7 reasons why Indians invest in Portugal through Portugal Golden Visa


Since the start of the program in 2012, more than 10,000 investors and 17,000 family members have benefited from the Portugal Golden Visa program.

Quality of life, low cost of living and safety are some of the reasons that put Portugal at the top of the list of favorite destinations. Not all travelers are tourists – many are interested in investing and living in another country. Known for its warmth and hospitality, Portugal is a country that is rooted in respect for others, further increasing investor interest in it.

According to SEF, Serviço de Estrangeiros e Fronteiras (Foreigners and Borders Service), 10,442 visas were issued and 17,426 family members benefited from the creation of the Portugal Golden Visa program in 2012. In 2020, the foreign population living in Portugal increased for the fifth consecutive year, growing by 12.2% compared to 2019. This growth translated into a total of 662,095 foreign residents.
The number of Indian investors has increased significantly over the past few months and the country was among the top 5 nationalities to receive the Portugal Golden Visa in January and February 2022.

Given this scenario, here are the seven reasons why investors are investing in Portugal:

1. Quality of life

Portugal has a good infrastructure, a well-developed health system, security, recreation and a Mediterranean climate almost all year round. These attributes put the country at the top of quality of life rankings.

2. Portugal is open for business

According to the Institute of Management Development (IMD) World Talent Competitiveness Center, Portugal continues to rank among the countries with the best global talent competitiveness scores for 2021. The main reason people seek to invest in Portugal is the positive attitude of the country towards international affairs. Portugal offers access to key markets, qualified human resources, competitive costs, excellent logistics infrastructure and advanced communication systems.

3. The government welcomes immigrants

The Portuguese government has opened its arms to foreigners who wish to work, study and invest in the country. In 2020, the resident foreign population increased for the fifth consecutive year, growing by 12.2% compared to 2019. In addition, Portugal received the award for best European destination for four consecutive years (2017-2020) , demonstrating the strength of travel, tourism and hospitality in Portugal. sectors.

4. Second nationality

The Portugal Golden Visa is an investor visa that allows you to obtain foreign capital to boost the economy of Portugal. At the same time, the investor can obtain European residency in less than a year.

5. Permanent residence

The Portugal Golden Visa allows investors and their family members (spouse, dependent children up to 25 years old and economically dependent parents of the investor or spouse) to access permanent residency when applying for the program.

6. Multiple investment modalities

The Portuguese program includes eight investment modalities, among which the acquisition of real estate is the most popular. Some terms start at a minimum investment level of €280,000. In addition, the residence permit is issued in less than 10 months after the visa application.

7. Open the doors to Europe

The Portugal Golden Visa also allows investors and their family members to have access to professional development and educational opportunities in all countries of the European Union, with the possibility of applying for permanent residence and Portuguese citizenship. after five years.



The opinions expressed above are those of the author.



About Author

Comments are closed.