The Benefits of Portugal Residency

January 20, 2021

The Portuguese Residence Program has been popular globally since its inception in 2012. The Program opens visa-free access to all Schengen Zone countries for investors and their families and also gives the right to freely trade within the EU.

After 5 years, all applicants will be able to apply for Portuguese Citizenship which means that the whole family will be able to live, work and study freely within the European Union countries. Moreover, the family will get access to healthcare and high-standard education in world-class institutions.

Besides, Portugal offers exceptional infrastructure, high quality of life, and a stable political environment. The country is situated on a coastline that consists of 850 km of incredible beaches and cliffs which is perfect for ocean getaways as the climate is warm 8 months per year. In addition to that, individuals who spend less than 183 days a year in Portugal, are not subjected to worldwide income tax.

The program investment options include the creation of at least 10 jobs via investing into business; investment of €1,000,000 or purchase of real estate within a range of €280,000 – €500,000, depending on where it was built.

 

Managing Director of Mann’s Solutions Evgeny Pavlov commented:

“Portuguese passport grants not only the right to live, work and study in any of the EU countries, but also is one of the most powerful passports in the world. Portugal passport holders can travel to over 170 countries without the need to apply for a visa beforehand.”

 

Program benefits

Portugal residency by investment program grants the applicant a 5-year residency permit and let’s apply for permanent residence and citizenship after this period. The Program requires only 7 days a year visit to Portugal in a 1 year and 14 days visit during each subsequent 2 years to keep the permit. Portugal residency allows the whole family travel without visa to all Schengen Zone countries and gives access to high-standard education.

  • Investment from €280,000
  • Low minimum stay requirements
  • Access to high standard education
  • Beneficial tax regime
  • Profitable property investment

 

Investment options

Become a permanent resident of Portugal by choosing one of the following three qualifying investment options. The requirement to maintaining the investment is minimum 5 years from the date the residence permit is granted.

 

  1. Property investment from €280,000
  • €500,000 – purchase residential or commercial real estate. (€400,000 – reduced rate of 20% applied when purchasing a real estate located in low GDP or low populated density areas).
  • €350,000 – purchase residential or commercial real estate over 30 years old requiring renovation.
    (€280,000 – reduced rate of 20% applied when purchasing a real estate located in low GDP or low populated density)

 

  1. Creation of 10 Jobs or Business Investment
  • Create a minimum of 10 new jobs OR
  • Invest a minimum of €350,000 in business and create a minimum of 5 permanent jobs

 

  1. Capital Transfer From €1,000,000

Applicants are required to make a capital investment into specifically approved investment options or Portuguese bank account.

 

LONDON BASED SOLUTIONS ADVISERS – Portugal Residency Program

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

  • Property virtual tours, 3-D tours and in-person tours available.
  • Due diligence checks and additional property checks completed by our experts.
  • Residency & Citizenship document preparation and submission.
  • Full support from until you receive your second passport & residency.

Mann’s Solutions is international immigration law firm with offices in London, Hong Kong and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

 

 

 

 

 

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