← Back
January 8, 2021

Portugal Golden Visa Advantages

Portuguese Golden Visa program that was launched in 2012, is one of the most popular ways to gain European Residency. The Portugal Golden Visa Program offers investors not only various affordable investment options but also the possibility to live, work and study for the whole family.

Managing Director of Mann’s Solutions Evgeny Pavlov commented:

“Portugal Golden Visa Program is one of the most popular among EU investors. It is clear that both business owners and families benefit from the program. Entrepreneurs get an opportunity to register their business at International Business Centre of Madeira and benefit from incentives, when on the other hand, families get access to excellent healthcare and educational system of Portugal.”

Being dynamic and culturally vibrant, Portugal offers many benefits for its residency holders, some of them are the following:

  1. The Portugal Golden Visa is an easy way to European Citizenship, investors and their families who successfully obtain residency will be able to travel without visa to Schengen area countries. Moreover, residency holders are eligible for Portuguese Citizenship after 5 years, which grants visa-free travel to more than 184 countries around the world.
  2. Considering the fact that demand for Real Estateis constantly rising, Portuguese real estate market is a great investment opportunity for those who would like to maximize their financial benefits. With rapidly growing tourism sector and Lisbon real estate market ranked one of the best property investment destination in European Union, Portugal also offers beneficial tax regime for NHR (non-habitual residents).
  3. 3. Upon receiving residency in Portugal, investors and families gain access to health and education systems. Children can be enrolled to private and public schools that provide high quality education, in addition to that the whole family is able to benefit from Portuguese universal health care system, which consists of many top-class clinics and hospitals.
  4. MIBC– Madeira International Business Centre offers lots of incentives, mainly of a tax nature that have been approved by EU until 2027. For appropriate international companies these incentives are very attractive. The tax benefits for MIBC registered business include:
  • Reduced corporate income tax rate of 5% for active income.
  • Tax exemption for stamp duty, property transfer tax, property tax, and regional and municipal surcharges (subject to an 80% limitation).
  • Madeira registered companies are also exempt from withholding tax on the distribution of dividends (if certain conditions are met).
  • The businesses are exempt from service fees, withholding tax on interest and royalties paid to non-residents.
  • Applications of the double taxation treaties and investment protection treaties signed by Portugal.

Investment Options:

Become a permanent resident of Portugal by choosing one of the following three qualifying investments below with requirements of maintaining the investment for a minimum of 5 years from the date the residence permit is granted:

1. Property Acquisition From €280,000

✓ €500,000 – purchase residential or commercial real estate
(€400,000 – reduced rate of 20% applied when purchasing a real estate located in low GDP or low populated density areas).
✓ €350,000 – purchase residential or commercial real estate over 30 years old requiring renovation.
(€280,000 – reduced rate of 20% applied when purchasing a real estate located in low GDP or low populated density)

2. Creation of 10 Jobs or Business Investment

✓ Create a minimum of 10 new jobs
OR
✓ Invest a minimum of €350,000 in business and create a minimum of 5 permanent jobs

3. Capital Transfer From €1,000,000
Applicants are required to make a capital investment into specifically approved investment options or Portuguese bank account.

 

LONDON BASED SOLUTION ADVISERS – Portugal Golden Visa

Full Support with our Immigration Advisers & Property Consultants:
Property search based on your requirements (from residential properties to high-value luxury developments)
• Property virtual tours, 3-D tours and in-person tours available.
• Due diligence checks and additional property checks completed by our experts.
• Residency & Citizenship document preparation and submission.
• Full support from until you receive your second passport & residency.

Mann’s Solutions is international immigration law firm with offices in London, Hong Kong and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers regulated by OISC.
For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.