Benefits Of The Portugal Golden Visa Program
With the use of Golden visas programs countries can encourage investment in all sectors to help boost the economy. All the investors want to venture into areas that promise success and thus the news of a stable and expanding economy. The location you select ought to be viable as well and this means that there is the required infrastructure and that you get all the global transport options. Finally, you have to ensure that you will love to live in the country. Since it is the dream of many entrepreneurs to enter the European market, then this a good opportunity.
In this article, we will gander at the merits you will gain by joining the Portuguese golden visa program. To begin with, you will enjoy free travel opportunities. This means that you will have the permission to enter into another European country. When you want to go to another country, you have to go through the tiresome and long process of applying for a visa which may be denied. By being on this program, you will not require a visa to move into other states. Therefore, you will be flying freely into any EU country and do business without any hurdles in your way.
You are treated as if you are a citizen of Portugal by being of the golden visa program. You will as well qualify for the resident permits in other states in Europe by applying for the Portuguese golden program. When you are trying to earn this permit, there are many background checks to be performed and you may fail. You will be able to get it easily in any other European country when you are in the golden visa program.
Fair completion in doing your business is another advantage you are going to get. Many know that you might not compete fairly as you will have to pay taxes that residents are not paying in your sector which affects the pricing. The Golden visa program gives you an opportunity of not paying taxes as well or being required to pay a small percentage for 10 years. This gives you the muscles to compete well with your competitors.
Another benefit for you is earning Portuguese citizenship after some time. This is when you can sustain the golden visa program for the next 5 years. The golden visa program also gives you the advantage of enjoying the company of your family. The golden program is able to value the benefit of staying close to your family. Therefore by having the Portuguese golden visa, you will have the chance of shifting with your family members to the country so that you can have them around at all times.