Portugal golden visa ~pros and cons

Jan 16, 2021 9 Comments

Anybody having experience in portugal golden visa investment program ? Any reference is greatly appreciated ..

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TOP 9 Comments
  • Wish
    bg1001

    Go to company page Wish

    bg1001
    Portugal is better in rehabilitation project you only need to invest 280k EUR besides only 34 days residency required in 5 yrs
    Apr 9, 2021 0
  • It's pretty expensive, like half a million expensive. Why not Estonia instead? Costs less than half of that, still Schengen (so you can travel to Spain/Portugal/etc), very cheap CoL and everyone speaks English/Russian. Also you can get residence permit via opening your own startup there instead of buying an oversized overpriced property and save even more money
    Jan 16, 2021 0
  • Yes, I had decided fund option was best for me too.

    But you have to realistic about opportunity cost. Even at 350k EUR minimum (let's say $450k (including expenses), at a 8% per year return in the US stock market, the lost value is close to 200-250k.
    Oct 29, 2021 2
    • Procore
      wNWR43

      Go to company page Procore

      wNWR43
      @snowflake you can invest in GV funds that can give potentially 8% and also get your PR or Passport
      Nov 27, 2021
    • I don't know about 8% returns man.. these are funds that are setup to support Portuguese businesses "first". Profits/returns only come second.

      I think the best performing fund will do 3-4% at best, before fees.
      Nov 27, 2021
  • Procore
    wNWR43

    Go to company page Procore

    wNWR43
    I've explored this for few months. Real estate purchase may be expensive (overpriced) for GV purpose. Fund option is what I feel makes more sense considering additional real estate purchase costs, taxes, etc. But wanted to visit once before I could decide but travel has been a challenge so far. And then from Jan 1 2022 ,Euro 350K ->500K.
    Oct 29, 2021 1
  • OP: did you end up deciding on this? Are you buying RE in portugal?
    Feb 12, 2021 0