Portugal is remains a favorite Golden visa investment program among foreign families who wish to make Portugal as second home. The demand and popularity for Portugal remains all time high making Portugal stand out from the rest of the crowd.
Here are some solid reasons to invest in Portugal.
Invention of ‘Golden Visa’
Portugal invented the concept of Golden visas in 2012. It is becoming more and more popular with residents from – Brazil, the U.S, UK and Middle East. Brexit also drives interest from Britons to invest in Portugal properties along the coast.
No.1 Golden Visa
Portugal crowned No. 1 Golden visa program for 2021 in Best Golden visa rankings for 2021. Started in 2021, the program raised billions and tens of thousands of residence permits have been issued to investors. The program is designed very efficiently to allow wide variety of investments such as residential and commercial properties, capital transfer, bank deposit and even in state issued securities/bonds. All investments have to be maintained for 5 years. You get immediate resident status from day one, giving you free movement in the schengen area.
Portugal is one a stunningly beautiful countries in the World with Sun, Sea and Sand in Western Europe.
Peace and Safety
Portugal is one of the five most peaceful countries in the world (second in European Union) according to the Global Peace Index 2021, behind Iceland, New Zealand, and Denmark. Portugal has among the lowest crime rates in Europe.
Portugal is conveniently located connecting two major continents – North America, South America connecting to Europe and Middle East with excellent flight connections from Lisbon.
With its mild climate, 3000 hours of sunshine per year and 850kms of splendid beaches bathed by the Atlantic Ocean. Portugal is the perfect holiday destination all year round.
Housing prices continue to climb resisting Covid pandemic. Following major property demand in Lisbon and Porto the prices have been steadily climbing in major cities and inner regions. Properties around Lisbon and the nearby Silver Coast, the Algarve and Porto popular with foreigners. The property prices and transaction costs still remains relatively low compared to Germany, UK and France.
Portugal offers free education studying until 18 years old. Most English fluency compared with France, Italy, Spain
Portugal’s Powerful EU passport ranks 4th globally with Visa free or visa on arrival access to over 160 countries and territories.
Portugal ranks 39th for ease of doing business with business friendly regulations in the World. Ease of Doing Business in Portugal is expected to reach 26.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations.
Portugal has well developed nation with modern infrastructure, technology and communications welcoming new ideas and innovation.
Portugal is dog friendly countries. Portugal ranks fourth in EU for having 38% share of households owning at least one dog in the European Union in 2019
NO WORLDWIDE INCOME TAXES, Non-habitual Tax regime is extra benefit. Under NHR foreign earned income, foreign-source self-employment, capital gains, investment income, rental income, royalties, and occupational pensions are not taxed. Note that capital gains from sale of securities are not exempt.
Portugal has no inheritance tax for property investors.
Portugal is also tax free for Cryptocurrency investors.
Portugal is a gateway to EU citizenship in the European Union.
Portugal Fastest EU residence program leading to Portuguese and EU citizenship after 5 years. The LAW 2/2018 reduced foreign national to apply for Portuguese nationality has decreased from 6 years to 5 years. Citizenship also becomes easier for children.
Portugal provides a easy pathway for all GV investors and their family members including children to become EU citizens after 5 years. No compulsory living required. Must pass A2 language test and have no criminal record. Portugal has no citizenship test and military service.
Being a European Citizen means you benefit from All the Best things:
- A continent at peace
- The world’s biggest economy
- The freedom to move