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Portugal Golden Visa

Portugal, perched on the Iberian Peninsula in Europe, means “warm port” in Latin and celebrated its declaration of independence on June 10th , 1582. It abuts the vast Atlantic Ocean to the west and south and borders Spain to the north and east. Besides the territory of the European continent, Portugal holds sovereignty over the Azores and Madeira in the Atlantic Ocean. Lisbon, the capital of Portugal, has the westernmost point of Europe – The Cape Roca. Portugal Golden Visa, Portugal is a modern industrial and agricultural country with prominent metal refining, chemical, and oil industries, yet it is best known for as a world-leading producer of cork, made from a cork oak. Portugal was an important cultural birthplace in modern western history and became a global empire with Spain during the 16th century. Portugal is a member of the EU, and as one of the world’s developed countries, it is also a founding member of the Eurozone.

Portugal’s Resident Permit for Investment Activities (ARI), also known as the Golden Residence Permit Programme (GRP), came into effect on October 8th , 2012, and was revised again in June and September 2015. The investment requirements allow for the purchase of real estate property in Portugal with a value equal to or above €500,000. There are no type or quantity restrictions on real estate properties; it can be zoned for residential, commercial, industrial, or agricultural use; the investment can be composed of one or more sets of real estate as long the total investment value is equal to or above €500,000.

Advantages of the Project

1 person’s application, benefiting 3 generations, allowed to apply for permanent residence after five years, allowed to apply for Portuguese nationality after six years.
There are no requirements for certification of financial sources, no business background requirements, no educational background requirements, no language requirements, and no age limitations.
Minimal stay period requirements, permitted to work, permitted to conduct business.
Real estate can be sold after 5 years with no effect on the residence, and real estate appreciation rates benefit investors.
Real estate can be leased out to earn rental income.
Visa-free access to the other 26 countries of the EU.
Become a European resident and enjoy the benefits of the European countries.
Non-global tax country, there is no need to worry about the loss of assets. Global asset allocation, safeguard asset from depreciation. Portugal Golden Visa

Application Conditions Main applicant

Purchase real estate property in Portugal with a value equal to or above €500,000.
Must be over 18 years years of age
Must be Non-EU country citizens.
Must provide proof of no criminal record.
Must provide proof of qualifying health insurance.

Dependent applicants (Family Reunification)

The spouse of the main applicant
Children under 18 years old.
Children over 18 years old who are single, studying and financially dependent on the main applicant.
Parents (of both main applicant and spouse) who are financially dependent on the main applicant.

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It is imperative that an overseas candidate applying under any of the Immigration programs is scrutinized to ensure that their education and skills meet the required level of competency in the country they intend to Immigrate to. For this very purpose, Immigration applications have certain assessment stages that individuals must comply with. Overseas qualifications and skills do hold significant value in the international market and are considered an asset.

Immigration procedures demand thorough checks on the education and experience equivalency of the candidate in the foreign country. A strong emphasis is also laid on linguistic skills of the applicant amongst other factors. According the points based system program, which is the most common feature, applicants around the world are evaluated on certain eligibility criteria’s and a score is designated to them. Those with the highest scores are issued an invitation which provides them a pathway for immigration to the desired country.

This step is the pinnacle of the entire process. Candidates who have submitted documents in a timely manner and also complied with the protocol can then travel to their desired country with their family to settle permanently therein. After a legal residence of a specified term, they are also entitled to apply for citizenship in the country by the process of naturalization.