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Monday, June 17, 2024

Why Are Wealthy Thais Buying The Portuguese Golden Visa? 

Portugal’s Quinta do Lago is attracting wealthy Thais buying the Portuguese Golden Visa. Property values have been on the rise since its inception over 50 years ago. As a hotel, Wyndham Grand Algarve welcomes guests of all nationalities, backgrounds, and statuses, offering the perfect Golden Visa Investment Opportunity.

Quinta do Lago identifies and has been awarded as Portugal’s best resort for various reasons and is synonymous with the rich and famous. Golf, tennis, and football are all played there. Quinta do Lago boasts 5 golf courses within the resort, another 7 close by. There are 15 restaurants in Quinta do Lago, from Michelin star fine dining to beach bar lunches, all of which are situated in and around the Quinta do Lago.

Quinta do Lago is situated in the Algarve’s largest nature reserve, Ria Formosa. Because of this, the beaches and access to nature are superb. Here you can enjoy easy walks, cycle rides, kayaking, boat trips, swimming, and surfing. Plus, numerous other activities take place throughout the year. This also means that there will be no further commercial or touristic construction in or around the resort, as it has reached the density quota.

Apart from the perceived solid investment opportunity from rental returns on a real estate investment, Portugal offers a golden Visa. 

When Investors purchase property valued over 500,000 Euros, they qualify for a Golden Visa.

What is a golden Visa? 

The Portugal Golden Visa is simply a residence visa issued to non-EU nationals. Those who have made a significant investment in Portugal, like purchasing real estate.

The fast-track process for obtaining permanent residence and citizenship in an EU country – by going the Golden Visa route, non-EU nationals can become eligible for Portuguese citizenship in as little as five years.

  • Portugal ranks top 4 in the 2022 Global Peace index, measuring the safest countries in the world. 
  • Mature and consolidated real estate market. 
  • Temperate climate, natural beauty, quality food, rich culture and easy lifestyle, Family-friendly feel at ease anywhere in Portugal. Political and economic stability. 
  • A gateway to Europe. Fly 60  minutes to Madrid, 90 minutes  to Barcelona and just 2.5 hours to Paris and London

Interested In The Portugal Golden Visa Investment Options?

For wealthy Thai people who are looking for a way to enter Europe hassle free, a brand name like Wyndham Grand Algarve is an easy choice. 

Companies like Ideal homes are offering a full package including property assistance, rental management, accounting and lawyers.

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Asa Marsh
Asa Marshhttps://www.asialifestylemagazine.com/
Serial Entrepreneur and Founder of Asia Lifestyle Magazine.Originally from the UK, Asa Marsh has been based in Asia for many years. Well known for guiding his Real Estate and Lifestyle company Easy Living Phuket to win the title of “Top 10 Real Estate Agency - Southeast Asia” in 2018.
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