Travelling visa-free across the globe, enjoying tax incentives and accessing a wider range of educational and healthcare services were once luxuries reserved for the fortunate few – but not any longer. Citizenship by Investment (CBI) and Residency by Investment (RBI) has opened the doors to high net worth investors (HNWIs) seeking freedom of travel, favourable tax advantages as well as the option to live, work and study in a new jurisdiction. Plus, with a wide range of investment options and countries to choose from – to include Portugal, the Caribbean, the US and the UK – finding the right program to suit your needs, or the needs of your HNWI clients, can be achieved easily and stress-free, from the comfort of your own home and within a matter of months.
PORTUGAL HAS OPENED ITS DOORS, BUT THE RULES ARE CHANGING
Portugal is just one example of a country that offers an attractive Residency by Investment program. The Portugal ‘golden visa’ program was launched in 2012 to help stimulate the economy, and is one of the most flexible and accessible programs on offer, with few conditions and a transparent process. For example, one only needs to spend 7 days a year in the country to qualify for residency! With its favourable climate, stunning coastline and rich culture, it’s no wonder investors are flocking to gain residency of Portugal to not only benefit from the prime real estate the country has to offer, but also enjoy a whole host of benefits that come hand-in-hand with Portuguese residency – including access to the country’s healthcare, education and business opportunities. Residency also enables investors and their families the option to reside, work and study in Portugal should they so choose, as well as the ability to move freely within the entire Schengen area.
GAINING PORTUGUESE RESIDENCY VIA REAL ESTATE
Investing in Portuguese real estate is one of the easiest and most popular routes to gaining Portuguese residency. Investors can enjoy the luxury of having a second home in this prime holiday and cultural hotspot, either for their own enjoyment or for income generation, while also enjoying all the benefits that go along with being a Portuguese resident. Portugal offers a wide variety of stunning properties to choose from, from prime city centre apartments, to beachside luxury dwellings, and with a minimum investment requirement of just €280,000, it’s hard to see any downside. And Windsor Capital Management, a CBI/RBI specialist, has exclusive access to some of the most desirable golden visa properties available. Once a resident of Portugal, investors can also choose to apply for citizenship of the country too – which affords them and their families the right to further widen their horizons and live and work anywhere in the EU.
THE TIME TO ACT IS NOW
While the Portuguese ‘golden visa’ program will continue to be a popular choice for years to come, key changes have been made which will see minimum investments rise in certain categories, and parts of the Algarve no longer accessible to those seeking ‘golden visas’ via residential property investments. The new rules, which come into force in January 2022, mean investors need to act fast to secure their property in one of the prime residential spots this dynamic country has to offer.
To find out more about RBI in Portugal, and to learn how investors can secure their property and location of choice in time for the 2022 deadline, or for information on the CBI/RBI programs of the UK, USA, the Caribbean and more, contact the team at Windsor Capital Management today.
Windsor Capital Management is a specialist advisory firm, assisting global citizens with their Citizenship and Residency requirements.
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