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.
Extremely helpful and professional. A pleasure to meet you!Li Sze Ki and Man Chi Ning from Hong Kong
Thank you very much for your help. I'm glad to have chosen Portugal Homes as my property management agent.Investor from Hong Kong
Ryan is fantastic. Very helpful, nice and professional. He provides swift responses to me whenever I raise him a question.Rubby Lee from Hong Kong
Thank you. Lovely experience with all of the staff. George was very helpful, knowledgeable and had a good grasp of the financials. Will recommend Portugal Homes to friends. Also excellent experience with the After Sales - very helpful.Nadia Webb
Very knowledgeable and professional, able to provide clear advice that meets my need such that I can make decision quickly. Efficient and energetic team.Tang Wing Yun from Hong Kong
Simon has been wonderful to work with. We did not feel pushed in any way.Andre & Lena Jourdan from USA