Many entrepreneurs from developing countries are working hard to obtain a plan B passport while expanding their businesses in order to make them global citizens.
Some E.U. countries offer such programs on top of many other advantages such as the quality of life, visa-free movement around the world, and advanced legal and social systems that support entrepreneurship.
Portugal Residency by Investment (RBI) or Portugal Golden Visa is one of the most sought-after programs among High Net Worth Individuals (HNWIs) with the possibility of giving residency to entrepreneurs by starting a business in the country.
Investors and their families enjoy the high-standard lifestyle, modern healthcare and education systems, and enticing scenery of Portugal. Businesspeople may choose to transfer their capital, purchase real estate at reasonable prices, or simply hire 10 E.U.
citizens residing in Portugal for their companies.
Either way, they and their dependents will be granted the Golden Visa for 5 years.
After that, if they fulfill the required residency of only 7 days/year in Portugal, they are allowed to apply for the Portuguese passport and nationality, which enables them to possess the 4th strongest passport in the world and travel visa-free to 180+ countries including Canada and the USA.
Moreover, entrepreneurs benefit from many attractive tax policies like zero taxation on foreign incomes.
For more information on Portugal Golden Visa please visit our website https://mics.global/portugal/ and contact our professional team. Benefiting this program, you would be able to start your business and live in an E.U. country with your family within 6 months.
However, if your business is not qualified for Portugal, there are still many entrepreneur-friendly options that we can recommend like Canada start-up visa, Entrepreneurs and Investors streams, which you can learn more about on our website.
