#Portugal Golden Visa 2024

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Portugal Golden Visa 2024

The Portugal Golden Visa 2024 provides non-EU investors with residency in exchange for qualifying investments, such as real estate, business, or capital transfer, offering access to the EU and Schengen Area. It allows for family reunification and a streamlined path to permanent residency or citizenship after five years. New provisions encourage investments in sustainable and green projects, further enhancing the program's appeal.

[saintmeghanmarkle]

Article Richard Eden: About the Golden Visa of Portugal (about the purchase of the Harkles house) by u/Human-Economics6894

Article Richard Eden: About the Golden Visa of Portugal (about the purchase of the Harkles house) Pay attention to thisPortugal's Golden Visa program was one of the most popular residency by investment programs in Europe and the world. The program began in October 2012. Until 2023 it was enough to qualify for residency by contributing a minimum of €250,000, which is one of the lowest investment thresholds in Europe. And it was not necessary to move to Portugal to keep the residence permit. It was enough to stay in the country an average of seven days a year.But 2023 underwent changes.No, it is no longer useful to buy a property to obtain a Golden Visa.To access this benefit, you need to make the following investments:Subscription to funds:Make a contribution to a qualified investment fund for a minimum value of €500,000Artistic production or reconstruction of national heritage:Make an investment of at least €250,000Scientific research activities:Contribution to scientific research or/and maintenance of ten jobs during the required periodSocial capital and job creation:Constitution of a company or reinforcement of the share capital of a company, in both cases with an investment of €500,000, combined with the creation of five or the maintenance of ten jobs (five of them indefinite)https://portugalbuyersagent.com/portugal-golden-visa-ending/https://www.globalcitizensolutions.com/portugal-golden-visa-ending/#:\~:text=The%20Portugal%20Golden%20Visa%20program%20is%20not%20coming%20to%20an,to%20qualify%20for%20the%20program.So we will have to wait for Eden to tell the gossip properly and find out what the Harkles really did. But if it is because of the Golden Visa, it is no longer useful for them to buy a house. post link: https://ift.tt/rLdImBe author: Human-Economics6894 submitted: October 16, 2024 at 08:56PM via SaintMeghanMarkle on Reddit disclaimer: all views + opinions expressed by the author of this post, as well as any comments and reblogs, are solely the author's own; they do not necessarily reflect the views of the administrator of this Tumblr blog. For entertainment only.

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Lebanese Investors' Guide to Acquiring Portuguese and Dominica Citizenship in 2024

A very good investment opportunity comes onboard for the investor. Dominica offers a straightforward pathway to citizenship through investment, with the Dominica Citizenship by Investment Program providing opportunities to invest in real estate projects, contribute to the government fund, or establish a business venture. Lebanese investors can benefit significantly from this program, securing Dominica citizenship in Lebanon and enhancing their global mobility. Portugal, with its stable economy, attractive lifestyle, and favorable tax regime, is a popular choice for investors seeking European citizenship. 

Lebanese investors looking to invest in Portuguese citizenship can take advantage of Portugal's Golden Visa program, which offers a pathway to citizenship and access to the Schengen Area through various investment options, including real estate and business ventures. Faqra, a prime destination for real estate investment, offers a thriving market in Lebanon's mountains. 

Investors looking to buy land in Faqra can enjoy the region's natural beauty and potential for high returns on investment. By strategically leveraging these opportunities, Lebanese investors can secure their future, enhance their global mobility, and unlock new avenues for prosperity. By investing in Dominica citizenship, and Portuguese citizenship, and buying land in Faqra, Lebanese investors can safeguard their future and unlock new avenues for prosperity. As a Lebanese investor, you may be interested in acquiring Portuguese or Dominica citizenship in 2024. This blog guide will provide you with the necessary information to make an informed decision. Check out the blog now.

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Invest 500,000 Euros into Portugal Equity Funds for the Portugal Golden residence Permit, in 2024!

Contact our Immigration Consultants for assistance with your Portugal Golden Visa application Now!

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Comprehensive Guide to the Portugal Golden Visa 

Portugal isn't just about wine and music; it offers one of the best EU Golden Visa programs. Portugal attracts many with a high standard of living, excellent healthcare, and more. Their Golden Visa program grants residency to non-EU citizens who invest in the country. This Visa can lead to citizenship later. Remember, this isn't legal advice; use it to see if Portugal's program suits your needs. 

History of Portugal's Golden Visa 

Portugal faced economic challenges in the early 2000s. To recover, they launched the Golden Visa program on October 8, 2012, attracting foreign investors to boost their economy. Over 12,000 investors joined, investing over seven billion dollars. Most got their Portugal residence permit by buying real estate, which is the program's top choice. 

Recent Changes in the Visa 

In October 2023, new rules stopped the path to Portuguese citizenship through property investment. However, the Golden Visa program itself is still open. The government said the time it takes to apply (6–18 months) now counts towards the five years needed for citizenship. Real estate investment is no longer an option, leaving some investors unsure. However, good choices exist, like starting a company, donating to research, or investing in funds.  

Golden Entrepreneur Visa 

Entrepreneurs have an often-overlooked option with the Portugal Golden Investment Visa. To qualify, you need to start a company and create at least ten jobs in Portugal (or eight in less populated areas). Each employee must be registered with the Portuguese Social Security system. You have the opportunity to inject €500,000 into an established business in Portugal, generating and sustaining five new full-time positions for three years. Corporate tax is 21%, and personal income tax ranges from 14.5% to 48%.  

Benefits of Portugal Golden Visa Program 

Portugal's Tier A passport is among the best, granting visa-free access to 191 countries in 2024, making it the third most powerful passport as mentioned by the Nomad Passport Index. While investing in a residency permit won't automatically make you a citizen, it's a step towards it. The naturalization process in Portugal is relatively quick, just five years. You can enjoy visa-free travel within the Schengen Area and many other countries during this time. You also gain the right to work and live in Portugal and other EU/EEA nations. Portugal's investment visa is considered stable, and Portugal offers tax benefits for crypto investors.  

Capital Contributions with Portugal's Golden Visa 

For those not taking the entrepreneur route, simpler options like capital contributions are available. Due to recent changes, this route has become more appealing but is pricier. 

Investment options for Portugal's Golden Visa include: 

€500,000 in Venture Capital/Private Equity Fund 

€500,000 as a Donation to Research Activities 

€250,000 for Donations to Arts These investments must be maintained for five years of residence. 

Specific funds are set up for Portugal visa Golden investors, offering shorter terms and lower risks. However, due to FATCA regulations, not all funds are available to US applicants. All applicants must provide proof of investment to the government, so keep a detailed paper trail. 

Golden Visa: Requirements, Documents and Fees 

1. Fulfill the minimum residence requirement  

To maintain your residency in Portugal, you must spend at least fourteen days there during your first two years. Then, when you renew your permit for the next three years, you'll need to pay a total of 21 days in Portugal. After that, you only need to spend a minimum of seven days per year in the country to keep your residency. 

2. Provide proper documentation 

Applying for the Portugal Golden Investment Visa is more straightforward than applying for other citizenship programs. You can apply online through their Immigration and Borders Services portal or have a legal representative do it. However, it's essential to understand the process to avoid mistakes. You must submit personal documents, proof of investment, and other paperwork like a background check, health insurance, and evidence of tax compliance. All documents must be recent. 

3. Be a third-country national 

This requirement means you can't already be a citizen of Portugal or any EU or EEA country. While over half of the applicants are from China, others from countries like Russia, Turkey, South Africa, Brazil, and more are also applying.  

4. Maintain a qualified investment for five years 

As the principal applicant, you must keep the investment if you and your family have a Portugal visa and Golden residency status. Once you attain permanent residency or Portuguese citizenship, you are no longer required to maintain the investment. 

5. Pay all related fees 

The Portuguese government offers a Tier A passport for wealthy investors seeking EU access. Alongside your investment, applicants pay a €5,000 ($5,364) fee, which is reduced by half upon renewal. A processing fee of €533 (US$571) for the principal applicant and €83 (US$89) for each family member, payable with the initial application and renewals. Spouses, children under 18, unmarried children over 18 in school, and retirement-aged parents are eligible. 

Portugal's Golden Investment Visa presents a compelling opportunity for investors seeking residency and potential citizenship in Europe. With various investment options, streamlined application processes, and the allure of visa-free travel, it remains an attractive pathway for individuals and families looking to establish roots in Portugal and the broader European Union. For more, visit Acquest Advisors' official page today. 

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Portugal Golden Residence Permit

Become a Resident of Portugal in 2024! Invest in Funds to acquire Portugal Residence and you only need to visit for 14 days every 2 years!