Why live in Portugal?
Portugal has attractive conditions to make its investment here.
Imagine living in a country where you can find great diversity of landscapes and environments at short distances: sandy beaches to lose sight of, mountains and golden plains, vibrant cities and an ancient heritage.
A country where you can practice water sports, play golf in the best fields of the world, contemplate nature, experience the latest innovations in wellness treatments or discover the unparalleled heritage, wines and gastronomy.
We are the 17th most peaceful country in the world in a sample of 153 countries (Global Peace Index 2011) and ranks 32nd among 182 countries in Transparency International (Corruption Perception Index 2011).
Portugal has an excellent geographical situation. In the convergence of three continents - Europe, Africa and America - it has always been a central point in the most important international routes. Here you can find international airports around the country - Lisbon, Faro and Porto have regular connections to the main cities in the world.
Our winters are mild and the summers hot and dry. The number of sun hours reaches some of the highest values in Europe.
Competitive real estate industry
Portugal has a very attractive and competitive real estate offer. It is recognized internationally for the quality of the work of its architects.
On the other hand, very attractive prices make of real estate in Portugal a competitive and reliable sector.
In a comparison of Average Value of Real Estate in the main European cities (properties with around 120m2), Portugal occupies the 26th position of a total of 38 places, revealing that prices in Portugal are much lower than those practiced in the rest of Western Europe.
Considered one of the best countries to buy home, it has clear and transparent tax rules and provides facilities in obtaining residence permit, following new legal provisions more attractive for foreign investors.
It also provides a special regime for Non-Habitual Residents, aimed at attracting foreign investors through very favorable tax rates on income.
The Non-Habitual Resident scheme is applicable to taxable persons who have not been tax resident in Portugal for the last five years and who remain in Portugal for more than 183 days a year, followed or interpolated or have, on 31 December of that year, Conditions which imply the intention to maintain and occupy it as a habitual residence.
- Exemption from taxation in Portugal of income from a foreign source, resulting from dependent work or pensions;
- Taxation at the rate of 20% of income from Portuguese source, arising from value-added activity;
- Benefits granted over a period of 10 years.
Having a tax residence in Portugal also offers additional tax advantages.
For more information, see here.
This scheme allows foreign citizens to obtain a temporary residence permit for investment activity with the exemption of residence visa to enter the country.
The investment activity can be consummated in three ways:
- Transfer of capital in the amount of one million euros or more;
- Creation of at least ten jobs;
- Acquisition of immovable property worth 500 thousand euros or more.
Benefits attributed to foreign investors:
- To enter Portugal with exemption of residence visa;
- To reside and work in Portugal, being able to maintain another residence in another country;
- Circulate through the Schengen area, without visa requirements;
- Benefit from family reunification;
- Access to permanent residence (after five years and in accordance with current legislation);
- Access Portuguese nationality (after six years and in accordance with current legislation).
Learn how to join and what requirements are needed here.
Living in Portugal
Foreign Service and borders
Ministry of Foreign Affairs
Tourism of Portugal
AICEP Portugal Global
Dispatch no. 11820-A / 2012
Dispatch no. 1661-A / 2013