What makes the Portugal Golden Visa the most sought after PR to Europe?
Portugal combines all the best bits of Europe, from picturesque beaches to vibrant cities and incredible landscapes. Plus, with one of the lowest costs of living in Europe, it’s fast becoming a popular destination for expats and digital nomads. Portugal started issuing residence permits by investment in 2012. This program is sought after by the investors with over 27000 Golden Visas being issued in the last couple years. The reason is quite straightforward-unlike most, A Golden Visa, is a special residency visa where you are only required to spend 7 days per year in Portugal. This unusually flexible condition is permitted in exchange for the Golden Visa holder investing in Portugal. The Portugal Golden Visa sits comfortably at the top of the favourite list for global citizens looking to secure a powerful passport and it’s easy to see why: The Portuguese passport is currently holding the 6th ranking in the World passport index making it one of the strongest passports. Some great reasons to go for the Portugal Golden Visa are: At Krypton Global Investments we help identify good real estate options, business transactions, conduct applications ,and give access to relevant legal and tax professionals tomention in the least. We have a lot more to tell you!Mail “Portugal” to: info@kgre.co
Portugal: A lucrative investment destination in 2023
Buying real estate in Portugal is one of the smart investment decisions to take in 2023. This European country has fast developed a reputation to be a must go place for retirement in the world because of its temperate climate, accessible medical and wonderful insurance policies. It has grown by leaps and bounds over the years in terms of popularity of investors wanting to migrate. Now is the perfect time to invest as between 2020 and 2022, demand exceeded supply and caused the price of Portuguese real estate to increase dramatically. In fact, inflation-adjusted square metre prices in the country have since risen to their highest point in 30 years. The latest growth was likely inflated by Portugal’s “Golden Visa” program, alongside the Covid-19 pandemic and Ukraine-Russia War. With people being forced to sell their properties because of increased loan repayments after facing tough times, the property prices would go down, opening the opportunity to buy reasonably priced properties Today, property valuations in Portugal are at a level that makes it an ideal place for investment. The property market here is well-established. One won’t find any restrictions on the purchase of real estate and most land and property are sold freehold. The country’s property registry system is also centralised and very reliable.The law protects property, property rights, and the right to access and use one’s own property. Overall, the cost of living is lower than in many other European countries, but it can vary significantly depending on the city and the lifestyle of the individual. In Portugal, this is lower than in many other European countries, but it can still be expensive in some of the larger cosmopolitan cities, such as Lisbon and Porto. The cost of housing, food, and transportation in Lisbon is higher than other cities in Portugal. However, the city offers a high quality of life and a wide range of cultural and recreational activities. In Porto, the second-largest city in Portugal, the cost of living is lower than in Lisbon, but it is still higher than in some other cities in the country. Even though both cities have a higher cost of living, they are also considered as the most lucrative places for putting up properties for rent. Buying and investing in Portugal can be overwhelming if you are not aware of the local legislations. At Krypton Global Investments we provide tailor-made packages suitable for you! We also help identify good real estate options, business transactions, conduct applications, and give access to relevant legal and tax professionals to mention in the least. We have a lot more to tell you! Mail “Portugal” to info@kgre.co
Why purchase Overseas Real Estate?
OVERSEAS REAL ESTATE! Real estate market has long been viewed as a safe yet profitable investment! But the stagnating domestic market, easy financing options globally and excellent rental returns there have made an attractive case to purchase overseas real estate. Governments like that of Australia and the United Arab Emirates are offering attractive incentives to boost foreign investment. Here are 4 Investor perspectives on purchasing Overseas Real Estate: Portfolio Diversification Real estate is a tangible asset unlike the traditional investment portfolio of stocks and bonds. Investing in International property broadens the scope of investors portfolio. Purchasing overseas real estate is a tax-efficient investment especially with the newly introduced liberal government policies. The difference between home currency invested and foreign currency gained in return, is one big reason why such diversification is essential. Although investing in overseas properties is often perceived as a difficult process; we at Krypton Global Investments have helped investors by making it a safe and hassle-free journey. Cultural Experience Owning a home in another country gives you the chance of living, dining, partying with and like the regional citizens. Not only do you get to experience the culture but also get to understand and adopt their values. The transition to a foreign country becomes even more enriching for children. Their zeal for a new lifestyle or educational opportunities or career growth makes the transition worthy. While investing in overseas real estate is a sure shot at gaining excellent returns; it is also once-in-a-lifetime opportunity to add flavor to your life. Foreign Income If you are one of the wise investors then your major goal would be to earn excellent income from overseas investments. Which points towards the expectation to gain returns that are comparatively higher than what could be earned in domestic markets. Such an overseas real estate investment brings rental returns that are as high as 11% when in India the returns are between 2-3% only. Now that we have discussed the financial aspects of overseas investments; let’s discuss about the property locations. These apartments and villas are in one of the prime locations with the view of Petronas Twin Towers in Malaysia or just minutes away from the EXPO 2020 in U.A.E. If you seek to purchase properties in the U.K., U.A.E., Australia or Malaysia; then you can reach out here for an Expert Consultancy. Inflation Hedge Real estate titans know the value of building a portfolio that is inflation-proof! While the Indian rupee may see economic lows; an investor knows that their investment future is safe overseas. As a matter of fact, such investments bring rental income in the currency that is appreciating and can even cover up the damage caused by depreciating domestic currency. Overseas Real estate is unarguably the best inflation hedge that one can create. Of course there are thoughts that may not be in favor of overseas real estate investments. But when you weigh the doubts against the unbeatable returns on investment; this will surely be a convincing deal! As an investor, it may seem risky and difficult to enter an Overseas Real estate market. And we understand your concern which is why Krypton Global Investments handholds the investors right from curating the best real estate opportunity till finding tenants for your apartment or till completing the relocation process. Make your first overseas investment with Krypton Global Investments! Reach out now for best opportunities.
Living it Up; Globally!
Travelling to places, visiting those famous heard-so-much-about monuments, enjoying the regional cuisines is the BEST Holiday routine. But its often complicated to decide which country you’d like to explore next! So, this holiday season Krypton would like to present an insightful blog on living it up in various countries globally! Let’s explore the culture, lifestyle and your next holiday destination! Australia: Home to the oldest living culture; Australia is one of the most prosperous nations on Earth. With over 300 languages, 10,000 beaches and kangaroos double than the human population; Australia sits #2 on the Human Development Index. To add, Australia is home to the Worlds Largest Living Organism- The Great Barrier Reef. You’d be amazed to know that Australia’s city Melbourne has been the Worlds most livable city since 7 consecutive years! Not only that but also 5.1% of Rental Return makes Melbourne extremely alluring for investors. And if those aren’t enough reasons to visit Australia this holiday season then visit Australia for its bubblegum pink lakes! United Arab Emirates: Crowned with the tallest, largest, biggest, best of multiple structures; UAE is the treasure of superlatives! From ATMs dispensing gold bars to a near-zero crime rate; UAE has stunned us with their unrivalled achievements. Decorated with the iconic skylines, world-famous beach resorts and World’s largest man-made island; UAE has remarkable excursion spots. With over 20.7 million tourists visiting annually; the Emirates earn a huge chunk from travelers. With such magnitude of pulling in tourism money; UAE is highly appealing to overseas investors. Another reason why Krypton too suggests investing in UAE is because of its 7% Guaranteed Rental Returns! If you’re out on a vacation and also a smart investor; we recommend you browse through these properties! United Kingdom: United Kingdom is the World’s 10th biggest tourist destination for a reason! The Shard, Big Ben, ArcelorMittal Orbit , Fire festival of Scotland are few of the many spots tourists would see while in U.K. London proudly flaunts its Royal Botanic Gardens that presents over 50,000 species of plants and is known to be one of the best gardens globally. The inbound tourism at U.K. brings £22.9 billion annually. With tourists that travel in such huge numbers; it is no wonder that the country has been the center of attraction for investors too. And why would it not be!? U.K. properties bring in guaranteed Rental returns of 8% with growth prospect present. If you are a Real Estate investor who only makes profitable deals then you have check out properties here! Malaysia: A multi-religious country most popular for its scenic coastal tourism; Malaysia brings a culture of living suitable to all. The country takes pride in the fact that its capital Kuala Lumpur is home to the world’s tallest twin towers: The Petronas Towers. To enjoy its beautiful view day in and day out; one can own a property in the Star Ascott and rent it out to yield guaranteed 6% rental returns. Milo the Malaysian superlative for chocolate is an integral part of the food courts and cafes here. Malaysia scores 0.8 on the UNDP’s Human Development Index. It denotes that Malaysia ranks on the higher end of scale when it comes to education, life expectancy and per capita income indicators. Along with which, the World Happiness Report score obtained by Malaysia is 5.339. So which country will you be visiting this Holiday season? Would you be investing in any properties? Why would you park money in overseas investments? Do give your opinions.