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Portugal: real estate investment to obtain a Golden Visa
Table of contents:
- Preparation of documentation and selection of real estate
- Concluding a deal and confirming the investment
- Golden Visa application
- Review of the application and issuance of the Golden Visa
- Confirmation of conditions and renewal of Golden Visa
Over the past few years, the Programa Golden Visa in Portugal has become known around the world as one of the most attractive residence by investment programs. The main advantage of this program is that it allows foreign investors to obtain a residence permit in Portugal by purchasing real estate for an amount of €500,000 or more. In this article, we will review the process of obtaining a Golden Visa through real estate investment in Portugal and provide a detailed outline of the key steps required to successfully complete the program.
Anastasia Tereshkova
Immigration lawyer
Step 1: Preparation of documentation and selection of real estate
The first step in obtaining a Golden Visa in Portugal should be to become familiar with the program requirements and prepare all the necessary documents. Your lawyer or immigration specialist will be able to explain in detail all the requirements that must be met to successfully participate in the program. In addition, you must choose a property that meets the minimum investment amount.
Step 2: Concluding a deal and confirming the investment
After selecting the property and agreeing on all the conditions with the seller, you must conclude a deal. To obtain a Golden Visa, you will need to prove your investment. To do this, you must provide all the necessary documents, including the purchase and sale agreement, tax certificate and financing documents if you took out a loan to purchase real estate.
Step 3: Golden Visa application
Once the deal is concluded and the investment is confirmed, you can begin the Golden Visa process. To do this, you must submit an application to the Portuguese Immigration Service and provide all the necessary documents. Your attorney or immigration specialist will be able to assist you with this process and ensure that all paperwork is completed correctly and meets program requirements.
Step 4: Review of application and issuance of Golden Visa
After submitting your application and providing all documents, your application will be processed by the Portuguese Immigration Service. This process usually takes about 3-4 months, but the time frame may vary depending on the workload of the immigration service. Upon completion of your application, you will receive your Golden Visa, which gives you the right to live and work in Portugal for 5 years.
Step 5: Confirmation of conditions and renewal of Golden Visa
5 years after receiving your Golden Visa, you can confirm your stay and extend it for another 2 years. To do this, you must prepare and provide documents confirming that you have maintained your real estate investment and the relevant program requirements
The Programa Golden Visa in Portugal provides a unique opportunity for foreign investors to obtain a residence permit in one of the most attractive countries in Europe. To successfully obtain a Golden Visa through real estate investment, you need to carefully prepare, select a suitable property, complete the transaction and apply for a Golden Visa. By following this detailed plan, you will increase your chances of successfully obtaining a Golden Visa and being able to live and work in Portugal.
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