What are the advantages of Portuguese investment immigration and what are the benefits?

Like other countries in the Schengen area, a visa is required to stay in Portugal for more than three months. For non-EU citizens living in European countries, Portugal's gold visa is a more suitable choice. Portugal's gold visa attracts investors' attention because of its relatively low investment baseline, loose residence requirements, generous allowances and other advantages. What are the advantages of Portuguese investment immigration in 2023? EasyGo Easy Travel International is described in detail in this article.

The return on 1. investment is large.

Portuguese gold visas cannot be separated from large investments. Although these investments can bring returns in themselves, especially when the value of Portuguese real estate is steadily rising, they can also obtain a wide range of returns through holding Portuguese gold residence status and enjoy welfare benefits.

2. tax incentives

While Portuguese citizenship offers many benefits, Portuguese gold visa investments are particularly popular because of tax incentives for foreign investors. Tax incentives enjoyed by foreign investors have made Portugal's gold visa one of the most popular. Investors who move to Portugal are exempt from international income tax and pay only 20% of the tax on income originating in Portugal for the first ten years. This reduces the burden of non-resident residents (NHR) paying taxes on income from foreign sources such as self-employment, return on investment, rental income and capital gains.

3. free medical care

Many investors will enjoy free health insurance granted by the right of residence in Portugal. The Government of Portugal provides free health care for all children under the age of 18 and adults over the age of 65. This excellent health care system, coupled with loose tax policies, has made Portugal a preferred retirement destination for foreign investors. Since Portuguese gold visas can be passed from applicants to their spouses, children and parents, foreign investors can provide these benefits for their loved ones. This policy is suitable for foreign investors who have children or whose parents depend on them for medical support.

4. gets EU status

After establishing residency in Portugal through a gold visa, the applicant and his family will embark on the fast track to obtain Portuguese citizenship. After only five years, gold visa holders can start the Portuguese immigration application process, which is one of the shortest time in any EU country. One of the main benefits of holding Portuguese citizenship is the ability to live, work and study in any EU country. Most importantly, the Portuguese passport allows a person to travel to multiple countries and regions without requiring a visa. In addition to five years of residency, applicants must have no criminal record in Portugal and their home country, have no unpaid taxes in Portugal and pass the basic Portuguese test. Overseas people who obtain Portuguese citizenship also obtain EU citizenship, and the benefits are very good!

5. travel benefits

Before obtaining Portuguese citizenship, Portuguese gold visa holders can enjoy travel benefits similar to those of full citizens. After overseas people successfully immigrate to Portugal through investment, they can choose to apply for a Portuguese gold visa to enter the entire EU without hindrance.

In short, overseas immigrants to Portugal can enjoy many benefits, such as Portugal's excellent health care system and Portugal's first-class education level. And investors will also enjoy the significant tax-saving advantages of the program. Since its introduction in 2012, Portugal's golden visa scheme has raised billions of euros and granted residency to more than 10,000 applicants. Many overseas people and their families who want to immigrate to Europe should take action immediately after understanding the Portuguese immigration policy and its advantages! If you have any questions, please consult EasyGo International immediately and you will get full help!