One of the best ways to get a Golden Visa in Portugal is to buy real estate. Buying a rental property, commercial real estate, or even a home for you and your family can open the door to dual citizenship or Portuguese residency for you and your family.
The good news is that there are plenty of great investment properties available in Portugal, including many in some of Europe’s most popular destinations. And they are often priced significantly lower than what comparable properties would cost elsewhere.
When it comes to buying the best real estate in Portugal, the same basic rule applies: “Location, location, location!”
Portugal is home to some of the world’s most popular tourist destinations. While they may not be as widely known in the US, people from all over Europe, Asia, South America, and elsewhere flock to the beaches of The Algarve, the cosmopolitan fashion and cultural center of Lisbon, and the pastoral beauty of The Alentejo.
Then there’s the historic area known as The Silver Coast, where visitors can find countless castles, pilgrim shrines, abbeys, and ancient Medieval villages where time has seemingly stood still.
Buying Real Estate
In Portugal, investing in real estate is generally done through an agenzia inmobilaria, which is the local term for a real estate firm. They can help you find a variety of properties that meet your needs.
Once you settle on a property, your agent typically will negotiate a price with the seller and handle the paperwork and documentation. It’s generally advisable to have an attorney check the title, contract, and everything else. Once the sale is completed, both you and the seller sign the escritura (title deeds) in front of a notary.
Buying real estate overseas is always tricky. But it can be the key to meeting the qualifications for Portugal’s Golden Visa program. When you are ready to get started, the experts at BRINT Portugal are ready to help.