Reasons Why You Should Consider a Portuguese Citizenship

There are very few ventures that one comes across in his/her lifetime that is as life-changing as the residence-by-investment programme in Portugal. And right now, it is the best time to apply for it, with Portugal having lowered its investment requirements as well as adding some new options. Also popularly known as the "golden visa", the residence-by-investment programme has seen immense popularity since its very inception in the year 2012 – mainly because of its myriad benefits.

Here are the key advantages of getting in touch with the Portuguese passport agents in Goa to apply for a Portuguese citizenship:

Minimal residency requirements

A key reason why the Portuguese residence-by-investment programme has gain so much popularity is pertaining to the flexibility that it affords its investors. One needs to spend a total of only 7 days annually in the country in order to maintain his/her resident status – which is less than two percent of the whole year. A lot of people do choose to spend longer periods of time in Portugal though – given the great lifestyle that Portugal has to offer.

Get access to the Schengen area

Portuguese residency and citizenship entitle the person to travel throughout the Schengen area without visa. The Schengen agreement that was signed in 1985 dissolves all the border controls across its 26 member-states. And this gives the residents a notable benefit in terms of trade and travel. For the investors who have business commitments across Schengen area, this enables inter-Schengen trade for them to progress without unnecessary roadblocks and with faster pace.

From EU residency to EU citizenship

By making a reasonably modest investment, the residence-by-investment programme offered by Portugal grants the investor resident status – along with a chance to live as well as work in the country should the person chooses to. Of course, the Portuguese residency is highly beneficial in itself, but it is also a swift gateway to acquire Portuguese citizenship, suggests the Portuguese Passport agents in Dubai. If a person meets all the criteria, and has been a resident of Portugal for atleast six years, then he/she is eligible to apply for the country’s citizenship. As soon as you have become a Portuguese citizen (and therefore an EU citizen), you can live and work freely anywhere across the EU, and also travel visa-free or on visa-on-arrival term to nearly 172 countries.

Lower tax burden for the residents

Portugal offer a very attractive and lucrative tax advantage through their NHR programme or Non-Habitual Residency Programme – something that foreign investors are much likely to be eligible for obtaining, suggests the Portuguese passport agents. It makes the country one of the top ta-beneficial environments for foreigners, and one can apply for it as long as they have not lived in the country for 5 years before getting their tax resident status.

The process of Portuguese residence-by-investment programme can take atleast 2 months. As long as one doesn’t have a criminal history, and has all the documents in place, he/she is ready to be a Portuguese resident.

"We can help you get the Portuguese passport and make the process simple and easy for you.Citizens born in the former Portuguese territories of Goa, Angola, Macau, Daman, Diu, Dadra & Nagar Haveli, etc. are Portuguese citizens, including their descen