Currently, US nationals represent about 20% of Portugal’s Golden Visa applications, making them the leading nationality in the program. The United States recently surpassed Chinese investors, who had been the dominant applicants since the program’s inception in 2012.
Based on our extensive experience serving US-based clients, we have identified the 17 main reasons why Americans are choosing Portugal for their Golden Visa investment.
1. A Culturally Rich and Historic Nation
Portugal is one of the oldest countries in Europe, yet it remains dynamic and culturally rich, boasting 17 UNESCO World Heritage sites.
2. High Quality of Life
The country is known for its safety, welcoming environment, friendly people, stunning landscapes, and excellent cuisine.
3. Stable and Predictable Weather
With over 300 sunny days per year, Portugal offers a mild Mediterranean climate ideal for those seeking an enjoyable outdoor lifestyle.
4. Affordable Cost of Living
Living in Portugal is, on average, 40% cheaper than in the United States, making it an attractive destination for expats.
5. Political Stability and a Growing Economy
Portugal enjoys political stability, a resilient economy, and strong ties with the European Union, ensuring a secure investment environment.
6. Easy Access from the US
With numerous direct flights from major US cities, reaching Portugal is simple and convenient.
7. Free Healthcare and Education
Portugal offers free public healthcare and education to residents, providing excellent benefits for families.
8. Visa-Free Travel in Europe
Portugal’s Golden Visa allows visa-free travel across the Schengen Area, which includes 29 European countries, offering seamless movement for investors and their families.
9. No Residency Requirement
US investors do not need to relocate to Portugal to maintain their residency. The minimum stay requirement is only 14 days every two years. Additionally, those who stay less than 183 days per year are not considered tax residents.
10. Strong Real Estate Market
Portugal’s booming real estate market remains far more affordable than the US, making it an attractive option for investors.
11. Family Inclusion in the Application
The Golden Visa allows applicants to include family members, granting them the same residency benefits and freedom to travel within Europe.
12. Inclusive Laws for Unmarried and LGBT+ Couples
Unmarried couples living together for at least two years are eligible for the Golden Visa. Additionally, Portugal fully recognizes LGBT+ applicants and their families.
13. Fastest Route to Citizenship in Europe
After only five years, Golden Visa holders can apply for Portuguese citizenship, gaining access to a Portuguese passport, which allows visa-free or visa-on-arrival travel to 191 countries.
14. Dual Citizenship Allowed
Portugal permits dual citizenship, allowing investors to retain their US passport while enjoying Portuguese nationality.
15. Tax Benefits & Exemptions
-
- Portugal’s IFICI+ program provides important tax benefits.
-
- No inheritance tax and tax-exempt donations for immediate family.
-
- Only residents staying in Portugal for over six months per year must pay tax on income earned in Portugal.
16. Competitive Advantage Over Other Golden Visa Programs
-
- Spain’s Golden Visa program is closing soon.
-
- Greece’s program is dominated by investors from China, Turkey, and Lebanon, making it more competitive for US citizens.
17. Private Equity Funds – A Preferred Option for US Investors
Private Equity Funds are now the main investment route for Portugal’s Golden Visa. Many US investors are already familiar with securities investments, making this option even more appealing.
Why Choose The Blue Portugal?
At The Blue Portugal, we are a leading immigration consultancy in Portugal with a proven track record of helping investors make the best decisions. Our team specializes in analyzing investment opportunities to ensure you find the best solution for your needs.
If you have any questions about the Portugal Golden Visa program, feel free to contact us today!
