TRANSFER MONEY | law-firm

If having your savings in a strong currency is one of your goals then Portugal is your destination. Portugal was one of the first countries to join the Euro zone and use the Euro currency.

Portuguese banks have passed the stress tests defined by the Europe Central Bank and its investors and creditors. There are security measures in place to protect your money if in a portuguese bank.

All of this makes Portugal a safe and secure destination for your savings.

In order to obtain your Golden Visa there are several ways to do it via savings, the most commom ones are:

Transfer 500.000€ in to a long term (5 years) bank deposit.

Or apply also 500.000€ in investment funds available in every commercial bank.

Chosing one over the other depends only on your appetite for risk and will for a better interest rate.

In both cases your savings will be in a strong currency. and you might be fighting your currency depreciation.