What is the specific content of Portugal s property immigration policy?

Updated on international 2024-02-09
8 answers
  1. Anonymous users2024-02-05

    The Portugal** Residence Permit Program consists of three programs:

    Portugal GRP Immigrant Investor Program – Investment Category.

    a. Real estate investment - purchase of a property with a value of not less than 500,000 euros.

    Overseas Chinese immigrants are recommended as the most cost-effective way to invest).

    b. Capital investment - transfer funds of more than 100 euros into financial institutions.

    c. Job Creation - Generate at least 30 jobs.

    General requirement – the investment needs to be maintained for at least five years.

    Portugal** provides several categories of investment immigration, reinterprets and explains the previous legal provisions, and standardizes the definition of investment immigration laws and regulations.

    There are three main investment methods, among which, from the perspective of time, efficiency and operability, it has a relatively cost-effective investment method - real estate investment, which has a short time, fast returns, simple process and guaranteed investment.

    Eligibility: The main applicant must be at least 18 years old;

    No criminal record;

    Purchase of a local property of more than €500,000;

    If the investment is maintained for more than 5 years, you can apply for permanent residence;

    Residency requirement: 7 days in the first year, 14 days in every two years thereafter.

    Advantages of Portugal's property immigration program.

    The processing speed is fast, and the approval is as fast as 30 days.

    On average, you only need to stay for seven days a year, and you can travel freely between China and Portugal.

    The application procedure is simple and fast, no need to prove funds**, no management experience, education, language, age requirements.

    Investing in real estate has low risk, stable income, freehold property rights, and is passed down from generation to generation.

    One person applies for seven green cards for three generations of the whole family.

    Portugal Property Advantages.

    1. Freehold property rights: Houses and land in Portugal are freehold property rights;

    2.Beautiful views: villas on the coast, sea view houses on the coast, high-end apartments in the bustling city center;

    3.Exquisite design: European elegance, or palace castle, or modern romance;

    4.Economy: Buy ultra-luxury and attractive properties at a lower price in Europe;

    5.Best timing: Portugal's property market is starting to pick up, while Western Europe remains strong;

    6.High rental income: there are a large number of tourists every year, and there is a fixed demand for rental housing;

    7.Full facilities: swimming pool, spa, 2 parking spaces, large balcony, market, supermarket, bar, fitness gym and fine dining restaurant.

  2. Anonymous users2024-02-04

    Portugal Immigration Conditions:

    1. The main applicant is at least 18 years old;

    2. No criminal record;

    3. Purchase of local real estate of more than 500,000 euros;

    If the investment is maintained for more than 5 years, you can apply for permanent residence;

    Residency requirement: 7 days in the first year, 14 days in every two years thereafter.

    Portugal Immigration Process:

    1. Pre-contract evaluation;

    2. Formal contract operation after passing the assessment;

    3. Prepare the first entry Schengen visa, application documents and immigration application documents;

    4. Submit the documents to the embassy for review and be issued a one-time Schengen visa;

    5. Go to Portugal for investigation (at your own expense) and buy real estate;

    6. Complete the real estate registration after signing the purchase agreement, performing the contract, and paying the full amount, prepare the immigration materials and submit them to the local immigration bureau for review;

    7. After obtaining the ** residence visa notification letter, go to the Portuguese Immigration Bureau to go through the residence permit procedures;

    8. Submit the residence renewal after one year;

    Submit an application for permanent residence after the year;

    Apply for naturalization after the year.

  3. Anonymous users2024-02-03

    Portugal was the first country in Europe to have an immigration bill; It was also the first country in Europe to grant permanent status to traditional immigrants.

    Since October 8, 2012, Portugal*** has promulgated the Rules for the Issuance of Residence Permit for Investment (ARI Golden Visa), which allows citizens of non-EU countries to obtain a "** residence permit" or "** visa" through investment in Portugal, to carry out business activities without a visa and to move freely within the Schengen area.

    Purchase from €350,000**; or the purchase of a renovated property from 350,000 euros; or the purchase of a new property for 500,000 euros; If you maintain it for more than 5 years, you can apply for permanent residence;

    Residency requirement: 7 days in the first year, 14 days in every two years thereafter.

    Although it is a small country located on the southern coast of Europe, Portugal is "favored" by the warm ocean current, with an average temperature of around 20, no freezing in winter, not hot in summer, and a good natural environment and abundant seafood. This gives rise to the Portuguese innate ability to create "gastronomy".

    The Portuguese diet is more in line with the eating habits of Chinese, very similar to Cantonese cuisine, and the local roast suckling pig is very popular in Guangdong, and the taste is basically the same. Most of the cooking methods are grilled or boiled, and the seafood and fish are basically boiled, and sea salt or mayonnaise is sprinkled when eating to maintain the original flavor of the food.

    Portugal is one of the world's highest-quality countries in higher education, and as one of the oldest countries in Europe, Portugal has formed a unique education system based on its long history and culture in the West.

    If parents want their children to study and work in Portugal in the future, they can choose to attend a public school. Public schools are bilingual in Portuguese and English, with Portuguese as the main language, and admission from primary school to high school is free. The university education system is advanced and the level is high, the tuition fee for local students is only more than 1,000 euros, and it has established international exchange programs with universities in the European Union and the United States, such as Lisbon and the Massachusetts Institute of Technology in the United States.

    If parents plan to apply to top universities in the United States and the United Kingdom in the future, it is better to study in private schools and international schools, both types of schools use English as the main teaching method, and the tuition fee is about 10,000 euros.

    As a member of the European Union and the Eurozone, it can freely enter and exit 26 European countries, and travel visa-free to 187 countries around the world, including the United Kingdom, the United States, Australia, and Canada.

  4. Anonymous users2024-02-02

    1. The latest conditions of Portugal's immigration policy

    According to the latest Portugal immigration policy, to obtain Portugal immigration status, applicants must meet the following Portugal immigration application conditions:

    1. Non-EU, non-Swiss or non-EEA citizens;

    2. Meet the minimum investment requirements;

    3. Meet one of the investment options stipulated by the Portuguese Immigration Bureau;

    4. Certificate of no criminal record;

    5. Meet the residence requirements of Portugal, that is, stay in Portugal for at least 7 days in the first year, and then not less than 14 days every two years;

    6. Be at least 18 years old;

    7. Application conditions stipulated by the Portuguese Immigration Bureau.

    2. The choice of investment methods for Portuguese immigrants

    1. Residential real estate

    Overseas persons are required to purchase residential real estate with a value of not less than €500,000 or €350,000 (if investing in a rehabilitation project) in a designated inland area of Portugal. If the residential property is located in a designated "low density" area, it is not less than 400,000 euros or 280,000 euros, depending on the actual situation.

    2. Commercial real estate

    According to the latest policy, expatriates can buy commercial real estate worth at least €500,000 or €350,000 (if investing in a restoration project) anywhere in Portugal. If the commercial property is located in a designated "low density" area, the reduction is 20%, to €500,000 or €280,000.

    3. Buy real estate in Madeira or the Azores

    If an expatriate is buying residential and commercial real estate anywhere in Madeira and the Azores in Portugal, they need to buy a property of at least €350,000 or €500,000.

    4. **Subscription

    Foreign nationals need to invest at least €500,000**.

    5. Scientific research

    Foreigners invest at least €500,000 in scientific or technological research in Portugal.

    6. Create jobs

    The expatriate establishes the company and creates ten jobs with a value of at least €500,000.

    7. Donation

    Donations of at least €250,000 from abroad to support the arts or rebuild the national heritage.

    3. Advantages of the Portuguese immigration program

    1. Visa-free entry to many Schengen countries and regions, very free;

    2. Affordable investment options, many families can afford them;

    3. Flexible investment, in addition to real estate, there are also investment methods in terms of donations;

    4. After holding a visa for 5 years, you can successfully obtain a European passport and enjoy the benefits of EU citizens;

    5. The investment is reasonable, and the investment appreciation space is large;

    6. Good tax advantages, and no tax payment within ten years, which is very good!

    7. Family members are also included, including spouses or legal partners, children under the age of 18, eligible dependent children under the age of 26, and other family members.

  5. Anonymous users2024-02-01

    The immigration costs of buying a house in Portugal are mainly as follows: the purchase of things: 500,000 euros and above; Taxes on home purchases.

    Strata Company Relocation Tax (IMT):; Stampduty:; Property lawyer's fees: approx. €5,000; Property Tax (IMI): per year based on use value and region).

    **Departmental fee for visitor visa application fee: 60 euros per person. Immigration Application Fee:

    Euro case. Residence permit fee: Euro per person, residence permit renewal fee:

    2,568 euros per person per time. Immigration agency and overseas lawyer service fees, immigration company surcharge: around 60,000 RMB; Fees charged by Portuguese law firms (including a five-year surcharge for the renewal of a second residence permit):

    €15,000 (based on a family of three people, plus €000 for each additional three); Additional Dependents Application Surcharge (Applicant's school-age children, parents of the applicant or spouse): An additional RMB 10,000 will be charged for each person. Other miscellaneous expenses, travel expenses for customers to Portugal to consider:

    Approximately 20,000 RMB (excluding round-trip air tickets); Textbook fees (various fairs, etc.), about 5,000 yuan (according to the actual generation), **** 350,000 euros, investment ** 350,000 euros, which is also a large amount of expenses, and can also be said to be the smallest expense, because at the end of 6 years, regardless of whether it is profitable or loss-making, ** subscription can be repurchased by the selling price. Lawyer's fee: If the client invests 350,000 euros in the project, he needs to pay a lawyer's fee of EUR10,000, and he is authorized to sign a POA with the lawyer, and the lawyer can issue a bill on behalf of the Portuguese account, prepare the purchase contract in advance, and submit the application for residency.

    **Management fee: 350,000 euros escrow to **management company, **management fee needs to be paid, a total of EUR 50,000 for 6 years. **Residence Approval Application Fee:

    The main applicant is about; If the applicant is appointed to renew, the same fee will be paid to the Immigration Department before the application materials are submitted.

    **Residence approval card fee: about EUR5 for initial application; The renewal contract EUR2, regardless of the age of the customer, will not change the cost, and will be paid to the immigration office before submitting the raw materials for the immigration application. Medicare:

    About 300 EUR per year, users must buy medical insurance during the card period, the cost will vary according to the age of the company, depending on the price issued by the car insurance company.

  6. Anonymous users2024-01-31

    Portugal immigration If you buy a house and immigrate, you need to prepare a minimum of 280,000 euros or 350,000 euros as the purchase fund.

  7. Anonymous users2024-01-30

    The cost of the Portuguese immigration process is his processing fee, the immigration fee and the fee for their identity card.

  8. Anonymous users2024-01-29

    Property-related fees, **application fees, and other costs incurred.

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