Visa-free travel
holders of Portugal passport can travel to 187 countries including the Schengen countries freely and can either obtain vise on arrival or online as well.
Europe’s most popular residence program by investment policies, Portugal Golden Visa offers a combination of limited presence requirements and a route to EU citizenship after five years of residency. Investor can choose from a wide variety of investment options, giving investors the freedom to pick among several options. Starting from EUR 250,000 up to EUR 500,000, investors can choose from variety of investment options available to them.
In addition to assisting you in determining the best investments for your financial situation, the professionals at Iggmigration also assist clients with the acquisition of passports and other related documents while ensuring that all transactions are genuine and in compliance with local laws.
holders of Portugal passport can travel to 187 countries including the Schengen countries freely and can either obtain vise on arrival or online as well.
it gives the benefit to the investor to acquire the citizenship without residing there.
investor needs to hold the property for five years, during this time period, the investor can earn revenue by renting out the property. The investor can sell the property after obtaining the citizenship, there are no sale restrictions.
if the investor wishes to have any third or fourth citizenship, there are no restrictions from the Portugal Government as they allow to hold dual or multiple citizenship.
investors can get Non-habitual Resident status in Portugal for 10 years through which the investor will not be liable to pay taxes on global income in Portugal and the tax rate for income earned in Portugal is decreased by 20%.
Invest in a business restoration project that is situated in a sparsely populated region of the nation.
Invest in a home rehabilitation project that is situated in a nation’s interior, a low-density location.
Costs begin at €350,000 for an investor who wishes to fund a rehabilitation project in a high-density location. Either the property in question is more than 30 years old and undergoing renovations, or it is located in a designated region for restoration. Additionally, it must be inside a residential building.Benefits of using Portugal’s Golden Visa 280k option for low-density investments:
Excellent rental return yields with a lower investment threshold
Low-density locations have much lower real estate values
Strong real estate market, with rentals being very beneficial
Purchase of Real Estate | €280,000+ | |
Transfer of Tax | 6 to 8% of the property value | |
Stamp Duty | 0.8% of the property Value | |
Tax on Annual Property | o.4% of the cadastral property value | |
Medical Protection | €400+ per person | |
Residence Permit Card | €5,340 per family member | |
Fee for applications | €533 per family member |
Investor can invest in the purchase of investment fund units which is available in selected assets like residential or commercial real estate, in Portuguese companies, facilitate industrial facilities or in European stock market.
Purchase of fund units | €500,000+ | |
When investing, take a fund commission. | Up to 7.5% | |
Annual fund earnings commission | 0.5% to 3 % | |
Investment income tax on Portuguese taxpayers | 14 % | |
Tax on non-residents’ investment income | 0% | |
Medical protection | €400+ per person | |
Fee for applications | €533 per family member | |
Card for a residence permit | €5,340 per family member |
Investor can invest in the business which should create at least 5 job employment.
The following areas are where the Portuguese government intends to promote investment:
Low-Density Regions
Cultural Heritage
Productivity and job production
Activities for high environmental and social value
Urban requalification
As a result, the Portuguese government revised the pathways for obtaining residence through real estate investment, establishing a categorization system for the regions of Portugal that are acceptable for real estate investment. These locations are referred to as “low-density” and “interior” places. But these are two different concepts, so be clear about that.
Below, we clarify which regions in Portugal are suitable for real estate investment and explain the fine differences between “interior areas” and “low-density.” Hopefully, at the conclusion of this section, you’ll be aware of which regions in Portugal are suitable for real estate investment.
To qualify for a golden visa residence permit, you must invest in residential real estate in certain interior locations. In contrast, there are no geographical limits on commercial real estate. You can invest anywhere in the nation as long as the property is categorized as “commercial,” in other words (licensed for business-related activities).
See our map below, which highlights the interior regions of Portugal. It should be noted that properties located in Portugal’s “interior” regions qualify for both residential and commercial real estate investments. Only commercial properties, which are shown in red and cannot be acquired outside of the “interior” restrictions.
The low-density zone is highlighted on the map below by the light grey areas that are located there. Dark grey highlights are used to indicate areas that are outside the low-density zone.
Whether or not a 20% discount rate on your investment is applicable depends on low-density locations. Territorial units (NUTS III) that are considered low-density areas have a per capita GDP that is less than 75% of the national average and fewer than 100 residents per square kilometer. Low-density housing often refers to structures with a few units or to neighborhoods that are mostly made up of single-family houses. Contrarily, metropolitan areas with a large number of units are often referred to as having high-density housing.
Keep in mind that a location might be both interior and high-density. You are still able to buy a house in this situation, but there is no discount.
The areas of Portugal highlighted on the map below are qualified for either of the following:
Investment in high-density real estate outside of the interior (commercial only)
Investment in low-density real estate outside of the home (commercial only)
Investment in high-density real estate in interior spaces (residential and commercial, but no discount applies)
Low-density interior real estate investment (commercial and residential; 20% discount applies)
It is quite feasible to purchase a residential property that is located in a certain interior region of Portugal and also qualifies as “low-density.” Some portions of the Douro Valley, Aljezur, and Peneda Gerês are among the regions with a strong potential for growth that are eligible for the Golden Visa.
Given that houses are typically more affordable and roomier in low-density areas, they provide good property options for investors at a fantastic bargain. For about €400K, a family frequently finds the villa of their dreams, replete with fruit trees, a respectable-sized pool, and breathtaking views.
The Alentejo, Douro Valley, and Peneda Gerês are currently the three most sought-after investment destinations. All provide outstanding investment rates and great potential to expand into the hotel industry, outdoor travel, as well as cultural and spiritual travel.
Region | Selling Opportunities | Price per sqm | Fluctuation of Prices | Traveling Industry | Rental Income | Travelling Returns |
---|---|---|---|---|---|---|
Peneda Geres | Medium | Low | Low | High | Low | High |
Douro Valley | Medium | Medium | Low | Medium | Low | Medium |
Aljezur | High | High | Low | High | Medium | High |