Your passport to European residency

Invest in Portugal and gain a residency permit providing access to the 26 European (Schengen) countries

 

By investing at least 500,000 euros in a property in Portugal, non-European nationals can automatically obtain Portuguese residential permits enabling free circulation around the 26 Schengen countries with the possibility of obtaining Portuguese nationality after 6 years.

One of the measures introduced by the Portuguese Government to attract international investment was the creation of this new programme of residence permits for foreigners – the so-called Golden Visa – which came into force in October 2012 and created a powerful incentive for those who want the benefit of residency in one of Europe’s most socially stable and safest countries.

To qualify for the permit through real estate investment the candidate must purchase a property valued at 500,000 euros or more, alternative means of securing the residential permit are to make a capital investment of at least €1 million or to form a business venture in Portugal that creates a minimum 10 jobs. These investments should be maintained for a minimum period of five years. According to the most recent changes introduced by the government, investors must demonstrate that they have stayed in Portugal for at least 7 days in the first year and 14 days in each subsequent period of two years, the incentive is also extendible to the candidate’s immediate family members.

The investor must, upon making the application, present the document that proves the purchase or promise to purchase the real estate. This document must also include a declaration from a financial institution operating in Portugal confirming the actual transfer of the capital for this purpose (definitive purchase or payment of deposit). The applicant must also present an up to date land registry certificate including registration of the purchase and, if possible, of the promissory sale and purchase contract in favour of the applicant. In cases in which a promissory sale and purchase serves as the basis for the granting of the permit, the respective definitive contract must be presented prior to the application for renewal. It should be noted that properties acquired for the purposes of obtaining a permit may be mortgaged or charged on any part of their value over and above the required minimum of 500.000 euros, and may also be leased or assigned for commercial, agricultural or tourism purposes.

Simultaneously and under certain circumstances, taking up tax domicile allows for zero tax on foreign passive income and pensions for a period of 10 years. Another fiscal benefit is that there is no inheritance tax in Portugal.

The residence permit is valid for a period of one year and can be subsequently renewed every two years, as long as the necessary requirements for the concession are still ­maintained. After 5 years permanent residency status may be granted and after 6 years of ­residency it is possible to apply for Portuguese nationality provided that all the conditions for that purpose are met. Once a Portuguese national and thereby a fully-fledged European citizen, it is possible to live and work freely anywhere in Europe.

DISCOVER MORE ABOUT FINE & COUNTRY

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MULTI-AWARD WINNING


Our consistent efforts to offer innovative marketing combined with a high level of service have been recognised by the industry for an astounding fifth year in a row, winning Best International Real Estate Agency Marketing at the International Residential Property Awards.

INDEPENDENT EXPERTISE


Every Fine & Country agent is a highly proficient and professional independent estate agent, operating to strict codes of conduct and dedicated to you. They will assist, advise and inform you through each stage of the property transaction.

GLOBAL EXPOSURE


With offices in over 300 locations worldwide we combine the widespread exposure of the international marketplace with national marketing campaigns and local expertise and knowledge of carefully selected independent property professionals.

UNIQUE MARKETING APPROACH


People buy as much into lifestyle of a property and its location as they do the bricks and mortar. We utilize sophisticated, intelligent and creative marketing that provides the type of information buyers would never normally see with other agents.

PARK LANE OFFICE


Access the lucrative London and international investor market from our prestigious Park Lane showrooms at 121 Park Lane, Mayfair. Our showrooms in London are amongst the very best placed in Europe, attracting clients from all over the world.

Our International Network


Connecting offices on over 300 locations worldwide, our referral system combines local knowledge and expertise with an international network to find the right buyer for you wherever they are, at the same time as finding you your ideal next move

Our International Websites

United KingdomRussiaFranceHungaryMaltaSpainPortugalEgyptUnited Arab EmiratesNamibiaWest AfricaSouth AfricaAustraliaFloridaZimbabwe

SOCIAL MEDIA

We interact with customers on the main social media channels including Facebook, Twitter, YouTube, LinkedIn, Pinterest and Google+, giving each property maximum online exposure.

 

Media Centre


MEDIA CENTRE Our internal Media Centre is a team of experienced press relations managers and copy writers dedicated to liaising with newspapers, magazines and other media outlets to gain extensive coverage for our properties in national and local media.

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Fine & Country Foreign Exchange


We have partnered with IFX, one of the world’s leading foreign exchange specialists to provide private and tailored currency services for all of our clients buying and selling luxury property around the world. Find out how we can help »