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Portugal’s Golden Visa program has been gaining remarkable traction since it started, back in October 2012, capturing the attention of foreign investors seeking not only an interesting financial investment but also a gateway to European residency, and all its associated benefits/advantages.

With its blend of economic benefits, lifestyle advantages, world recognized safety, and a strategic location within the European Union, the Golden Visa program has become an increasingly popular choice for those looking to secure their future. In this blog post, we’ll explore the compelling reasons why choosing a Golden Visa in Portugal could be the key to unlocking a world of opportunities.

 

 

European Residency and Beyond

Portugal’s Golden Visa offers a direct path to European residency, allowing investors and their families to live, work, and study in Portugal, as well as to benefit from the health care system, from the moment this temporary residence permit is granted. This residency status also grants visa-free access to the Schengen Zone, enabling easy travel across 26 European countries. This flexibility is particularly attractive for individuals seeking international mobility and a second home in the heart of Europe.

 

Stability and Safety

Portugal is renowned for its political stability, safe environment, and welcoming community. The country’s commitment to safety and rule of law provides a sense of stability that investors value, giving them and their family members an additional reason (most of the times one of the main ones) to apply for this program. Choosing a Golden Visa in Portugal is not just making an investment (one of the eligible possibilities according to the Portuguese legislation); it is an investment in a peaceful and secure lifestyle.

 

Quality of Life

Portugal consistently ranks high in global quality of life indices. With its mild climate, stunning landscapes, and a rich cultural heritage, the country offers a high standard of living, with a good price-quality ratio (especially for individuals with the capability to invest under this program) and several investment/business opportunities. The Golden Visa provides an opportunity for individuals and families to embrace this exceptional quality of life firsthand.

Educational and Healthcare Benefits

Investors with family often prioritize access to quality education and healthcare. Portugal excels in both these aspects, with reputable schools, universities (with some of the oldest and more historical in Europe, as well as several international ones, where the main teaching language is English), and a public healthcare health system that is both efficient and affordable. The Golden Visa ensures that investors and their family members (that are part of the application under the family reunification) can avail themselves of these essential services, since they can benefit of the same exactly as if they were already Portuguese citizens, from the moment they obtain their first residence card.

 

Business Advantages

There are a few Portugal Golden Visa business benefits that are very appealing to anyone looking to conduct business in or around Portugal. One of the luxuries of living in Portugal is the proximity of many prominent surrounding countries. Business travel is simple when working in any European country compared to living on another continent or across oceans.

 

Possibility to Apply for the Portuguese Citizenship/Passport

Although the Portuguese Golden Visa is a residence by investment program, it allows the applicants, and their family members, after 5 complete years of holding the same, to apply for the Portuguese citizenship, and obtain the Portuguese passport, considering that they comply with all the legal requirements and conditions for it.

This possibility to obtain an EU-passport, one of the strongest in the world (always ranked, at least, in the top 10), is clearly one of the main reason why so many Investors choose the golden visa program in Portugal, since this will allow them to “extend” all their benefits and advantages in Portugal to the European Union.

 

In conclusion, Portugal’s Golden Visa program is a gateway to a host of advantages – from European residency and investment opportunities to an exceptional quality of life and favorable benefits on essential aspects of the investor’s and his/her family members’ lives.

As an investor, choosing the Golden Visa in Portugal is not just a transaction; it’s an investment in a brighter and more secure future, an assurance or, at the very least, a “plan B” that can prevent any situation. Considering the current uncertainty and worldwide issues, namely after a pandemic and with some ongoing unfortunate war/conflict situations, it becomes more and more important to be able to have a second residency, and eventually a second passport, to be able to prevent any situation that may occur.

Explore the possibilities, unlock new horizons, and make Portugal your golden destination.

 

This article was written with the collaboration of Gustavo Machado Dias, a lawyer at CRS (Head of Immigration and Foreign Investment).

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