Updated Time 21 Mar, 2020, 10:46 (UTC+08:00)
Portugal will become the next country to sign the E1 / E2 Visa Treaty with the United States. That is good news for Vietnamese investors who want to settle in Portugal. The US House of Representatives has approved this through the AMIGOS Act (Advancing Mutual Interests and Growing Our Success).
If the act passed by the Senate and approved by the President, it will help Vietnamese investors to have dual citizenship by investing in the Portuguese Golden Visa & American E1 / E2 Visa .
In addition, under this act, Portuguese citizens are fully eligible to apply for a E2 visa to the US. As a result, Portuguese people can invest in the United States directly and effectively through the E1 / E2 settlement program.
Portugal's Golden Visa program has long been a program to attract investors settled in Europe. Before, to apply for an E2 Visa to the US, investors could only apply for an E2 Visa through Citizenship by Investment Program from Turkey or Grenada.
When the AMIGOS act is passed, investors in the Golden Visa-Portugal program will have more great incentives. At that time, investors could not only settle in Europe but also be able to apply for an E2 visa to live in the United States. Those are two leading economic regions in the world, along with the high living quality.
Golden Visa of Portugal has long been famous as a power passport to help owners freely live and work in European countries. Portugal is known as the tourist paradise of the world with a mild, cool climate all year round. The condition to own a Golden Visa is that investors must contribute to the National Fund. own real estate or investment in a business in this country. The advantages of the program are as follows:
The AMIGOS act gives a positive signal to Portugal. From the government to the people expressed their agreement and support for this act. Portugal Foreign Minister, Augusto Santos Silva, said: "It is a very important step because it allows business travel, for economic and business reasons to the US, to be made much easier,”
Moreover, this act will facilitate the Portuguese-American community to contribute more to the states in the United States. Rhode Island state delegate Cicilline strongly agreed with the act and said it was a major step forward, boosting trade between the two countries and will further strengthen the friendship between the two countries.
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