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PRESENTATION PORTUGAL INVESTOR VISA Residence Permit / Citizenship - Portugal Procedures, Major Questions and Remarks 2016 In Partnership with – Indian Rep Office:

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Page 1: Ppt   pt goldenvisa - jay

PRESENTATION – PORTUGAL INVESTOR VISA

Residence Permit / Citizenship - Portugal

Procedures, Major Questions and Remarks

2016

In Partnership with – Indian Rep Office:

Page 2: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

Benefits:

Can Live in all Schengen Countries

Can Work in all Schengen Countries

Can Travel within all Schengen Countries

Can Request Citizenship and get Portuguese Passport after 6 years

Can Establish a Business in all Schengen Countries

Can Enroll Kids in All Public Schools for Free or Private as Local

If working in Portugal can enjoy all benefits of Social Welfare including free hospitals

Can give birth to a Child in a Public Health Institution without any costs and for next 2 years

Can enjoy Retirement Pension

Extremely low minimum stay requirement (7 days first year and 14 days following periods of 2

years)

www.ptgoldenvisa.com 2 [email protected]

Page 3: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

To obtain this Residence Permit Visa (Golden Visa) all you need to do is fulfill investment requirements.

A Golden Visa is granted for foreign that for minimum period of 5 years fulfill one of these requirements:

a)Acquisition of Real Estate in total value equal or greater than 500.000 Euro (half a million Euro) for new properties, 400.000 Euro for new

properties in areas with less than 100 habitants per km2, 350.000 Euro for Properties with more than 30 years old and 280.000 Euro for

properties more than 30 years old located in areas with less than 100 habitants per Km2. In this case you are entitled to buy one or more than

one property and it does not need to be residential property. You can choose between doing your investment in Residential, Commercial or Rural

or Plots.

b)The creation of a company that holds 10 permanent jobs. All this jobs need to be newly created and certified by local Social Security

Institution that proves the legal employee certificates.

c)Transfer capital in an amount equal or greater than 1.000.000 Euro (1 million) into a Portuguese Financial Institution for a period of 5 years.

The certification of this transfer needs to be provided by Financial Institution in order to be able to apply for Golden Visa.

This investment can be performed in the name of a company as long as you are the sole or first holder of the shares of the com- pany in the

amount percentage of capital invested being equal or greater to one million Euro.

Once you obtain your Golden Visa you are entitled to freely travel between Schengen Space which is composed by 26 countries and use same

visa policy. (Germany, Austria, Belgium, Denmark, Slovakia, Slovenia, Estonia, Spain, Finland, France, Greece, Hun- gary, Iceland, Italy, Latvia,

Lichtenstein, Lithuania, Luxembourg, Malta, Norway, Czech Republic, Netherlands, Poland, Portugal, Sweden and Switzerland).

www.ptgoldenvisa.com 3 [email protected]

Page 4: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

WHAT ARE THE REQUIRED DOCUMENTS?

How to Obtain Golden Visa and European Passport (Portugal)

To request the Golden Residence Permit you need to submit your application to Portuguese Immigration Service (SEF). It must be done with

appointment and with fully complete application form and legal documents:

a)Passport or travel document with a validity of at least three months;

b)Valid Schengen visa, or a short term visa – In order for the Residence Permit to be granted, non EU citizens must regularize their stay in

Portugal, within 90 days of their first entry into the country. A short term visa – Schengen visa, may be issued by the Portuguese consulate in the

country of origin.

c) Proof of legal entry and stay in Portugal is mandatory;

d) Proof of health insurance;

e)Police Clearance Report of the country of origin or of the country where the applicant has resided for more than one year, duly recognized by

the Portuguese authorities (authentication by the Portuguese consulate or apostille) (Required for all appli- cants over 16 years old);

f)Sworn statement by the foreign national, attesting that the same will comply with the minimum quantitative and time requirements

regarding the investment activity in Portugal;

g)Declaration issued by the Portuguese Tax Authorities and social security attesting the in-existence of any debts of the foreign national to the said

entities;

h) Proof of one of the 3 (three) types of investment

www.ptgoldenvisa.com 4 [email protected]

Page 5: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

WHAT IS THE USUAL PROCESS?

1. Obtain Schengen Visa

a) Fill Schengen Visa Application

d) Schedule an Interview at closest consulate or embassy

2. Schedule the Trip dates in Portugal

a) advise exact traveling dates

3. Arrive in Portugal

a)We will pick you at airport

b) Help you to make Check in at your hotel

c) Take you for Formalities (POA, NIF,)

d)Help you to Open a Bank Account with referred Account

Managers

e)Help you buy a Health Insurance in case you do not hold an

International Valid One

4. Visit 2-3 Days of Real Estate – Great Lisbon Area or and

Algarve

a)Show you different type of properties

b) Show you different locations

c)All properties with management / fact sheet / return on

investment calculation / Gross value

5. Help you sign the initial contract of each property

a) Make a down payment - Deposit to Secure Property

b) Check Records of Property

c) Schedule the Official Property Transfer – Public Deed

6. Make the Visa Application

a)Prepare all documentation to be delivered

b)Collect the Permanent Residence Cards and Deliver them

to you

www.ptgoldenvisa.com 5 [email protected]

Page 6: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

1. 3 UP TO 12 WEEKS TO GET A SCHENGEN VISA

2. 1 UP TO 2 WEEKS IN PORTUGAL

3. 2-12 WEEKS TO ORGANIZE FINANTIAL ASSETS

4. 1-3 WEEKS TO OFFICIALLY TRANSFER PROPERTY RE-

CORDS

5. 1-2 WEEK COMPLETE DOCUMENTATION FILE

6. 3-8 WEEKS TO GET THE RESIDENCE PERMIT CARDS

From 12 WEEKS UP TO 35 WEEKS TO COMPLETE AN APPLI-

CATION

Please note the schedule of the payments:

50% of the Legal Fees during the Trip in Portugal.

Payment of Real Estate Deposit - Buying Contract.

Payment of Real Estate Remaining Value - When registering the

Properties in your Name.

Payment of Public Notary Fees - When registering the Prop- erties.

Payment of IMT Tax and Stamp Tax (1-8% + 0,8%) After prop- erty

registration.

Payment of Government Fees when Applying for PR 50%

of the Legal Fees on PR Cards delivery.

www.ptgoldenvisa.com 6 [email protected]

Page 7: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

Property Value Transfer Tax Value to Reduce

Up to 92.407 1% 0

From 92.407 to 126.403 2% 924,07

From 126.403 to 172.348 5% 4.716,16

From 172.348 to 287.213 7% 8.163,12

From 287.213 to 550.836 8% 11.035,25

Over € 550.836 6% 0

Example:

Property Value 500.000 Euro.

Transfer Tax (500.000 Euro x 8% - 11035.25 Euro)

www.ptgoldenvisa.com 7 [email protected]

Page 8: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

GOVERNMENT FEES

Main Investor:

-Analysis fee for SEF – 517,40€ (for the government to check all the

documents and approve)

-After the SEF approval for the documents the investor need's

to pay 5.173,60€ to be issued the residence card;

For each family member:

-Analysis fee - 80,60€

-After the SEF approval for the documents each family member

has to pay 5.173,60€ to be issued the residence card;

After the first year, renewal every 2 years:

-Investor pays - 2.586,80€

- for each family member - 2.586,80€

-if dependent is a minor enjoys a 50% discount to issue de card:

2.586,80€

- renewals are made after 1+2+2+2 years

All renewals have the duration of 2 years and will cost the same

as before.

Legal Fees:

Investor - 4500€

Each family members - 1000€

Renewals (each member and investor) - 750€

www.ptgoldenvisa.com 8 [email protected]

Page 9: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

FREQUENTLY ASKED QUESTIONS?

WHICH FAMILIY MEMBERS CAN JOIN MAIN INVESTOR IN THE APPLI-

CATION?

-Only direct dependents such as, parents, sons, grandparents, grand- child's,

parents in law. Cousins and Aunts will not be considered.

WHO IS CONSIDERED DEPENDENT?

- All minors (under 18 years old) (do not have to be in Portugal)

-All single adults that are studying in a Portuguese School (can be a part-time

course) and have no source have no income.

WHICH NATIONALITY CAN NOT APPLY FOR THIS PROGRAM?

-All nations are considered to apply for this Visa with exception to EU Citizens.

IS THERE ANY LIMIT OF VISA APPROVED PER YEAR?

-No. There is no limit of number of Visas that can be issued under this

regulations.

www.ptgoldenvisa.com 9 [email protected]

Page 10: Ppt   pt goldenvisa - jay

THE PROGRAM

GOLDEN VISA – Residence Permit / Portugal Passport

CAN I GET CITIZENSHIP / PASSPORT AFTER 6 YEARS?

-To get the Passport after 6 years you need to apply for nationality and pass

a multiple choice test. This can be done in any consular representation of

Portugal.

All persons joining the main applicant can apply for nationality after 6 years.

CAN I WORK IN PORTUGAL WITH THIS VISA?

- Yes they can work, live and study in Portugal as a regular citizen.

DO THEY NEED TO PAY TAXES ON GLOBAL EARNINGS AFTER GET-

TING THIS VISA?

-If you spend over 183 days per year in Portugal you have to declare their

global earnings and pay taxes following our IRS Tax Rate. If you do not spend

over 183 days per year are considered as non-resident and only the income

with origin in Portugal needs to be declared and pay taxes. You can also use

the double taxation agreements with your country of residence to clear the

exact tax rate.

www.ptgoldenvisa.com

10

[email protected]

Page 11: Ppt   pt goldenvisa - jay

THE PROGRAM

www.ptgoldenvisa.com 10

GOLDEN VISA – Residence Permit / Portugal Passport

REAL ESTATE IN PORTUGAL – Frequently asked questions:

HOW MUCH IS EXPECTED TO INCREASE PRICE LEVEL?

•10 - 15% increase per year in Average in main cities

• 4 – 10% increase per year in Average in regions outside main cities

HOW MUCH IS EXPECTED TO GET IN RENTALS RETURN?

• 2-5% on average for Long Term Rentals

• 7-12% on average for Short Term Rentals

HOW MUCH IS A REGULAR ANNUAL TAX?

•Client usually have to pay a Management Fee of 50-120 Euro per Month (1000

Euro / Year)

•Annual Tax is approximately 0.2% of Property Acquisition Value. Varies according to Tax

Department Evaluation and Local Tax Level (1000 euro / Year)

[email protected]

Page 12: Ppt   pt goldenvisa - jay

www.ptgoldenvisa.com 11 [email protected]

CONNECT CREATIVE MARKETING PVT LTD

Page 13: Ppt   pt goldenvisa - jay

THE TEAM

Tiago Bettencourt

Câmara

Co-Founder

Graduated in Management

by ISCTE Business School

Business Consultant for Real

Estate / Investment

Co-Founder of Capitaleast

China

Co-Founder of TBC, Lda

Tel. +351

914712956

David Machado

Co-Founder

Graduated in Economics by

Nova Business School

Founder of Consulting

Company and International

Business Adviser Co-Founder of Short

Rentals Online –

Warmrental.com

Ex-Director –

International

Department at Sonae

S.A. Tel. +351 914976018

Real Estate Consultant License AMI: 11087

APEMIP Member License: 5181

www.ptgoldenvisa.com 12 [email protected]

PORTUGAL INDIA

Jay Singh

Young & Dynamic

Post graduate in commerce

from Allahabad University

India

15+ years of Experince in

Advance Strategic Sales &

Marketing

Co-Founder of Connect

Creative Marketing Pvt Ltd

www.fashionandyouonline.com

Mobile: +919999208881

Page 14: Ppt   pt goldenvisa - jay

PTGOLDENVISA SERVICES:

www.ptgoldenvisa.com 13

We offer the full service from the beginning to the end of the

Golden Visa process.

a) Prepare all Visa Application

b) Check and Submit the Visa Application

c) Accompany you during your Real Estate visits

d) Advise about Real Estate opportunities

e) Help in the negotiation with Real Estate Developers

f) Check the Property Records of Selected Properties

g) Make the Sale Agreement between you and the developer

h) Be present at Public Deed (Property Records Transfer)

i)Accompany you to Submit Finger Print and Official Pictures in

Government Facilities

j) Help you to open a Portuguese Bank Account

k) Open your Tax Personal Number for all Applicants

l) Be your Local Tax Representative

m) Get your Residence Permit approved

[email protected]

Page 15: Ppt   pt goldenvisa - jay

n) Collect your PR Cards and Deliver them to you

o) Manage your Property (30% commission on rental income value)

p) Make your annual Tax return

q) Solve all your property problems

r) Make sure you get your rental income

s) Renew your Visa

t) Make the application for citizenship

www.ptgoldenvisa.com 14 [email protected]

Page 16: Ppt   pt goldenvisa - jay

• Real Estate Advisory

• Real Estate Tour

•The submission and renewal of

“Golden Resident Permit”

•Legal Advisory Services

(personal and/or corporate

presence in Portugal)

•Banking Services (Liaising

with banks)

•Consulting (Liaising with the

Portuguese Authorities)

• Accounting Services

• Banking Services

•Company Formation & Dom-

iciliation Services

•Company Management,

Secretarial and Compliance

•Property Management in

Long or Short Rental basis

OUR GROUP SERVICES:

REAL ESTATE LEGAL LEGAL II PROPERTY

MANAGEMENT

www.portugalpropertiesnow.com www.warmrental.com

www.ptgoldenvisa.com 15

www.am-associados.pt/

www.smca.pt

www.am-associados.pt/

www.smca.pt

[email protected]

Page 17: Ppt   pt goldenvisa - jay

www.ptgoldenvisa.com 16

Portugal - Main office:

Edifício Amoreiras

Avenida Eng.º Duarte Pacheco, Torre 2, Piso

9, sala 10

1070-103 Lisbon

Portugal

India – Rep. office:

Connect Creative Marketing Pvt Ltd,

201 Vishwadeep Tower,

Jankapuri District Center,

New Delhi - 110058

India

Mobile no: Calling: +919999208881

Whatsapp: +919911124360

E-Mail : [email protected]

CONTACTS:

[email protected]