Info to Know About the Portugal Golden Visa Program
Living and working in Portugal can happen through the application of the Portugal Golden Visa program. The Portugal Golden Visa program helps you get residency in Europe. Thus, you should consider applying for the Portugal Golden Visa Program, if at all you have had a dream of living in Portugal. Since this program can be confusing, then reading this page is ideal to learn more.
You get a residency to live in Europe through the Portugal Golden Visa Program by investing in real estate. For a property which is 30 years old, then you can apply a minimum of ?350,000 and the other regular investment for real estate is the ?500,000. Once you invest on the property whether residential or commercial you get to earn income with it by renting it out. Once such an amount is invested in real estate then you qualify to apply for the Portugal Golden Visa. On the other hand, there are necessary conditions for you to qualify for the residency visa and you need to learn more about it. Portugal Golden Visa program is open to UK citizens now, discover more here.
You ought to have invested in real estate already for you to apply for this visa. Thus, the investment can be done three months before you apply for the Portugal Golden Visa program. The good thing is the company you are using for the real estate investment in Portugal has lawyers who would handle the Portugal Golden Visa application for you. Get more info from this site concerning such companies
A criminal record and medical insurance cover are required when applying for the Portugal Golden Visa program. You would never qualify if these two lack in your application. Your criminal record needs to be clean. Your medical bills will be covered by the medical insurance cover whenever you are unwell while in Europe. Your Portugal Golden Visa residency can be renewed if at all you ave bee in Portugal for two weeks in a span of two years. Hence, since 14 days are enough to qualify for the residency visa then you don’t have to live in Portugal to have the visa. You can learn more about these requirements if you read more here.
On the other hand, the fees required when applying for the Portugal Golden Visa should be contemplated. You need to have a budget because the government application fee applies. you will have to pay for the renewal of the residency for if you have a family tthe main member will pay a higher amount compared to the other members. Still, you are required to pay investment tax. Hence, you should inquire from the company you are using for the amount of money you need and even the renewals charged every year. Click here to learn more.
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