In 2019, Portugal was the third country in the European Union with the highest percentage of people able to acquire citizenship in proportion to the total number of foreign residents in each country. According to Eurostat data, Portugal is well above the European Union’s average for this indicator.
Thus, in Portugal, around 4.4% of foreign residents managed to obtain Portuguese nationality in that same year, a percentage that exceeds the 2% registered in Europe as a whole. With a naturalization rate higher than Portugal, is Sweden (7%) and also Romania (4.7%).
Full year-figures for 2020 confirmed that despite the pandemic investors remained interested in the Portuguese Golden Visa programme throughout 2020. Although the annual total fell by 5% compared to 2019, the truth is that 2020 still presented significant positive monthly fluctuations.
It becomes important to mention that over the past two to three years, the Golden Visa scheme has seen significant growth as applicants became aware of its competitive price points. Housing prices in Lisbon, the capital, are one of the lowest amongst western European capitals, making the country an attractive spot for many investors, but also digital nomads.
The fact that nationality law was also approved in the country enabling children of immigrants to have Portuguese nationality at birth. Read more about it here.
A third place in the worldwide peace ranking is also a testament to how Portugal enjoys a blend of unique characteristics that makes the country truly special. Even more so considering that 2020 was a year that saw a slight global drop in the average level of global peacefulness. Read more about Portugal among the World’s safest countries.
The European Union is considering a “digital green pass” aimed at facilitating cross-border travel during this new normal. This digital certificate will show proof that a person has been vaccinated as well as display the results of tests. Read more about the digital green pass to travel to the European Union 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.
So far it has been great. Simon is very knowledgeable and friendly.Loay El Abiad - Investor from Saudi Arabia
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