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What You Should Know Concerning Portugal Golden Visa Program

Living and working in Portugal can happen through the application of the Portugal Golden Visa program. A residency of Europe can happen with the application of 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. This program can be confusing and you should discover more through reading this entire page.

You get a residency to live in Europe through the Portugal Golden Visa Program by 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. It does not matter which kind of real estate you invest in whether residential or commercial and again, you can rent it out to earn you income. You qualify for the Portugal Golden Visa program once you invest such an amount in real estate. On the other hand, there are necessary conditions for you to qualify for the residency visa and you need to learn more about it. UK citizens can apply for this Portugal Golden Visa program now check it out!

For you to apply for the visa you need to have already invested in real estate. Therefore, you can make the investment three months prior your Portugal Golden Visa 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. You would never qualify if these two lack in your application. 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. Your Portugal Golden Visa residency can be renewed if at all you ave bee in Portugal for two weeks in a span of two years. Hence, since 14 days are enough to qualify for the residency visa then you don’t have to live in Portugal to have the visa. 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. A budget is required because when applying you will be charged for the government application fee. You will need the renewal residency fee and if you have a family, the main member costs are higher compared per each member of the family. Again, an investment tax has to be paid. Hence, you should inquire from the company you are using for the amount of money you need and even the renewals charged every year. Check out for more here!

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