With its friendly investment and residence programmes like Golden Visa, Portugal may become a destination of choice for Vietnamese investors looking to enter the European Union.
Portugal’s Golden Visa is one of the most competitive investor visas in Europe. The Golden Visa not only allows the holder to live and work in Portugal, but also affords one the right to visa-free travel throughout the European Schengen Area. Through the Portuguese residency programme, applicants can apply for permanent residence or citizenship after five years.
Portugal is an open door to a market of 500 million people in Europe and another door to 250 million people in Portuguese-speaking countries. Portugal signed a double-taxation agreement with Vietnam in June 2015, which took effect at the end of 2016. In addition, the upcoming valid EU-Vietnam Free Trade Agreement (EVFTA) will create a strong driving force for fostering trade and investment activities between two countries. Therefore, the Portuguese Golden Visa will open up new opportunities for Vietnamese seeking to invest and settle in Europe.
You can read the full article here.