When you apply for the Portugal Golden Visa program you can live and work in Portugal. 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. This program can be confusing and you should discover more through reading this entire page.
You invest in real estate through the Portugal Golden Visa Program and this helps you to get European residency. 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 you invest such an amount, then you qualify for the Portugal Golden Visa program. 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. Therefore, you can make the investment three months prior your Portugal Golden Visa application. The good thing is that the company you are investing with for your real estate investments has lawyers who can help with the Portugal Golden Visa program application. Get more info from this site concerning such companies
You will need to have obtained a criminal record and medical insurance cover when applying for the visa. You cannot qualify for the Portugal Golden Visa if at all you don’t have these two documents. The criminal record you use should be clean. The medical insurance cover will help take care of bills whenever you feel unwell while in Europe. You can renew the Portugal Golden Visa residency when there is proof of two weeks stay for 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. Read more about these requirements here.
Conversely, it is ideal to keep in mind the amount of money you need throughout the Portugal Golden Visa application. A budget is required because when applying you will be charged for the government application fee. 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. Again, an investment tax has to be paid. Therefore, you need to know the exact amount you need for the entire process and even renewals per year through the company you are using. Check out for more here!