By investing and buying property in Portugal, you will be able to receive a golden visa.
Benefits of obtaining Portuguese residency by purchasing property
With the golden visa program and obtaining a Portuguese passport, the government provides the possibility of residence for all investors and their families in Portugal. Buying a property in Portugal along with a golden visa of this country comes with the following benefits:
- Stay in Portugal for the entire duration of the visa
- Work, live and study in Portugal
- The possibility of traveling freely to the 26 Schengen countries of the European Union, without a visa
- Obtaining permanent residence and citizenship of Portugal after 5 years
- The possibility to accompany the family in Portugal and the European Union.
Holders of the Portugal Golden Visa Card are granted temporary residence in Portugal for two years, which can be extended for another two years. Until the end of year 5, golden visa holders can apply for permanent residence or Portuguese citizenship, if all other legal requirements are met.
This type of visa has three tariffs.
- Properties with a price of only 280 thousand euros
This type of property is 30 years old antiquity and is usually located in border areas with low population. However, it should be noted that the Portuguese government plans to renovate these properties and after that you can purchase and obtain a golden visa. Note that this type of method takes a lot of time.
- Properties with a price of 350 thousand euros
With this tariff, you can buy residential or commercial property in all Portuguese cities except Lisbon and Porto.
- Properties with a price of 500 thousand euros
This tariff is completely similar to the previous tariff, but with the difference that you can buy your residential or commercial property in the two cities of Porto and Lisbon.
Necessary conditions for buying property in Portugal
Portugal Golden Visa Program requirements may vary depending on the level of investment, however, the investor is required to comply with the following:
- Preservation of real estate capital for a period of 6 years
- Funds must be brought into Portugal from abroad.
- A valid document for entry and legal residence in Portugal;
- No bad criminal record;
- Stay in Portugal for at least one 14-day period, consecutive or alternating, in any 2-year visa period.
Who is eligible to reside in Portugal by purchasing a property?
All non-EU citizens who are a business person or through a company established in Portugal or in another EU member state can carry out investment activities. Investment should be made personally or through a legal entity that has certain conditions. But in any case, the investor must meet the conditions of physical presence for 14 days
After buying a house in Portugal, apply for the Golden Visa program before applying for permanent residency. In this case, you can take your family members, including your wife and children, to Portugal with you. In certain circumstances (as long as you can show that you support them) you can even take your parents or your spouse to Portugal.
It should be noted that from zero to a hundred processes
- Buying property
- Document transfer
- Property visit and
- Obtaining a golden visa
For the applicant and the main client attachment, it is done by our expert and expert lawyers who are native to Portugal. These types of property expert lawyers are not just a consultant who are limited to one city, automatically have access to all the cities that actually have a good profit and in terms of residential and business, they have access to all over Portugal and they also guide you according to the amount of capital of the clients and the investment goal, for example, which region has more economic growth, which regions are better for buying residential houses, which house with which square footage is better or which The property is more suitable for buying and renting, and its conditions will help you.
In terms of time, this process and investment and obtaining the Portuguese golden visa takes about 6 months, of course, it depends on the number of family members, the amount of the applicant’s capital and your purpose of purchase.
On the other hand, we suggest properties that you can use for business by buying these properties, or you can rent them, or we guide your loved ones who are planning to live until the time of obtaining a citizenship card, getting insurance, registering in a school and university next to you. Dear client, if you are planning to start a business, there are lawyers in our team who will guide you.
