The first group of immigrants who can benefit from the Portugal Investor Visa are the investors. This visa enables them to live in Portugal and invest here. This is because Portugal is a good destination for the investors. They can obtain a residence here, pay taxes in Portugal and enjoy many other privileges.
After the implementation of the Portugal investor visa program investors in Portugalcan apply for permanent citizenship also. However, they cannot invest more than twenty thousand Euros in the real estate in Portugal. Within two years of the application, the Portuguese authorities will grant them a permanent residence. During the next five years they can apply for naturalization as a Portuguese citizen. After that, they can continue living in Portugal as a non-Resident.
If an investor applies for the Portugal Investor Visa and later wants to stay in Lisbon, he will not be allowed to stay in Portugal if he has another country's passport. The Lisbon government has this policy because he is not a Portuguese national. But there are some cases where an investor has both a Portuguese passport and an original country's passport. In such cases, he can use the original Portuguese passport to stay in Lisbon while using the Portugal investor visa for the second country.
There are other investors who can benefit from the Portugal Investment Visa. One such group is the vacation rental property owners. These people can use the visa to avail of the tourist investment opportunities in Portugal. The government of Portugal has made it easier for the vacation rental property owners to get permits for investment in commercial properties and even in residential plots. In addition, they can also take advantage of the tax breaks that the Portugal Investment Visa offers. Some of these incentives include exemption on import duties, capital gains exemption, corporate taxes, property transfer fees, property rentals and certain taxes and fees.
Those who are pursuing higher education can also take advantage of the Portugal Investment Visa. This is especially useful for those who are pursuing an educational course at a college in another country. The investment opportunities available through the Portugal Investment Visa allow those pursuing higher education to live and study in Portugal for as long as they want. They need not be resident in Portugal for the duration of their education. This is unlike the UK, which requires one to be resident in the UK for the duration of their investment on a property or any other asset.
While Portugal has not yet established itself as a major tourist destination like Dubai or Amsterdam, it is still a popular holiday destination among travelers. Tourists come to Lisbon to soak in the culture and the beaches and to experience the local food and wine. With so many people looking for a cheap investment opportunity, it is not hard to see why Portugal has become a popular destination for wealthy individuals to invest in. The central part of Portugal experiences very hot summers and very cold winters. During the summer months, the temperature is barely tolerable but during winter, it can get very cold. There are plenty of ski resorts and beautiful beaches to enjoy during the winter season but for summer, Lisbon is a great place to enjoy the sun and the beaches.
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