Ever thought about Portuguese citizenship?
We live in an increasingly globalized world, in which mobility isn’t just a mere possibility, but also a reality behind which a lot of people live, especially when it comes to their professional life.
As a result, the possibility of acquiring a second nationality is an idea people are becoming more open to, whether they seek to study, work, retire or invest in a country with added benefits and fewer legal restrictions.
This is where Portugal presents itself as a rather promising option for someone hoping to apply for useful citizenship in Europe. Located in the westernmost area of the Iberian Peninsula, this country has a lot of interesting perks you’d be hard-pressed to ignore:
- Its quality-of-life standards are the same as other developed countries;
- It is considered the safest territory in mainland Europe;
- It has international schools and world-class universities;
- Its public health system is also very modern and efficient;
- Its weather is lovely and warm throughout the year;
- It’s home to one of the most welcoming and kind-hearted populations in the world.
4 reasons to consider applying for Portuguese nationality
It’s easy to sell Portugal’s position as a tourist destination or as a peaceful haven to enjoy your retirement. But what reasons could lead you to consider an application for its citizenship? Here are the main ones:
1) It’s a convenient gateway to the European Union:
Being a Portuguese citizen means, in essence, that you are also an inhabitant of the European space. In other words, people with this nationality are allowed to travel, work and live freely in any country part of the European Union or the Schengen Area.
Therefore, and in spite of being such a friendly and enjoyable country, Portugal does not limit your horizons. If you wish so, you may lead your personal and business life in other locations of the old continent, knowing that you will always have a home waiting for you in this small country.
2) The Portuguese passport is among the best in the world:
Citizens of other developed countries, such as the United States or the United Kingdom, have witnessed the perks of their passports decrease over recent years, as a result of the most recent decisions in the political and international scene.
On the other hand, and according to the most recent edition of the Henley Passport Index, Portugal is ranked as the sixth country in the world in terms of travel freedom. In fact, Portuguese citizens have the ability to travel to 186 different territories without the need for an additional visa.
3) It’s an attractive country for investment:
Portugal has achieved, over the years, interesting placements in international investment rankings. In the most recent survey by Doing Business (a publication associated with the World Bank Group), for example, the country ranks among the 40 best in terms of business regulations, while also grating the lowest time and costs to export.
In addition, it is worth noting that investors should take advantage of Portugal’s position as a world bridge between Europe, South America, Africa, and the United States. Finally, the relatively low cost of living is also another incentive for entrepreneurs to make safe investments.
4) It’s easy for investors to have access to Portuguese citizenship:
Over the past years, Portugal has become notable in the international investment scene, thanks to special programs such as the Golden Visa. This scheme allows international investors to apply for permanent Portuguese citizenship five years after they have made a significant investment in the country.
For more information about how to apply for Portuguese citizenship, if you’re looking for a property in Portugal, seeking legal consultation or investment advice, please contact us!
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