A Massive Opportunity To Investors
Issue May 2021
Discover the one-of-a-kind guide to the Portugal Golden Visa program – the most popular and successful residency-by-investment and citizenship-by-investment visa program in the world.
From its benefits, requirements, investment options, cost and taxes, application process to all the frequently asked questions - it takes you step by step through how it works to how you can apply and get a second passport in Portugal.
A recent research across the international residency and citizenship through investment visa programs, has demonstrated that Portugal is definitely one of the most – if not the most - distinguished countries for Golden Visa investment at this turn of decade.
Astons, an influential immigration firm, declared that Portugal has consolidated its place as one of the leading countries for Golden Visa investment and said that “investors’ interest remains strong across many European countries and this is being driven not only by UK investors keen to overcome any Brexit obstacles but also by American investors due to the political instability of recent months.”.
Highlights
During the period October 2012 - March 2021, the Portugal Golden Visa scheme has yielded €5,764,058,842 EUR worth of investment from 9,625 main applicants and 16,382 family members. Despite the COVID-19 this scheme has proved to be an exceptionally popular and resilient route for investors seeking to gain access to Europe, with Chinese leading the way, followed by applicants from Brazil, Turkey, South Africa and Russia.
As of March 2021, Portugal’s Golden Visa investments for the year amounted to €125 million EUR.
Properties for Sale
Lisbon will be affected by the upcoming changes to the Golden Visa program. Though rejuvenation is abundant in the city, it will no longer be a qualifying location for the Golden Visa investment at the end of 2021. However, there is still plenty of time to take advantage of this uniquely charming city location.
What is the most affordable Golden Visa property for sale in Lisbon right now?
Introducing No.9 Lisbon, Portugal
There are seventeen apartments within the No.9 Lisbon project. Many of the units have already sold out, but there are still around ten available. This prime real estate will not stay on the market long as investors cash in on the potential.
The options available are one-bedroom, two-bedroom, and three-bedroom apartments. The three-bedroom apartments are the two penthouse suites. All apartments provide a spacious living area, modern and sleek design, and furnishings to match.
If you are interested in the No.9 Lisbon project, it’s time to take action. These apartments won’t last long as supply runs low. Prices start at €350,000 EUR and you're guaranteed a rental yield of 5%.
Latest News
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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.
Frequently Asked Questions
1. Can a United States citizen apply for the Golden Visa program and become a citizen of Portugal?
United States citizens may apply for the Golden Visa, as any other qualified applicant will do. US citizens will need to follow the Portugal Golden Visa step-by-step process to submit the Portugal residency application.
US citizens are allowed to hold dual citizenship with Portugal, as well. Therefore, after year 5, you may choose to become a citizen of Portugal.
2. Can I work in UK with a Portuguese passport?
Britain recently pulled out of the European Union, hence, it could be a bit harder to work in the UK with a Portuguese passport. If you were living in the UK before 1 January 2021, you may continue to live and work there. However, you will need to apply to the EU Settlement Scheme for settled or pre-settled status.
If you move to the UK on or after 1 January 2021, new rules apply. The UK has introduced a points-based immigration system that applies to anyone who wants to come to live, study or work in the UK. In many cases this will mean applying for and being granted a Skilled Worker visa before coming to the UK. To be eligible for the Skilled Worker route:
- you must have a job offer from an employer who is able to sponsor your visa application
- the job offer must be at the appropriate skill and salary level
- you must be able to speak English to the required standard