Portugal keeps adding to its accomplishments. Being the owner of one of the most powerful passports in the world, Portugal was elected as one of the best places for residency and to acquire a second passport by Forbes.
The application process is relatively painless, and as a Portuguese resident, you’re allowed to live in the country and travel anywhere in the Schengen Area. This includes Austria, France, Germany, and just about everywhere you want to be in the European Union.
When eligible for Portuguese residency, you can benefit from the many tax advantages if you apply through the NHR Programme. The NHR status enables you to take advantage of social services and privileges from both your home country and Portugal, the right to vote, own real estate, and also keep your existing citizenship and become a dual citizen.
If you come to Portugal for work, you can also profit from a 20% fixed income tax (IRS). This reduced tax rate refers to all high-value-added skilled professionals.
I - The following professionals, provided they hold at least (a) a level 4 qualification under the European Qualifications Framework, or (b) level 35 of the International Standard Classification of Education, or (c) 5 years of duly proven professional experience:
II - Directors and Managers of businesses that promote productive investment in eligible projects that qualify for tax benefits under a concession agreement entered into under the Investment Tax Code
If you’re a non-EU citizen, you can apply to citizenship through the Portugal Golden Visa programme alongside your family.
You can also obtain residency through real estate if you buy property between 280.000 to 500.000 EUR. Browse through our eligible properties here or discover what the best Portuguese places to invest in property are here.
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Portugal is a country that has recently attracted more interest from expatriates from all walks of life. The affordability and warm weather, as well as the recent strength of the healthcare system during the pandemic, are making the country popular for clients to invest. The economic development above the Eurozone and highly skilled professionals also make Portugal an attractive destination to do business, while high-end education and great quality of life attract families wanting to relocate 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.