PORTUGAL
“One of Europe’s oldest countries, Portugal boasts a rich historical and architectural heritage. Luminosity, radiance and culture beam through the whitewashed villages and lush vineyards of this country positioned on the blissfully elegant shores of the Atlantic ocean.”
WHY CHOOSE St PORTUGAL?
Portugal boasts a rich and diverse culture, Mediterranean climate, and a safe and stable setting ideal for raising families, conducting business or travelling. Investors find many opportunities in Portugal’s secure and fast-developing market.
Investors find many opportunities in Portugal’s secure and fast-developing market, including the following:
- Visa-free travel to more than 170 countries Europe and Schengen Zone countries, Canada, USA, Australia, UK and many more.
- Residency permit fully extendable to family members.
- Minimal residency requirements.
- Full rights to work and live in Portugal.
- Access to public services including free healthcare and education.
- Can apply for citizenship after 5 years
- Limited documentation requirements.
Portugal’s Golden Resident Permit Programme is offered in accordance with the Ministry of Foreign Affairs through the Department of Consular Affairs and the Portuguese Trade and Investment Agency (AICEP). Aimed at attracting foreign direct investments to the country, the programme yields a residency permit in Portugal to non-EU investors who fulfill one of the investment options below and meet the following requirements:
- Provide proof that investment funds originate from abroad.
- Hold no criminal record.
- The main applicant’s property is not frozen within the boundaries of the EU.
- Pay application and processing fees where applicable.
- Enter Portugal for the first time on a valid Schengen visa.
- Meet or exceed the minimum stay requirements. (Seven days for the first year, 14 days for subsequent two-year periods.)
- Investment from 280k Euro to 500K euro depending on the location of Investment
- 1. Property Investment Options
In July 2015, through Act 63/2015 and Regulatory Decree 15-A/2015, the required investment options were revised and new ones added. Investors can now choose from the following:
- US$150,000: Single applicant.
- Applicants may acquire property valued at €350,000 or more for properties more than 30 years old or located in urban regeneration areas designated for refurbishing, or
- Acquisition of property fitting any of the above requirements with 20% reduction on the minimum amount of investment, if purchased on a low density population area (€400,000.00 or €280,000.00).
Property Selection
iKonnect Citizens handpicks prestigious projects to meet our clients’ expectations. By investing in fractions of pre-qualified projects applicants become co-owners of the entire project and qualify for Portugal’s Golden Visa. Our selected projects share some key benefits:
- Guaranteed annual rental return, starting from the first year of operation;
- Easy and flexible exit strategy;
- 100% funds return guarantee after obtaining permanent residency or citizenship;
- 7 days accommodation per year.
ABOUT PORTUGAL
Southwestern Europe, bordering the North Atlantic Ocean, west of Spain
CAPITAL
Lisbon
DIFFERENCE
UTC 0
LANGUAGE
Portuguese (official), Mirandese (official, but locally used)
CURRENCY
Euro (EUR)
EXCHANGE RATE
1 USD = 0.9214 EUR
Country process
FIND OUT THE PORTUGAL
INVESTMENT PROGRAMME COST
FIND OUT THE
PORTUGAL INVESTMENT PROGRAMME COST
BECOME AN iKONNECT CITIZEN TODAY
We would be happy to offer a FREE Consultation and understand your requirements to recommend which programme best suits your needs.