As established in the Executive’s program, the 2020-2023 plan of the XXII Governo Constitucional foresees a bet on the entrepreneurial ecosystem, similar to what has been happening in recent years.
The goal is to allow foreign applicants to be granted rights regardless of their physical location, emulating the Estonian model implemented in 2014. In this sense, foreign citizens:
Will be able to manage a company in Portugal no matter where they live;
Won’t need to physically visit all entities and services for the process, as they can do everything online;
Can obtain a tax identification number;
Set up a company;
Fulfill tax obligations;
Develop economic activity in Portugal.
Besides the e-residency program, there will also be other reinforcements:
Promote the StartUP Visa, for foreign entrepreneurs;
Tech Visa, created to attract highly qualified talent;
Boosting Port Tech Clusters, to turn ports into innovation ecosystems for the blue economy, uniting startups, mature companies and Research & Development centers in the same space and fostering the creation of a connection platform between Small and Medium Companies, Non-Governmental Organizations and startups.
E-residency will, therefore, allow access to public services without the need for foreign citizens to be physically in Portugal, but at the same time contributing to the spread of entrepreneurship and the creation of wealth in Portugal.
In addition, the Government led by António Costa intends to extend the KEEP tax incentive program (Key Employee Engagement Programme) and the Semente program (designed to support individual investors who want to enter the share capital of innovative startups) and implement one-stop shops exclusively dedicated to startups and tourism companies.
Portugal also offers other residency options such as the Non-Habitual Residency Programme, where you can benefit from reduced or no taxations on your income, or the Golden Visa Programme, where you can invest a minimum of 280k on real estate and be granted residency rights. Learn more about Citizenship by Investment VS. Residency by Investment here.
Portugal Homes has very experienced and knowledgeable professionals working with some of the most established and reputable developers Portugal has to offer. Our vast experience allows us to guide you through the best investment choices.
Whether you want a holiday home or an investment property, we select the best units for your profile and take care of all the process from start to finish. Even after the sale! Our After Sales services assume the responsibility of furnishing your property at your taste, taking care of the property in your absence, managing the rentals if you wish to rent your property when you’re not in Portugal and so much more!
To learn more about the Portuguese Non-Habitual Resident Program and our After Sales services, please fill the form below.
It's fantastic how Ryan had complete knowledge regarding Lisbon and dealt with us in a great manner.Akbar Ali - Investor from Pakistan
Ryan is very professional, but also friendly and knowledgeable about the Golden Visa market. He was also flexible as travelled from the Algarve to meet me in Lisbon to stand in for 1 colleague at short notice.Investor from UK
Portugal Homes did a great job keeping me up to date with progress on my new home construction purchase by providing regular and comprehensive reports. This helped to ease anxieties about doing a home purchase in the midst of a global pandemic.Investor from the USA
Although through Zoom, we established great confidence in George's integrity. [It was] important for us to have confidence in the staff's ability to feel aligned in views.Donald Collie from Australia
The process was very quick and clear. I got all the information I needed in the first hour. The experience was perfect.Tomoko Inoue from Japan
Overwhelming. Luisa has exceeded our expectations on all levels. Trust was established immediately. Enhanced by super friendly professionalism. The networks to banks, accountants, lawyers was seamless. there is not enough space here to write all the positives, enough to say we are making an offer and we only arrived 4 days ago. Its impossible to improve from perfection!John Mulroe and Wiebke Bock