Why Invest in Portugal | Benefits of Portugal for Golden Visa Applications

• Portuguese Real Estate is appreciating by up to 20% + per year in some key locations and between 15-20% in the traditional coastal regions, and foreign investment now represents a large portion of this.
  Source: Bloomberg 2022 / Portugal Resident 2022
• Portugal’s economy is growing above the EU average, 5.8 percent expected for 2022 by European Commission, double the EU average.
• Portugal was most recently rated the 4^th safest country in the world by the Global Peace Index
• Portugal is a stable democracy and has been a continuous, uninterrupted political entity for almost 1,000 years
• Portuguese air quality & environment is consistently rated in the top tier of EU measurements
  Source: European Union
• Reliable Legal Environment
• Very welcoming environment for new immigrants
• Largely English Speaking Nation
• Entry to the Eurozone with full life time rights
• Portuguese Passport in 2019 was rated the third most powerful passport in the World
  Source: www.passportindex.org

The recent growth in the Portuguese property market is set to continue with even the capital Lisbon still seeing some of the lowest costs per square metre amongst European Capitals. Some comparisons between key cities can be found in the table below:

Source: checkinprice.com

The Golden Visa Scheme

The Golden Visa scheme is one of the most Global friendly schemes, with almost 10,000 successful applications as of 2022. The scheme will continue along these lines, since the Socialist Party who started the scheme have just seen their majority increased in Portuguese politics and have broadened the investment avenues for a Golden Visa. The newly re-elected Prime Minister has said that the country welcomes new immigrants.

The scheme is enormously popular with Portuguese society, as this relatively small country has now seen EUR 5 billion in foreign direct investment since the programme started in 2012 (Source: Reuters) – a huge boost for the economy and a country that had seen declining population numbers in the years following the financial crisis, now being reversed. Since the scheme started, Portugal has emerged as one of the fastest growing economies in Europe thanks largely in part to inward investment via the Golden Visa programme and other avenues. This is a country that has the aspiration and vision to become the Monte Carlo of the Atlantic Coast and the stability to pull it off.

As a company, we have seen hundreds of our clients make successful investments in Portugal and when looking at the other options such as Cyprus, Malta, Greece and Caribbean economies, the prospect of greater returns is obvious in Portugal and allows investors a smooth entry into a Eurozone country that boasts one of the most stable and best lifestyle environments in the World.

The Portuguese Economy has entered a golden growth period and it is a key time to invest with a fantastic lifestyle environment.

Moreover, the Portuguese Golden Visa scheme does not require you to move to the country – one must spend only 7 days a year for 5 years in order to obtain Permanent Residency, after which you can apply for a Portuguese passport and EU citizenship. This means you can continue your life as normal and, thanks to double tax treaties between Portugal and many International countries, there is no need to increase your tax burden.

GVP Life believe that Portugal represents the best global safety net coupled with world-class schools and education, an excellent climate, a booming economy, fresh seafood, widely spoken English, award winning medical services and is regularly rated as one of the World’s cleanest environments. With all of this combined with a streamlined visa process and a thriving international community, it is simply the best residency programme on offer right now.

More info about Portugal Golden Visa https://en.wikipedia.org/wiki/Portugal_Golden_Visa