Portugal is interested in receiving more money in investments throughout the country. As a result, they have created a program that makes it easy for investors to take up residence in their country. This program is called the Golden Visa Scheme and is something that every international investor should know about. This program is very flexible and is among the best residential programs in the world. In this article you will learn why many foreign investors are utilizing this program and why you should consider joining them.
Portugal wants their economy to improve, so they have enacted this generous program for investors. They hope that you will help generate capital for their country in exchange for allowing you to easily invest in their country.
There are numerous benefits to Portugal’s Golden Visa Scheme. The most obvious and perhaps greatest benefit is how little you have to stay in the actual country. You only have to stay one week in the country (7 days) in order to stay in the program. You also have to stay 14 days following periods of 2 years. It’s amazing how short of a time you have to spend in Portugal. This is almost unheard of in other visa programs. To invest in the country, all you have to is go on a short vacation!
You won’t have to go on your 7 day trip alone either. Portugal’s Golden Visa scheme allows you to take your entire family with you. Yes, this program allows you to take any number of family members to Portugal at any time of the year. That’s not all though. This program allows you to travel to all of the European countries that are members of the Schengen area. This means that you can travel to nearly any European country that you want. Many investors make great use of this incredible feature.
If you are interested in becoming a citizen or living in Portugal, you will be happy to know that this program will allow you to become a resident in 5 years and a citizen in 6.
These features are nice, but when it comes to investing, how lenient the country is towards your portfolio of investments is vital to your success. Luckily, Portugal has a very hands-off approach. You are free to invest however you like, and they will have very little involvement in your affairs. Unlike other countries, they don’t have any stake in your investment. You own your investment completely and can reap all of the rewards.
Of course, the primary goal of investing in Portugal is to make money. However, making money is nearly useless if most of it is taken away. Luckily, Portugal provides significant tax exemptions for foreign investors in their country. There are many ways that members of the Golden Visa Scheme program can greatly reduce the amount of taxes that they have to pay. In other countries, you have to give away a significant portion of your money through taxes. This is far from the case when you invest in Portugal.
When you are in Portugal, you have access to employment opportunities. They also don’t put any limits on what you can own. You are free to purchase things such as a house and a car. You also have access to Portugal’s high-quality healthcare and education. If you have children, they can attend Portugal’s schools without any resistance.
When you apply for the Golden Visa Scheme program, your application will be approved very quickly. You won’t have to waste many months waiting for the country you are investing in to approve your visa. To qualify, you must invest in either capital (1 million euros) or property (500,000 euros). Alternatively, you can create ten jobs in portugal.
The great thing about the Golden Visa Scheme is how simple it is. Unlike other programs, you won’t have to stress about breaking the agreement. There isn’t a ton of fine print, and there are very few documents required in order to apply. You don’t have to worry about hiring a lawyer in order to decipher legal jargon. A straightforward visa scheme is rare so many investors enjoy the simplicity of this program.
Every investor should look into Portugal’s Golden Visa Scheme. It’s an offer that is too good to refuse for an international investor. It is unlikely that any other country will provide a program this good anytime soon so we encourage you to seize this excellent opportunity. There is great money to be made in Portugal. They want you to succeed and create new jobs in their country so they are doing everything in their power to make things easy for you. As you can see, the Golden Visa scheme has many benefits so you would be foolish to pass up on this opportunity.
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