IMPORTANT: Portuguese President Marcelo Rebelo de Sousa Vetoes the "Mais Habitação" Package: What This Means for Golden Visa Applicants
In light of the President's veto, the decree law is set to undergo another round of voting in the parliament. Crucially, this means that real estate applications for the Golden Visa remain open until the new law is finalised and published.
The real estate market in Portugal, especially in regions like Madeira, is experiencing significant growth. Madeira, in particular, has seen a remarkable increase in its bank evaluations, with a year-on-year growth of 23% for apartments and 13% for houses.
Jul 24, 2023
Jul 17, 2023
Football superstar Cristiano Ronaldo, also known as CR7, is expanding his business portfolio with a new luxury real estate project in his hometown of Madeira. The Pestana Group, in partnership with Ronaldo, will launch the CR7 brand in the real estate sector with a new project called the Pestana Residences CR7. The project involves an investment of €50 million and will be built on a plot of land owned by Ronaldo at Praia Formosa. The development will feature 88 south-facing apartments with typologies T2 and T3 and will be a 50-50 partnership between Ronaldo and the Pestana Group.
May 16, 2023
Investing in real estate is one of the most popular ways to obtain a Golden Visa in Portugal. A Golden Visa allows non-EU citizens to obtain residency in Portugal and travel within the Schengen zone. To obtain a Golden Visa through real estate investment, you must invest a minimum of 280,000 euros in Portuguese property. In this article, we will discuss what types of real estate investments are available in Portugal and what factors to consider when choosing which investment to pursue.
May 9, 2023
In a letter addressed to the Portuguese President, the President of Madeira, Miguel Albuquerque, has requested the extension of the Golden Visa program in the island. The move comes as a means to ensure equal treatment for the region, as the program has already been extended to the mainland. The Golden Visa program allows foreigners to obtain residency in exchange for a significant investment in the country.
Apr 17, 2023
If you're an entrepreneur looking to invest in Portugal and become a resident of the country, the D2 visa might be just what you need.
Apr 12, 2023
Here are 10 reasons why you should consider investing in real estate and buying property in Lisbon.
Apr 10, 2023
Madeira is a Portuguese archipelago located in the Atlantic Ocean, renowned for its stunning natural beauty, subtropical climate, and rich cultural heritage. The region has a lot to offer investors looking to diversify their portfolio and buy real estate. In this article, we will explore 10 reasons why you should invest and buy real estate in Madeira.
Mar 29, 2023