Portugal is the oldest nation state on the Iberian Peninsula located in south west Europe. The country is rich in historical and archaeological sites, beautiful beaches, extensive forests and nature trails, spa resorts and golf courses.
The country offers a great standard of living and some of the best weather in Europe.
Whilst tourism is still a major income source for the island the region also benefits from a variety of other business opportunities and investments.
Encouraged by favourably low taxes these include vehicle production, agriculture, property development, tax, insurance and finance, and more recently, ventures into the renewable energy such as wind and river power industries, and gold mining.
Portugal is a member of the UN, EU, a founding member of NATO, and the Community of Portuguese Language Countries.
With a relatively low cost of living, a Portuguese residency permit is a popular choice with investors.
The application allows parents to be included, and as Portugal offers foreign residents the possibility of registering as non-domiciled, an applicant may not be liable to pay taxes on income generated outside of Portugal.
The permit provides applicants with temporary residence in Portugal for up to 5 years. After 5 years of temporary residence, investors may have the opportunity to apply for citizenship or permanent residency.
A purchase of real estate with a purchase price of at least 500,000 EUR.
A purchase of renovation real estate with a purchase price of at least 350,000 EUR and being the refurbishment of a property over 30 years old.
Note – The amount invested can be reduced by up to 20% if the real estate is in a sparsely populated area.
An investment of at least 250,000 EUR for use towards the maintenance of national heritage or artistic output.
An investment of at least 350,000 EUR for use towards research activities; or for the purchase of shares or venture capital in small to medium sized companies.
An investment of at least 1,000,000 EUR in a Portuguese bank account or specific approved investment option.
No additional contributions are required.
The investment must be retained for at least five years.
The Applicant must demonstrate a physical presence in the country for at least 7 days in the initial year, and then 14 days in successive years.