RF Global Migration

Portugal Golden Visa

Why Portugal Golden Visa? An Easy Way to Remarkable Migration

Portugal, one of the oldest European nations, is situated in Southwestern Europe on the Iberian Peninsula. However, modern Portugal is a highly developed country in the world with the 12th highest quality of life , is one of the most globally integrated and peaceful countries. The country is a member of the Schengen Agreement, the Euro-zone, and the European Union.

Being a member of NATO, the OECD, and the United Nations on a global scale made it a safe and peaceful country to live in. The legal structure for the Portugal citizenship by investment scheme was initially established by updating Act number 23/2007 on July 4, 2012, commonly known as the “Golden Visa”.

The Portuguese government amended Immigration Law 29/2012 on October 8th to allow non-EU citizens to get a temporary EU residence permit for a period of up to five years in exchange for investments in Portugal’s real estate. The new rules provide non-EU citizens with a quick and easy option to get a five-year residence permit for real estate investing.
A residence-by-investment opportunity that benefits non-EU citizens is the Portugal Golden Residence Permit Program (also known as the Portugal Golden Visa Program). Successful applicants get a residence card, automatically entitling them to live and work in Portugal as well as visa-free travel within the Schengen region of Europe.

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Eligibility Criteria

With a property purchase of a minimum of 280.000 euros, you will be eligible to get a Portugal Golden visa, and after five years, you will be a Portuguese citizen. There is no compulsory relocation to the country other than a minimum travel requirement of 7 days a year. Successful applicants are eligible to travel to all 26 Schengen countries visa-free. Family members with dependents, such as a spouse and dependent children The primary applicant’s parents and/or adult children are qualified if they can demonstrate their financial assistance. Decree- Law No. 14/2021, issued by the Portuguese government on February 12th, 2021, proposed legislative amendments to the Golden Visa that would go into effect on January 1st, 2022. The regions in which you can buy residential real estate to qualify for the Residency Visa are limited by the amended regulations for Portugal’s Golden Visa Program investment possibilities. The new law prevents the purchase of residential investments in Lisbon, Porto, and the Algarve (coastal areas). Only the interior of the country and the autonomous regions of the Azores and Madeira are currently considered qualifying locations for residential real estate.




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