Portugal Has Become Golden Visa Hotspot

  • 29 March, 21
With the ability to secure EU residency in as little as 90 days, Portugal offers a quick route to alternative residency for investors, as well as the additional benefit of visa-free travel to 26 countries across the Schengen Zone.

The latest market data from Investment Migration Insider found that Portugal is on track to reach the 10,000 golden visa investors milestone in Q3, as the nation benefits from overspill from other popular destinations such as Greece and Malta, as well as the turbulence for visa investment seen in Cyprus.

Chiefly, it offers the option to apply for citizenship after five years of residency, with investors only required to stay in Portugal for just seven days during their first year and 14 days during each subsequent two years of residency.

But it isn’t just speed and flexibility that Portugal offers investors, their entire family are eligible under the nation’s Golden Visa scheme and the country offers a high level of schooling and access to prestigious higher education at lower EU tuition rates, as well as an attractive tax regime for non-habitual residents.

In just January and February of this year, there have already been €85 million invested with the average investment per applicant increasing to €548,387, suggesting Portugal is increasing in popularity amongst the global investment community.

Mercan Group – Leading Real Estates Development Group in Porto under Golden Visa Program. The number of application for Golden Visa program from Mercan Group accounts for fully half of all Golden Visa applications in Porto. At Mercan, we guarantee to buy back your investment in case your application is denied.

Cre: portugalnews

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