Time’s Almost Up on Portugal’s Golden Visa

By Advertiser, in US Citizens · 20-11-2020 17:29:00 · 0 Comments
Time’s Almost Up on Portugal’s Golden Visa

Initiated back in 2012 as a way to attract more investors into Portugal, the Golden Visa Program has benefitted over 6,500 foreign investors and brought more than five billion euros into the economy.

For anyone considering investing in Portugal in order to obtain the Golden Visa it’s worth noting that the Portuguese Government announced in February that they had approved the possibility of a legislative amendment to the regime.

If this amendment goes through, investors will see restrictions on where they can purchase property in Portugal with the main areas potentially affected being Lisbon, Porto and the Algarve.

Another amendment would see the minimum value to invest in real estate - currently 500,000€ across Portugal and 400,000€ for the Algarve - increase.

With a broad range of investment opportunities available in the Algarve, ones that could see savvy investors gain a 20% ROI in five years, if you are considering investing in Portugal’s real estate market, now’s the time to do it and who better to speak to then the experts at Ideal Homes International.

Get in touch today to find out how you can obtain the Golden Visa before it’s too late. Call on +351 289 513 434, email on info@idealhomesinternational.com or visit www.idealhomesinternational.com.



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