Golden Visa Portugal Property

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Golden Visa Portugal

GOLDEN VISA PORTUGAL PROPERTY CASCAIS LISBOA

PROPERTY IN PORTUGAL THE WEST COAST OF EUROPE

Beautifull Portugal as been under the spotlights of investors from all over the world. From Brasil, China, Egipt, Siria, India, South Africa, United States, Sweden, Norway... Why? The main reason is Portugal, properties in Portugal, food in Portugal, nice prime location, properties, apartments and villas in Cascais, property in Portugal have a reasonable low price. You can comply with the new law (500.000 euro) and buy a property in a prime location in lisbon or Cascais. Have a look at all reasons and the best way to get a Residency Permit to Europe click the link http://goldenvisa.blogspot.pt/

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PORTUGUESE GOVERNMENT SIMPLIFIES INVESTOR RESIDENCY PROGRAMME 

GOLDEN RESIDENCE PERMIT PROGRAMME – RECENT CHANGES

The Portuguese Government has just released an amendment to the regulations on the residency permit for investors.  This amendment has introduced very relevant changes to make this programme even more flexible and therefore more attractive to foreign investors. 

The most significant changes affect the Property Investment category, as follows:

a)    Possibility of co-ownership with each co-owner making an investment of a minimum of € 500,000;

b)    Promissory Contracts of Purchase and Sale are now acceptable for the initial investor residency application, provided that a deposit of a minimum of € 500,000 is paid.  In this event, the actual purchase of the property needs to be effected until the time of the first renewal of the residency permit.

c)     Possibility of financing to purchase the property above the € 500,000 investment;

d)    It has been clarified that the properties acquired can be freely rented and let for commercial, agricultural and tourism purposes;

As to the other categories of qualifying investments, the following was changed:

-         

Capital Transfers -  Funds can be used to invest in all types of companies;

-          Job Creation – reduced to the creation of 10 jobs;

In addition to the above, there is a significant change in the periods of mandatory stay in Portugal for the investors as these have been reduced to the following:

-

First year – 7 days;

-          Subsequent periods of 2 years – 14 days

These changes have adressed several of the concerns that have been raised over the last few months and will contribute towards making this programme even more appealing to international investors. 

(information from Neville de Rougemont)

BUY A PROPERTY IN PORTUGAL

IRGLUX - TEL : +351 214 643 636

info@irglux.com      www.irglux.com  

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Resident Visa Portugal

GOLD VISA PACKAGE

The complete package organized by IRGLUX has been a huge success.

Contacted by people from all around the world, Israel, India, China, Brasil, Porto Rico, we could initiate the process that includes Legal Services, Real Estate Package, Hotel Bookings, Translators, whatever you might need from the begining to the Issue of the Residence Visa.

It is easy to check our service, to get all information, contacts, Real Estate Package, could not be more easy and costless, just send us an email to

info@irglux.com or  TEL: +351 214 643 636

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Residency Visa Permit Schengen Portugal Property

GOLD RESIDENCY PACKAGE

The Portuguese government has recently introduced legislation facilitating the issue of a Five Year Temporary Residence Permit for non EU Citizens. The application of this law is achieved via the potential resident investing in Portugal.

This new law is simple in its application and function.

In basic terms the Temporary Residence Permit is issued automatically provided that the applicant makes an investment in Portugal in one of the following ways:

- Purchase of a property in Portugal with a purchase price above 500,000€ excluding all applicable taxes.

OR

- Transfer of funds into Portugal of an amount above 1.000.000€

OR

- Formation of a company in Portugal that creates a minimum of 30 employment

Our company, IRGLUX has created a department and structure specifically to process and accompany any non EU citizen through any of these processes from beginning to end.

- Registered Portuguese multi-lingual lawyers to accompany the process of behalf of the applicant throughout the whole process.

- Translation teams to facilitate communication regardless of the mother tongue of the applicant.

- Preselected properties in various locations within Portugal that fit with the applicant wishes in relation to investment and return on investment. This includes having available property management and rental services.

IRGLUX has created a professional team which will arrange the whole process for you and accompany this from start to finish, from the first contact to the issue of the Residency Permit.

                        Contact us now on
info@irglux.com                     TEL: +351 214 643 636 

VISA PERMITS NON EU RESIDENTS SCHENGEN

Portuguese Residency for Investors – General Overview

 

New legislation aimed at attracting foreign investment to Portugal.
Fast track for foreign investors to obtain Temporary Residency Permits in Portugal.

Types of qualifying investments:

• Property Investments - Acquisition of properties above € 500,000 in total.
• Capital Investments - Transfer of Funds above € 1,000,000.
• Job Creation - Creation of a minimum of 30 jobs.
• General requirement – Investments maintained for a minimum of 5 years.

Portuguese Residency for Investors – Property Investments – Legal Information

• Acquisition of Property above € 500,000.
• Purchased after 8th October 2012.
• Acquisition completed before the application for residency permit.
• Properties acquired free from any charges or mortgages.
• Minimum stays in Portugal – 30 days first year & 60 days following periods of 2 years.
• Residency Application made within a maximum of 90 days after entry in Portugal.
• Residency Permit granted for an initial period of 1 year & renewed for periods of 2 years.
• Possibility of permanent residency after year 5 and nationality one year later.
• Bearers of Investor Residency Permits may travel freely in the Schengen area.

Portuguese Residency for Investors – Documents & requirements

• Valid Passport and Schengen Visa.
• Valid travel document and medical insurance.
• Updated property documents showing ownership of property.
• Proof of means of income and proof of address.
• Accommodation.
• Absence of criminal conviction and of interdiction to enter the country.
• Absence of notice from the Portuguese Immigration Authorities or Schengen Services.
• Declaration from the investor confirming compliance with the investment requirements.

Portuguese Residency for Investors – Typical Application costs

• Processing Fee (initial application and renewals) - € 500
• Initial Investor Residency Permit - € 5,000
• Renewal of Investor Residency Permit - € 2,500
• Initial Residency Permit for Family Members - € 5,000
• Renewal of Residency Permit for Family Members - € 2,500

Portuguese Residency for Investors –  recommended legal services

All in one package of legal services with full support to the foreign investor covering the property acquisition and the application for investor residency permit

PropertyWork:

Full legal due diligence on property.
Preparation and assistance on property acquisition, including client representation.  Receipt and holding of funds in a Lawyers client/escrow account (if required).
Property registration procedures and document services.

Application for Residency Permit:

Preparation and submission of initial application and required documentation  Representation before the Portuguese Authorities.
Accompanying client to the Portuguese Authorities (when required).
Full assistance with renewals.

CONTACT US

info@irglux.com   TEL: +351 214 643 636

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