The Golden Visa in Portugal has been launched since 2012. This program is a golden opportunity for investors wishing to enter the European market or obtain second citizenship in a relatively short period.
The program also offers many advantages that every investor is looking for to find a better environment for him and his family. The Golden Visa in Portugal Program has been rated as one of the best investment residency programs in the world.
Benefits of obtaining a Golden Visa in Portugal:
The Portugal Golden Visa Program offers many benefits to investors and their families. The most important 12 advantages offered by the program can be mentioned in the following points:
1. Residence permit: The main advantage of the Golden Visa in Portugal is the opportunity to obtain a residence permit in Portugal for the investor and his family members. This permit allows them to live, work and study in Portugal.
2. Visa-free travel: Golden Visa in Portugal holders can travel freely within the Schengen Area, which includes most European countries, without the need for additional visas. This allows visa-free travel to more than 26 European countries.
3. Maximize ROI: While the traditional real estate route to Portugal’s Golden Visa is on hold, new avenues like commercial projects and mutual funds offer investment potential with job creation perks
- Family reunification: The Golden Visa in Portugal also extends to the investor’s family members, including spouses, children, and dependent parents. They can also obtain residence permits, which means they have the right to work, learn and live. Where individuals can be added according to the following:
- Husband or wife.
- Children under 18 years of age.
- Educational dependent children over 18.
- The applicant’s parents or dependent spouse are over the age of 55.
- The applicant’s siblings or spouse are under the age of 18.
5. Permanent Residency and Citizenship: Five years after obtaining the visa, investors and their families can apply for permanent residence in Portugal. In addition, after six years, they may be eligible to apply for Portuguese citizenship, which gives them access to all the benefits of EU citizenship.
6. Flexible Residency Requirements: The Golden Visa in Portugal has relatively low residency requirements. Investors must only spend an average of 7 days per year in Portugal during the initial five-year period.
7. Tax Advantages: Portugal offers favorable tax terms for foreign residents, including tax credits on foreign income for the first ten years of residence. This can be particularly attractive to retirees or individuals with international sources of income. Plus tax benefits on inheritance and foreign income.
8. High Quality of Life: Portugal is known for its good quality of life with its affordable cost of living, low crime rates, and friendly people living in the country. It also achieved the highest rankings, being fourth in the category of safest countries and eleventh in infrastructure.
9. Access to Education and Healthcare: The golden visa holder and their family have access to high-quality education and healthcare systems in Portugal. Where the children of the Golden Visa holder in Portugal receive the benefits of free and semi-free study in Portuguese educational institutions.
10. Potential for financial returns: Apart from the residency and citizenship benefits, the various investments of the Golden Visa in Portugal have the potential to generate rental income and capital appreciation over time via investment projects and government bonds.
- Climate and Environment: Portugal has a mild climate and a beautiful natural environment, which makes it an ideal destination for those looking to enjoy an outdoor lifestyle. Portugal has acquired a Mediterranean climate and is one of the countries known for its warm sun and enjoyment of sea beaches. The average temperature is 24 degrees Celsius, and this feature is one of the important factors that prompted many investors to choose Portugal as their second country.
Read more about the 7 most famous tourist places in Portugal.
- Multicultural Environment: Portugal offers a diverse and multicultural environment with a rich history and culture, making it an attractive destination for those looking to relocate. It is also a country that enjoys wide popularity with different classes of investors that extend all over the world.
It is important to note that the specific details and requirements of the Golden Visa in Portugal program change from moment to moment, so it is advised to consult official sources or legal experts such as NTL to obtain the latest and most accurate information before making any investment decisions.
Türkiye’s Transition to The Electronic System E-Devlet
Türkiye’s transition to the Electronic system:
Day-after-day e-government services in Türkiye contribute to facilitating the daily lives and transactions of citizens and residents by saving time and efforts. These services vary between municipal services, ministries services, issues related to judicial cases, registration procedures for exams and universities, health and social insurance procedures. Besides, patients can obtain appointments at hospitals through the Internet, in addition to the possibility of applying for unemployment aids and applying for a passport.
Turkish Economy Exceeded Expectations
The Turkish economy delivered a performance that exceeded expectations last year and is forecast to post significant growth this year.
According to the Investment Office of the Presidency of the Turkish Republic, Türkiye has jumped up 10 places and ranked 33rd in the World Bank’s Doing Business 2020 report. It ranked 69th in 2017, 60th in 2018, and 43rd in the 2019 editions of this report.
More than 48 million visitors on New Year’s Eve in Türkiye
The charming Türkiye, The Top Tourist-Generating Country.
Türkiye ranked fourth in Europe in the list of best tourist hosts. Where it hosted in the eleven months of the year 2019 until the eve of the New Year nearly 48 million and 46 thousand and 732 visitors. The largest number of visitors were from Russia, Germany and the United Kingdom, followed by Bulgaria, Iran and Georgia, with expectations of receiving 70 million tourists before 2023.
Languages, Official Exams and University Admission in Türkiye
It is said: “The Turkish language does not accept competition in its country.” Therefore, anyone who thinks about life, learning, and work in Turkey must seriously consider affiliation with the Turkish language teaching institutes for foreigners, which vary in three sources: public universities institutes, private centers, and municipal centers, the differences between these sources are reflected in the curriculum and method of language teaching and whether it focuses on teaching the daily life language, or the academic language, and in the schedule of these courses Quarterly system as in universities or other system, as well as tuition fees for these courses, and the privileges like accredited certificate at most Turkish universities.
Types of Schools and Universities in Türkiye
A family residing in Turkey has several options for teaching children in Turkish schools and universities, Let us begin with schools that vary between public and private schools.