500,000 euros immigrated to Portugal. What are its advantages and disadvantages?

Advantages and disadvantages of immigrating to Portugal;

Advantages: low cost and relaxed conditions.

Portuguese immigrants who buy houses buy properties worth more than 500,000 euros in the local area, and they can obtain Portuguese gold residence status after investing for 5 years, with almost no immigration supervision. Immigrants need to stay for seven days in the first year, and then every two years 14 days. For investment immigration applicants, there are no requirements on assets, business background and source of property, and there are no restrictions on the type, quantity and area of purchased real estate.

Advantages: fast immigration and rich welfare.

The latest Portuguese immigration bill has clearly stipulated that immigration applications must be approved within 90 days. For investors who want to immigrate quickly, this is perfect. Immigrating to Portugal, the whole family can immigrate together for three generations. After successfully obtaining Portuguese immigration status, they can enjoy the right to work and do business, their children can enjoy free local compulsory education, enjoy Portuguese public medical benefits and travel freely in 26 Schengen countries.

Advantages: high income and safe investment.

Portuguese immigrants who buy houses have low property prices and an upward trend. At present, it is the best time to start, and there is a large room for appreciation. As the best tourist country in Europe, there is a great demand for buying houses and renting houses all the year round, with an annual rental rate of 3%-5%. Owning Portuguese real estate will never be worthless. After obtaining permanent residence status, you can also sell the property, even if you don't sell it, it can be passed down from generation to generation!

Disadvantages: Non-English speaking countries need to learn Portuguese for naturalization.

For Portugal, a non-English speaking country, language problems may have a certain impact on the lives of immigrants in Portugal; In addition, if the applicant wants to change his permanent residence or apply for immigration and naturalization, his Portuguese must reach A2 level. For immigrants who want to change their permanent residence or naturalization in Portugal, it is necessary to strengthen their study of Portuguese.