Investing in property within Portugal comes with its own unique benefits. There are several good reasons to buy in Portugal such as the beautiful landscape and great weather, but some lesser known benefits include low cost of living and tax breaks for retirees especially with private pensions.
Portugal's property market has remained stable over recent years and the country's economy has recently seen a resurgence, so investing in property within the country is undoubtedly a good move financially. Whilst Portugal has long been a favourite with the British, it is now proving to be popular with many other Europeans.
Possibly one of the country's best kept secrets, The Non Habitual Tax Resident Scheme
(NHR for short), is a scheme devised by the country's government to attract temporary and permanent residents to the country.
The NHR regime allows for someone with a private pension to be considered eligible to avoid tax, making this scheme ideal for those seeking to retire to Portugal.
Did you know about the Portuguese Golden Residence Permit Program?
This scheme is one of the reasons why Portugal is becoming so popular with not only British citizens but other European countries in particular Sweden, Germany, Belgium, France, Finland and Italy.
Now, non-EU citizens can look forward to fast-track immigration to Portugal, thanks to this new program. This special residence permit, also called Golden Visa, will be offered to investors, who fulfil certain conditions.
If you are a national of a European Union country and you want to stay in Portugal for longer than three months, then you must request a Registration Certificate (Certificado de Registo) from the City Council of your area of residence.
After you have held a registration certificate for five consecutive years, you may request a Permanent Residence Certificate (Certificado de Residência Permanente) from the Foreigners and Borders Service (Serviço de Estrageiros e Fronteiras).
If you have family and friends that are likely to visit you in Portugal, the visa requirements for Europeans, nationals of Australia and nationals of New Zealand is just their passport or identity documents.
They are permitted to stay for up to 90 days at a time. American and Canadian nationals can stay up to 60 days with a valid passport. For other nationals, we recommend checking with the Portuguese Consul in their respective country for information regarding Visa requirements and periods of stay.
The predominant language in Portugal is Portuguese but many of the Portuguese people (in particular the younger generation) speak English and some also speak French and Spanish.
There are many communities of settlers from Europe and the rest of the world in Portugal, this has given the country a vibrant and diverse population.
The national number for the emergency services in Portugal is 112, this number connects you to the Police, Fire and Ambulance services.
In Portugal there are two separate police forces. The Guarda Nacional Republicana (GNR) deals with most matters within the country and pass matters onto the Policia de Seguranca Publica (PSP) if necessary.
Large property, in Nadadouro close to Foz do Arelho, 45 minutes to Lisbon, private swimming pool, quiet area, wine cellar, 5 minutes to beach, garage for 4 cars, gas heating. Ref:AV2023
Small condominium of just 3 properties, delightful area of Amoreira, a few minutes from the historic village of Obidos, close to the magnificent beaches of the Silver Coast and also several golf courses and only 45 minutes from Lisbon. Ref:AV1994
Delightful well presented 2 bedroom apartment ideally located at Boavista Golf, Lagos, overlooking the golf course on an exclusive condominium with communal swimming pool and extensive terraces enjoying distant sea views. Ref:GA368
Block of luxury apartments for sale, located in Baixa Pombalina in the heart of Lisbon, quaint elevated avenue, high specification, ideal rental investment. Ref:AAI344
Village location, walking distance to shops, cafes, pharmacy, furniture included in the price, ground floor, private parking, 2 double bedrooms with fitted wardrobes, 45 minutes to Lisbon. Ref:AA359
Exclusive opportunity, unique plot of land (4,920 square metres), quiet residential area, countryside location, surrounded by mature trees and grassed areas. Ref:APM221
Modern stylish villa, located in the heart of Cascais, fully refurbished to a high standard, 5 en-suite bedrooms, extensive terraces, multipurpose room, laundry, parking for 2 cars, landscaped garden. Ref:AVI342
Opportunity to purchase plot of land, with project approved for 3 properties, ideally located, close to the beach, sought after area, 15 minutes from Lisbon. Ref: APM61
SOLD FURNISHED. Beautiful and modern townhouse built in a good location, on Victoria Boulevard, near the Tivoli Victoria Hotel in Vilamoura. It features 3 double bedrooms and 4 bathrooms all with underfloor heating. Ref:MV22083
Exceptional plot of land located in Serra do Bouro, near Foz do Arelho. The plot allows the possibility of the building of a villa up to 400 square metres. This plot is located near Foz do Arelho beach and just 10 minutes from Caldas da Rainha and 45 minutes from Lisbon airport. Ref:AP248
Two plots of land available in a prestigious area of Foz do Arelho with beautiful lagoon views. They are located on the edge of the beach and have a possibility to build a villa. The plots are located 10 minutes from Caldas da Rainha and less than 1 hour from Lisbon. Ref:AP247
Exclusive brand new 2 bedroom apartments (under construction due to be completed late 2019) in a prime location overlooking the Millennium Golf Course in Vilamoura set in beautiful gardens a luxury condominium with stunning communal swimming pool and off road parking. Ref:MA22102