REAL ESTATE INVESTMENT IN PORTUGAL
Unique Consulting for demanding clients
It is possible to apply for this visa through Real estate investments, the options are:
Changes to the Portugal Golden Visa come into effect on January 1st 2022.
Residential property
-
You will no longer be able to invest in properties in major cities or coastal towns.This means that locations such as Lisbon and the Algarve are off the table
-
Real estate must be in specified interior areas of the country and worth at least €500,000. This amount drops to €300,000 if you invest in a rehabilitation project
-
Properties in ‘low-density’ areas benefit from a 20% discount
Commercial property
-
Commercial property can be purchased anywhere in the country, as long as it is worth at least €500,000. Again, this drops to €300,000 if you invest in a rehabilitation project.
-
Commercial Properties in ‘low-density’ areas also benefit from a 20% discount.
Tax regime for NHR (non habitual residents)
During 10 years, a fix tax of 10% IRS for work revenues in high added-value profissional activities;
For pensioners a fixed tax of 10% in abroad pensions revenues (depending on agreements between Portugal and revenues country);
No tax apllied for abroad returns on categories: work, capital, added-values.
Requisits to acquire/apply for NHR status:
-
No fiscal tributation in Portugal in the last 5 years;
-
Stay in Portugal more than 183 days (in a row or intercaleted)
-
Should be in Portugal in 31st december of the year of NHR requisition and show interest in choose Portugal as residence.
-
Work in a foreign country in public services of Portuguese Governement. Need to have portuguese fiscal number (NIF)
-
Registry as portuguese resident
*Important to consult local lawyers to analyse your specific case and give the adequted suppport and guidance.
