Leave a Message

Thank you for your message. We will be in touch with you shortly.

Why Choose Portugal?

main

The place to invest and live

Whether it’s the sun, the history, or the pristine natural landscapes that drew you in, Portugal is a first-class destination to move to and call home. With a socioeconomic and cultural backdrop where you will find some of the friendliest people in the world, low living costs, excellent gastronomy, and attractive tax benefits, Portugal is an easy country to adjust to and a great place to invest in real estate.

main

One of the 20 best places to live, invest and work in Europe

It’s also one of the safest countries in the world. Politically stable and with a privileged geopolitical position, as a member of the European Union, Portugal offers access to a market of 28 countries with approximately 495 million consumers, providing an entryway into a global market of 220 million Portuguese-speaking consumers.

A safe port for
real estate investment

With a rapidly growing, long-term interest in real estate development and investment properties – residential, hospitality, business – our clients choose Portugal for a multitude of enticing reasons. In addition to being ranked #25 on the list of the 161 best countries for doing business, this country boasts so many more benefits:

  • Innovative and stable economy
  • Incomparable investment opportunities
  • Competitive business factors and conditions
  • Ease of starting a business (5 days, 6 procedures)
  • Ease of registering a property (1 day, 1 procedure)
  • The concept of property used in Portugal is “full ownership” or “freehold”
  • High productivity levels
  • Clear tax rules
  • Ease of obtaining residence permits
  • Special tax regime for non-habitual residents
  • Inheritance tax revoked in this country
  • Attractiveness and quality of life

Taxation benefits

Portugal is ranked #56 among the 180 countries that comprise the 2020 Index of Economic Freedom and stands at #34 on the list of 141 countries that make up the 2019 World Economic Forum’s Competitiveness Report. Why? Because, among the many benefits for foreign investors, as it follows, Portugal is a great place to live.

main

High Quality Lifestyle

  • Beautiful, diverse natural scenery
  • Cosmopolitan cities with cultural attractions and a high standard of restaurants, bars, nightlife and hotels
  • Very high level international and local schools
  • Excellent healthcare system
  • One of the safest countries in the world
  • International expat network
  • Healthy work life balance
  • Multitude of indoor and outdoor hobbies and pursuits to suit all individuals and families
main

Non Habitual Resident Tax Regime (NHR)

It presents an array of fiscal advantages, with tax exemptions or extremely reduced taxes for residents under the regime, making it possible to receive most foreign income without attracting Portuguese tax for 10 years. Also:

  • Tax exempt from foreign sourced dividends, interests, real estate and pension.
  • No wealth, gifts or inheritance taxes.
  • Flat income tax rate of 20% for those employed in Portugal in one of the pre-defined ‘high-value’ professions.

Non-habitual Resident

What is it?

Portugal has one of the best tax regimes for pensioners, high net worth individuals and entrepreneurs.

The tax regime for non-habitual residents allows any citizen, regardless of nationality, to enjoy the Portuguese climate while benefiting from an attractive tax regime. If you have not lived in Portugal for the past 5 fiscal years and plan to retire or your main source of income is capital income, you can improve your tax burden by moving to Portugal.

Who can benefit from this regime?

Citizens who become resident taxpayers in Portugal who have not been considered resident in Portuguese territory in the five years prior to the year of the request may apply to this status.

This applies either to foreign citizens or to Portuguese citizens who are living abroad and intend to return to Portugal. In order to be considered as resident in Portugal, you will have to stay more than 183 days in Portugal or have a house that demonstrates the intention to maintain the house and live in it as a habitual residence.

What are its benefits?

Employment income, pensions, business and professional incomes and other types of income obtained abroad may be exempt from IRS under certain conditions. However, certain exempt incomes will be taken into account for the application of the marginal IRS rates.

Employment income and business and professional incomes earned in activities of high added value with a scientific, artistic or technical character (Ordinance no. 12/2010, of January 7) will be subject to an autonomous taxation of 20% plus the extra surcharge of 3.5%;

How to request this status?

In order to benefit from the application of this regime, one must be registered in the AT tax register as a "non-habitual resident". For this purpose, the taxpayer must apply for the regime and submit a declaration that states that the necessary requirements to be considered as resident on Portuguese territory have not been verified in any of the previous 5 fiscal years. However, if there is reasonable evidence of a lack of truthfulness of the information contained in the declaration, it may be requested to present tax residence certificates and annual declarations of income to certify residence abroad.

Developments in Portugal

Press and Media

Please complete the following form to download our buyer’s guide to Portugal

Sending...
Successfully sent!
eBook Image