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July 30, 2017

Portugal—A Speedy Option for Residency

Posted by:
Elevay Global

Many international news organizations have been reporting on the efficiency of established citizenship and residency via investment programmes. It is not uncommon to read about how business owners and wealthy individuals are procuring second passports for travel and convenience. A direct example of the speed and efficiency of the process is the Portugal Residency Programme. With commitment to one of three investment options (detailed below), individuals can obtain a residency permit via this programme is as little as 3-6 months.

Equally enticing facets present themselves when one reads further details of the programme, for example, the residency obligation is merely a week per year.

Portugal has been undergoing a massive rise in popularity, it was recently named Travel and Leisure Magazine’s 2016 Destination of the Year. A creative and vibrant cultural scene has emerged, and local wineries are attracting tourists from all over the world.

The time has never been better for business, in 2016 alone there were 40 new hotels constructed in Portugal. Not to mention, many new flights from a variety of destinations made it easier than ever for visitors to land. Those interested in investing are taking advantage of the affordability of real estate now, getting their feet in before prices rise.