Investor willing to relocate or invest in Portugal can obtain Portugal residency, also known as Portugal golden visa by buying property from €280,000. If investor chooses to buy residential or commercial property in Lisbon or Porto, the investment amount will equal to €500,000, however a reduced rate of 20% will be applied if real estate is located in low GDP areas. If the real estate is in need of renovation or is 30 years old, the investment amount will equal to €350,000. Additionally, the reduced rate of 20% will apply if real estate is located in low GDP areas. Which areas are the best for Property Investment? Portugal’s capital - Lisbon provides the best opportunities for young professionals and entrepreneurs with its large, growing, and qualified consumer market. The blooming real estate market in Lisbon already offers prices around 10,000 EUR per square meter and they continue to grow yearly. Another great area is Cascais. It is located less than an hour’s drive from Lisbon and...
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