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Golden Visa

thayergowdy
#1
hello all!  I am new to the forum. I am looking at properties in the Algarve. I am an american.  I have found two different laywers that have differening answers regarding if the property can include or not include renovations to meet the $350k amount for residency.  Has anyone applied recently and gotten residency for Golden Visa for property that is older then 30 years to rehabilitate that I can discuss with? 

I am also looking for an accountant to discuss capitol gains information for portugal.

As well as an expat lawyer/accountant.  Any help appreciated!
1 member reacted to this post
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Nashaat.k
#2
Hi
I'm currently working to join the program of golden visa by investment
I did chose the cheapest option which is 280 K EU by sharing a rehabilitation of old building with other shareholders
I already transferred my fund to Portugal and procedures are on going
I'm not an expert but as per my research that the purchase a house investment of 350 K EU should't include renovation , maybe you can contact a lawyer how can give you the proper answer
Regards and good luck
Rimas07
#3
So any of you guys have any updates?
I am really interested in this scheme and will start to apply asap, if possible please refer a legal advisor
G
#4
Have you considered contacting one of the big financial and tax advisor companies like BDO. I assume that they are confronted with these isses on a daily basis and they definitely have staff speaking English. I think it is worth giving this a try.

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