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A Lawyer’s Take on the End of Golden Visa
What about pending golden visa applications?
Any pending applications will be converted into a D2 special entrepreneur visa. Golden Visa applications can still be submitted and the pending ones will be converted to these D2. Also regarding the proof of stay, it will continue to be seven days per year on average.
Portugal’s Golden Visa: Property Investment Thresholds
Are you ready to take the leap and purchase a residential property to apply for Portugal’s Golden Visa? Have you considered where and what to buy? This post is going to cover everything you need to know about the Golden Visa thresholds to help you make some decisions.
What is Portugal’s Golden Visa?
Portugal’s GV is one of the most sought-after golden visas in Europe. It offers residency in return for an investment starting at 280,000 EUR and only requires you to spend an average of seven days per year in the country.
Golden Visa in Portugal Ending?
Portugal is considering ending the golden visa program as it seems to have fulfilled its intended purpose. Antonio Costa said: “There are programs that we are currently re-evaluating and one of them is the Golden Visa program, which has probably already fulfilled its function and for which there might at this point no longer be any justification for keeping it.”
The Costs of Holding a Property in Portugal
There are lots of sites that can explain this topic way better than I can surrounding the mundane details of transfer taxes, transfer stamps, sales taxes, property taxes, and capital gains taxes, so with this post, I only wanted to point out a few things from our experience with our foreign buyers.
Reasons Why Expats Choose Portugal
Excluding the archipelagos, just the main continent has almost 1000 kilometres of gorgeous coastline, nearly 300 days of sunshine and warm temperatures. This picturesque, westernmost European country is a hop, skip and a jump away from other European hot spots like London and Paris, making travel around the rest of Europe short and sweet.