PORTUGAL GOLDEN VISA PROGRAM:
The Golden Visa Program/ARI is the fastest and simplest program that provides foreign investors the right to reside in Portugal/ EU and opens a gateway to get EU Citizenship for themselves and their families.
ln accordance with the Act, residence permits to third country nationals, according to the “PROGRAM”, are granted to those who intend to perform, by themselves or through a company, any activity that generally leads to the concretization of at least one of the following situations, in national territory.
Investors can now carry out investment activities through the following ways:
• Capital transfer with a value equal to or above 350 thousand Euros, for purchasing shares in investment funds or in venture capital;
• The purchase of real estate property, with construction dating back more than 30 years or located in urban regeneration areas, for refurbishing, for a total value equal to or above 350 thousand Euros.
• Located in urban regeneration areas where the value of this investment may be reduced by 20% to 280 thousand Euros provided it is made in sparsely populated areas (less than 100 inhabitants per sq.km., or where the GDP per head is below 75% of the national average.)
GOLDEN VISA PROGRAM
The Golden Visa Program is one of the fastest choices for foreign investors or third country nationals to be granted a residence permit, through investment activities conducted within Portugal territory.
By investing only 350,000EUR or above, residence permit holders already have the right to reside in Portugal and enjoy free travel within the 26 nation members of the Schengen zone.
The main benefits of the program are the various choices of investments, fast processing and a minimal requirement for residency. This makes Golden Visa the fastest growing investment immigration program in Europe.
APPLICATION FORM INCLUDES (do as flowchart)
1.Principal Applicant (P/A)
3.Minors or unmarried children who are financially dependent on the Couple
4.Parents of the P/A or his/her spouse that live dependently on the Couple
5.Minor siblings provided they are under the guardianship of the P/A
Be 18 years of age or older, no age limit
Possess a valid passport and reside legally in a country
Investment period for at least 5 years or until the time the investor can get the Permanent Residence card
Comply with the minimum time of staying in Portugal - 1st year: 7 days – 2nd and 3rd year: 14 days –4th and 5th year: 14 days - After the 5th year: the Investor can apply for Permanent Residency or Portugal/EU Citizenship
Permanent residency and citizenship require a basic knowledge of Portuguese language.
Comply with the Health Insurance Policy.
No requirement on management experience.
No requirement on age, language or education credentials to apply for Golden Visa.
Simple process of application.
Quick processing time to receive residence permits.
Various and low choices for investment, only 350,000 EUR++ .
No strict requirement on Source of Funds .
Varying rates of annual return depending on project .
Buyback plan available in certain projects .
Right to live, do business, study in Portugal and/or EU under certain conditions.
Minimum time requirement to stay in Portugal is on average 7 days per year.
Travel freely within the Schengen zone.
Portugal doesn’t charge tax on worldwide income .
Apply for citizenship easily and be granted EU benefits.