Golden Visa
To move the economy, the government of Portugal approved in early 2013, a budget with a standard package of tax incentives to foreign retirees who decide to live in the country for more than 183 days a year and created the "Golden Visa", a new type of visa for citizens from outside the European Union.
The Golden Visa allows citizens residing outside Europe and to invest more than 500 thousand euros in property in Portugal to get European residence and therefore spend circulate freely throughout the Schengen area.
The Portugaltopcars Luxury Car Rental will be happy to help in OBTAINING A RESIDENCE PERMIT IN PORTUGAL FOR INVESTMENT ACTIVITY (ARI) process:
GOLDEN VISA or ARI - Residence Permit for Investment Activity.
The current legal provisions open the possibility for foreign investors to apply for a residence permit for investment activity, who have regular entry into national territory (holders of valid Schengen visa or visa waiver beneficiaries) by a transfer of capital , job creation or purchase of real estate.
Who can apply?
Nationals of third countries who pursue an activity investment, personally or through a company, that leads, as a rule, the implementation of at least one of the following situations in the country for a minimum period of five years:
1) Transfer of capital in an amount equal to or greater than 1 million;
2) creating at least 10 jobs;
3) Acquisition of immovable property of a value equal to or greater than 500 000 euros.
Covers the holders of capital stock of a company established in Portugal or in another EU State and with a permanent establishment in Portugal, with regularized contribution situation.
With the Golden Visa can:
• Freedom of movement within the Schengen space and access to the European lifestyle;
• Create family roots in a safe, warm and with a good health system and teaching country;
• Monetize your investment in a real estate market with great opportunities
Documents Required:
• Passport or other valid travel document;
• Proof of legal entry and stay in the national territory;
• Proof of health insurance;
• Requirement for consultation by the Portuguese Criminal Record SEF;
• Criminal record certificate from the country of origin or the country where he resided for more than one year;
• Proof of contributory situation regularized by submitting negative statement updated debt issued by the Tax and Customs Authority and the Social Security.
This visa allows any investor to move freely and work in Europe (Schengen) without any restrictions.
As for retirees, the government offers exemption from IRS (Income Tax) from conforming to these two rules: the citizen must be taxed in another country with which Portugal has signed an agreement to avoid double taxation; income that gave rise to the pension should not have been generated in Portugal.
Besides the tax incentives and visa, Portugal bet its beautiful landscapes, mild climate all year round, low cost of living, quality health and safety to attract a new wave of foreigners who can move the country's economy. The creation of new routes by airlines, the local cuisine and the hospitality of the Portuguese people close with a flourish the list of attributes that nation.
The Portugaltopcars offers the following advisory services:
- Support in the home buying, Luxury properties for sale in Portugal
- Investment Opportunity
- Purchase of new vehicle or used
- Covers the entire process of obtaining a visa
- Total Monitoring in every phase of the process
Contact us by info@portugaltopcars.com
