The allure of the Portugal and Greece Golden Visas

With growing global instability and uncertainty, many high-net-worth individuals are seeking alternative options to secure their families’ futures. Two of the most popular investment migration programs are the Portugal Golden Visa and the Greece Golden Visa – and for good reason.

The Portugal Golden Visa: diversifying for the future

Portugal’s Golden Visa program has long been a favourite among foreign investors, and the past year has only heightened its appeal. In a surprising twist, Americans have now overtaken Chinese nationals as the top applicants for the Portugal program. This shift is largely driven by concerns over the political landscape in the US, with the possibility of unstable Kamala Harris and Donald Trump administrations leaving many seeking a more stable haven.

The Portugal Golden Visa offers a straightforward path to EU residency and, eventually, citizenship. However, recent changes to the program have eliminated the real estate and real estate-linked investment fund options. Instead, the focus has shifted to investment funds targeting key Portuguese industries.

A minimum investment of €500,000 in these approved investment funds, which are tax free, can now grant applicants and their families access to visa-free travel throughout the Schengen area, as well as a route to Portuguese citizenship after just five years of residency, with only 35 days needed in the country over that period to qualify.

As an experienced immigration-by-investment consultancy, GV Life is well-positioned to guide clients through the nuances of these investment options and help them establish a diversified portfolio whilst ensuring their portfolios are strategically aligned with the program’s requirements. 

The Greece Golden Visa: evolving opportunities

Greece has also established itself as a compelling destination for investment migration. The Greece Golden Visa program has recently undergone some changes, notably with an increase in the investment limits in certain key areas and a narrowing of the eligible property categories in others.

The minimum investment in traditional property for the Greece Golden Visa is now €400,000, up from the previous €250,000. While this may seem like a modest increase, the program has also maintained a €250,000 limit for streamlined eligible properties, focusing primarily on renovated properties in certain key locations. This change has created a more focused and targeted investment opportunity for prospective applicants.

GV Life’s expertise in navigating these program changes is invaluable. As an established immigration-by-investment consultancy, we have a deep understanding of the evolving landscape and can help clients identify the most suitable investment options to meet their needs and goals. 

Choosing the right path forward

Whether you’re drawn to the diversified investment opportunities in Portugal or the evolving options in Greece, the Golden Visa programs in these countries offer a compelling path to EU residency and, ultimately in Portugal, a realistic route to citizenship. As the global landscape continues to shift, the value of these investment migration programs becomes increasingly attractive.

At GV Life, we pride ourselves on our unwavering commitment to our clients’ success. With our extensive experience and in-depth knowledge of the latest program updates, we are uniquely positioned to guide you through the complexities of investment migration and help you secure your family’s future. Contact us today to learn more about how the Portugal and Greece Golden Visas can benefit you, and be sure to join us for one of our informative webinars by contacting us via our website.

www.thegvlife.com | info@thegvlife.com

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