Portugal’s Golden Visa programme is a government scheme which offers citizens of non-European Union countries and now British Passport Holders the opportunity to obtain residency – and potentially, citizenship – in Portugal once they have invested in Portuguese property.
The programme has been extremely popular for investors across the globe in search of free movement within the EU.
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A decision by Portugal’s Council of Ministers has been made to update the residency-by-investment programme in a bid to push more foreign investors towards low residency regions. Previously, investment had been concentrated to the capital city of Lisbon and the second city Porto. Going forward, investors are not allowed to purchase property in large urban and coastal centres to get the Golden Visa.
The new programme will be effective from July 1st 2021. IP Global offers investment opportunities in Lisbon for investors looking to take advantage of the Golden Visa scheme before the changes come into play. Join us for more details.
Key Takeaways From This Webinar:
Director of Wealth Management | IP Global (Grant's CEA Registration Number: R027901G)
Grant has over 18 years experience in supporting clients to build and maximise their investment portfolios. He joined IP Global in 2006 and since then has advised on over USD250 million worth of global property investment transactions.
Investment Manager for Portugal and UK | IP Global
Stacey Cara Rohwer is IP Global’s expert on the Portuguese and UK markets. She is the investment manager responsible for all acquisitions and investments in Portugal and the UK from initial sourcing, due diligence and negotiations to final acquisition. Stacey holds a Bachelor of Science (BSc) Honours Property Studies degree from the University of Cape Town and has, to-date, successfully launched over USD220 million in UK real estate and USD19 million in Portuguese real estate on behalf of IP Global.
Partner, Co-Head of Real Estate Investment & Funds | ARISH Capital Partners
Rakesh Majithia is a partner at ARISH Capital where he co-heads the Real Estate Investment & Funds Division. Rakesh is a member of the Institute of Chartered Accountants in England and Wales (ICAEW). Before moving to the hedge fund industry as a partner in 2010, Rakesh worked at a prominent investment bank, where he spent 10 years handling a variety of investment banking & real estate financing transactions.
Partner, Head of International Sales and Markets | ARISH Captial Partners
Rosalia Torres is a partner at ARISH Capital where she heads up the Sales and International Markets Division. She has 12 years of banking experience in Spain and the UAE, covering the real estate market among other key industries. Her prior roles include area manager for South Catalunya in Spain and Director for the Retail Direct Division at a major local bank in the UAE. Rosalia’s specialisation is in overseas real estate advisory and immigration through property investment. She is also the founder of Alespanya Properties and Global Minds, a company offering solutions to global wealth creation and second citizenship through cross border real estate investment.