Act now to get the Golden Visa in Portugal before it is too late!

March 03, 2021 Althahbiah Lara Madalena Viagem e Turismo
March 03, 2021
Althahbiah
Lara Madalena
Viagem e Turismo

The Portugal Golden Visa program started in 2012 and has proven to be one of the best investment residency programs in the world. In the last eight years alone, Portugal has contributed over 5 billion euros to the economy, which has helped it become more financially stable.

Focusing on individuals living outside the European Union, the Golden Visa offers them a way to live, see and travel throughout the European Union freely, without restrictions on visitor permits or short-stay visas.

The most sought after investment option by foreign investors is the purchase of a property in Portugal and in low density areas, the minimum amount requested is lower which makes it affordable for many, however, with recent changes, time is running out for those who wish to apply for the Golden Visa.

All applications will be accepted until June 31, 2021 and recognized under the original scheme, but from now on in regions such as Lisbon, Porto and possibly the Algarve will not be eligible for the Golden Visa.

With the deadline looming, now is the time to buy a property in Portugal for the Golden Visa, otherwise your options may be limited. 

This article is a shortened version of the original. To read the full article, click here.

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