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STEP-BY-STEP PROCEDURE FOR PORTUGAL GOLDEN VISA

Portugal’s Golden Visa permit was established in 2007 and has become one of the more popular permanent resident programs. Portugal is a great tourist attraction, offering a good and safe quality of life.

The investor visa allows residences to live, work or study anywhere in the EU making it a very attractive destination for families. Investors can purchase real estate in the scenic areas of Lisbon, Porto, Cascais, Algarve and other regions in the country.  

PROCESSING TIME:  

The general processing time to obtain Residence is about 3 months, but in practice, it takes closer to 4-6 months to process the Golden Visa, after which the applicant can enjoy all the benefits of the golden visa stated for the applicant and family.

The following is a guide to the application procedure for the Golden Visa program in Portugal. It is meant as a practical outline for clients using our services towards the Residence visa. Details may change from time to time so please contact us for updates.

CHECKING ELIGIBILITY: Contact us to check your eligibility towards your  Golden Visa Program.

Most of the applicants / investors choose the Real Estate investment option for the Portugal Golden Visa Program by investing €280,000 or €350,000 towards the residence permit and has the right to reside in Portugal and enjoy free travel within the  26 nation members of the Schengen zone. 

SELECT THE PROJECT: We can choose from a range of investment routes on the project availability with us that suits your investment and based on the size of the family and requirements.  

CHECKLIST:  We make sure we have all supporting documents as per the checklist.  The application process for Portugal Golden Visa Program is submitted with complete supporting documents collected from the clients based on the checklist that will be provided.

AUTHENTICATION:  Appoint your representative and Signing of authorisation to act on your behalf. Also, appointing Immigration Lawyer to act on your behalf towards the preparation of your application.  Meet all the document requirements such as Agreements, Authenticating all other supporting required forms.  Once all civil documents are in order prepare a submission and add the project documents to authenticate for lodgment.  

SUBMISSION: Once all documents are in order submit your application to Swap Execution Facility (SEF) followed by SEF online Interview is scheduled after documents are analysed by Swap Execution Facility (SEF) by Portuguese Immigration Services.

INTERVIEW: After all documents are in order Portuguese Immigration Services would allocate a date for an interview. The applicant would need to travel to Portugal for SEF Interview , Final decision is provided by SEF (30-90 days) towards processing the Golden Visa, after which the applicant can enjoy all the benefits stated as well for the family.

GOLDEN VISA PROGRAM’S MAIN BENEFITS: The Golden Visa Portugal is a form of a citizenship by investment program. If the potential investor fulfils the requirements that may gain  the family residency in Portugal through the means of investing in Portugal. Here are the Golden Visa program’s main benefits:

• SCHENGEN AREA (26 EUROPEAN COUNTRIES):  You and the family  have permanent free entry and movement throughout the Schengen Area (26 European countries)

• ALL DEPENDANT’S QUALIFY: Your dependent children and dependent parents will also qualify for the same benefits as you.

• NO. OF DAYS OF STAY: You only need to spend 7 days in the first year and 14 days in the subsequent years in Portugal (consecutively or non-consecutively)

• APPROVED: The program is not blacklisted by the Organisation for Economic Co-operation and Development (OECD), unlike many other Golden Visa programs.

• TAX REQUIREMENTS:  You have the option to become a non-habitual resident of Portugal and pay little or no tax for 10 years.

• PROJECTS: You can choose from a range of relatively affordable investment options. We presently have two project we are promoting.

• SECOND RESIDENCE:  You have the security of a second residence in a safe and stable country. You have freedom of opportunities for you and your family.

• CITIZENSHIP:  Hold Residence Permit for 5 years, Convert to Citizenship by applying for Portuguese citizenship.

• OTHER BENEFITS:
  • Investment Return
  • Insurance
  • Home and Living
  • Education for Children
  • Ease of Travel
  • Leisure
  • Taxation
  • Second Passport
  • Legacy for Family

 

YOU HIRE OUR SERVICES: Contact our office to know more about the Portugal Golden Visa Program and hire our service to guide you further.  You can contact us with your information by email or call for us to guide you to proceed further.

Bilimoria & Associate and our partners will help all applicants to complete the requirements such as opening bank accounts, getting tax representatives, registering the land and title deeds, submitting the documents to the immigration border agency, as well as accompanying applicants to do the biometrics.  All of our solutions are tailor-made just for you

 

OBTAIN THE GOLDEN VISA AND THE RESIDENCY PERMIT:  We make sure we apply on your behalf and comply and the legal requirements for your visa and residency permit towards the Golden visa. 

Our applications are prepared and lodged by our team of immigration lawyers specialized in obtaining Portuguese citizenship.  The conditions can differ for EU and non-EU citizens and the latter can request personalized counseling from one of our immigration lawyers.

We can guide you and assist in the preparation of your immigration visa requirements which needs our continuous support for the period of five years. We strive to achieve the highest possible standards of professional service and success rate on every application that we lodge with the Immigration department.

Towards obtaining your EU visa through Golden Visa Program, please contact us at neville@bilimoriaassociate.com or call our office at  +91 44 2823 9229  / 4350 8191 /  2822 7127 / 2822 7222  for consultation or an appointment.

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