Click on interactive Red Tabs for info. Click for 2019 price increases.
Company co-founders Kieron Norris and Jason Gillott are Hong Kong Residents who have either personally gone through the Portugal Immigration Process or have made successful property investments in Portugal. This experience has made them aware of all the potential obstacles, pitfalls and issues with unnecessary fees and charges, leaving them perfectly placed to advise people who want to buy property or move to Portugal.
I bought a great investment property in Cascais thanks to the GVP Life Limited property team, and their extensive local property network. I paid zero sales commission, and the value was not only in the fact that 3 generations of my family qualify for the Golden Visa but the house has actually gone up 40 percent in value since I bought it, and we get great holidays every year in our new property with the security of knowing the family has a plan b.
Portugal has become our second home since securing residency through GVP Life Limited’s immigration team and connection to their excellent partners. They provided a fast, efficient and effective service for my whole family and their partners on the ground in Portugal were amazing.
It is a fantastic country! GVP Life Limited helped so fast by taking the pain out of doing it ourselves, residency has given our family and especially our kids the future security they need in an increasingly unstable World; with great educational opportunities and full employment rights in the E.U. secured. We couldn’t be more relieved as Brexit has made the UK less appealing as a safe haven for Hong Kongers, and we have a certain exit if needed now
If you are a non-E.U. or E.E.A. citizen, have no criminal record, are willing to purchase health insurance and have the means to afford one of the investment routes with no encumbrance, then you are eligible!
Property Investment comprises over 90 % of all Golden Visa investments. The full list of options is as follows:
The process is easy and transparent and provides for free movement within the Schengen Area and a clear path to European citizenship within 6 years. The visa is also cheaper than other European residency-by-investment schemes.
Remember The Golden Visa scheme is only available to non-E.U. or E.E.A. citizens who must do the following:
Under the Portugal Golden Visa Scheme you can bring your spouse, any children under the age of 18 or dependent children aged 18-26 if they are unmarried and in full-time education, as well as the parents of either spouse if they are aged over 66, or aged over 55 and dependent on the main applicant. You can also bring siblings under the age of 18 of either spouse, if they are your legal responsibility.
It is always good to be careful, particularly where companies make fast over promises.
A mixture of legal, property and immigration companies are taking advantage of Golden Visa applicants by offering investment options that both look great on paper and meet the investment requirements – however, these options, mainly property, are often priced way above market price to take advantage of foreign investors, and often the developments are not clear of horizontal planning. This means that after 1 year of the initial Golden Visa if the property is not fully legalized then the Golden Visa process is stopped at year 2. We at GVP Life Limited with our partner lawyer CCA only work with property partners who sell clear developments to our Golden Visa clients.
It’s not uncommon to see firms offering properties to Golden Visa applicants for the convenient sum of €500,000 when the property is in fact worth much less. At GVP Life Limited, we pride ourselves on helping you make investment decisions which are in your interests and based on our own experience in investing in Portugal where we see a solid investment with good rental and capital returns.
Also many companies charge very high fees compared to GVP Life Limited, and are often three or four times more and often charge the buyer a sales commission on each property sale. We at GVP Life Limited do not expose our clients to properties that charge sales commission.
The Company Founders are permanently based in Hong Kong, staffed by Hong Kong Residents, whose founders have made the successful move to Portugal, and GVP Life Limited is accountable under Hong Kong law to our International clients, and to Hong Kong people who use our services. The Hong Kong legal system is one of the best in the World as it is based on common English law.
Yes, same sex couples in Portugal can apply for the Golden Visa, and have all the same rights as heterosexual couples. The children of same sex couples are also eligible for residenency as dependents as long as under 18 years of age. Same Sex Marriage is recognized in Portugal.
You need 3 months of original utility bills as proof of registered address to be able to open a Portuguese bank account, national I.D. cards. You need to provide all original birth and marriage certificates, secure a certificate of non criminal record from your place of permanent residence, have a valid passport of at least 2 years, get a valid health certificate from a recognized Doctor approved by the Portuguese Govt.
A full list of all the documents will be provided to you once you enrol with GVP Life Limited.
Note: If you lack any of the above then start applying for them asap or the Golden Visa process will be slowed down. For a Certificate of No Criminal record this can take a month to secure.
We have studied all the other options and this simply the best, fastest, least complicated, safest and most rock solid method as it generates returns on your investment and property is a key tangible that Asian investors understand and trust.
No it is undergoing a dynamic structural change, tourism is a mainstay but one key sector which has attracted major multinational investment is the new I.T. knowledge based economy especially in cities such as Lisbon and Porto. The Government invested heavily into education during the financial crisis and it is now paying dividends, for this reason the property rental markets are very healthy and capital growth. Following links show recent big investments:
The most important aspect of the process of obtaining Golden Visa residency and investing in Portugal is to work with a reliable and transparent law firm to ensure that all aspects of the process are handled in a hassle-free, and efficient manner. To achieve this consistently, we have partnered exclusively with CCA, a multi-disciplinary law firm, which all GVP Life Limited’s Partners personally deal with and who have been known to us for many years.
The GVP Life Limited team’s personal experience of moving to Portugal, coupled with CCA’s local legal expertise, also ensures we can help our client’s take full advantage of the numerous tax benefits on offer to expatriates and investors.
Serious Note: If your process is handled incorrectly it can create a legal , personal and financial nightmare, which is why we have a tried and tested team dedicated to this.
We have watched examples of investors and expatriates being wrongly advised by local property agents, lawyers and investment firms, and later on they have ended up with a large and unnecessary tax liability, legal complications or even a denial of their Golden Visa.
This often occurs through buying an incorrect investment property. One of our founders went through many of these negative experiences, this is what motivated him to create this company and prevent others from doing so.
To get in touch to learn more, please fill in our Contact Form to arrange a free consultation.