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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)

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Ppt pt goldenvisa - jay

  1. 1. PRESENTATION – PORTUGAL INVESTOR VISA Residence Permit / Citizenship - Portugal Procedures, Major Questions and Remarks 2016 In Partnership with – Indian Rep Office:
  2. 2. 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 2jaysingh@ptgoldenvisa.com
  3. 3. 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 3jaysingh@ptgoldenvisa.com
  4. 4. THE PROGRAM GOLDEN VISA – Residence Permit / Portugal Passport WHATARE 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 4jaysingh@ptgoldenvisa.com
  5. 5. 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 5jaysingh@ptgoldenvisa.com
  6. 6. 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 6jaysingh@ptgoldenvisa.com
  7. 7. 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 7jaysingh@ptgoldenvisa.com
  8. 8. 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 8jaysingh@ptgoldenvisa.com
  9. 9. THE PROGRAM GOLDEN VISA – Residence Permit / Portugal Passport FREQUENTLYASKED 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 9jaysingh@ptgoldenvisa.com
  10. 10. 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 1 jaysingh@ptgoldenvisa.com
  11. 11. 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 ANNUALTAX? •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) jaysingh@ptgoldenvisa.com
  12. 12. www.ptgoldenvisa.com 11jaysingh@ptgoldenvisa.com CONNECT CREATIVE MARKETING PVT LTD
  13. 13. 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 12jaysingh@ptgoldenvisa.com 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
  14. 14. PTGOLDENVISA SERVICES: www.ptgoldenvisa.com 13 We offer thefullservice fromthe 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 jaysingh@ptgoldenvisa.com
  15. 15. 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 forcitizenship www.ptgoldenvisa.com 14jaysingh@ptgoldenvisa.com
  16. 16. • 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 jaysingh@ptgoldenvisa.com
  17. 17. www.ptgoldenvisa.com 16 Portugal - Main office: EdifícioAmoreiras 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 : jaysingh@ptgoldenvisa.com CONTACTS: jaysingh@ptgoldenvisa.com

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