Portugal is emerging as the rising star for European citizenship. Investors today are migrating to the nation for obtaining EU residency & citizenship. As Europe becomes the hub for education, healthcare, and world economy, applying for the Portugal investor visa looks like the right choice.
However, there has been a recent turn of events. The property locations will change in Lisbon, Porto, and Portugal’s coast for the Portugal golden visa residence program from July 2021. As an investor, you have 6 months to invest in the current location and secure your second residency by investment in the country.
This article will address the most significant aspects of the Portugal investor visa program – why it is perfect for EU immigration, the recent advancements in Portugal, the benefits of Portugal investment visa, and why it is worth the investment.
Why Portugal investor visa is perfect for EU immigration
Portugal permanent residency is one of the most attractive and fastest ways of becoming a European citizen. It takes around 3 to 12 months for obtaining your residency and another 5 years to get your citizenship. Portugal residency is the perfect choice for EU immigration as it has a lot to offer than most of its companion countries like Spain, Italy, and more.
After 5 years, you become eligible to apply for European citizenship. As you invest in Portugal and become a resident, you can call yourself a resident of the European Union. It will offer you all the rights of the nation, except for the right to vote.
Another reason that makes Portugal golden visa perfect for EU residency & citizenship is the effortlessness. The traditional routes like the student visa and work permit require a lot of formalities, hassle, and have a lot of limitations. With Portugal PR by investment, you can go beyond all these restrictions and freely live, work, or travel anywhere in the country.
Recent business advancements in Portugal
What makes Portugal an attractive destination for living are the recent advancements in science and technology. As an investor, if you wish to start your business in Europe or expand an existing one, Portugal residency is the way to go.
Portugal offers world-class engineering talent for product development and operations. There is an abundance of skilled resources that are available at a competitive price.
There are more English speakers in Portugal than in other countries like Spain, France, and more. You can easily get talent that can better understand you.
A lot of workers in Portugal are highly-qualified – they hold at least a master’s degree. Founders also focus on launching their products globally from day one. It would be simpler for you to partner with an existing business and reap the benefits of your investment.
The country is increasingly becoming a hub for digital nomads who are coming to explore their talents in marketing and sales. The International investment will grow as there would be a high emergence of startups in the country.
There are a lot of co-working spaces, ecosystems, and business opportunities that are coming to Portugal. Innovations in science and technology are making Portugal residency by investment a highly anticipated program for immigration.
Benefits of Portugal residency & citizenship by investment
Now that you understand the latest advancements in Portugal for business investors let’s move on to the multiple benefits that the Portugal golden visa offers. Since the demand for EU residency & citizenship is growing, Portugal investment for immigration is a likely choice for more and more investors looking to migrate. Here are a few benefits of Portugal residency and citizenship –
Portugal’s golden visa program covers your entire family of four members under the European residency. You can include them in the same application. By acquiring property for a minimum of 280,000 Euros, you can migrate with your family to the country. They will also get residency permit along with you and are free to live, work, and travel freely anywhere in the country and the Schengen zone.
Portugal is consistently ranked as one of the top three most peaceful countries in the world. It has a vibrant lifestyle, low crime rate, and friendly people. Portugal investor visa program enables you to consider Europe as a Plan B after retirement. You can acquire properties near the coast of Porto and spend your days in peace. There are several amenities available that will make your Portugal residency worth the investment.
The best thing about obtaining Portugal permanent residency is that it leads to European citizenship. You and your family are eligible to apply for citizenship as legal residents after 5 years. You don’t have to stay in the country for that long but for a certain period of time to fulfill the criteria. European citizens get all the benefits of residents, the right to vote, and access to all the opportunities in the European Union.
Portugal’s passport is the sixth most powerful passport in the world. You can travel visa-free to the Schengen Zone and 160+ other countries. You can easily enter the United States, the UK, Spain, Italy, and a lot more places. Once you get EU citizenship, you can live, work, and travel freely anywhere in Europe. The amount of freedom you get is much better as compared to other residency by investment programs.
Healthcare, Education, and more
Once you become a citizen, accessing world-class healthcare and education becomes easier for you and your children. Portugal has some of the world’s best doctors. Universities and colleges in the country are known for their practical learning. There are a lot of scholars and successful people that emerge from the country. Portugal golden visa program offers a chance to you and your children to become a part of that league.
Portugal investment visa is worth the investment in 2021
If you have any plans to invest in 2021, you should direct them towards investment by immigration program in Portugal. You will get European citizenship and much better investment opportunities. It is worth it for all the benefits it offers and to take advantage of the latest advancements in the country.
Whether you are stuck on deciding where to invest or how to begin, My Global Citizenship™ can assist you with every residency & citizenship by investment opportunity. We are India’s trusted investment consulting firm for immigration. Our team will guide you through the entire process of applying for a Portugal investor visa. Contact us today and get your online consultation from our CEO!