Aurora Group Property
Tel: +49 69 66 55 43 72
Fax: +49 69 66 55 43 72
Email: info@auroragroup.pt

Lyoner Straße 14
60528 Frankfurt
Germany

GOLDEN VISA

Aurora Group has a portfolio of properties in Portugal and Spain that would qualify for the so-called Golden Visa - residency. In some cases Aurora Group buys and sells properties in bulk, that individuals can benefit from as well as a portfolio of properties from local banks that can vary from brand new properties, re-sales, foreclosures and state of the art villas in the best locations in Portugal and Spain. Aurora Group also offers the services to rent the properties that could create a return on investment if required. Furthermore, Aurora Group can facilitate the candidate with the legal structure to deal with all the procedures and documentation that would be needed to successfully obtain the Golden Visa – residency, this can be extendible to the candidate’s immediate family members. The Portuguese Government has approved a new programme of Residence Permits for foreigners the Golden Visa – residency which came into force in October 2012 and created a powerful incentive for those who want the benefit of residency in one of Europe’s most socially stable and safest countries.

To qualify for the permit through real estate investment the candidate much purchase a property or properties valued at €500,000, which should be maintained for a minimum period of five years. The residence permit is valid for a period of one year and can be subsequently renewed every two years, as long as the necessary requirements for the concession are still maintained. After 5 years permanent residency status may be granted and after 6 years of residency it is possible to apply for Portuguese nationality provided that all the conditions for that purpose are met. Once a Portuguese national and thereby a fully-fledged European citizen, it is possible to live and work freely anywhere in Europe.

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