Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of Abroad | Best Of | Favourites & Replies | All Boards | Post of the Week! ¤
Search Abroad
Shrewd'm.com Merry shrewd investors
Best Of Abroad | Best Of | Favourites & Replies | All Boards | Post of the Week! ¤
Search Abroad


Outskirts of Shrewd'm / Living Abroad
Unthreaded | Threaded | Whole Thread (13) |
Author: Rubic   😊 😞
Number: of 297 
Subject: Re: Residency by Investment in EU for US citizen
Date: 07/09/2024 3:21 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
Hi oddhack.

I have experience that I can share about an American citizen's
path to residency in Portugal, since that is one of the two
countries you mentioned. (Spain being the other one.)

Before I continue this thread, however, it might be a good idea
to mention your options in Portugal.

1. First, if you're planning to live here 8+ months per year, then
the Golden Visa/Investment route isn't necessary. The Golden
Visa was often used by people who wanted to bypass the "living
in Portugal" residency requirements. Even the 8 months/year can
be adjusted for residency under specific circumstances (e.g.
business travel abroad).

> I'm old enough that this is probably the only way I could
> qualify for permanent EU residency with a path to citizenship,
> which is my goal.

2. Would you be retiring in Portugal or do you plan to continue
to work/be employed whilst living here? I ask because that may
change how you approach meeting the requirements slightly.
I'm retired.

> Before I get started with screening calls, I'm wondering about
> the feasibility of finding, screening, and working directly with
> such a lawyer. I'm guessing costs will be in the $10-20K range
> between travel, legal fees, government fees, etc.

3. I handled everything myself without the use of a lawyer. It's
a pretty straightforward process and you can always hire a lawyer
if you get stuck. Note that lawyers and relocation agencies often
push the Golden Visa program because it generates larger fees.

If you can provide answers to (1) and (2), I'll let you know if
you can avoid (3) and avoid residency by "investment".

Kind regards,

-Rubic
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (13) |


Announcements
Living Abroad FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Abroad | Best Of | Favourites & Replies | All Boards | Followed Shrewds