Reasons To Invest In Golden Visa Property In Portugal
Are you a non-European looking forward to investing in the European country efficiently? If yes, then look no further than Golden visa property Portugal. The program offers a fast-track method for non-European investors to revive a residency permit in the country alongside other attractive tax advantages.
It is defined by law as allowing one to increase their assets productively. The concept of the 280k Golden Visa in Portugal has been around since 2012. It was structured to enable non-EU citizens the right method to gain a residency permit in exchange for a six-year real estate investment.
Reasons You Need To Invest In Golden Visa Property In Portugal:
Not only has the Golden Visa program allowed many individuals to live and work in the area, but it has also done wonders for the local economy as well. The idea was proposed when the country was going through an economic recession.
However, when the concept was implemented, it helped the economy boost through the economic depression and allowed many non-Europeans to find profit. Sources have claimed that up to six billion euros have been invested in Portugal since the scheme was launched.
It is one of the most popular citizenship by investing programs available in Europe and the works.Moreover, it makes accessing extremely affordable property easy as well.Moreover, Portugal is also considered one of the safest countries to live in as here you will find an affordable quality of life and good health care. Furthermore, by investing in such property, you will access a great transportation system and internationally recognized universities.
Those who have managed to gain access to Portugal's citizenship by investing need to only stay here for fourteen days in the country, either intermittently or consecutively, within each two-year visa period.
They will also acquire all the benefits of being an EU resident. Some of them include getting an unlimited visa-free journey and the option to live, work and study in Portugal.
How do you obtain EU Residency?
The Portugal 280k Golden Visa program was significantly launched by the government so that they can grant resident status to all real estate investors and respective families to think about investing here. This is done through real estate investments. Moreover, this particular factor is available to any city outside the EU. Once you obtain the Golden Visa Residency permit, you will have the rights to the following benefits.
● You may continue to reside in Portugal during the whole duration of your visa.
● You may continue to work, live, study within Portugal.
● You can travel freely without any visa through the 26 Schengen countries of the European Union.
● You will also obtain Portuguese citizenship just after living five with the same rights as anyone present in the European Union or Portugal.
● You will obtain the right to have a family in Portugal and the European Union.
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