Portugal’s “Golden Visa” Citizenship by Investment program is one the best available options for anyone looking to obtain second citizenship to an E.U country.
Portugal is a full E.U member state. It is a beautiful country blessed with a sunny, warm climate, and its average of 3,300 hours of sunshine per-annum is the highest in Europe.
90% of Portuguese are bi-lingual, with many speaking English. Portugal has extremely affordable living costs, and is in a recent survey carried out by the World Economic Forum (WEF), is the seventh friendliest country in the world.
How To Qualify For The Portuguese Golden Visa
In order to qualify for the Portuguese Golden Residence Visa Program, the applicant must make an investment purchase in Portuguese real-estate of at least 500,000.
The applicant must also comply with periods of mandatory minimal residence in Portugal. These are for a minimum of 7 days on the first year, and for a minimum of 14 days over the subsequent period of 2 years.
If the applicant does not spend in excess of 180 days per calendar year in Portugal, they are not eligible for taxation (except for a slight amount of property tax).
Portugal’s Citizenship by Investment program does not require the applicant to live or stay in Portugal.
Except for the period of three weeks over three years stated above, no minimum residence is required.
Applicants are free to come and go from Portugal visa-free while their citizenship is being processed. The Portuguese Residency Permit entitles the holder to travel throughout the 26-nation Schengen zone in Western Europe.
Full Portuguese citizenship is granted after six years.
Documents Required By 2ndPassports.com
In order to begin the process of second citizenship, 2ndPassports.com requires applicants for Portugal’s Golden Visa to prepare and present the documents listed below:
- Portuguese Citizenship by Investment Application Form
- A valid passport
- Proof of legal entry into Portugal
- A valid copy of their current health insurance policy
- A Criminal Record certificate provided by the applicant’s home country
2ndPassports.com provides Portuguese Golden Visa applicants with full assistance in their relocation, business immigration, real estate investment, residency and completion of citizenship.
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