Wheon
No Result
View All Result
  • Home
  • News
  • Gaming
    • Cricket Games
      • Cricket 07
      • EA Sports Cricket 2019
      • f95zone
      • Animeflash
  • Chat
  • Business
  • Education
  • Finance
  • Health
  • Home
  • Contact Us
Wheon
No Result
View All Result
Morning News
No Result
View All Result

Wheon > Finance > Portugal Investment Fund is One Way To Access Europe

Portugal Investment Fund is One Way To Access Europe

Sachin Khanna by Sachin Khanna
in Finance
0
Portugal Investment Fund is One Way To Access Europe

Investing in Portugal investment funds is one of the options the Golden Visa Program provides. Among other investment options, investment fund Portugal is a relatively new route to get Portuguese residency. 

This article will provide you with necessary information about Portugal investment funds and the ways to benefit from it. 

READ ALSO

Why Your Business Needs a GST Invoice Software!

What Makes Mutual Funds Suitable During Market Volatility?

Portugal Golden Visa Program

The Golden Visa Program is designed for non-EU citizens who wish to get a European residency. Applicants can be accepted for the program if they invest in the country accordingly. Citizens from non-EEA countries and outside of Switzerland can apply as well.

Since 2012, Golden Visa in Portugal has provided residency to more than 10,000 applicants. This also means that more than €6 billion have entered Portugal throughout the years. 

Portugal Golden Visa Investment Fund in Detail

Golden Visa Portugal Investment Fund became one of the Golden Visa investment options in 2017. It requires a minimum of €500,000 investment in venture capital funds or units of investment funds. 

The next steps of this option include submitting documents and waiting for approval. As in other Golden Visa options, Portuguese Golden Visa investment fund allows you to include your family in the program. 

Requirements

You need to meet certain criteria to get eligible for Portugal investment funds. For example:

  • You must be a national outside of the EEA and EU regions as well as of Switzerland
  • You must hold a clean criminal record
  • You need to demonstrate the source of your funds, and
  • You must prove that you have sufficient funds for this investment type.

What’s The Deal in Here: Benefits

Portugal Golden Visa investment fund has several benefits to enjoy including low taxes, the safety of investment, and the yields. Let’s review them one by one. 

  • The investment fund option is very affordable compared to the other Golden Visa investment types
  • You’ll deal with quite fewer taxes and fees when especially compared with real estate investment. For example, you’ll not bother with six percent of IMI transfer tax, 0.8 percent of stamp duty, and annual municipal taxes. You would, however, have to pay all these if you invest in real estate. In addition, you may be exempt from the withholding tax generated from the fund’s income
  • It’s quite secure to invest in Portugal investment funds because several authorities regulate your funds. The authorities are CMVM (The Portuguese Securities Market Commission), Bank of Portugal, tax authorities, and external fund management company
  • You may gain annual yields as well as capital appreciation out of your fund. The rates of these yields can be higher than other Golden Visa investment options
  • Fund managers are in control of your funds, so you’ll get peace of mind. 

Application Process For Investment Fund Portugal

The following are the main steps to follow while applying for Portugal investment funds:

  • You first decide on your investment fund option
  • After this, assign a law firm
  • Then, get a tax number in Portugal (NIF) and open a bank account
  • Prepare the relevant documents and sign them
  • Wait for your fund manager to approve you
  • Now, send your funds to the fund account
  • Send your Golden Visa documents to the law firm
  • Pay the application fee to the Portuguese Immigration and Borders Service (SEF)
  • In the meantime, your biometrics appointment will be determined, and you’ll show up in Portugal when it’s time. Your family members will need to be there if you want to include them too
  • Then, SEF prepares your residence permit which is valid for two years at first. You can then renew it again
  • Finally, you can receive your residence permit from SEF. 

Investing in Portugal investment funds offers you more than a residency permit in Europe. You can easily apply online and wait for your biometrics appointment. 

Previous Post

Trending women fashion inspiration in India

Next Post

Wedding Gift Ideas That Will Make the Bride and Groom Happy

Related Posts

Why Your Business Needs a GST Invoice Software!
Finance

Why Your Business Needs a GST Invoice Software!

May 18, 2022
What Makes Mutual Funds Suitable During Market Volatility?
Finance

What Makes Mutual Funds Suitable During Market Volatility?

May 19, 2022
Why Sending Money From the UK to Nigeria Is A Great Way To Make Money
Finance

Why Sending Money From the UK to Nigeria Is A Great Way To Make Money

May 11, 2022
Merchant Account with Maximum Protection from Maxpay
Finance

Merchant Account with Maximum Protection from Maxpay

May 11, 2022
Learn More About Active Trading
Finance

Learn More About Active Trading

May 9, 2022
Tax Relief Company in Los Angeles
Finance

Tax Relief Company in Los Angeles

May 4, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recommended Posts

The smart approach to store your home kitchen appliances

Protecting Your Huntsville Home with Foundation Repairs

Easy Method to Pot a Plant

How do you find a good caregiver for the elderly

Perks You Will Enjoy When Using IObit Screen Recorder

Wheon

© 2020 Wheon

Navigate Site

  • Privacy Policy
  • Videos
  • Professor Wheon

Follow Us

No Result
View All Result
  • Movierulz
  • Moviesda
  • Jio Rockers
  • Animeflix
  • Extramovies
  • Filmygod
  • Tainiomania
  • Drakorindo
  • Pagalmovies
  • Isaimini
  • Movierulz
  • Crackstreams
  • Sattamataka143
  • Jaa Lifestyle Login
  • uwatchfree
  • LIC Merchant

© 2020 Wheon