Golden Visa

thayergowdy · 2019-10-16T14:35:23+02:00

Explore the Golden Visa process in the Algarve, comparing legal insights on property renovations for residency and seeking expat accountant recommendations.

thayergowdy Member

Member since 16 October 2019

thayergowdyMember16 October 2019 12:35:23

hello all!聽 I am new to the forum. I am looking at properties in the Algarve. I am an american.聽 I have found two different laywers that have differening answers regarding if the property can include or not include renovations to meet the $350k amount for residency.聽 Has anyone applied recently and gotten residency for Golden Visa for property that is older then 30 years to rehabilitate that I can discuss with?聽

I am also looking for an accountant to discuss capitol gains information for portugal.

As well as an expat lawyer/accountant.聽 Any help appreciated!

Nashaat.k Member

Member since 01 May 2017

Nashaat.kMember17 December 2019 08:01:57

Hi
I'm currently working to join the program of golden visa by investment
I did chose the cheapest option which is 280 K EU by sharing a rehabilitation of old building with other shareholders
I already transferred my fund to Portugal and procedures are on going
I'm not an expert but as per my research that the purchase a house investment of 350 K EU should't include renovation , maybe you can contact a lawyer how can give you the proper answer
Regards and good luck

Rimas07 Member

Member since 15 March 2021

Rimas07Member15 March 2021 14:39:50

So any of you guys have any updates?
I am really interested in this scheme and will start to apply asap, if possible please refer a legal advisor

Immigration and visa assistance

Comprehensive support with Portugal visa applications and immigration procedures.

GuestPoster308 Guest

GuestPoster308Guest15 March 2021 17:16:40

Have you considered contacting one of the big financial and tax advisor companies like BDO. I assume that they are confronted with these isses on a daily basis and they definitely have staff speaking English. I think it is worth giving this a try.