Unlocking the Benefits of Portugal’s Golden Visa: A Step-by-Step Guide

Portugal is undoubtedly the home to some of the most gorgeous beaches, astonishing green waters and finger licking foods. It has been one of the prominent tourist destinations in recent times.

Tourists visiting Portugal often tend to extend their stay as they can’t get enough of what Portugal has to offer.

It is also one of the places where people prefer to take a Golden Visa planning to shift abroad, to get higher and better education or to plan their retirement as it offers one of the best quality of life globally.

In this article, we will discuss and try to know what are the benefits of Portugal’s golden visa and why is everyone opting for it.

The Leiria Castle is a castle in the city Leiria in Portugal

Why is Portugal becoming the first choice for foreigners to live in

No arguments Portugal is one of the most beautiful countries in the European Union. With its majestic food and an amazing culture, everyone wants to spend their time in Portugal.

Portugal is now seeing an upward trend in foreigners moving to live in the country. People all over the globe are opting for Portugal to fulfill their dream of settling abroad for various reasons.

  • Top notch Cuisine and wines 

Portugal offers one of the most vibrant and delicious cuisines in Europe. It also has one of the most ancient and traditional wines in the world as there’s a region in the country where few of the world’s oldest wines can be found. 

Portugal’s two wine growing regions, the Douro Valley and Pico Island are now protected as UNESCO World Heritage Sites. Home to some different varieties of fishes and seafood, bacalhau is one of the famous ones out there.

  • Beautiful beaches 

Portugal is home to one of the most numbers of beaches in the world with more than 208 beaches open to the public.

In a world where Instagram pictures are high priorities, beaches here are absolutely stunning and a variety of beaches give luxury to every kind of beach going person. 

Beaches here are very close to the main cities of Portugal, so transportation facilities are very easily available.

  • Peaceful and Safe

Portugal is known for its friendly people and safe environment. Peace and tranquility has always been the country’s vital asset.

Portugal is termed as one of the safest countries in the world. It ranks 6th in the Global peace index amongst 162 others.

  • Art and Culture 

Portugal is known for its cultural diversity and the history it possesses. You can smell the fragrance of its art and culture through their ancient monuments and architecture.

Feeling the historical atmosphere of the city buildings made with azulejo tiles in blue and white tracing back to the 14th century. 

In 2013, it was made prohibited to take down any buildings which had blue and white azulejo tiles to protect its heritage.

Aren’t we already loving Portugal? And if you are considering a move to Portugal, you should know about their most common, effective and easy visa program called the Portugal Golden Visa Program.

Palace of Pena in Sintra. Lisbon, Portugal. Famous landmark. Summer morning landscape with blue sky.

What is a Golden Visa?

Generally a visa is a conditional permission granted by a country or a state’s authority to a foreigner that allows them to enter, reside, live or exit its borders.

A Golden Visa is a program that allows a certain eligible person to get a long term residence permit or even a citizenship of another country. 

These are a type of investor programs, people falling into certain categories can apply for a Golden Visa, different countries have different eligibility criteria.

Portugal’s Golden Visa Program is said to be one of the most attractive yet simplest golden visa programs in the world.

Benefits of Portugal’s Golden Visa

People world wide is opting to live in Portugal instead of many fancy countries. Portugal noted more than 26.4 million tourists last year, which is expected to go even higher this year.

Many tourists extend their visas and some even opt for golden visas after knowing its perks and benefits. Before you pack your bags, it is important to know what you will be getting if you get a golden visa. 

Some of its benefits include: 

  • Offering 6 different types of investment options 

Portugal offers residency by investment which is of six different types. Applicants can choose according to their requirements and are given full disclosure about all available investment opportunities.

It has one of the cheapest investment brackets as compared to other neighboring countries.

  • Visa free travel

Portugal’s golden visa enables you to visit or travel 191 countries without worrying about the visa. You can now visit the European Schengen zone, including Italy, Switzerland, France, and many others visa free. 

  • Family benefits

Golden visa is widely opted as it has family perks like no other. An Investor can include family members in their application for a Portuguese Golden Visa. A Spouse or a partner, kids under 18 years of age or who are over the age of 18 and are studying or parents who are financially dependent on you.

  • Top class healthcare and education

Portugal has excellent healthcare infrastructure and educational institutions. People under the age of 18 and over the age of 65 get access to the national health system for free.

In education, Portugal is known for its top notch academic institutions all around Europe. One of the finest universities there are University of Port and University of Lisbon. 

  • Low cost of living

People in Portugal live a very comfortable life with a modest salary as the cost of living is very low. On average, living in Portugal is 50% cheaper than living in the United States. It also has the lowest cost of living in entire Western Europe.

Beach near Lagos - Algarve Portugal

Conclusion

If you are wondering which country to move to, Portugal might just be the perfect choice for you. And now veteran professionals at Global Residence Index makes it even easier for people to understand and get Portuguese golden visas.

                         

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