respective real estate may be used for either residential or commercial purposes. Investors may also lease out the properties or prefer to purchase from one of the selected rental guaranteed projects.
Considering the investment value, income guarantee and wide variety of investment alternatives, the capital Lisbon is the most preferable city in this option. Real estates in Lisbon are generally classified in 3 different locations and features; Lisbon city center, Cascais holiday town where is located 30 km from the city center, and unique projects located at various distances around Lisbon.
With the popularity of Portuguese Golden Visa Program entered into force in late-2012, Lisbon has become an attractive destination for investors from all over the world. A real estate investment with a value of EUR 500,000 or above in Lisbon provides permanent residency and citizenship in Portugal, and also offers tremendous business and life opportunities for foreign investors.
Investors who maintain the investment for a period of 5 years have right to apply for Portuguese citizenship and passport along with their dependent family members.
Investors and their dependents must have no criminal record.
The minimum stay requirement is only 7 days in the first year and 14 days in the subsequent 2 year periods. It is therefore possible to benefit from this program without becoming tax resident in Portugal.
For more information, please contact us.