Updates:Al Ameri Tower, Office 2001, Floor 20, Al Barsha Heights, Dubai, UAE Read More
Updates:Al Ameri Tower, Office 2001, Floor 20, Al Barsha Heights, Dubai, UAE Read More
The Portuguese residency or the so-called golden visa is the key to entering the European world after investing in the booming investment funds.
The Portuguese residency program is not only a path to obtaining residency and citizenship from Europe, but also an opportunity to invest in the best innovative and profitable European sectors today.
Portuguese residency, officially known as the Activity Residence for Investment (ARI), is an initiative launched in 2012 and designed specifically for individuals from outside the European Union, which prepares them to live in Portugal for 5 years and then obtain Portuguese citizenship.
Portugal has proven in recent decades that it has promising sectors not only in tourism and trade, but also in technology and investment in local funds and stocks.
The Portuguese residency requires a stay of only 7 days per year during the first 5 years, which is especially useful for people who have responsibilities outside Portugal and do not want to stay there continuously while taking advantage of the benefits offered by this program.
The benefits of obtaining Portuguese residency include access to healthcare, multiple investment opportunities, the ability to open businesses and companies, a European lifestyle, convenient tax management, family reunification, eligibility for European passport, and the ability to live and move throughout Europe.
The processing time for Portuguese residency depends on a number of factors, but currently takes about a year, during which applicants are granted special visas until the Portuguese residency permit is issued. The nice thing for those considering Portuguese citizenship is that the 5 years are counted from the date of application and not from the time of obtaining the Portuguese residency permit.
After 5 years of residency in Portugal, the investor will have 3 options: either continue with the Portuguese residency program, obtain permanent residency, or apply for Portuguese citizenship. If you decide to choose the last two options, you will have the right to resell your investment unless you consider maintaining the Portuguese residency program.
getting Portuguese residency by investing in qualified funds
~ GCC
After the decision to cancel the real estate investment option and transfer capital to obtain Portuguese residency, it became clear that there are several other ways to obtain Portuguese residency, most notably investing in investment funds with an amount of 500 thousand euros.
Although diversifying investment in several funds requires a little more effort and costs than investing in a single fund, this is useful in diversifying your investment portfolio. It is also possible to use a company to invest in Portuguese funds.
The attractiveness of investment funds compared to other options is due to several reasons, most notably the distribution of investment and the fact that these funds are managed by experts, tax exemptions, strict supervision, huge investment returns, and the lack of the need to visit to verify the investment.
Invest in companies with strong growth prospects such as the health, agriculture, technology, renewable energy and manufacturing sectors.
Invest in emerging companies capable of growth such as the sectors of artificial intelligence, technology, e-commerce, renewable energy and innovation.
Unlike stock funds, with the option of mutual funds you invest in companies listed on the stock market and there are fewer sectors in this type compared to the other two, the most important of which are telecommunications and financial services.
✓ Technology and communications
✓ Renewable energy
✓ Tourism and hospitality
✓ Health technologies
✓ Agricultural production
Contact Global Citizen if you are interested in the Portuguese Golden Visa program or citizenship by investment programs around the world. Book a free consultation now!
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