close menu

A more affordable way to get an EU residency

by Andrew Rissik | Jul 30, 2018
  • It just got more affordable to invest in Europe’s most sought-after residency-by-investment programme: Portugal’s Golden Residence Programme. For as little as €350,000, you can invest in Portugal, earning you a “Golden Visa” which entitles you and your family to EU residency. There has been a lot of interest in the programme from all over the world, especially from South Africans who are looking for dual citizenship.
    porto-bridge-sunshine-portugal

    A plan B that provides peace of mind

    Investing in a Golden Visa gets you and your family EU residency, visa-free travel throughout the Schengen Area and a solid plan B in terms of security, education and lifestyle. After just five years of holding residency on this visa, you and your family are able to apply for permanent residence, and then Portuguese citizenship, earning you one of the world’s most powerful passports. During these turbulent times, having a safety net that provides peace of mind is priceless.

    The GRPP is a fully government-backed programme, and all commitments made to participants in this programme are honoured by the Portuguese government. The Portuguese government, through its immigration agency, SEF, has over and over again committed itself to the GRPP.

    The laws surrounding the programme have recently been amended to make the programme even more attractive to foreign investors. This is not a fly-by-night programme and participants needn’t ever have sleepless nights wondering if their visa will be revoked on a whim.

    We have teams in South Africa and Portugal, as well as trusted lawyers and real estate partners who can assist you through every step of the investment process. From deciding which investment route is right for you, to setting up a Portuguese bank account, tax advice and fiscal applications. Our EU immigration experts will also assist with your and your family’s residency applications, and eventually your application for Portuguese citizenship.

    Have a question about the Golden Residence Permit Programme?

    A long-term investment requires a trusted partner

    As the programme has become more popular and the market has matured, participants are attempting to go it alone to avoid paying a service provider fee. This is ill-advised, as these applicants usually have no one on the ground in Portugal to advise them, and easily fall prey to unscrupulous real estate agents and lawyers. We often hear horror stories of South Africans who have attempted to do their applications themselves.

    Not only will you likely land up overpaying on your investment by using the wrong agent or lawyer, but there have been multi-million Euro cases of fraud involving GVP participants. The best course of action is to use a service provider who is industry-leading and has a team in South Africa as well as in Portugal. The fees you pay for this service pale in comparison to the risks you expose yourself to when attempting to go it alone.

    There’s no need to hesitate

    Getting involved in this programme could be one of the largest financial commitments you’re likely to make, and that’s ok. The programme is stable, well run and offers potentially great returns, not just in the form of EU residency for you and your family, but in a potentially yield generating asset or investment.

    What’s more, you don’t have to spend that much time in Portugal to hold your Golden Visa. This means you can live in South Africa whilst holding EU residency.

    In addition to this, if one waits too long to get involved and make their investment, their children may have passed the eligible age for dependants and are then unable to obtain dual residency.


    If this sounds like something you’re interested in or if you’d like to discuss the programme in more detail, feel free to get in touch with one of our Golden Visa consultants on +27 (0) 21 657 2141 or on goldenvisa@sableinternational.com.

    We are a professional services company that specialises in cross-border financial and immigration advice and solutions.

    Our teams in the UK, South Africa and Australia can ensure that when you decide to move overseas, invest offshore or expand your business internationally, you’ll do so with the backing of experienced local experts.

    • Portugal panaroma
      Portugal’s Non-Habitual Residence programme: How you can make your income tax-free
      Nov 12, 2019  |  by Cláudia Mendes
    • Figuera da Foz seascape
      Silver Coast Portugal: Your guide to a dream expat destination
      Oct 14, 2019  |  by John Dunn
    • No-deal Brexit flags
      [Update] What a no-deal Brexit means for EU nationals
      Sep 09, 2019  |  by John Dunn
    • Portugual school children
      Moving to Portugal – how to choose the right school for your children
      Mar 06, 2019  |  by John Dunn
    • Lisbon-aerial
      Why the Portugal Golden Visa remains the best in the world
      Jan 31, 2019  |  by John Dunn
    • Brexit
      Here’s what the new EU Settlement Scheme will mean for EU nationals living in the UK
      Jan 24, 2019  |  by John Dunn
    • UK-family
      UK citizenship case study: How an adopted child can have more rights than a natural child
      Nov 19, 2018  |  by John Dunn
    • british-passport-on-map
      Claim a British passport from your great grandparent
      Oct 16, 2018  |  by John Dunn
    • portuguese-flag-blue-sky
      South African investors set their eyes on Portugal’s booming property market
      Jun 29, 2018  |  by Andrew Rissik
    • Big-ben
      The good character requirement: Minor offences that could cost you your British citizenship
      Jun 26, 2018  |  by John Dunn
     
     

    South Africa

    Cape Town

    Regent Square
    Doncaster Road
    Kenilworth 7708 +27 (0) 21 657 2120

    Durban

    25 Richefond Circle
    Ridgeside
    Umhlanga 4320 +27 (0) 31 536 8844

    United Kingdom

    Croydon

    One Croydon
    12-16 Addiscombe Road
    Croydon CR0 0XT +44 (0) 20 7759 7514

    Australia

    Melbourne

    9 Yarra Street
    South Yarra
    VIC 3141 +613 (0) 8651 4500

    Sable International is a trading name of 1st Contact Money Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services Licence issued by ASIC to deal in foreign exchange (1st Contact Group - AFS Licence number 335 126).

    We use cookies to provide the best website experience for you. Using this website means that you agree to this. How we use cookies.