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Owning a resident real estate in Portugal

05 November 2018

Owning a resident real estate in Portugal
Owning a resident real estate in Portugal

According to 2018 Global Peace Index, Portugal ranks the 4th most peaceful countries in the world. Lisbon, capital of Portugal, is voted to be one of the best destinations. With Portuguese residence permit, you are free to travel, live and work in 26 European countries of Schengen Area.

Overview of Portugal:

Portugal is within the Mediterranean area with its typical Mediterranean warm climate characteristics. Compare to others European countries, Portugal has the warmest weather with an average temperature around 12.3°C in the North and 13.3°C in the South.

Portugal is among the top countries with the most long-standing education in the world.

According to Program for International Student Assessment (PISA) 2015, Portuguese students had higher scores than students from United State, Austria, France and Sweden. Portuguese universities and colleges are evaluated to be among the best in the Europe. Students may choose to study in either English or Portuguese.

Own Golden Visa resident real estate, at least 500000 EUR:

  • Permanent ownership of real estate in Portugal, unlimited on types and quantity.
  • Free to travel within Schengen Area (26 European countries).
  • Children are benefitted from free public education and high-quality healthcare ranked top 12th in the world.
  • Investor has rights to work and carry on business in Portugal.
  • Family members, including parents, husband/wife and children (not ages restricted), will be granted for permanent residence permits.
  • Children of investors born in Portugal will be given Portuguese citizenship.
  • Residence time for investors to qualify for Portuguese citizenship is 5 years.
  • With Portuguese passport, Investor is free to travel to 160 countries.

Conditions for joining Golden Visa program:

  • Not restricted on types and quantity of real estates, possibly to purchase in any location in
  • Portugal.
  • Not ages restricted, no education requirements, no management skills required, no interview required.
  • Investor must have validity passport and health insurance.
  • Real estate can be leased after residence permit is issued.
  • Stayed in Portugal at least 7 days for the 1st year and 14 days from 2nd year onwards.