From 401(K) to Lisbon with Tiago Gali Macedo
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Funding a Portugal Golden Visa
Portugal has jumped in popularity. The European nation has inarguably been one of the most popular golden visa programs to pursue. While buying a house no longer gets one residency, thousands are still choosing to make the country their home.
For folk from the United States, there is an opportunity to use 401K and Retirement funds to actually fund a Golden Visa to Portugal. What are the options or alternatives to using retirement funds for folk from other countries? Are there any tax benefits?
Mona and Rebecca sit down with Tiago Gali Macdeo to discuss funding options as well as to why Portugal continues to draw so many applicants from the United States and around the world. What challenges can one expect to face? And does the country really live up to all that hype?