The Portuguese Golden Visa program was launched by the Government to grant residential status to all real estate investors and their respective families wishing to invest in Portugal. This is available to any citizen born outside of the EU. Once the Golden Visa residency permit is granted, you will have the right to:
Work, Live and study within Portugal
Travel freely, without visa, through the 26 Schengen countries of the European Union;
You may also obtain Portuguese citizenship after a period of 5 (five) years, with the same rights of anyone born in Portugal and the European Union;
Right to family reunion in Portugal and the European Union. (Update to follow).
Portugal is considered one of the safest countries to live in the world with affordable quality of life and good health care. Due to this there has been a “dramatic spike ” in recent inquiries for the Portuguese Golden Visa program and “Portugal has proven to be an extremely attractive option, its relatively low cost of living with beautiful landscapes, rich history and culture along with a very high standard of safety and security have all been strong reasons why it has become so popular.
The Process
After making a house purchase or investment, the visa will be approved.
Holders of a Portuguese Golden Visa card are initially given a temporary residence permit in Portugal, which is renewable for two-year periods. After five years, holders of the Golden Visa can apply for a permanent residency or Portuguese citizenship.
While the process isn’t very complicated, it does involve gathering a lot of documentation - both in Portugal and in your country of origin. RG Wealth Solutions skilled Specialists know the local property market and all the required Portuguese immigration laws, not only will we save you time and money we can advise you on the best investments available in the market, Alongside other attractive tax advantages, we are here to help you with preparing documentation, providing in-house legal services and to follow your needs during the whole period of your residency obtained with us.
Those who gain access to Portugal's citizenship by investment only need to spend 35 days in the country, over the 5 years investment to maintain their residency,
For more information, please contact me. I will be happy to help with whatever questions you may have.
Rob.
E: robert.gourlay@holbornassets.com T: (+6) 01151565649 W: www.rgwealthsolutions.com
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