In the pursuit of an expatriate lifestyle and coveted residency, wealthy Americans have long set their sights on Portugal, drawn by its pristine beaches, affordable living costs, and proximity to the United States.
Portugal’s Golden Visa program, offering residency and a pathway to citizenship for a €500,000 investment, once stood as a beacon for the ultra-rich. However, recent changes in Portugal’s visa policies have prompted a shift in the preferences of affluent individuals seeking alternative opportunities.
In 2024, Portugal’s Golden Visa program underwent significant amendments in response to mounting concerns from local residents. The influx of wealthy foreigners, while beneficial for the economy, exacerbated housing shortages and pricing disparities, particularly in major cities. As a result, the Portuguese government narrowed the scope of its visa program, discontinuing the option for residency through residential real estate investments.
Amidst these changes, wealthy Americans are now exploring new avenues for securing residency and citizenship in Europe and beyond. Here’s a closer look at the evolving landscape of citizenship by investment and where affluent individuals are turning their attention.
Expanding Horizons: Exploring Alternative Destinations
With Portugal’s Golden Visa program undergoing revisions, affluent individuals are considering a diverse array of destinations for their residency and investment needs. While each country offers unique advantages, comprehensive consultancy services are essential for navigating the complexities of citizenship by investment. At Beyond Global Partners, we provide holistic, A to Z consultancy services tailored to your specific requirements, ensuring a seamless and successful journey towards securing your desired residency.
Spain:
Spain emerges as a prominent alternative for wealthy Americans, offering a residency investment option through real estate. With its cultural richness, favorable climate, and similar benefits to Portugal, Spain remains a sought-after destination for affluent individuals seeking European residency.
France:
France attracts discerning investors with its unparalleled charm, gastronomy, and cultural heritage. As inquiries from American clients surge, France’s residency programs present an enticing opportunity for those seeking a blend of sophistication and lifestyle.
Italy and Greece:
Italy and Greece boast popular residency programs, with picturesque landscapes, historical allure, and vibrant communities. As highlighted in Henley & Partner’s Wealth Report, these Mediterranean gems continue to attract investors seeking a Mediterranean lifestyle coupled with residency perks.
Our Consultancy Services: Navigating the Path to Residency
As you embark on your journey towards securing residency through citizenship by investment, Beyond Global Partners offers comprehensive consultancy services to guide you every step of the way. Our expertise extends across legal procedures, due diligence checks, and personalized support, ensuring a seamless and stress-free experience.
Legal Procedure Assistance:
Navigating the legal intricacies of residency and citizenship applications can be daunting. Our team of experts provides tailored guidance, ensuring compliance with regulations and maximizing your chances of success.
Due Diligence Checks:
Investing in property requires thorough due diligence to mitigate risks and safeguard your investment. Beyond Global Partners conducts meticulous checks on properties, ensuring transparency and peace of mind for our clients.
Personalized Consultation:
Every client is unique, and we tailor our services to meet your specific needs and preferences. From initial inquiries to finalizing investments, our consultancy services are designed to provide personalized support at every stage of your journey.
Invest Now!
As the landscape of citizenship by investment evolves, wealthy Americans are exploring new opportunities beyond Portugal’s shores. With Beyond Global Partners as your trusted partner, navigating the complexities of residency and investment becomes a seamless and rewarding experience. Get in touch with us today to start your journey towards residency with confidence and peace of mind.
