British citizens now eligible for Portuguese Golden Residency program
PORTUGAL (EU) RESIDENCY BY INVESTMENT
- ESTIMATED APPROVAL IN 90 DAYS
- REAL ESTATE INVESTMENT FROM €280,000
- INVESTMENTS TO BE KEPT FOR 5 YEARS
- VISA-FREE TRAVEL WITHIN 26 EU STATES
Citizens of the United Kingdom are now eligible for Portuguese Golden Residence Permit Program, one of the most successful in European Union. Portuguese program is open for non-EU/EEA citizens only and wasn't available to Britons as the United Kingdom until 2021 even though Great Britain officially has left the EU on 31 January 2020.
Residency in Portugal is a convenient way for British nationals to secure their second home in Europe and enjoy visa-free stay in Europe. Portugal is already very popular among Britons for retirement, but before Brexit they didn't have any legal barriers preventing them to move to the EU freely. Now it is necessary to get a visa or any other permit to stay in Portugal for more that 90 days over in any period of 180 days.
As for now, Portugal provides various investment options through the Portuguese Golden Residence Permit Program. One of the most beneficial for investors is an opportunity to buy a house in Portugal for a minimum value of €280,000 - €500,000, depending on the region and when it was built. Other options include capital investment of €1,000,000 or establishing a business with at least 10 new jobs.
Unfortunately, starting from July 2021 investment in favourable coastal locations will no longer qualify for the residency in Portugal. Astons recommends to start the application process as soon as possible in order to secure permanent residency in Portugal.
Contact Astons now and get a personal consultation free of charge. Our professional experts will find the best solution according to your personal circumstances and needs.
Astons is a leading global property and immigration advisory firm with offices in London, Beijing, Moscow, Dubai and Limassol (Republic of Cyprus) and offers residency & citizenship investment solutions worldwide including the UK, Turkey, Vanuatu, the EU and the Caribbean.
For further information or to discuss your personal circumstances in a private consultation, please contact Astons at info@astons.com or call +44 207 292 2977.
