Three Reasons Why Portugal’s Golden Visa Program Is Right For You
A deep dive into the unique perks that Portugal’s Golden Visa Program has to offer
More international professionals are researching ways to work remotely and to set up shop in other new and interesting locales than ever before. The past year and a half of COVID-19 lockdowns have taught us that our careers and work are oftentimes flexible with where we can take care of business.
Working from the comfort of our homes has opened up doors for international professionals. And the idea of working from a greener pasture, while soaking in the benefits that comes with these areas, is as tantalizing as it is possible in 2021 and beyond.
Enter the concept of a “golden visa.” A golden visa refers to programs that allow international professionals to live and work in a country on a temporary limited basis. To qualify for these types of visas, one must invest in a real estate or business entity within the country they wish to reside in. Though types of investments will vary depending on the country you are interested in residing in, most have similar outlets.
These programs foster rapport with people who bring their business and work to a country and expand the national economies of these locations. Enticing foreign professionals helps stimulate the economy, and finding ways to usher in new times of growth and opportunity for foreign professionals, entrepreneurs, and investors is a top priority for numerous European countries.
There’s a number of golden visa programs that are active and available for those interested in making the move to Europe. While these programs may be similar in the inspiration behind them, the qualifications needed to apply, the types of entities you can invest in, as well as the perks you get once accepted, do vary from country to country.
Portugal’s golden visa program seems to be the gold standard (see what I did there?) for these types of programs. Those who have had their eye on Portugal may find that this golden visa program is the ideal opportunity to finally follow through on these long-standing daydreams of finding a new beach to work from.