Portugal permanent residence

The Portugal Permanent Residence Program

Not only has the country of Portugal refused to abolish its Golden Visa program, but it has also expanded it with a new Green Visa sub-program.
The Portuguese Parliament has turned down a bill to abolish the Golden Visa program, that had been proposed by the opposition.
The attempt of the two far-left political parties of the country of Portugal to abolish the Golden Visa program in the country through the parliament has failed.
Instead, the members of the Portuguese parliament have voted for broadening the Golden Visa program further by adding a new sub-category by the name of “Green Visa” program.
A lawmaker for the PAN – the animal rights and environmental party -, Andre Silva has stated that it is important that the country of Portugal creates a program that would attract foreigners to invest in the areas of the country of ecological nature.
Taking into consideration the importance of reinforcing a multicultural and open society …it’s important to create an additional scheme to attract foreign investment of an ecological nature” – He has stated for the parliament.

NEW 500K GOLDEN VISA PROPERTY

GREAT SOURCE OF PORTUGAL PROPERTY FOR SALE BY TYPE

The new sub-category of the Portuguese Golden Visa program will permit foreigners to obtain the

Portugal permanent residence certificate if they invest a minimum of five hundred thousand Euros in either of the following sectors – organic agriculture, ecotourism, renewable energy, and many other environmental projects. On the other hand, the president of the Transparency International Portugal – the TI PT -,  João Paulo Batalha had argued that the Portuguese Green Visa could create more risks as they are not clearly defined, nor is the procedure necessary for certifying that these investments are being made appropriately. The Portuguese Golden Visa program offers Portugal permanent residence certificates to foreigners who invest in the Portuguese property, set up tech companies, and create new jobs. The Portugal permanent residence certificate allows one to travel freely throughout the entire Schengen Zone and further.

The European Commission has warned Portugal of the possibility of these visas being misused by criminals and the corrupt.
That is why the European Commission plans on guiding the states that are members the EU and that run Golden Visa programs on how to manage them, including guidance on how to perform adequate background checks on the applicants.
So far, sixty eight hundred and thirteen Portugal permanent residence certificates have been granted – two in 2012, four hundred and ninety four in 2013, fifteen hundred and twenty six in 2014, seven hundred and sixty six in 2015, fourteen hundred and fourteen in 2016, thirteen hundred and fifty one in 2017, and twelve hundred and sixty in 2018.

 

350.000 Golden Visa Properties

South over the bridge from Lisbon will see 800 Million in investment – New 350 Golden Visa Project

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The new Lisbon South Bay Gardens Development is located just south of the capital’s river Tejo and with fast and easy access to Lisbon city centre’s old port of Cais do Sodré. The apartments in this development come with an optional 4% guaranteed yield for 5 years from the date of completion.  Alternatively, these units […]

61 m2
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New Luxury 1 Bed with 10sqm Garden Principe Real – 459,400

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An exciting new development in the centre of the city, The Laurel sits quietly in between the peaceful gardens of Principe Real and the thriving and popular district of Bairro Alto. Rich in charm and history. This location is Picture Postcard Lisbon. In terms of both Investment and lifestyle location, Principe Real crowns the capital […]

57 m2
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Rare central Lisbon for the  350k Golden Visa Portugal  – 1 Bed Duplex 4 sqm Balcony

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Grande Passadico offers seven elegant apartments in a prime location. This development is eligible for the Golden Visa 350 program in Lisbon. A cute and tidy corner building located on a quiet street in the centre of the city, Just steps from the capital’s Marques do Pombal Square and the exclusive Avenida Liberdade. Marques do […]

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7 Units to choose from for the 350k Golden Visa Portugal  – 373,900€

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Grande Passadico offers seven elegant apartments in a prime location. This development is eligible for the Golden Visa 350 program in Lisbon. A cute and tidy corner building located on a quiet street in the centre of the city, Just steps from the capital’s Marques do Pombal Square and the exclusive Avenida Liberdade. Marques do […]

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New Luxury Lisbon Renovated Building with 8 Units for Sale _ Principe Real – From 351,200

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An exciting new development in the centre of the city, The Laurel sits quietly in between the peaceful gardens of Principe Real and the thriving and popular district of Bairro Alto. Rich in charm and history. This location is Picture Postcard Lisbon. In terms of both Investment and lifestyle location, Principe Real crowns the capital […]

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2 Beds with Gardens suitable for the 350k Golden Visa Project

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For Sale

The new Lisbon South Bay Gardens Development is located just south of the capital’s river Tejo and with fast and easy access to Lisbon city centre’s old port of Cais do Sodré. The apartments in this development come with an optional 4% guaranteed yield for 5 years from the date of completion.  Alternatively, these units […]

61 m2
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2 Bed Apartment in Lisbon eligible for the 350k Golden Visa   – 385000€

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4 GRAÇA – 350 GV Amazing top floor apartment on a building with historic preservation in Graça, a neighbourhood on top of Lisbon’s highest hill. One of the best places to watch over Lisbon is Miradouro da Graça, right next to Largo da Graça where you can find supermarkets, restaurants, kioks and cafes, bars, pharmacies, […]

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350k GV eligible Guaranteed yield – 500000€

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The Bairro Alto district is known for its bohemian ambiance, restaurants, bars and its traditional commerce. Full of character, only two steps away from the elegant Chiado, this neighbourhood keeps most of its original traits, being one of the oldest and typical areas in Lisbon. Also near to Principe Real and a few metres from […]

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This property qualifies for the Golden Visa 350 program together with a light renovations contract

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This two-bedroom, 79 m2 apartment is located on the high ground floor of a well-maintained building (This property is not on the street level.) The open plan living room and kitchen feature a high-top breakfast bar. Perfect for social events. The large closed balcony area offers floods of natural light and green/city views including views […]

79 m2
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Guaranteed yield of 4% for 2 years from the time of completion – 350,000 Golden Visa property

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This charming Duplex occupies a downtown Lisbon location. This property will be completed by the end of March 2021 and qualifies for the  Golden Visa 350 program in Portugal. This property comes with a guaranteed yield of 4% for 2 years from the time of completion. The floorspace (over 2 levels) reaches approximately 70m2 and […]

37 m2
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Golden Visa 350 program in Lapa

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This development is eligible for the Golden Visa 350 program.   Lapa 61 is set to be completed by January 2021. This small development consists of 4 floors and offers both 1 bedroom and 2 bedroom apartments. All units enjoy fitted kitchens with all new appliances.  Minimalism and simplicity in the heart of the Lapa district. […]

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2 bed ground floor with terrace 360k for the reduced Golden Visa

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The Alcântara area is a neighborhood on the riverfront of Lisbon. Here you can find a beautiful residential area with small commerce and the famous LX FActory, that features nice trendy shops, cosy cafés, hip restaurants, and many professional hubs. It was a former factory compound recently turned in a creative and leisure space. You […]

66 m2
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