GET YOUR GOLDEN VISA
Living in Portugal
According to the Portuguese Border Service (SEF), 2019 has seen almost €500 million invested in just seven months. Investment by Brazilian nationals under the same scheme was up by almost 42% in 2019. Applications from Chinese investors have fallen over the past year, in comparison to 2018. Countries with most investors for the programme include China, Brazil, South Africa, Russia and Turkey. In 2019, we have recently received an influx of many Hong Kong residents looking for a second citizenship in Europe to provide security against the ongoing unrest.
GOLDEN VISA IN PORTUGAL
ADVANTAGES OF THE GOLDEN VISA PORTUGAL
Easy and transparent process
Free circulation in the Schengen Area
Clear path to European Citizenship
Cheaper than other European alternatives
Applicant’s immediate family will also qualify
Very short Stay Requirement in Portugal
Option to maximize efficiency in your tax affairs for 10 years
Security of a second residency in a safe and stable country
Have the freedom of opportunity for you and your family
Same-sex (LGBT) couples in Portugal can apply for the GVP, and have all the same rights as heterosexual couples. The children of gay couples are also eligible for residents as dependents.
GVP holders can live in any country you wish. The only requirement is to spend an average of seven days a year in Portugal to maintain your Golden Visa status.
WHO CAN APPLY FOR GVP
Under the Golden Visa in Portugal (“GVP”) program, a person not from the European Union (EU), European Economic Area (EEA) or Switzerland, can make a qualifying investment in Portugal and be granted a Portuguese residence permit for themselves and immediate family members.
These are the nationalities that suits in as applicants:
Hong Kong
China
Brazil
Turkey
South Africa
Russia
America
HOW TO CHOOSE WHICH TYPE OF INVESTMENT FOR GVP
Real Estate is the most popular option of investment for the Golden Visa Portugal program with over 92% of applicants selecting this route. The minimum investment is €500,000, which must be made on any type of property or in any number of properties and anywhere in the Portuguese territory. As an investor, you have a number of options from off-plant developments, new-builds, used the residential property as well as commercial office space.
There may also be opportunities for renovation projects. This Golden Visa route requires an investment of €350,000 into a ‘renovation project’ (that is a building that is more than 30 years old or in an area of urban redevelopment). These projects are harder to come by due to stringent legislation and high demand, however, they make incredible investment opportunities. Note that all planning permissions and permits must be in place before a property can qualify under this Golden Visa investment route.
Once the investment has made it's time for submitting the application, Portugal Lifestyle can help you from sorting a list of real estate until the Golden Visa is applied.
Once the Golden Visa is issued, the applicant will just have to wait five years and be able to apply for permanent residency and citizenship in Portugal, really an easy happy process.
WHY US
Portugal Lifestyle have offices in both Hong Kong and Portugal that our direct connection with Portuguese experts who familiarize themselves with the market and different regions in the country. Decide what cities and what neighborhoods clients are considering. The property value can fluctuate significantly from one area to the next, from one side of the street to the other, or even between floors in apartment blocks.
We can meet you at any of your preferred time in Hong Kong, and provide a tour guide to you in Portugal consistently.