Portugal has a very distinguished and ancient history. It was once a county, then a kingdom, and is now a presidential republic. The continental part of Europe is located strictly to the southwest, bordered by Spain to the east, and washed by the Atlantic Ocean to the west. Semi-Enclave has a mild climate, so in the winter you can ski and relax without freezing to the icicles. And summer can be spent near the coast, where it’s not so dry and hot. What can I say, the best conditions for living in the country!
Despite the fact that Nigeria is a major oil producer, we cannot speak of the complete well-being of the power, many parts of the country are not safe to live in. There are many terrorist groups and poor towns. To stay healthy, people settle mostly in the eastern territories. Nigeria is the most populous country on the African continent, hence literally the first reason to move. One in two eligible residents can fundamentally change their lifestyle and take care of their future.
Benefits of Portugal Golden Visa
The rich history of the power confirms that amid revolutions, wars, and other turmoil, the country survived and became sovereign, independent even of Britain. This may have been due to the mineral deposits and the tenacity of Portugal’s rulers. It can now be argued that it is a highly developed state, whose economic growth is only increasing every year. Portugal Golden Visa for Nigerians is an opportunity to fully appreciate the advantages of the western part of the Iberian Peninsula. The country cooperates with its “neighbors”, which are its import and export helpers, and continues its rapid development.
Wealthy people from other European and African powers also make a significant contribution to development. Note that only residents of third powers, as well as Europeans (not citizens of Portugal), whose homeland is not a member of the EU, are eligible to apply. As an expert of Agency Immigrant Invest Evgeniya Morozova points out, thanks to this, Nigerians and residents of other regions can get a stable income from rental properties, for example. Or open their own business at will and develop further, having previously invested in the economy from 112 million Nigerian Naira.
Distinctive features of the Gold Card:
- Safety and tranquility of life;
- A developed economy and jobs;
- beautiful climate and nature;
- registration of the pass does not require attendance in person;
- temporary registration in three months;
- Schengen access;
- residents are exempt from taxes on most personal income for 10 years.
Thus, Portugal residency by investment for Nigerians is a great opportunity to settle in the sunny peninsula, move there parents, children and other close relatives.
Requirements for Portugal Golden Visa for Nigerian citizens
Pros of acquiring a second passport in the Iberian Peninsula are many – from quality medical services and international education to complete security and privacy of your stay. High salaries await you thanks to the fact that the economy is developing in several directions:
- the tourism sector;
- production of tungsten and other metals;
- cultivation and sale of crops;
- cork production, winemaking;
- food industry;
- textile industry;
- livestock development;
- shipbuilding;
- petrochemical industry and others.
A huge PR plus for investors (who want to get a document faster) is that there is no need to live in the region permanently – it is enough to spend about 7 days of your personal time there in the first 12 months! And two weeks the following year. But no one forbids to be there more, because a country with a mild climate, friendly people and low unemployment is simply impossible to refuse.
The minimum requirements in terms of money are from 250 to 280 or more thousand euros. There are several ways to invest. The first is the purchase of real estate in the Madeira and Azores, as well as small towns and villages. The second way you can choose is to invest 500,000 euros in venture capital funds. You can transfer at least 1.5 million euros to Portugal or donate to the preservation of national heritage. The last one is to create at least 8 new full-time jobs in a Portuguese business established in an area with low population density.
Portuguese Citizenship Eligibility for Nigerian Citizens
In order to obtain a second passport, a Nigerian must gather all the documents and apply to the migration company, which, in his opinion, is better suited to handle such cases. Who is eligible for a Portuguese passport? Nigerians who are over 18, as well as their relatives. It is mandatory to have the financial capacity to carry out the procedure and not to have a criminal record.
Conclusion
So, to become a law-abiding member of Portuguese society, a Nigerian must have certain qualities as well as financial capacity. One has to contribute 112-125 million Nigerian naira, which is equivalent to 280 thousand euros. But at the very beginning of your journey, in order to reduce the amount of time for reflection, it is better to contact the experts of the immigration company, who will be happy to answer all the burning questions. Experts will advise which sector of the economy is better to invest in and how to do it faster, easier and safer.
As you have noticed, there is nothing complicated about obtaining a Golden Pass to Schengen and other pleasures of life. Invest in Portugal residence as nigerian, the main thing is to avoid amateurism and apply to the right organization. To get citizenship in 5 years, it is enough to stay in the country for 35 days. Once you get residency, you no longer need to maintain the investment from the Golden Visa.
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