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    • Aug 21
    • 3 min read

Why is the Portugal Golden Visa a Good Plan B for Peace of Mind

by Alex Ohnona, founding partner of VIDA Capital Fund


In an era of global uncertainty, having a secure and strategic plan for the future is essential. The Portugal Golden Visa offers a reliable path to European citizenship and the stability of a robust economy, making it an attractive option for investors worldwide. In this article, we will explore the advantages of the Golden Visa, its implications for business continuity, and the unique investment opportunities.


Understanding the Golden Visa

The Portugal Golden Visa is a citizenship-by-investment program that allows non-EU nationals to obtain residency in Portugal through strategic investments. This program provides a pathway to obtain a European passport without the need for permanent relocation.


So, why is the Portugal Golden Visa a good plan B?


1. Secure Your Family's Future

A significant advantage of the Golden Visa is that it extends to the entire family, including spouses, children, and dependent parents, ensuring a secure and prosperous future for your loved ones. Moreover, its minimal physical presence requirement allows investors to spend as little as seven days per year in Portugal while enjoying the benefits of European residency. This flexibility makes it an ideal choice for those seeking a secure Plan B without disrupting their current lifestyle.


2. Enhanced Business Continuity and Security

In today's volatile global environment, securing assets and ensuring business continuity in a stable region like the European Union is a significant advantage. Portugal's strategic location and strong economic framework offer unparalleled opportunities for business expansion and investment growth.


By securing a Golden Visa, investors gain unrestricted access to the European market, providing a seamless platform for conducting business across multiple countries.



3. Legal and Tax Implications

Portugal’s favorable tax environment and lack of wealth and inheritance taxes make it an attractive destination for investors aiming to preserve and grow their wealth. Although the specifics of the new tax system are emerging, Portugal’s history of offering investor-friendly policies is a positive sign for maintaining a beneficial climate for expatriates.


The Golden Visa allows for visa-free travel within the Schengen Area, enhancing mobility for business professionals. Furthermore, the potential for obtaining citizenship after five years offers long-term strategic benefits, including the right to live, work, and study anywhere in the European Union, ensuring a bright future for you and your family.



4. Market Access and Investment Options

Portugal's vibrant economy and strategic location make it an ideal gateway to diverse markets. While real estate is no longer an eligible option for the Golden Visa, other investment avenues, such as venture capital funds, offer significant potential. There are companies that specialize in such opportunities, making it easier for investors to thrive in Portugal's rich market.


Data from the UN Tourism 


Investment funds or Venture Capital Funds provide access to high-growth opportunities in Portugal’s hospitality market with attractive returns and reduced risk. According to data from the UN Tourism, Portugal's booming tourism after the pandemic welcomed 22.25M international arrivals in 2022, ranking it as one of the top destinations in the world.


5. Diversification of Business Opportunities

The Portugal Golden Visa not only provides security and market access but also enables the diversification of business opportunities. When you tap a reputable company to leverage Portugal’s skilled workforce, innovative culture, and supportive government policies to enhance the potential for growth and expansion, you open doors for collaborations with European partners.


This innovative business approach is more than just a residency program; it is a strategic tool for securing a stable and prosperous future for you and your family. Now, you can maximize the benefits of this program while investing in high-growth opportunities in Portugal.


Learn more about the Golden Visa and the investment opportunities from the immigration experts at our upcoming events!


European Citizenship: Q&A with immigration experts about the Golden Visa and Investment Opportunities in Portugal




About the Author



Alex Ohnona

Founding Partner at Vida Capital Fund



Alex Ohnona is a Partner at Vida, responsible for overseeing strategic initiatives related to asset selection, concept development, design, and hospitality.


He previously served as Managing Partner at Solis Capital, a boutique investment bank enabling hospitality operators with expansion plans and capital raising across the globe. Alex was the Vice President of Expansion at Selina, the fastest international hospitality expansion to date, where he spearheaded product development, managed global partnerships, and contributed to significant portfolio expansion. Selina grew from inception to over 130 hotels in 6 years. Alex also played a pivotal role as the Chairman of the Strategy Office at HCL. He holds a Business Administration degree from Babson College, MA.


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