What Do You Need to Know about the Golden Visa Program in Portugal?

 The simple thought of owning a property in a foreign country is appealing to many investors. The demand for real estate in European countries such as Portugal is increasing in recent times. Apart from a sunny climate all year round, Portugal offers low-cost options for real estate investments.

So, what if you can get Portuguese citizenship by purchasing a property in Portugal? The best answer to this question is the Golden Visa program in Portugal. Let us explore more details about why this program might be suitable for you if you are looking to invest in real estate in Portugal.

Details of the Program

The foremost reason to opt for residence in Portugal is the availability of a wide range of considerably affordable investment options.

The investment options can provide permanent citizenship and residency in a gap of 5 to 6 years.

Interestingly, the required time that you must spend in Portugal for citizenship with a real estate investment is only an average of 7 days per year.

After obtaining citizenship, investors could easily get residence and support for working at any location in the EU or EEA.

Most importantly, the citizenship program or Residence Permit Program is not on the blacklist of OECD, unlike other similar programs.

Family Members Can Also Benefit from the Program

Another prominent reason you can look for a property for sale in Portugal with the Residence Permit Program refers to family benefits. The citizenship program also allows the inclusion of a dependent family with your real estate investment in Portugal.

The eligible family members can also enjoy the benefits of second citizenship in a safe and politically stable country with other opportunities. The eligible family members include a spouse or legal partner, parents of either spouse over the age of 66, and children under 18 years of age. With so many benefits, it is easier to fix your decision to purchase property in Portugal and