The offer is fairly simple but is governed by an inflexible set of rules: If you are a foreign resident outside of European territory you may apply to obtain a permanent residency visa when buying a property in Portugal for the price of not less than 500,000.00 Euros, and can then travel freely through the Schengen area (acceding European countries) as any resident May.
There are several bureaucratic and regulatory steps that must be followed to ensure full adherence and application to the "Golden Visa" programme, such as:
-Have a clean, translated, recognised and authenticated criminal record of the country of origin, as well as a valid Schengen Visa.
-The applicant/buyer needs to keep the investment/property for a minimum period of five (5) years and remain in Portugal in the first year for a period of not less than 30 (thirty) days. In the second and third year a minimum period of 60 (60) days, and in the fourth and fifth year a minimum period of 60 (60) days.
If you wish to learn more about the "Golden Visa" program, please contact us and we will send you a complete brochure with steps and procedures, and assist your purchase process and application for the permanent visa program, with full tax and legal advice.