Are you a real estate investor in a non-EU country? Would wish to invest in Portugal? If yes, you can lay assured that this will not take you long. The reason being, Portugal has minimized the procedures involved in acquiring a golden visa to attract property investors. Here are a few facts to know about Portugal Visas for real estate investors.
Type of investments allowed in the Portuguese Golden visa policy
Recently, Portugal has made amendments in the golden visa to accommodate more investments. Purposely, this was a way to attract more foreign investors. With a golden visa, you can acquire properties worth many thousands. Also, you can venture into capital investments. There is a minimum amount required for different types of capital investments.
Requirements to comply with
Ideally, the golden visa gate has helped simplify the requirements for every type of investment. Nevertheless, before an investor can invest, he must have met both the general and specific requirements for the investment of choice. Some of these demands are that money must not come from Portugal, and the investment must have a life of at least five years. Also, one must produce a European visa that allowed him or her to be in Portugal among others.
Must have documents
To obtain a golden visa, it is required that you produce the following documents, an application fee receipt, a passport, a criminal record either from home county or Portugal. In addition to this, you must produce a document showing nil tax arrears, compliance with investments policies and a document from social security showing no debt records. Complying with all these requirements is a gateway to Portuguese real estate investment.
Key benefits of a golden visa
Possessing the golden visa comes with some benefits. First, with a golden visa, there is no point for looking for another visa. Secondly, the golden visa allows people to move into European countries with their families.Thirdly, you are guaranteed of low tax rates. Other benefits include, you become a permanent resident after a period of 5 years. Why then should you hesitate to invest in Portugal?
If you are looking for a country to invest in, try investing in Portugal. Portugal has opened its gates to foreign investors with the friendly golden visa. If you have you have always thought about investing abroad, then, give Portuguese real estate a priority.