We provide end-to-end solutions on residence and citizenship by investment programs in numerous countries worldwide. Check out our article on the Portuguese citizenship language test for detailed information. Portugal relaxed its citizenship laws in 2006 with the amendment of the Portuguese Nationality Act, approving Portuguese citizenship eligibility for non-EU na… Hi Nguyen, the Portuguese Golden Visa Program allows you to obtain citizenship within the program requirements. Besides investment funds, investors will also be able to apply to the program through an investment in research activities, national heritage, or the creation of jobs. Read our How to Become a Non-Habitual Resident in Portugal Guide for comprehensive information on the program and how to qualify for it. Real Estate Investment. The strategic location of Portugal makes it an ideal business/investment destination for those who looking for access to the European market or want to extend their business across the globe. These include capital transfer, property purchase, fund investment, among others. With New Limits on ‘Golden Visas’ in Portugal, Buyers May Look to Other Markets Residency or citizenship by investment programs are still thriving in Southern Europe and the Cayman … Portuguese Golden Visa citizenship can be obtained by applicants in 5 years. ... that provides a path to residency and eventually citizenship through investment. Get Golden Visa is a full-service investment immigration agency & investment advisory company. You can apply for permanent residence after 5 years and, although it’s not quite the same as citizenship, that’s actually good enough for most people.When applying for citizenship, there are a number of requirements that you have to meet. You have the option to become a non-habitual resident of Portugal and pay little or no tax for 10 years. How long does it take to get Citizenship by Investment in Portugal? Watch this space. What are common nationalities that are interested in the Golden Visa programme and Citizenship by Investment in Portugal? Yes, the Golden Visa program does ultimately lead to Portuguese citizenship. Portugal’s golden residence permit allows you to live, work, and study in Portugal and travel across the European Schengen area without the need for a visa. You can get great returns on your fund investment or real estate investment, especially in cities like Lisbon and Porto. In order to apply for citizenship, there are a couple of pre-requisites, these include: You need to pass an A2 level basic language test (CIPLE) in order to obtain Portuguese citizenship. Portugal is one of several European countries that offers a residency permit to those who invest in Portugal. Looking to obtain Portuguese Citizenship By Investment in 2020? November 13 th 2020 Including Siblings in Saint Kitts Citizenship Investment. 3. 350,000 Euro or more if it is a property in an urban rehabilitation area, 280,000 Euro or more if n a low-density area, Naturalization after five years of residence (Golden Visa Programme), Being a citizen of a former Portuguese overseas territory. These include social security and health care. Portugal citizenship by investment program offers you a safe and secure haven to settle after retirement. Is 2020 still a good year to buy real estate in Portugal? Foreign investors choose the programme for the following benefits: 1) To obtain residency in Portugal 2) A range of investment … Portugal Golden Visa applicants can obtain their Portuguese passports after fulfilling the 35-day stay requirements in five years. Portugal Residence by Investment Program offers visa-free access within Shenghen Zone — get visa-free access to 26 EU states, including Switzerland, Luxemburg, Italy and Germany. Event Details. Call them because it is important to define your requirements first, before jumping into market. I WOULD LIKE TO ASK: PORTUGAL GOLDEN VISA DOES NOT REQUIRE PHYSICAL RESIDENCE IN PORTUGAL. We would be happy to answer any of your questions regarding the process and the market. We use cookies to ensure that we give you the best experience on our website. The Portuguese government introduced the Portugal Golden Visa program in 2012. The most common way to obtain citizenship in any country is to live there for long enough. After I am granted and receive golden visa will I be able to travel to the United States with it? Read our Portugal’s healthcare system guide to learn more. Home » Citizenship by Investment: Portugal’s Golden Visa Program. Portugal has produced streamlined legislation to create an efficient process by which non-EU residents may obtain a residence permit - and citizenship if so desired - based on investment. Portugal Golden Visa Offers Permanent Residence Permit and a Route for Second Citizenship. Portugal citizenship by investment. If you buy a property in low-density areas of Portugal and Evora is one of them, the minimum investment is only 280,000 Euros and not 500,000 Euros. A. Existing programmes are continually updated. November 15, 2020 Important changes in Portuguese Golden Visa scheme that may be applied from January 2021, Lisbon, Porto and coastal will be a restricted areas for real estate … This means that it is an attractive route for South Africans looking to immigrate to Portugal. What Documents Do I Need to Apply for A Foreign Investment Tax Clearance Certificate From SARS? Required fields are marked *. Portugal allows dual citizenship. It’s a way to obtain a second citizenship and passport in another country by investing in its economy. This method of utilising the Portugal investment visa allows you to purchase property(ies) solely or as a co-ownership agreement. UK citizens target Portugal for three reasons: travel rights across Europe, a desirable lifestyle, and ultimately a European citizenship by investment. in the process is there any interview or something like that that requires me to come portugal? Your email address will not be published. Portuguese nationality law permits foreigners to acquire citizenship by a number of methods. To qualify for citizenship further down the line, you will need to maintain Portugal’s Citizenship-by-Investment program is consistently ranked among the top CIP programs in the world and also one that we frequently end up recommending to our advisory services clients. What are the most popular investment types for residency and citizenship in Portugal? These include: No, you cannot buy Portuguese citizenship. Once you are a Portuguese citizen, you no longer need to maintain your investment property, you are allowed to sell the property or hold it and keep their citizenship. By investing in Portugal, and meeting all the other Golden Visa immigration requirements, you can essentially buy a second passport and not just any passport – an EU passport that comes with many, many perks. It offers them various benefits, including: As a citizen in Portugal, you can get access to free health care. This means that for example, you buy a property worth at least €500,000 in Portugal. That’s right. This is one of the first questions we get from our clients. Fortunately, as of 2019, there have been many precedent cases that received their Portuguese citizenship through the Golden Visa program in Portugal. You need to have a clean criminal record. Here’s how it’s done. Investors typically choose to make real estate investments or subscriptions in investment funds or venture capital in order to apply for a resident visa card via Portugal’s Golden Visa. Portugal Citizenship By Investment About Portgual. How to Become a Non-Habitual Resident in Portugal Guide, the investment options for Golden Visa in Portugal, Citizenship by Investment Program of St. Kitts and Nevis Became Even Better, Greece to Offer Considerable Tax Breaks for Foreign Investors in 2021, Malta Officially Updated Its Residency Visa Program, Prima Collection Lisbon Square by Optylon Krea: The Definitive Review, Details of the Portugal Golden Visa program, How the program leads to Portuguese citizenship. Portugal Residence-by-Investment Program 2020 . but golden visa offers residency, not citizenship. Subscribe to the FinGlobal newsletter to receive all the latest news and information regarding our services and South African Expats. Investment Requirements. These countries include the European Schengen Area. This is a special Portuguese visa program designed to attract foreign investment into Portugal. The minimum investment amount is €280,000, which covers your family of four members. Portugal Golden Visa allows entrance to the country without a visa. The situation is more straightforward for EU/EFTA citizens; see our guide to Portuguese immigration policy for EU nationals and family. Let’s take a look at what South Africans need to know about qualifying for and applying for Portugal’s Golden Visa program. The Best Citizenship by Investment Program 2020. Your email address will not be published. Although this year may not have offered you the best of itself but in second citizenship investment world, it was full of good surprises and one of a kind opportunities or even last opportunities. Modern Citizenship by Investment snapshot. While there is no citizenship by investment programme in Portugal, you do have the option of applying for a Portuguese Golden Visa, … route to immigrate from South Africa to Portugal, you will have to make at least one of the investments below, either in your capacity as an individual Posted on 22/09/2020 23/09/2020. You may choose to invest in Portuguese property to obtain citizenship. Between 2011 and 2018, the number of these programmes has risen from two to twelve whereas the attracted investment has leapfrogged from $43 million to $3 billion. Investors can choose to make a property investment, a subscription in an investment fund, or a capital transfer to a Portuguese bank account. Portuguese passport grants his/her holder the right to freely travel to and from Canada, but not the USA. Vanuatu. While still operational, the citizenship by investment program in Cyprus gave you several investment … are a Licensed Financial Services Provider with the South African Financial Are there other residency and citizenship by investment programs available to investors similar to Portugal Golden Visa? As Bahamas Govt. Until 2019, the answer was a big question mark. Keep in mind that while you’re a temporary resident in Portugal, you’ll need to have private insurance. Portugal, on the other hand, only requires the Golden Visa applicants to spend an average of seven days per year in the country for 5 years. THAT MEANS I CAN APPLY FOR CITIZENSHIP AFTER 5 YEARS OF GOLDEN VISA WITHOUT PHYSICAL RESIDENCE. Today, as a member of the EU, it provides an excellent launch pad for anyone wanting to access the 26 countries of the European Schengen Area. Investment Options to get Citizenship in Portugal, Get Golden Visa: Who We Are And What We Do. 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