At The Portuguese Wine we provide consultation services for anyone looking for vineyard properties in Portugal.
• Expert knowledge and insight about the acquisition of wine and wine-producing estates, including every
step of the purchasing process.
• Personalised travel arrangements for potential buyers and language translation services
For more information, please contact:
Contact: +351 252 610 304
Skype: portuguesewine or complete the form on the side
Did you know that you can obtain a residence permit by investing in Portugal?
The recent changes to the legal rules on entry and stay of foreign nationals in Portugal have installed a mechanism allowing foreign nationals to acquire a Portuguese residence permit if they make investments in the country.
With the launch of this system, it is now possible to get a temporary residence permit without needing a residence visa in advance, if the foreign national, personally or through a company, makes an investment that leads to the creation of at least one of the following situations in Portugal:
• (A) Transfer of capital in an amount equal to or greater than EUR 1 000 000 ;
• (B) Creation of at least 10 jobs; or
• (C) Acquisition of real estate of a value equal to or greater than EUR 500 000.
The investment chosen by the applicant for the residence permit must have been made at the time the application for the residence permit is presented and must be maintained for a minimum period of five years from the date the residence permit is granted.
Retired Foreigners Tax Regime
These are the conditions to be considered a resident in Portugal:
(A) Stays there more than 183 days, with or without interruption;
(B) Having stayed there for less than 183 days, has at his own disposal on 31 December of that year a dwelling place in such conditions that it may be inferred that there is theintention to keep and occupy it as an habitual abode;
(C) Be a member of a family unit, since whom, the 31 December of the year that the income relates, one of the elements of this family unit is considered a resident for tax purposes in Portugal. Retired foreigners who want to establish permanent residence in Portugal (for tax purposes), and have not had tax residence in Portugal in the last five years, enjoy a total tax exemption for a period of 10 years. This term can be extended.
Those who benefit from a pension paid in a country with which Portugal has established double taxation agreement, will no longer pay taxes in their country of origin because is now a Portugal habitual resident and also will not pay taxes in Portugal under the special legal exemption.
Tax System in Portugal /Residence