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Overview of the Portugal Golden Visa Program

You can live and work in Portugal once you apply for the Portugal Golden Visa program. The Portugal Golden Visa program helps you get residency in Europe. If you ever wanted to live in Portugal, then applying for the Portugal Golden Visa Program is essential. This program can be confusing and you should discover more through reading this entire page.

You get a residency to live in Europe through the Portugal Golden Visa Program by investing in real estate. It requires a ?500,000 for real estate investment or a lower investment of ?350,000 if the property is more than 30 years old. The real estate can be residential or commercial and it can be rented to anyone to earn you income. You qualify for the Portugal Golden Visa program once you invest such an amount in real estate. However, you need to consider everything required for you to qualify for this residency visa. Portugal Golden Visa program is open to UK citizens now, discover more here.

When applying for the visa you need to have made an investment. Hence, before you apply for the visa, you need to have made the investment three months prior application. The good thing is the company you are using for the real estate investment in Portugal has lawyers who would handle the Portugal Golden Visa application for you. Get more info from this site concerning such companies

A criminal record and medical insurance cover are required when applying for the Portugal Golden Visa program. You would never qualify if these two lack in your application. You ought to have a clean medical record. The medical insurance cover will help take care of bills whenever you feel unwell while in Europe. Your Portugal Golden Visa residency can be renewed if at all you ave bee in Portugal for two weeks in a span of two years. Thus, since 14 days are enough to renew your residency visa then you don’t have to live in Portugal for you to qualify for this visa. Read more about these requirements here.

However, you will need to consider fees accumulated when applying for the Portugal Golden Visa program. A budget is required because when applying you will be charged for the government application fee. you will have to pay for the renewal of the residency for if you have a family tthe main member will pay a higher amount compared to the other members. Again, an investment tax has to be paid. Thus, you should ask the company you are using for the application for the exact amount you need an even the renewals per year. Check out for more here!

September 11, 2021 | Category: Financial | Tag: