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.
Contemporary detached villa, private swimming pool, tranquil location next to pine forest, fully furnished, part covered terrace with large balcony, excellent facilities, luxury resort, close to the beach and all amenities, 30 minutes from Lagos. Ref:ASV238D
TAGUS BAY - Duplex apartment with river view, in a charming village well served by shops and restaurants. This apartment has 2 floors comprising 3 bedrooms and 2 balconies with a private pool. Private condominium with superb facilities including gymnasium. Ref:ASA004
This modern off plan villa is located in a small village near Obidos. The villa is a single storey detached property and will be built and finished to a high standard. At this stage, the buyer can choose the finishes, including the style of kitchen. Large private swimming pool. Ref:AV2105
Exceptional plot of land, village of Melides, countryside location, close to the beach, excellent investment opportunity, approved project for both housing and tourism. Ref:ASP243
Large plot of land, ideal for construction of a hotel or a development of villas. In a very good location in Obidos, next to the historic castle and 80 kms from Lisbon with great motorway access. Ref:ASP007
Plot of land with approval to build a detached villa. The design of the villa has been approved and building can be started immediately. Located in Infantes, Salir de Matos with superb countryside views. Ref:AP266
PLOT for sale with distant sea views, 10 minutes from Porto. Build your own villa with large part covered terrace, luxury kitchen, customise your finishes. The price includes plot, deed, project architecture and project management. Ref:ASP215C
Plot for sale. Distant sea views, 10 minutes from Porto, great location. Build your own villa. The price includes plot, deed, project architecture and project management. Ref:ASP215B
Extensive plot of land, planning permission for 2 unique villas in a tranquil, peaceful location with panoramic countryside and sea views, 20 minutes from Vilamoura and 15 minutes to Faro, sought after area, viewing essential, elevated position. Ref:PP3202
Low maintenance contemporary villa close to all amenities. Fully renovated and ready to move in to. Beautifully presented with 4 en suite bedrooms, large open plan living room and a fully landscaped garden with mature trees and private swimming pool. Ref:RV5449
Private plot for sale. Located near Bombarral and only 45 minutes from Lisbon and the international airport. The plot is south facing with delightful views of the surrounding countryside. Approval to build a 3 bedroom villa with swimming pool. Ref:AP264
Plot of land, countryside location, popular area of Birre in Lisbon, close to golf courses, 1000 metres from the sea, approved project for modern detached villa with swimming pool, close to amenities, good investment opportunity. Ref:API361