Choosing Portugal for the post-pandemic chapter of your life
The coronavirus crisis has caused unprecedented damage across the globe and changed life how we know it. But as the vaccine roll-out continues, and people across the globe set their sights on returning to a sense of normality, we can begin planning our future.
Many people across the globe will be vying to start a new chapter of their lives after the pandemic.
For some, the appeal of leaving everything behind and moving to a new country will be firmly in their thoughts.
But where should people choose to relocate?
Without a doubt, one of the dream destinations with a huge amount of appeal is Portugal. And with its Golden Visa program, it offers an abundance of incentives for people looking to begin a new chapter of their lives.
This is a residency by investment program so in order to qualify a potential investor is required to first make an investment into the country – the most popular route is through real estate. The program offers a real estate investment route to gaining residency and potential citizenship in the country and hence European citizenship.
It was launched by the Portuguese Government all the way back in 2012 to encourage investment into Portugal and has since encouraged several billion Euros in real estate investment and more than 2,000 family applications each year.
Of course, investors purchasing real estate in the country face taxes, stamp duty and other fees. However, the Golden Visa program offers excellent tax benefits for those becoming a resident.
Sun, sand and tax benefits. What better incentive to begin the next chapter of your life here?