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Can I immigrate if I want to buy real estate and invest in Portugal?
I Portugal's real estate immigration policy
When you apply to immigrate to Portugal, you can get your status through many ways, but it can't be ignored that Portugal's housing immigration policy once became the applicant's first choice. Portuguese real estate immigrants can obtain identity by buying a house with a price of 5 million/350,000 euros. The specific requirements are as follows:
1. The principal applicant purchases real estate in Portugal with a value of not less than 350/500,000 euros;
2. The principal applicant must be at least 18 years old, be in good health and have no criminal record;
3. Applicants must purchase a family living allowance of 20,000 euros in Portugal;
Second, the difference between 350,000 euros and 500,000 euros is still in the house.
1 500,000 euro property is free, and applicants can choose their favorite room type and location;
23,500 square meters of real estate must be in the real estate reconstruction area designated by the Portuguese government, and the houses here are generally more than 30 years old and need to be renovated.
Third, the cost of Portuguese real estate immigrants.
As mentioned above, according to the Portuguese real estate immigration policy, the cost situation will be different. Portugal's 500,000 euro property is just the cost of buying a property. This property worth 350,000 euros includes renovation costs. However, no matter what kind of Portuguese real estate immigration policy, the total cost is not limited to the purchase cost, but also includes lawyer's fees, agency fees, third-party immigration fees, property taxes, medical examination fees and so on.
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