Travel tours and Portugal real estate options 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! Is permanent residence required? Many investors from South Africa, Lebanon, Russia, Saudi Arabia, Egypt, Libya etc. have not the intention to move out of their home country immediately right now. But they are looking for a Plan B in case of an unexpected event or emergency. They are searching for an option in case of revolution, social unrest or any other emergency situation. Another investor visa, for example, Malta, Italy and Switzerland are imposing a permanent physical presence for granting the residence permit. Not Portugal. That’s the reason why Portugal is so attractive for all investors looking for a Plan B.

Will the changes impact existing investments? Existing investors will be “grandfathered” into the old rules. However, there are two uncertainties: What the cutoff date will be for being granted the Golden Visa according to the old rules. What stage of the process you need to have reached when the cutoff date comes around. Regarding the cutoff date, even the end of the year (December 31, 2020) now seem unlikely. My guess would be late 2021, but it could be sooner or the rule change may be permanently changed. Your residence card will allow you to travel freely within the Schengen countries (you also need to bring your passport), without applying for any visas.

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. See additional information at Do you want to have freedom get the golden visa today.

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. See more information at this website.