Overview of the Portugal Golden Visa Program
You can live and work in Portugal once you apply for the Portugal Golden Visa program. You can get residency in Europe through the Portugal Golden Visa Program. If you ever wanted to live in Portugal, then applying for the Portugal Golden Visa Program is essential. Since this program can be confusing, then reading this page is ideal to learn more.
The Portugal Golden Visa program helps you to gain residency in Europe through investing in real estate. You are required to invest ?500,000 in real estate and the lowest investment of ?350,000 if the property is more than 30 years old. The real estate can be residential or commercial and it can be rented to anyone to earn you income. Once such an amount is invested in real estate then you qualify to apply for the Portugal Golden Visa. Conversely, you need to know more about the necessary requirements for you to qualify for the residency visa. UK citizens can now apply for the Portugal Golden Visa program check out now!
You ought to have invested in real estate already for you to apply for this visa. Hence, before you apply for the visa, you need to have made the investment three months prior application. The good thing is that you can find lawyers who can help you in the application of the Portugal Golden Visa from the company you are using to invest in real estate with. Get more info from this site concerning such companies
You will need to have obtained a criminal record and medical insurance cover when applying for the visa. You cannot qualify for the Portugal Golden Visa if at all you don’t have these two documents. The criminal record you use should be clean. Medical insurance cover will help to cover expenses in case of illnesses while you are in Europe. You can renew the Portugal Golden Visa residency when there is proof of two weeks stay for two years. Therefore, you don’t necessarily need to live in Portugal for you to qualify for residency visa, 14 days are enough. Read more about these requirements here.
However, you will need to consider fees accumulated when applying for the Portugal Golden Visa program. You need to have a budget because the government application fee applies. For renewal you will be charged, and again, if you have a family the main member will have to pay more compared to other members of the family. Again, an investment tax has to be paid. Thus, you should ask the company you are using for the application for the exact amount you need an even the renewals per year. Click here to learn more.