Portugal Prime Properties

Property & Investment Incentives

Prime Portugal Property is the only agent in Portugal to deliver sound investment property opportunities which have significant potential for earning a return and are tailored to the Golden Visa Resident Permit programme and the Non Habitual Residence Programme.

Golden Visa Residence Permit Programme (Autorização de Residência para Atividade de Investimento)

This fast-track programme is designed to attract foreign investment to Portugal. The legal requirements are simple and clear.

To be eligible, applicants must not hold citizenship of any European Union or European Economic Area country, must conduct investment activity for a minimum period of five years by transferring capital from abroad, purchasing property or creating at least 10 jobs, and be of good legal and tax standing. A nuclear family may accompany a successful applicant.

The Portuguese residence permit provides non-EU nationals a gateway to enter and travel visa-free within 26 EU countries (the Schengen area).

Non-Habitual Resident Scheme

EU and non-EU foreigners can choose to become residents of Portugal for tax purposes. The Non-Habitual Resident status gives the highly preferential rate of 20% income tax for certain Portuguese employment and tax exemption on almost all income from foreign sources.

The status is granted for a period of 10 consecutive years, provided the applicant resides in Portugal for more than 183 days a year and is not a tax resident in their tax jurisdiction of origin.

The scheme is aimed at high net worth individuals and skilled professionals involved in areas of high added value who can contribute the best international talent, such as engineers, technicians, medical doctors, IT specialists, senior business managers and investors.

Useful links

Official SEF (Serviço de Estrangeiros e Fronteiras) site

Taxation for non-residents PWC

2009 Non-resident tax law brochure

Finanças tax guide for non-residents

Portugal hopes to become a pensioner’s paradise with zero tax offer

t. 971 55 566 9752 . filippa@primeportugalproperty.com