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.
Superb new townhouse, sea views, private swimming pool, terraces and large balcony, waterfall feature, luxury finishes, high specification, historical village, air conditioning. Ref: PV3521
Detached, single storey villa set in a large plot of mature gardens and fruit trees, magnificent scenery, quiet area, fully furnished and equipped, well presented, 45 minutes from Lisbon. Ref:AV2019
Close to beach, private swimming pool, located in a new residential development, parking for 4 cars, air conditioning, solar panels, alarm. Ref:AVM203
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
Large plot of land with project for 5 bedroom 2 storey villa with private swimming pool. 30 Minutes drive from Faro airport. Ref:APA58
Large plot of land with sea and lagoon views, quiet location, within walking distance to the beach, close to several golf courses and 45 minutes from Lisbon airport. Ref:AP250
Single storey 4 bedroom villa set in beautiful mature landscaped gardens and terraces, in an open condominium of only 8 villas. 45 minutes to Lisbon. Ref:AV1985
Traditional 6 bedroom villa situated between Caldas da Rainha and Nazare, with excellent views of the sea, the Bay of Saint Martin and Nazare beach, set in a large tranquil plot and only 45 minutes from Lisbon. Ref:AV1984
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
This spacious and comfortable villa is set in the heart of Tavira with views of the River Gilao complete with a stunning pool and pool bar entertainment area. This very special villa is in the perfect location and is certainly worth viewing at the earliest opportunity. Ref:MV21704
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
Spectacular plot with breath taking views to the sea and the Ria de Alvor, located in the prestigious Palmares Beach & Golf Resort development in Lagos. Potential to build a 3 bedroom villa, which would be close to the beach and amenities. Ref:APA42