Portugal's Golden Visa Now Focuses on Cultural Investments
Portugal's Golden Visa program, updated in 2023, now focuses on cultural investments. At the Get Golden Visa event on November 20, 2024, experts discussed new rules and investment options, including a €500,000 minimum in alternative investment funds, offering residency permits and potential citizenship after six years.
The cultural investment option, starting at €250,000 (€200,000 in low-density areas), supports artistic production and cultural heritage preservation. It provides emotional fulfillment but limited financial returns. Alternatively, investing €500,000 in venture capital or real estate funds may offer higher returns, though market risks must be considered.
Get Golden Visa, a trusted advisor since 2014, has guided over 1,000 families through this process. The five-year countdown for citizenship application begins from the first residency application date, regardless of approval. The program aims to foster cultural-economic prosperity and secure residency for new residents and their families.
Portugal's Golden Visa program, now centered on cultural investments, offers residency permits and potential citizenship. With a minimum investment of €500,000 in alternative investment funds, investors can secure residency, contribute to cultural prosperity, and potentially gain citizenship after six years.
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