From January 1, 2022, the conditions for obtaining a Golden Visa of Portugal for investing in a special fund are changing. The lower threshold for investment will rise from 350,000 to 500,000 euros. At the moment, it is virtually impossible to have time to open an account in Portugal in order to use this option on the same terms. Nevertheless, investment in the fund compared to the purchase of real estate for the Golden Visa program will be more profitable in terms of associated costs. Since it carries a lower tax burden. Real estate or fund option applicant must make and maintain a qualified investment for five years.
A golden visa will need to be extended extend after the second and fourth years. 5 years after obtaining a Golden Visa of Portugal, you can apply for permanent residency, but you will need to show knowledge of the Portuguese language (level A2).
So how does it work? You may choose from the authorized list of investment/venture funds. They regularly undergo special check and must undergo audit known contractors such as PWC, EY, etc.
The fund will invest a maximum of 40% in international listed companies, through a carefully selected portfolio of stocks, or ETFs.
The fund will invest a minimum of 60% in Portuguese non listed Commercial companies that offer a solid cash flow generation or significant assets and potential growth. These companies include commercial real estate companies specialized in the acquisition and management of real estate assets.
For application on Golden Visa, it will be necessary to confirm the absence of a criminal records and obtain a medical certificate valid in Portugal.
It would take about 10-12 month to get that Permanent Residency visa (card) aka Golden Visa and be allowed to use it. The first stage is to open an account with a Portuguese bank and receive an individual tax number. Here is when you must undergo compliance procedure. It will take about 2 months for immigrational service (SEF) to check all the papers and make a decision. All could be done remotely but investor and his dependents must visit Portugal by appointment to do biometrics. And then it’ll take 8-9 more month to issue a Golden Visa cards and send it to the investors and his family address.
Please note that to the declared investment amounts government fees will be added and the cost of legal accompanying the process of obtaining of Golden Visa.
For investors we offer a wide range of Citizenship by Investment Programs to choose from. Please, contact Apex Capital Partners to get more information and ask personal questions. You can get free consultation from Apex Capital Partners on the program of Citizenship of Turkey, Portugal’s Golden Visa. As well as Cyprus, Caribbean (Citizenship of St. Kitts and Nevis, Dominica, Grenada, Saint Lucia, Antigua). Ask your question – email@example.com, firstname.lastname@example.org
If you are a private banking specialist, a family lawyer, or work as a financial consultant in Middle East, Africa, China or any other region of the world, do not hesitate to contact Apex Capital Partners and become a partner, a part of our strong professional network. APEX has all the main local agent licenses to work with Citizenship by Investment Programs, including all key Caribbean CIPs. Please contact – Armand Tannous, email@example.com
Caribbean citizenship by investment is allowed in Antigua & Barbuda, Anguilla, Dominica, Grenada, Saint Lucia, and St. Kitts & Nevis. Acquiring a second passport in Caribbean countries has many benefits.
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The experience of Apex Capital Partners with the real estate market allows us to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.
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