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Portugal's Golden Visa: Invest up to Rs 7 cr for Schengen residency chance

Business Standard LogoBusiness Standard7h ago

Portugal's Golden Visa: Invest up to Rs 7 cr for Schengen residency chance - Business Standard

Quick Summary:

These funds are spread across multiple projects, and investors receive returns based on the success of these ventures," Varun Singh explains.

According to Varun Singh, Managing Director of XIPHIAS Immigration, "Applicants can invest in research activities or create part-time jobs with a minimum of €500,000 (Rs 4.66 crore).

While real estate was traditionally the most favoured option, many investors are now turning towards business and capital investments."Venture capital funds, especially those focused on Portugal’s hospitality sector, are growing in popularity.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 10:28:06 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 885 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22387396

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 289 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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