Why you should move to Portugal now
Earn the Golden Visa
Since 2012, Portugal has offered one of the most attractive residences by investment programs in the world. Investors from all around the world have been able to enjoy a beautiful country with their families by making a simple investment. The program is still available albeit with a few changes. In this article, we look at why you should consider Portuguese residence and what changes have happened to the Golden Visa, the best route to Portugal.The benefits of moving to Portugal
There are a lot of European destinations that offer expats benefits, but not all of them are as picturesque as Portugal. It’s also one of the more affordable European expat hotspots. Our clients are attracted to Portugal for its ideal climate, beautiful coastline, and great people. The economy has been growing, and the real estate market is only getting stronger. People choose Portugal because of the lifestyle they can achieve. In Lisbon, a popular major city, there are almost 300 days of sunshine throughout the year and comfortable temperatures. Major cities in Portugal are also very safe. Lisbon has the lowest homicide rate of any European capital city. The country also has some of the best European beaches, urban forests, recreation facilities, and more. Even if you don’t want to live in Portugal permanently, you can still benefit from earning the residence. When you earn Portuguese residence, you earn visa-free travel to many European countries, including those in the EU and Schengen Region. Holding a residence in Europe makes it easier to diversify your portfolio by opening access to international markets and elite banks. The best part is you don’t even have to spend a lot of time in the country to keep the visa, and only they require individuals to stay in the country for two weeks every two years. This visa is ideal for anyone who wants to live abroad or to just diversify their portfolio with the added benefit of the visa.Why you should move to Portugal now
If you are an investor looking to earn European residence easily, the Portuguese Golden Visa is heralded as an ideal route. If you want the advantages above, it can be as easy as a single investment. Below we outline some of the requirements for the Golden Visa. Contact Alpen Partners to act now and earn the Golden Visa. The Golden Visa of Portugal grants residency to investors with little regulation and simple requirements. The Golden Visa is an amazing tool for investors to earn European residency. They have a few options. This is just a summary, so if you are interested in the program, please contact us below, and we can give you more up-to-date information.Significant updates
On October 6th, 2023, Portugal’s government enacted the “Mais Habitação Law,” significantly reforming the Golden Visa program by eliminating real estate investments as a pathway to obtaining a Golden Visa. Despite these changes, the program remains active with revised investment options, such as venture capital funds, job creation, and support for artistic production or cultural heritage. These shifts aim to address housing affordability issues and redirect investments towards broader economic and cultural benefits. Existing Golden Visa holders’ rights remain intact, including renewals, family reunification, and applications for permanent residency. New investment pathways include capital transfers of €500,000 or more in qualifying non-real estate venture capital funds, creating at least ten jobs, and investing in research activities. Additionally, investors can support artistic and cultural development through capital transfers of €250,000 or more, or by forming commercial companies with significant capital and job creation. These changes reflect the government’s intention to diversify investments into areas that can drive broader economic and cultural benefits. The Portuguese government also plans to reintroduce the “Non-Habitual Resident” scheme to attract skilled workers, offering tax breaks on Portuguese-sourced income and foreign income. This scheme, originally launched in 2009, was extended until the end of 2024 for those prepared to move to Portugal in 2023. While the “Mais Habitação Law” has altered the Golden Visa program by removing real estate options, it continues to offer viable investment pathways. Prospective applicants must navigate this new landscape with careful consideration of the revised investment criteria, as Portugal aims to balance attracting foreign investment with addressing housing market concerns. The visa needs to be renewed every two years and only requires holders to stay in the country for two weeks every two years. After five years, Golden Visa holders can apply for permanent residency and citizenship after six years. One of the biggest appeals to the visa is that the applicant never even has to have lived in the country to gain citizenship. So if you want to invest the amount above, you should act today.A message from Alpen Partners
We want to make sure that you can earn the Golden Visa. For years the Portuguese Golden Visa has been the perfect way for investors worldwide to earn permanent residence in Europe and diversify their portfolios easily. This program set an example for other countries and influenced surrounding countries to offer similar programs. Our experts can help you with not only this but all relocation services. If you feel restricted by your investment options or need a new lifestyle, consider obtaining Portugal’s Golden Visa with Alpen Partners. All investments involve certain risks. All investments carry the potential for financial loss, including the loss of the principal amount invested. Past performance should not be viewed as an indicator of future results. Market conditions and broader economic factors can significantly impact the value of investments. Investments in international markets are subject to additional risks, such as currency exchange fluctuations, political or economic instability, and variations in accounting practices. Alternative investments, including but not limited to hedge funds, private equity, and real estate, may be illiquid, speculative, and are not suitable for all investors. The above information should be considered before making any investment decisions. All posts and publications are for your information only and are not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in posts and publications reflect our current views as of the date of the publication and may be liable to change without notice.Interested? Contact us now
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