More and more individuals from the Middle East and everywhere else in the world are starting to take up residence in Portugal. This is because the beautiful country offers a comfortable lifestyle, attractive environment and pleasant climate, making it the perfect place to call home. Besides its high standard of living, Portuguese residency comes with many other benefits and advantages that can aid a prosperous present and future for you and your family.
In This Article:
- Why Should Your Family Move to Portugal?
- How to Move Your Family to Portugal
- Who Can Move to Portugal?
- Book a Free Consultation
We all want our loved ones to be as safe, secure and successful. Moving your family to Portugal is the best possible way to ensure that this happens. After all, there is a reason why Portugal has one of the highest rates of immigration in Europe.
To move your family to Portugal, you will need to acquire a residency permit for yourself and your loved ones. This is best achieved through the country’s popular Golden Visa Program, which grants legal residency to non-European Union nationals. We will discuss the program in more detail at a later stage in the article. For now, let’s look at the top reasons to move your family to Portugal:
Why Should Your Family Move to Portugal?
High Quality of Life, Low Cost of Living
A big reason people choose to acquire residency in Portugal is the country’s high standard of living that provides all first-world comforts and conveniences at an affordable cost. The cost of living in Portugal is 30% lower than in any other country in Western Europe – one of the lowest in the region. Compared to other EU nations like Germany, France and the Netherlands, Portugal’s cost of living is relatively cheap yet still manages to offer world-class healthcare, quality education, warm weather, beautiful architecture, delicious food, pristine beaches, and so much more.
Stable Economy & Better Business Opportunities
Portugal is a diplomatic nation that maintains good relationships with almost every country in the world – which makes for a peaceful society and a stable economy.
In addition, you will gain access to lucrative business and investment opportunities in the EU. The EU’s 28 member states include some of the wealthiest countries and are the world’s largest single market with an economic zone more prominent than the United States and Japan combined – approximately 500 million consumers. So there’s no better place for you or a family member to start or grow a successful business while having complete peace of mind.
Quality Education, Healthcare & Safety
When choosing to reside in Portugal, you will have absolute peace of mind regarding your health and safety. Portugal is one of the safest countries in the world. To be more specific, it is the third safest country according to the 2020 Global Peace Index, the official ranking of the safest countries around the globe. In addition to its high safety levels, Portugal’s healthcare system is truly an international standard. The World Health Organization (WHO)ranks it as the 12th best among United Nations-member countries. You can also be assured that your children will have access to quality education opportunities while residing in Portugal.
Weather, Cuisine & Culture
Portugal has one of the highest rates of tourism and immigration in the whole of Europe. And there is a good reason for this – the country is a bonafide paradise. Residents enjoy year-round warm weather from the comfort of pristine beaches and beautiful architecture that is nothing short of a feast for the eyes. The country is also known for its vibrant culture, welcoming people and delectable cuisine. Travellers flock from every corner of the globe to experience the magic of Portugal – some love it so much that they end up staying forever. When moving your family over, you’ll never want to leave too.
Freedom of Movement Within the Schengen Zone
As a resident of Portugal, you are also recognised as a resident of the European Union. Portuguese residents have the right to travel freely without restrictions throughout the entire Schengen Area. This means that you’ll be able to visit all 28 EU member states and have access to all that the region has to offer without any hassles. Family vacations get a lot more exciting when you are living in Portugal.
Secure A Prosperous Future
Obtaining residency through the Portugal Golden Visa Program provides an indirect, legal path to citizenship in the country. After successfully meeting all the program requirements and holding residency in Portugal for 5 years, individuals are then eligible to apply for Portuguese citizenship. This means that you and your family can live, work, study and travel freely throughout the Schengen Zone for generations to come, effectively securing a prosperous present and future for you and your family.
How to Move Your Family to Portugal
Non-EU nationals can obtain legal residency in Portugal by applying to the country’s residency by investment program, also known as a Golden Visa Program. Launched in October 2012, the Portugal Golden Visa Program is a legal process based on the law that invites foreign investors from non-EU countries to obtain fully valid residency permits in Portugal for themselves and their families.
The application process consists of a few simple steps and requires applicants to meet the minimum criteria to qualify for the program. If successful, applicants will then need to purchase property in Portugal or make an alternative investment into the country – such as job creation or investing in a small local business – before the application can be filed.
Successful applicants will receive their residency permit and will gain the right to live, work, travel and study in Europe as well as gain access to Portugal’s healthcare and consumer rights. Portugal has a minimal residency that requires residents to visit the country for only 7 days per year for 5 years – the rest of the time can be spent wherever they wish.
Who Can Move to Portugal?
Any individual from any non-EU country may apply to the program as long as they meet the stipulated requirements. Applicants must be at least 18 years of age, in good health, possess no criminal record, have confirmed investment sources and successfully pass due diligence checks.
Individuals can apply as single applicants or as a family. Family members that can be included in the application are:
- The main applicant’s spouse
- Children (biological or adopted) under the age of 18
- Parents dependent on the main applicant
- Children over the age of 18 that are dependent on the main applicant
Book A Free Consultation
When applying to any Citizenship or Residency by Investment program, please be sure to render the services of a government authorized agent and advisor like Savory & Partners. The internet is rife with fraudulent companies offering scams that promise citizenship or residency within an implausible timeframe and at an impossibly low price. If it’s too good to be true, then it probably is.
Savory & Partners is a government-approved agency that specializes in High-Net-Worth individuals applying to any Citizenship or Residency by Investment program. We are a British Authorised Agent with decades of experience who has helped over 1200 families obtain second citizenship and have a 100% success rate in the industry.
If you would like to apply to the Portugal Golden Visa Program or want to learn more about the other European residency through investment programs on offer, then contact us today for a free online consultation and one of our agents will happily aid you in your endeavours. All of our team members have at least 5 years of experience in Citizenship and Residency by Investment Programs.
We are available on every channel convenient for you.