Portugal is ranked 5th in “The Best Countries to Comfortably Retire.” This ranking is based on estimates of people 45 and older. All interviewed consider themselves as “upper class.”
Portugal comes behind Spain, Australia, New Zealand, and Switzerland. However, most of these countries are not accessible due to the Covid-19 restrictions, and one is described as “terrifyingly expensive.” So, the specialists settled on the fact that the real choice is between Portugal and Spain.
The key criteria for assessment were:
- Affordability
- Safety
- A favorable climate
- Friendly environment
- The well-developed public health system
- Respect for property rights
It is important that one of the major draws of Portugal is a “relatively low cost of living and retirement tax laws that have made retirement in the country easier for expatriates.” However, Portugal has many other advantages as well. And Portugal Golden Visa is just your gateway to this new life with boundless opportunities.
Benefits of the Portugal Golden Visa
1. The fastest way to get European Union citizenship (for your family and you)
2. Visa-free access to the Schengen area and the right to live, work, and study in Portugal
3. Low stay requirement (only 7 days a year)
4. Relatively affordable investment options
5. Beneficial tax regime (NHR) for 10 years
6. 100% return on investment with preservation of Portuguese residency (for some options)
7. Minimum investment from €250,000. Or €280,000 (for real estate)
8. Family members can be included in the application
9. Great international and Portuguese schools and universities
10. International quality healthcare clinics and hospitals
11. No Portuguese language test (no need to know Portuguese language)
12. Portugal is one of the most favorable countries for business
13. Live in a safe country with affordable living costs and high quality of life
How can you get Portugal Golden Visa?
There are many investment options for Portugal Golden Visa.
- Investment in real estate
- Investment in funds
- Business investment
- Investment in government stocks
Note! From January 1, 2022, changes to the Portugal Golden Visa came into force!
From the beginning of the new year, residential properties can be bought only in low-density regions. At the same time, commercial properties can be accessed anywhere in Portugal. The
prices have also changed. And this also applies to other investment options (except for the art-donation and setting up a Portuguese company with 10 new employees).
So, what do we have now?
- Investment by capital transfer is €1,500,000
- Investment in research activities is €500,000
- Investment by capital transfer for the acquisition of units of investment funds or venture capital funds, designated for the capitalization of companies is €500,000
- Investment in existing Portugal-based business is €500,000,
So, if you are interested in living in Portugal and if you want to get Portugal residency by investment (Golden Visa) do not hesitate to apply for a free consultation to Migronis!
And if you want to get Portuguese residency, do not hesitate to apply for a free consultation!
