Portugal is the best country in Europe for immigrants
Portugal jumped from 28th to 5th place in a list of the best countries in the world for immigrants. Located in southwestern Europe on the Iberian Peninsula, Portugal is also in the best position on the rank in comparison to the other European countries. And it offers the best Quality of life in the world. All this information come from on a study launched this month by InterNations, an international community for expatriates and immigrants.
The study and the destinations
This study is part of the 2017 edition of the fourth annual Expat Insider ranking by InterNations, a worldwide survey of expatriate life. The survey involved 12,500 people from 166 different nationalities living in 188 different countries or territories. And the list has 65 seats and among more than 40 criteria to reach the final results about the satisfaction with work and safety. The cost of living and the conditions for family life are also considered in the analysis.
The top destinations on the list for expatriates and immigrants were: 1st Bahrain, 2nd Costa Rica, 3rd Mexico, 4th Taiwan, and 5th Portugal. In addition to the fifth place on the general list, the survey placed Portugal at the top of the world in the sub-category of Quality of life, with good results in Safety and Hospitality too. As the InterNations affirmed: Portugal is the recommended country for those who want to “live the good life”. At the bottom of the list (of the 65 countries) are Greece, Kuwait, and Nigeria. Among the countries that felt more in the index, compared to last year, are Poland, Australia, and Ukraine. Check the full list below:
In the chapter dedicated to Portugal, suggestively titled “Living a good life in Portugal”, InterNations notes that the country has risen an “impressive 23 places” in the ranking and stresses that, in the sub-index of “Quality of life”. In this criterion, Portugal is the first, followed by Taiwan and Spain.
The study revealed that 93% of the participants of the study are satisfied with life in Portugal and 29% say that they are “very happy” that they have come to live in Portugal. And in the sub-index of “Personal happiness”, the numbers had dropped in 2016 but rose again in 2017, to third place worldwide. Also, in the category of “Easy to adapt” Portugal got the fourth place. Finally, people that participated in the survey are also more confident about political stability and the crucial issue of security. One-third of the participants rated this rubric as “very good.”
Want to invest and move to Portugal?
If you are willing to “live the good life” and invest in a successful project, here comes the good news. You may apply for the Portugal Golden Visa Investment Program. The Portugal Golden Visa Investment Program is currently one of the most popular programs to immigrate to Europe due to its flexibility and various benefits. You can find below more information about the benefits and requirements of the program. Also, if you want to know more about the Portugal Golden Visa, you can check for the frequently asked questions on Mercan’s portal for the program.
The right project for you
To participate in the Portugal Golden Visa Investment Program, it is fundamental to find the right project to invest first. The Sé Catedral Hotel project is a rehabilitation of a building in the city center of Porto, one the most important cities of Portugal. And Sé Catedral Hotel is certainly a very good investment.
The hotel will have 50 decorated and equipped rooms, restaurant and meeting room, outdoor patio. The project costs 13.3 million EUR and is qualified for government incentives (IMT exemption and IMI exemption for 5 years). The expectation is that the construction begins in March 2018 and last 12 to 18 months. The building is in a very strategic and touristic area of the city, close to sightsees (The Sé Cathedral, Louis Bridge, Church Francis and the Clerigos Tower), to a metro station (São Bento) and is just 20 minutes away from the international airport.
The Sé Catedral Hotel project will have 38 investors that will be the co-owners of the entire property, including the condo areas, restaurant, and rooms. Each investor will receive an Ownership Certificate. And there is a 100% guarantee on the return of the investment with an expected annual return (ROI) of 4% rental guarantee* (*ROI may change due to different assets/projects). Please, notice that this 38 fractions/portions can be sold individually at any time. Also, the investor gets 7 days of free staying per year, which is definitively good once the investor decides to apply for Permanent Residency or European Citizenship.
Benefits and requirements
As an investor, applying for Portugal Golden Visa is a safe choice that will concede you lots of benefits with very few requirements.
– Simple process of application and quick processing time to receive residence permits
– Various and low choices for investment, only 350,000EUR++
– No strict requirement on Source of Funds
– Refund 100% of investment after 5 years or flexible schedule of refund based on the desire of Investors
– High return based on an annual rental guarantee of 4%* (*ROI may change due to different assets/projects).
– After the 5th year, the Investor can apply easily for permanent residency
– And after the 6th year, the Investor can apply easily for Portugal/EU citizenship
– Right to live, do business, study in Portugal and/or EU under certain conditions
– Travel freely within the Schengen countries
– Portugal doesn’t charge tax on worldwide income
– Investment period for at least 5 years or until the time the investor can get the Permanent Residence card
– Comply with the minimum time of staying in Portugal (1st year: 7 days; 2nd and 3rd year: 14 days; 4th and 5th year: 14 days)
– No requirement on management experience, age (just must be 18 years or older), language or education credentials
– Candidate must comply with the Health Insurance Policy