Published at: 02/11/2020 11:00 am
The Portuguese Golden Visa allows citizens of South Africa to get residency, citizenship, work permit and tax advantages in exchange for a small investment in real estate.
First of all: the Portugues Golden Visa - ARI program will change from 2021! Only real estates outside of the major cities and the litorals will qualify for the program. Suppose you want to invest in a property in Lisbon, Porto or Algarve. In that case, it's time to make your decision and ask here a free consultation about the residency by investment program of Portugal!
Let's talk about the money you must spend to purchase real estate in Portugal! Here are the four residential real estate investment options of the Portugal Golden Visa Program:
280,000 EUR: real estates built more than 30 years ago and are outside of the major cities.
300,000 EUR: real estates built more than 30 years ago
400,000 EUR: real estates outside of the major cities
500,000 EUR: purchase of a real estate
You purchase the real estate; we help you to obtain the residence permit. In the first year you have to stay seven days in the country, in the second and the third 14, in the fourth and the fifth years 14 days and become a permanent resident. In the sixth year, you can become a citizen of Portugal.
Discus Holdings Ltd's representation in South Africa is waiting for an email or call to set up a consultation and share all the details of the process with you! Contact us here!