Launched in 2012, Portugal’s Golden Visa Program offers non-European Union investors a fast track to obtaining a valid residency permit. The visa is initially valid for one year, renewable twice thereafter at 2-year intervals.
Applicants and their families may obtain their Portugal second passport by applying for Portuguese citizenship after 6 years of permanent residency. A Portuguese passport is a prized possession, as the country’s rich history and ease of travel makes this investment program quite popular around the world.
BENEFITS OF PORTUGAL PASSPORT
– Visa-free travel in Europe (Schengen area)
– Live/work in Portugal while remaining the legal resident of another country
– Residency extended to family members
– Citizenship granted in 6 years
REQUIREMENTS FOR PORTUGAL PASSPORT
– Possession of a valid passport
– Documented proof of the source of invested funds
– The investor must not have a previous criminal record
EUR 500,000 in a fund that invests in small or medium sized businesses
Acquisition of real estate valued at
EUR 280,000 (minimum) located in a low population density area;
EUR 350,000 real estate built 30 + years ago (except Porto and Lisbon);
EUR 500,000 to any property in any location (except Porto and Lisbon).
The economy of Portugal seemingly improves daily, now growing at its fastest rate since over a decade ago, largely due to a rise in industrial production. More and more entrepreneurs are gaining Portugal citizenship to take advantage of strong industry growth.
Some of the biggest industries they’re diving into include aeronautics, automotive, building materials and engineering/architecture.
Basic education is free for anyone with Portugal citizenship, with a compulsory age of six to fifteen, receiving a certificate of basic education at the end.
Higher education is found in polytechnics and universities, many of which are high-ranking academic institutions. Students can find degrees in just about any career field as they would in the UK or the U.S.
Homes are selling for great value, but prices are slowly and steadily climbing as the economy bolsters. There’s still value to be had for those who act quick in getting their Portugal passport. On top of that, real estate investors enjoy a solid 5.8% rental yield.
Your average standalone property in Portugal would run about $400,000 with a promising future ROI for those who may decide to sell in the future.
Those with Portugal citizenship will find that the standard for healthcare is very high in both the public and private sectors, now ranking at #14 in the Euro Health Consumer Index (EHCI).
Those with a Portugal passport will benefit from the public medical care funded in part by social security contributions made by working residents. In addition, health insurance can be covered up to 100% under qualifying plans.
Golden Visa of Portugal for investing in Hyatt Residences Lisboa
There are certain limitations on locations when comes to buying residential real estate for those who wish to get Golden Visa of Portugal. But it is totally legal to participate hotel projects even in Lisbon. For example, you may invest in first ever hotel under the brand of Hyatt Regency opening in Portugal and get a Golden Visa of Portugal, according to the Permanent Residency visa rules.
Golden Visa of Portugal for investing in The Riverside Faro Hotel
Located about 7 km from Faro airport, the 4-star signature hotel comprises estimated 133 boutique rooms with luxury details, Gym created for dynamic people, Spa with a relaxed and clean ambiance and a swimming pool to recharge your energy.
Faro is the largest city in algarve region, known for its beautiful historical heritage and its outstanding beaches. The city has all the essential day-to-day services nearby, along with excellent restaurants and tremendous tourist spots to visit.
Hotel will be flagged by an international brand. Developer guarantees buyback and pays IMT. Expected completion date – third quarter of 2024.
CARIBBEAN CITIZENSHIP BY INVESTMENT
Caribbean citizenship by investment is allowed in Antigua & Barbuda, Anguilla, Dominica, Grenada, Saint Lucia, and Kitts & Nevis. Acquiring a second passport in Caribbean countries has many benefits.
CITIZENSHIP BY INVESTMENT IN REAL ESTATE PROJECTS
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.
APEX sells and develops real estate internationally. Learn more about our end-to-end client representation and project management from concept to completion.
Offering a comprehensive suite of financial and advisory services, APEX assists clients in navigating the complexities of international investing.
APEX empowers clients with a range of investment advice, enabling more informed decision-making and the accomplishment of their financial goals.
Founder of Apex Capital Partners Corp.
« Dual citizenship isn’t a political gesture; clients view this as an asset to their business or brand. Citizenship is a tool for doing business, similar to an exclusive club membership, to be leveraged as necessary.»