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GOLDEN VISA , the European passport to Portugal

Algarve24 Legal Department helps to find the way to reliable consultancy for those who need further information.

golden visa passport

Not every country necessarily has a facility for someone to be a 'permanent resident'. Rights and application may vary widely.

The European Union countries have a facility for someone to become a permanent resident, as EU legislation allows an EU national who moves to another EU country to attain permanent resident status after residing there for five years.

For Non-European nationalities the rules vary even wider. Permanent residency refers to a person's visa status: the person is allowed to reside indefinitely within a country of which he or she is not a citizen. A person with such status is known as a permanent resident.

For a passport to the European market (from for instance: Russia, India, China, Angola, Nigeria, Mongolia, Mozambique), Portugal has created rules based on assets:

the transfer of funds to a Portuguese Bank account or the Purchase of a Property in Portugal enables access to the ‘Golden Visa’.

A European passport to the European market and to European lifestyle requires the investment of half a million Euro.

Algarve24 Legal Department brings the Portuguese Passport / Golden Visa to those who require further advice and guidance.

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