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Overview of the Portugal Golden Visa Program

You can live and work in Portugal once you apply for the Portugal Golden Visa program. You can get residency in Europe through the Portugal Golden Visa Program. If you have been looking forward to living in Portugal, then you should consider applying for the Portugal Golden Visa program. You should read more on this page to know about this program because it might be confusing.

The Portugal Golden Visa program helps you to gain residency in Europe through investing in real estate. You are required to invest ?500,000 in real estate and the lowest investment of ?350,000 if the property is more than 30 years old. Once you invest on the property whether residential or commercial you get to earn income with it by renting it out. You qualify for the Portugal Golden Visa program once you invest such an amount in real estate. Conversely, you need to know more about the necessary requirements for you to qualify for the residency visa. Portugal Golden Visa program is open to UK citizens now, discover more here.

You ought to have invested in real estate already for you to apply for this visa. Hence, before you apply for the visa, you need to have made the investment three months prior application. The good thing is that you can find lawyers who can help you in the application of the Portugal Golden Visa from the company you are using to invest in real estate with. Click for more info regarding such firms.

Whenever you are applying forte Portugal Golden Visa you will need to have both the criminal record and the medical insurance cover. If you don’t have these two, then you would be disqualified for the Portugal Golden Visa. You ought to have a clean medical record. The medical insurance cover will help take care of bills whenever you feel unwell while in Europe. If you have been in Portugal for two weeks over a span of two years you qualify for the reviews of the Portugal Golden Visa residency. Therefore, you don’t necessarily need to live in Portugal for you to qualify for residency visa, 14 days are enough. Read more about these requirements here.

Conversely, it is ideal to keep in mind the amount of money you need throughout the Portugal Golden Visa application. You will have to part with money as a government application fee; hence, a budget is a must. you will have to pay for the renewal of the residency for if you have a family tthe main member will pay a higher amount compared to the other members. Still, you are required to pay investment tax. Hence, you should inquire from the company you are using for the amount of money you need and even the renewals charged every year. Click here to learn more.