Portugal Golden VISA Programs

by XIPHIAS IMMIGRATION migration executive

Portugal, one of the growing economies of Europe, provides Portugal Golden VISA and Portugal Angel VISA for all those High Net worth Individuals looking to invest in countries outside their country of origin. Portugal has a long history and is considered one of the oldest kingdoms in Europe. Portugal had conquered almost half the world during the 16^th and the 17^th century. However, in the modern history, it has been seeing tremendous economic growth only from the past 5 years or so.

The country to increase funding for their internal projects and to increase job prospects for its citizens invites foreign nationals to invest in the country. Portugal is part of the European Union and is one of the most popular among the European Investment Programs.

The Portugal Golden VISA program was launched in the year 2012. This is also called as the Portugal Investor Program. An investment of Euro 500,000 in the real estate of Portugal can get Permanent Residency for the investor and his/her immediate family. This investment needs to be maintained for a minimum of 5 years. At the end of the 5 years, the investor is eligible for citizenship of Portugal. If investing in business, the investor needs to ensure that the business generates a minimum of 10 jobs for the locals in Portugal. With Portugal Golden VISA, the investor gets access to the whole of the Schengen area. Although, it doesn’t require that the investor lives in Portugal for good, it requires that the investor lives for a minimum of 7 days in Portugal in the first year and for a minimum of 14 days in the next year (2^nd year).

The Portugal Angel VISA Program was launched in the year 2017 to help fund the Research and Development projects in Portugal and France. This program is one of the cheapest manners to get access into Europe. The minimum investment required for this program is Euro 175,000 which includes all expenses related. The investor has the right to choose the R&D project in which they can invest. The investor, however, cannot actively involved in these projects. They will however, get an update of the progress of the project. The investor gets Permanent Residency in Portugal. If the VISA gets rejected for any reason, the total amount will be refunded to the investor in whole.

The Portugal Golden VISA can be obtained within 6 months’ time and one can get Portugal Angel Visa in 4 months’ time. The Portugal Golden VISA involves good number of processing and documentation and it is important that this is handled by professionals. The same holds true for Angel Visa Program too, although there is less documentation involved.

Just as the Portugal Investment programs, many European countries offer a variety of investment programs each either offering residency or citizenship of the country. Each of these programs are unique and cater to the requirements of different needs of the investors. However, it is important that the process is carried out by the right immigration agent to ensure that your investment is made in the right manner and it addresses your need.

XIPHIAS Immigration is an International Investment Immigration firm which has partnered with multiple business houses across the globe. They are official immigration agents for many countries. They being international immigration agents, provide the right counseling and guidance required to make immigration and investment a success.