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.
Chic top floor apartment, breath taking river views, private parking for 2 cars, 8 minutes from the airport, most desirable location of Parque das Nacoes, communal swimming pools, executive complex, gardens, gated community, 24 hour security, gym., under construction. Ref:ASA143I
One of 7 private villas 800 metres from the beach, amazing ocean views, private swimming pool, contemporary design, air conditioning, solar panels, close to 6 golf courses, west facing. The build has not yet started so plans can still be changed. Ref:AV2153
Traditional villa close to the sea, situated between Burgau and Praia Da Luz. With amazing sea views, large private swimming pool, separate annexe, full central heating, private location, walking distance to the beach, 3 outdoor parking spaces. Ref:GV654
Building plot in the heart of the village of Torre, 10 minutes drive from Caldas da Rainha, close to the Silver Coast beaches, sought after location, possible to build more than one property. Good local amenities within walking distance. Ref:AP267
Extensive plot of land with rustic villa and ruin, countryside location near the popular town of Praia da Luz, requires some upgrading, good investment opportunity, terraces and patios, close to all amenities, mature fruit trees. Ref:GV650
Charming renovated stone villa, elegantly presented, popular town of Amarante, additional plot of land which has building permission, countryside views over the mountains, games room, 45 minutes to Porto, multi car garage, 6 en suite bedrooms. Ref:ASV275
South facing urban plot, prime location in Lagos, popular, luxury sea front urbanization, permission to build detached villa, panoramic sea views, freehold, 400m from the sea, close to the marina, four separate plots available, constructed to your own requirements. Ref:GP057B
Great development and tourist opportunity with seven separate plots that can be sold together or separately. Located close to the marina and beach, in a prime location with pre approval for construction of low rise blocks with parking and swimming pools. Various condominium options. Ref:GP065
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