New Updates - Portugal Golden Visa

  Рет қаралды 10,712

Offshore Citizen

Offshore Citizen

Жыл бұрын

Portugal Golden Visa Update
Recently Portugal has announced that they're closing their famous Golden Visa program, that attracted many investors from all over the world into the country.
The good news is that it is still possible to apply for the Portuguese Golden Visa, and if you prepare your application on time you may still be able to qualify. This means that your application needs to be finalized before the end of June.
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Introducing Michael Rosmer, the true modern-day Renaissance man and international entrepreneur, who has been mentored under top international tax attorneys.
He is widely regarded as the foremost international tax expert for legal cross-border tax planning, with extensive experience in immigration, residency, and second citizenship for those seeking a plan B, asset protection, global offshore banking, and payment processing.
Michael leads a team of lawyers and accountants who are top experts in their respective fields. This multi-lingual, multi-national team has worked with digital nomads, entrepreneurs, and investors from 62 countries, providing practical real-world multi-dimensional solutions for their clients.
At Offshore Citizen we understand that each individual's situation is unique. Unlike most industry service providers, we do not push any particular country or solution. Instead, we analyze your individual situation and custom-tailor the best countries and strategies for you, drawing on every part of the globe.
With Offshore Citizen, you can rest assured that you are in the hands of professionals who have your best interests at heart. Let us guide you through the complex world of international tax planning, immigration, residency, and second citizenship.
Contact Michael today for a personalized consultation and take the first step towards securing your financial future.
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Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships.
☎️ Book a call with Michael:
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Пікірлер: 61
@hyrdocomputing
@hyrdocomputing Жыл бұрын
Wow, your channel is brilliant. Like Nomad capitalist, but you actually give useful information.
@Confidential84
@Confidential84 Жыл бұрын
That channel spends far too much time on their host, as if he is the product, rather than the service
@tinglestingles
@tinglestingles Жыл бұрын
Firstly, bem-vindo a Portugal! I agree with your comments referring to SEF - from what I'm seeing and speaking to Golden Visa, D7 and digital nomad applicants, who have recently dealt with 'SEF' and 'SEF' officials, it seems like the sign above the door has changed but little else. It may be different in the future if they invest greatly in much better IT infrastructure, training and better salaries. It's still almost impossible to contact 'SEF' via telephone. Regarding 'stay requirement', I understand there is a certain amount of 'wiggle room' as SEF does allow for absences from Portugal for many reasons including professional, social, health, family and cultural (Article 85 paragraph 4). I hope you and your team have a great time!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Was a great trip thanks!
@realalexmackenzie
@realalexmackenzie Жыл бұрын
Looking forward to hearing about the similar program you mentioned at the end of the video! I would be all over a program with a minimal residence requirement.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Stay tuned :)
@engscreen1800
@engscreen1800 Жыл бұрын
@@OffshoreCitizen Need to decide between this option and end of June timeline for Golden Visa. Please hurry, thanks :)
@peteinthepocket9208
@peteinthepocket9208 11 ай бұрын
Great video mate cheers
@williamfilsdorvilier8845
@williamfilsdorvilier8845 Жыл бұрын
If Spain could diminish the 10 years requirements to become citizen and to not impose the 183 days per year, it would be the perfect Portugal Golden Visa alternative
@lordofcigars
@lordofcigars Жыл бұрын
I am in Barcelona now and the amount of hatred from locals even for Digital Nomad Visa is through the roofs and demonstrating to shut it down. What makes you think they have any incentive to make the stigmatized golden visa any more attractive? Doubt it will ever happen as it seems to be a guaranteed vote loser and real estate is already overheated here.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
That and allow dual citizenship
@user-pn8dq6vt4s
@user-pn8dq6vt4s Жыл бұрын
You don’t need to stay 183 days per year with the Spain Golden Visa. You just need to check in once per year with no real length of stay requirement.
@JasonOwensYT
@JasonOwensYT Жыл бұрын
​@Lord Brar Spain and Portugal are the only two places I've been that absolutely hate travelers and nomads. I say let the two countries rot. I don't get that treatment anywhere else but western Europe.
@eughbrother
@eughbrother Жыл бұрын
@@JasonOwensYT ok jesus
@Confidential84
@Confidential84 Жыл бұрын
Any news on this final option you alluded to? Does this happen to be the HQA route which I've seen some noise around recently..? I think the physical presence requirements have ranged between full tax residency (ie 183+ annual) to another boutique advisory firm claiming in line with golden 7-14 days annually. Thoughts/updates would be welcome? I'm a genuinely interested Brit
@ryanparks9061
@ryanparks9061 Жыл бұрын
Hoping Michael chimes in on this as well, as I had the same question
@FrozenSkyy
@FrozenSkyy Жыл бұрын
Sage advice, as always. Thank you Michael 😊 Does Madeira have any special tax structures (apart from NHR of course) that can be beneficial for someone who owns & manages a single person active online foreign business, while living in Madeira full time? Would love to live there, but not too keen on the crazy Portuguese taxes & socials.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Single person company no But there is a special free zone there for qualifying businesses
@sammygoh
@sammygoh Жыл бұрын
Are you also looking into Portugal's HQA visa - highly qualified activity visa? Thx for your video. Long time subscriber
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Stay tuned :)
@prokoph
@prokoph Жыл бұрын
You said there was another program and you're working with someone to see if it can get the physical presence requirement down to similar to the Golden Visa. Any update? 12:15
@ryanparks9061
@ryanparks9061 Жыл бұрын
I'd be interested in this as well 👍
@Maruwasa
@Maruwasa Жыл бұрын
Thanks
@rodrigocampos3558
@rodrigocampos3558 Жыл бұрын
Very useful content, thanks Michael.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Always a pleasure! What do you think of the updates?
@rodrigocampos3558
@rodrigocampos3558 Жыл бұрын
@@OffshoreCitizen Like you said, we never know how long it will take for parliament to pass the final rules but knowing Portugal, things can be very bureaucratic. I also think you made an interesting point about buying property in Madeira.
@jackmula8255
@jackmula8255 Жыл бұрын
Hey michael I saw u made a video about 3 or so years ago hughlighting Montenegro as a great investment spot which i believe last year saw really large growth ... Do you still see it as great value and surrounding cohntries what is your opinion? Thanks Michael
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
I think you should think of investing from first principles. First principles are when yo7 can't increase supply but there's an increasing popularity that will have an upward pressure on prices so look for cases like that. Also find ways to sell uniqueness you'll get way better cap rates in an Instagram culture
@lisas44
@lisas44 Жыл бұрын
What’s the investment cost for Madeira?
@anabiashahrior2162
@anabiashahrior2162 Жыл бұрын
What is the cost for real estate in Madira iland
@jackmula8255
@jackmula8255 Жыл бұрын
Do U see interest rates coming down soon or is higher interest rates the future? What's Ur opinion on probabilities?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
For which part of the world? In the US I think mostly sideways
@krustyaxelrod
@krustyaxelrod Жыл бұрын
Hey Michael, do you think is good idea to buy properties in Kuala Lumpur right now? Real estate in south east asia is mind blowing this lasts months. And also, we need that day trading video !! Hahahaha Well, I need it. Cheers mate
@thunderwh
@thunderwh Жыл бұрын
Big Yes for a day trading video
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
I'm not the best day trader so I'd hesitate to share too much there Re property depends a lot on your goals & circumstances. If you're looking for the best place to earn a near term investment return I'd say unlikely. If you're buying a place you think is great to hold for 20 - 30 years then probably. If the money means a lot to you probably not. If it's extra cash to put somewhere for long term diversification then probably.
@mooie3
@mooie3 Жыл бұрын
What is the treatment of current holders of the golden visa?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
They are saying they'll be rolled into D2 but while maintaining the low minimum stay requirements
@thatswhatshesaidbro
@thatswhatshesaidbro Жыл бұрын
Sad wish there was another golden visa to get a eu passport with such little residency requirement like Portugal’s golden visa had.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Yeah absolutely
@mars54mars54
@mars54mars54 Жыл бұрын
Wish I had some sort of useful skill to work for you! A wise perk for you to provide, experience is the only true knowledge.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Thanks!
@dovygoodguy1296
@dovygoodguy1296 Жыл бұрын
We shouldn't forget that Michael's worldwide travel is only usually possible if you're single!
@tinglestingles
@tinglestingles Жыл бұрын
Pick the right partner and life abroad becomes a lot easier.
@dexterspeights3484
@dexterspeights3484 Жыл бұрын
I don't get married + don't have kids and you can be like OFFSHORE MIKE!
@TomJamesOfficial
@TomJamesOfficial Жыл бұрын
How come? I worldwide travel like this with my girlfriend
@elsbells8545
@elsbells8545 Жыл бұрын
Wat a crap is that???
@lucchese20
@lucchese20 Жыл бұрын
I’d say worldwide travel is certainly EASIER if you’re single but I’m married and brought our two kids to 5 continents so far! 🌍 Cheers.
@GleeSmee
@GleeSmee Жыл бұрын
The Portugal GV has been unattractive since the changes last year, when they restricted the areas that qualified. And the areas that no longer qualify are overpriced. Also the general left-ward drift of the Portuguese government is concerning.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Do you see any countries as a good alternative?
@GleeSmee
@GleeSmee Жыл бұрын
I like Hungary - you did a good video on it. Or Cyprus, if you need sea and sun.
@lisafridland
@lisafridland Жыл бұрын
A left leaning government is WAY better than an extremist right wing government.
@mva6044
@mva6044 Жыл бұрын
500K, for some people that's a lot of money, for some people that's not a lot of money... really?!? Even for decamillionaires 500K in USD is a lot of money. And in terms of the *whole world* there is only 2640 billionaires. How many of those people do you personally know? I think that's a silly, flippant statement.
@newssquabbler69
@newssquabbler69 Жыл бұрын
1/2000 American households has 100 million dollars 😮
@arnoldvosloo220
@arnoldvosloo220 Жыл бұрын
@@newssquabbler69 Source?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
500k is not a lot of money when you're a deca millionaire & I know lots of those people
@BlackLabelExpat
@BlackLabelExpat Жыл бұрын
Portugal Sounds like FOMO at this point
@tinglestingles
@tinglestingles Жыл бұрын
Agreed, a lot more arriving here every month.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
To be fair it's a unique attractive option
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