Golden Visa Spain vs Portugal

Are you considering moving to Spain or Portugal? If so, you’re probably aware that they are two of the most impressive European destinations for those looking to build a new life. Both offer a dynamic and modern culture with a long history of tolerance, knowledge, and open-mindedness. And while they may have very different cultures and legends, the two countries are pretty similar in culture, food, weather, and even how they handle the application process! Below we will look at the similarities & differences between Golden Visa Spain & Portugal. We’ll also give you some key takeaways that will help you make an informed decision when deciding where to relocate next.

The Golden Visa program

golden visa spain vs portugal benefits

The Golden Visa is a particular type of visa that allows international travelers to enter the European Union (EU) with reduced immigration requirements. The EU created the Visa waiver program to improve the ease of doing business across the union and attract more business travelers to the union. The Visa Waiver program allows American travelers to enter the EU with just a valid passport with a valid return plane ticket back to the USA.

Do you want to live in Spain?

Our law firm has more than 15 years of experience.

Contact Us Now!

Choosing Golden Visa Spain vs. Portugal

If you decide between Spain and Portugal, the most important criterion is your food taste. If you’re a European who loves regional specialties such as regional lamb or regional dishes, you’ll probably enjoy living in Portugal more than in Spain. Spain, however, is a world leader in the culinary arts, so if you love Spanish food, you’ll probably enjoy living in Spain more than in Portugal.There are a few things to consider when deciding Which country is best for Golden Visa. The primary factor is where you’re coming from. The best country to apply for a Golden Visa in the United States. Depending on where you are coming from, you may have an advantage over other countries when applying for a Golden Visa. If you’re from Asia, you may have an advantage compared to European travelers coming from elsewhere.

Differences Between Spain Golden Visa and Portugal Golden Visa

golden visa spain vs portugal

Spain Golden Visa

Spain has a much more modern economy than Portugal, but its history has left it with some beautiful monuments to keep visitors interested while they’re there! Spain is known for its breathtaking beaches, incredible architecture, vibrant culture, great food & wine (especially in Catalonia), and warm weather year-round! Spain’s economy boomed during the years leading. When tourism became increasingly popular among foreigners who visited the country for its fantastic beaches, incredible architecture, vibrant culture (especially in Madrid), and delicious food & wine (especially in Catalonia). Spain’s economy boomed due to increased tourism coming from abroad; however, since then, Spain’s economic growth rate has slowed down considerably due to a financial crisis that affected many countries worldwide, including Spain.

Portugal Golden Visa

Portugal has a long history of welcoming travelers from around the world. The country has a rich, diverse culture, food, and wine to match it. Many people who live in Portugal are also fluent in English, which helps make the transition easier for new arrivals. The government of Portugal is very business-friendly, and they have all but eliminated visa requirements for American visitors. Since Portugal is not part of the European Union (EU), it does not have a single official language. Instead, Portuguese is recognized as an official language by all countries. This means that people from Portugal can communicate with their neighbors using Portuguese and their native languages, Spanish and French.

Golden Visa Spain vs Portugal Golden Visa benefits

spain vs portugal golden visa

Portugal and Spain offer Golden visas to foreign nationals who want to live in the country. The advantages of each country’s Golden Visa program are listed below.

Spain Golden Visa

A Spanish Golden Visa can help people who want to live and work in Spain (either temporarily or permanently) while waiting for their residency by investment program approval or residency status to become official. The Spanish government has recently changed their visa requirements, so an application may be approved faster than before if you meet all of the needs.

Portugal Golden Visa

Portugal is typically considered a great place to retire and enjoy life, but it is also excellent for young people looking for work opportunities. If you want to work in Portugal, you should be aware that the country’s economy is still recovering from the economic crisis that began in 2008. You can learn more about what it’s like to live and work in Portugal by reading our detailed article on Portugal Golden Visa benefits.

Do you want to live in Spain?

Our law firm has more than 15 years of experience.

Contact Us Now!

Citizenship Timeline Golden Visa Spain vs Portugal Golden visa

golden visa spain vs portugal pros and cons

While Spain has a much longer history than Portugal, the country of Portugal was officially founded in the year 1143. Portugal has only been inhabited for a few centuries in comparison to Spain. It isn’t easy to compare the two countries regarding their Golden Visa status.

Golden Visa Spain vs Portugal Golden Visa

Which country is better to live in: Spain or Portugal Overall, both countries have an excellent reputation for tourism and are considered safe countries to live in. However, there are some differences between each country’s Golden Visa programs that may make one program better than the other. For example, Portugal offers permanent residency while Spain only offers temporary residence; however, you can apply for permanent residency after living in Spain for five years.

Spain Golden Visa general Requirements Vs. Portugal Golden Visa

In terms of the general Golden Visa requirements, there are many similarities between Portugal and Spain. Both countries require a minimum of 500€ to apply for the program and prove that you’re familiar with the Spanish language and culture. In addition to this, you’ll need to provide proof that you have enough money for your stay in Spain (at least 1,000€ per month).

Spain Golden Visa Residence Rules VS Portugal Golden Visa

Spain Golden Visa Residence Rules

Spain’s Golden Visa program rules are similar to those of Portugal’s. You’ll need to be a citizen of a country not in the Schengen Area (which includes most European countries and Switzerland) or the European Economic Area (the UK). In addition to this, you’ll also need to prove that you have enough money for your stay in Spain (at least 1,000€ per month).

Portugal Golden Visa Residence Rules

Portugal’s Golden Visa program is slightly different than Spain’s. You’ll need to be a citizen of a country not in the Schengen Area and the European Economic Area (which includes the UK). In addition to this, you’ll also need to prove that you have enough money for your stay in Portugal (at least 1,000€ per month).

The time limit for Portugal program is slightly shorter than Spain’s. The minimum period required before applying for permanent residency requirements is three years. However, if you decide to apply for permanent residence after being temporary resident in Spain for five years, you can apply for permanent residency after only one year.

Eligible Family Members

Portugal’s program allows you to permanently bring your spouse, dependent children, parents, and siblings. You can also get your domestic partner permanently if you sponsor them.

Do you want to live in Spain?

Our law firm has more than 15 years of experience.

Contact Us Now!

In comparison to Spain’s program, Portugal’s program allows you to bring up to 3 family members permanently. However, this number is slightly lower than Spain’s, allowing four members with you always.

Tax Advantages

Portugal’s program allows you to apply for a Permanent Residence Visa without paying any taxes. In contrast, Spain Golden Visa program only allows you to apply for a permanent residency visa after paying taxes or acquiring citizenship by investment.

Golden Visa Investment Options

Portugal’s program allows you to choose from various investment options. These include real estate, government bonds, private bonds, and stocks. In contrast, Spain’s Golden Visa program only allows you to invest in real estate.

In comparison to Spain’s program, Portugal’s Golden Visa program offers more flexibility regarding your investment options. Portugal’s program allows you to choose from a broader range of investment. However, both programs have the exact minimum residency by qualifying investment program, at least €500,000, regardless of the selected option.

Golden Visa Spain vs Portugal Visa application costs to consider

When you compare the cost of Spain program and Portugal,Which EU country has cheapest Golden Visa you’ll see that the application costs are almost identical. Both programs have a minimum application cost of €60,000 regardless of the chosen investment option.

In addition to this, both programs also charge an additional €1,200 for issuing residency cards to you and your family member. However, if you decide to apply for permanent residency after living in Spain or Portugal for at least five years, these costs will be waived as long as you use through your country’s consulate in your home country.

Portugal Golden Visa VS Spain Validity Period

Portugal’s program allows you to apply for a permanent residency visa after you reside in portugal for five years. In contrast, Spain Golden Visa program only allows you to apply for a permanent residency visa after living in Spain for three years.

Golden Visa Spain vs Portugal Application Process

When you compare the application process of the two programs, you’ll see that they are very similar. Both programs require an initial application and then an additional police clearance certificate issued by your country’s police department or embassy. Both countries also require that your investment be made through a certified financial institution and registered with the government. This can be done through your country’s consulate or embassy in your home country if you are applying from outside of Portugal or Spain.

Do you want to live in Spain?

Our law firm has more than 15 years of experience.

Contact Us Now!

When it comes to tax returns and income taxes, both programs require that you pay your tax resident on any income earned during your stay in either country. In addition, both programs also require that you file annual tax returns with the government regardless of whether or not you have any income during the year. However, if you’ve applied for permanent residency and have resided in either country for at least five years, then these costs will be waived as long as you use through your country’s consulate in your home country.

Golden Visa Requirements

Portugal’s program requires that applicants meet all requirements before they can obtain their resident permit or visa. These requirements include:

Provide proof that you have enough money to support yourself during your stay (at least 1,000€ per month). Provide evidence that you have adequate health insurance coverage during your stay in Portugal (the minimum coverage amount is set at 30,000€). Provide proof that you have private medical insurance coverage for the first year after obtaining a permanent residence visa (minimum coverage amount is set at 30,000€)

Provide proof that you have an up-to-date police certificate from your country. Provide evidence that you can maintain yourself and your family during your stay in Portugal.

In addition to these requirements, Portugal program also requires applicants to provide proof of good conduct. This can be done by providing evidence of your employment history or a letter of good behavior from the relevant authorities. However, this requirement is only applicable if you are 18 years or younger than 50. If you are 50 years or older, you don’t need to provide additional documentation.

Spain vs. Portugal: Immigration Rules & Process

The most obvious thing to look out for when moving to Spain or Portugal is the immigration process. Spain and Portugal have very similar approaches to foreign nationals becoming legal residence. In both countries, you’ll need to fill out an application form and provide certain documents to be eligible for a Golden Visa. In Spain, you’ll need to fill out an application form and give copies to prove your eligibility for a Golden Visa. In Portugal, you’ll need to fill out an application form and provide documents to verify your eligibility for a Golden Visa. In both countries, you can apply online and either pay a fee or apply for a free government grant. Both Spain and Portugal have special zones where you can apply for a Golden Visa. In Spain, you’ll find yourself in the El Retiro del Siglo XXI – commonly referred to as the Gardens of Spain – while in Portugal, you’ll find yourself in the Castle District. There are specialized visa offices at the airports where you’ll apply for your visa in both countries.

How To Apply For A Golden Visa In Spain?

The application process for a Golden Visa in Spain is the same for everyone. You’ll need to fill out an application form and provide certain documents to be eligible for a Golden Visa. If you’re from a country with a valid visa waiver program with the EU, you won’t have to go through applying for a Golden Visa in Spain. You can apply for a Golden Visa at any of the eight embassies and consulates in Spain. You’ll need to send a copy of your application form and the required documents to the embassy or consulate where you want to apply for a Golden Visa. If you’re from outside the EU, you’ll need to apply for a special visa at the nearest consular office before applying for a Golden Visa. You’ll need to provide proof of your identity and country of origin. You’ll also need to provide evidence of your travel plans.

Do you want to live in Spain?

Our law firm has more than 15 years of experience.

Contact Us Now!

After comparing Spain’s and Portugal’s program, it becomes clear that both countries offer similar benefits to foreign investors but come with different advantages depending on which one works best for your.If you’re considering moving to Spain or Portugal, you’re probably aware that they are two of the most impressive European destinations for those looking to build a new life. Both offer a dynamic and modern culture with a long history of tolerance, knowledge, and open-mindedness. And while they may have very different cultures and legends, the two countries are pretty similar in culture, food, weather, and even how they handle the application process!

Is it possible to renew the Spanish golden visa?

If the Spanish Golden Visa can be renewed, our team of lawyers will help you through the whole process of renewing the Spanish Golden Visa.

2 thoughts on “Golden Visa Spain vs Portugal

  1. Taylor |

    I was in doubt between choosing Spain or Portugal to obtain the golden visa but seeing that there are many friends of mine who are going to live in Spain I will choose Spain. Can you help me with the golden visa?

    Reply
    1. Anna |

      Taylor,

      One of our lawyers will contact you to answer your questions about golden visa in Spain.

      Regards,

      Reply
Write a Reply or Comment

Your email address will not be published.