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.
The overall experience was great from follow up to After Sales. I would like to give special thanks to Mr. Simon, Ms. Francisca and Ms. Mariana.Investor from UAE
Luísa is a very understandable person, she knew exactly what we were looking for and even showed us and gave us more choices to pick from. Very professional advice, hospitality and service.Roshana (Zulfiqar) Mian | Hong Kong
My property advisor, Mathew McGurn, was truly excellent! His knowledge, professionalism and attention to details was much appreciated. He worked hard to not only find a property that fit all my requirements, he negotiated successfully with agents making sure my offer won over other buyers bidding for the same property. In addition, his communication skills, prompt response time and general help with my getting settled in Portugal went above and beyond the normal.Investor from the USA
Dear Sérgio, thank you so much for arranging our 1º Esquerdo place. We love our place, and your attention to detail is very much appreciated.Tim Thronson - Investor from the USA
A full service, one stop opportunity. Very easy for us a foreigners. Ryan Dunn went above and beyond for us. We appreciate him and his work!Jose Arias - Investor from the USA
Everyone I met with and spoke with has been extremely knowledgeable and professional. Dealing with native English speakers who understand things from my perspective was very reassuring. Finally, knowing that I had Matthew in my corner gave me the confidence to proceed with the process of buying an apartment in Lisbon. Thanks very much.Investor from the USA