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Developing a business involves creating an effective investment program. Investing money in real estate, stocks, or a fund is profitable, especially if it comes with additional benefits. Today, more and more people are seeking a second passport in this way. Developed countries offer entrepreneurs excellent living conditions and a complete package of social guarantees. In addition, the lucky ones who have received the coveted document have more freedom of movement. They can travel without restrictions to the most exotic corners of the planet. Participation in the Golden Visa program will allow you to become a holder of residency in Portugal as quickly as possible. It will give you the right to pursue education or successfully obtain work experience.
Portugal Golden Visa Overview
According to the requirements of obtaining this document, candidates become free to visit all Schengen countries. As the leading expert of Immigrant Invest, Zlata Erlach, says, any project participant can get portugal residency in 5 years. As a result, he will be able to move freely, visiting the most exciting tourist attractions almost all over the world.
The project allows its participants to get jobs and freely receive education in Portuguese institutions. However, they will not do without health insurance. Residents will be able to take advantage of all benefits and privileges provided by the state.
School education is organized according to the national program, but you can also apply to an educational institution with an international focus. A work permit also allows you to start your own business.
Obtaining Options in Portugal for Israelis
Candidates interested in this popular project can live in one of the best parts of Europe. This opportunity has been available for Israelis for about ten years. To participate, you need to:
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purchase a dwelling or non-residential property;
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make a personal contribution to an industry;
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create new jobs.
According to Zlata Erlach, a leading specialist of the Immigrant Invest agency, the project’s primary goal is to attract more funds into the state economy. However, its participants can also count on their benefit. They can obtain civil rights much faster than ordinary residence permit holders.
Key Benefits of Portuguese Golden Visa for Israelis
Obtaining the document has quite many advantages. Let’s name the most significant of them:
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The ability to visit more than a hundred countries without additional authorization, including visa-free countries with a Portuguese passport and Europe.
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Tax exemption for those who live in the state for at least 183 days per year.
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Possibility to obtain citizenship after 5 years.
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Stay for only one week per year to confirm status.
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Free access to medicine and education.
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Many opportunities for those wishing to make financial contributions.
Program for residents of Israel implies a wide choice of areas for investment, as well as flexible terms of processing and obtaining the relevant documentation.
Legal Requirements and Application Process
You must carefully analyze your financial capabilities, submit the application, and pay the required amount to become the owner of all the promised privileges. The event’s success depends on the correct execution of the relevant documents and compliance with deadlines.
To obtain a portugal investor visa, participants in the project must complete the following actions of their choice:
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buy any Portuguese real estate worth 500,000 euros or less in some areas of Portugal;
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make a contribution of at least €1.5 million by transferring funds to any financial institution in the country or €500,000 for research and development;
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offer 10 jobs to permanent residents of the country.
The candidate must be of legal age at the moment of participation in the residence program. His children, parents, and siblings may also join the program
Journey to Portuguese Citizenship
The Golden visa is the best opportunity to quickly obtain the right to live in Portugal with access to all the benefits provided by the state. Participants can experience all the portuguese passport advantages as soon as five years after obtaining the temporary right.
The application process for acquiring the right of temporary residence consists of several steps. The participant must prepare well and identify investment options. It can be pretty difficult to do this on your own. Therefore, it is better to contact a qualified agency; experienced specialists will provide you with the necessary assistance. They will advise where it is better to invest funds and control the required documentation’s correctness.
Conclusion
Today, traveling freely in Europe is a privilege not only for those who live permanently in the Schengen territory. Expanded rights are offered to citizens living far outside the European Union, including the possibility to study and work in Europe.
Any investor in Israel has a unique opportunity to relocate to Portugal permanently. The Golden Visa benefits include free tourist travel and the prospect of obtaining all the rights of a citizen of that country.