A big number of foreigners are choosing Portugal as their new home is increasing, thanks to obtaining the Golden Visa Portugal. The perfect Mediterranean weather combined with the low cost of living in the country attracts tourists from around the globe to turn a short-term vacation into a long-term stay through the Golden Visa Portugal
Portugal affords you a great quality of life without giving up on certain luxuries, for a full meal in a local restaurant you could spend less than €5, which is surprisingly low-priced compared to other countries, such as Australia, New Zealand, or the UK. Portugal is indeed the best choice for people that want to live in the part of Europe that offers an ideal Mediterranean lifestyle: warm summers and mild winters, splendid beaches, and spectacular gastronomy.
Why getting the Golden Visa Portugal is a good idea
Another reason why foreigners easily decide on moving to the country is for the lack of a language barrier – Portuguese people are good English speakers, which is an important factor to consider for expats to feel comfortable moving to a new place. This makes meeting new people and making friends with the locals an easier task than in other countries, plus you will have the opportunity to learn and practice your Portuguese with native speakers!
Additionally, there is a large community of international entrepreneurs from around the globe that are residing in the country, which has made the capital of the country, Lisbon, the center of a huge digital and tech startup melting pot for international entrepreneurs to share their knowledge and develop their business. Moreover, if you visit the airport frequently for work or leisure, the capital of Portugal, despite not being a major city in Europe, offers the perfect hub for bargain flights across the globe for an economical price.
The presence of different cultures within the country, especially in the food scene, allows foreigners living in Portugal to easily adapt to their new home. The local cuisine is known to be amazing, but it’s the fact that you can have some of the best Italian, Mexican, Japanese, Austrian and Nepalese food in the country that makes expats forget about their homesickness. Economical, multicultural, and delightful gastronomy is another reason why people decide to live in the Mediterranean country through the Golden Visa Portugal.
What the Portuguese residence offers you
Once you have decided that you want to move to the country, it will be an easier process if you are an EU citizen or a British national with a residence permit to live in Europe.
For entrepreneurs that are from outside the continent, the Golden Visa Portugal is one of the best routes to legally stay in the country. This visa will give you the right to work, live and study in the country through investment in real estate or other qualifying assets.
The recent changes in the requirements of this visa encourage foreign investors to target other areas of the country with a low population density, rather than in the more popular cities of Porto and Lisbon, to help the country gain a more balanced status between the urban cities and the remote areas, which have great development potential.
Furthermore, the Golden Visa Portugal will allow you to choose from a variety of schools with a high international standard educational system, which includes 2 of the 10 best universities in Europe. It will also allow you to travel to and from the countries within the Schengen Area without the need for an additional visa.
How to get the Golden Visa Portugal
The best investment option available to apply for this residency permit is by investing €350,000 in an investment fund, which will allow the applicant and their family members to legally stay in the country, and benefit from the advantages of being a permit holder.
If you are interested in applying to the Golden Visa Portugal, you must prepare the legal documents and submit the residence application. Upon approval and payment of the permit issue fee, the residence certificate will be released with a validity of one year. After 6 years, you will be eligible to apply for Portuguese citizenship.
Thinking of getting Portuguese residency? Contact us and let our team advise you!