With GDP of USD270 billion and population of circa 11 million, Portugal is one of the Southern European with strong international links though its strategic Atlantic coast location, imperial history and trade relationships. It has a diversified agricultural, manufacturing, financial services and tourism sectors contributing towards economic growth. During the financial crises (2008) the Portugal government went through a bail out process and initiated the long term structural reform program. Over the last 18 months Portuguese economy has stabilised and the country has successfully re-established access to financial capital markets.
As a lifestyle destination, Portugal offers all year round good weather, gastronomic delights, historic as well as modern architecture, internationally minded local communities, world class golf courses and sports facilities. It has excellent education, health and logistics infrastructure and business friendly environment, making it easy to establish and run both local and global businesses. The property market after softening over the last five years has stablised. There are already signs of an upward trending price curve in few regions.
To accelerate growth and Foreign Direct Investment , Portuguese government launched “Golden Visa” immigration scheme. The Golden Visa provides a path to EU residency (5 years) and citizenship (6 years) through a minimum investment amount is € 500,000, which can be invested in residential or commercial property.
Virtuoso has both luxury as well as quality traditional and modern properties in all the major regions of the country. We provide an integrated solution from finding a property, executing purchase, (where needed) assisting in filing for residency, managing the property (letting it if needed), helping to renew the residency within 5 years, assisting to prepare for citizenship, helping to apply for citizenship and selling/reinvesting in the property. Please get in touch for details of properties and Golden Visa program.