EU Citizenship Reward for Minimum Investment in Portugal!
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Investors are always looking for steep discounts on cash flowing properties in high-growth markets. But what if you could also get health insurance, a college education and an EU passport as part of the investment? And while you're at it, let’s throw in an annual luxury week-long vacation that's included in the purchase price!
Sound too good to be true?
Investors from over the world have discovered it is very true, which is why they are flocking to buy property in Portugal through the country’s "Golden Visa" Program. Similar to America’s “Opportunity Zone” program, Portugal is attracting investor capital by offering incentives to investors. Those incentives are increasing the country’s GDP by improving run-down or underdeveloped neighborhoods -- with the promise of citizenship as a reward. And just like the Opportunity Zone program in the US, areas that receive those investor dollars have become very hip and trendy.
I first heard about the program when one of my business partners, who happens to be European, told me that the Euro was on par with the dollar. He said Americans could buy European property at a discount due to the exchange rate. So you can have Plan B in Portugal. With a minimum investment of just $280,000, you will have a property that could provide up to 10% return over five years, a second passport, immediate residency, and free world-class healthcare!
You can find out more about this Golden Visa opportunity for investors at www.GatewayPortugal.com. My daughter, Krista Fettke, and her boyfriend, Alec Denney, are both on the Gateway Portugal team and they join me in this interview to fill you in on the details.
Krista Fettke graduated from San Diego State University with a bachelor's degree in Business Entrepreneurship. She's part of the RealWealth marketing team as our Social Media Director. She also helps with copywriting and content creation at Real Wealth, is pursuing her real estate license, and is now Director of Marketing for Gateway Portugal.
Alec Denney graduated from University of California, Santa Barbara, with a degree in business and organizational communication. After college, he worked in the real estate software sector as a senior business consultant and is now working as Director of Sales for Gateway Portugal. He's also a Marine Corps veteran.
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Thanks for listening. I’m Kathy Fettke and this is The Real Wealth Show.