Travel objectives and Portugal real estate opportunities for entry visa to Europe

Posted On Aug 31 2020

Portugal travel objectives, real estate options and entry visa for 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.

The initial application is now submitted online, including copies of the supporting documentation. After the request is approved by Serviço de Fronteiras e Estrangeiros (SEF), you will have to appear in person for an interview. Initially, the interview would take place in the district where the investment was made. Nowadays, however, SEF will allow you to book the interview in any district of your choice. This change has helped reduce the waiting time overall, especially in the more popular districts such as Lisbon and Faro. At the end of year 4, another renewal process takes place. It is virtually identical to the process at the end of year 2.

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 350,000€ (three hundred and fifty thousand euros) for investing in research activities conducted by private or public scientific research institutions involved in the national scientific or technological system. Read additional details on Portugal’s golden visa is the best way to move to Europe.

The Portugal Golden Visa program has proven to be the most popular scheme in Europe with investors attracted to its flexibility and benefits. Launched in 2012 the investor visa program has been actively promoted internationally by the Portuguese government. An investment of €500,000 (or €350,000 reduced option) in real estate in Portugal will gain a residency permit for a family including dependent children. The golden visa can be renewed every two years providing the applicant spends two weeks in the country every two years.

As well as being able to experience the Portuguese lifestyle for yourself, the Golden Visa scheme will also provide you and your family with the opportunity to explore the rest of Europe and discover all that it has to offer. Those enrolled in the scheme will benefit from the following: Low minimum stay periods (7 or more days in first year and 14 or more days in subsequent years). After 5 years you will have the possibility of obtaining permanent residency or citizenship and a Portuguese passport. Find extra info on here.

Last Updated on: September 22nd, 2020 at 3:56 pm, by

Written by Petrescu Dan