Do you want to have freedom get the Portugal golden visa today plus real estate offers and travel places? Why live and invest in Portugal ? Because is one of the major touristic attractions of Europe and the perfect retirement home! What is Portugal’s Golden Visa Program Definition & History? The Golden Visa Portugal is an investor visa program designed to attract foreign capital and business people in exchange for residency and, after 5 years, citizenship. Portugal launched the Program 2012 and by today the program attracted more than 4,4 billion EUR and more than 7200 investors. 95% of this amount has been invested in real estate. The applicants must invest in real estate for at least 500’000 EUR for 5 years. The majority of applicants are coming from China followed by Brazil, South Africa, Turkey, Russia and Lebanon.

What to do about the uncertainty? So where does that leave you in case you were planning on investing in Lisbon, Porto, or along the coast? First off, this is the place where I remind you that nothing you read in this article is legal advice. So start off by asking your lawyer for his or her opinion. In the meantime, here’s my personal take: If you’re in the process of purchasing a property, go ahead and complete the transaction and submit the GV application as soon as possible. If it’s not so important for you to invest in real estate, consider the €350,000 investment fund route instead.

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 more information at https://www.idealhomesinternational.com/services/golden-visa-portugal-residency-portugal-property-for-sale-portugal-real-estate-portugal_458.

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.

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. Discover extra information on https://www.idealhomesinternational.com/.