Incentives to Invest in Portugal

Incentives to Invest in Portugal

Portugal has been undergoing a major change in recent years, from being a small isolated country in Europe, to become the desire of consumption of Europeans, Asians, Brazilians and more recently Americans.

 

 

Tourism continues to grow from 24 million visitors in 2018 to over 15 million foreigners.

 

According to the print edition of Jornal de Negócios, last year the estimated direct impact on the Portuguese economy was 14.3 million euros and this year is projected to reach €15 million.

 

Golden Visa - It is a quick way for foreign investors from non-EU countries to obtain a valid permanent residence permit in Portugal, as well as allowing them to travel freely in most European countries (Schengen Area). provided for by law to obtain a residence permit in Portugal.

The most conventional forms are the transfer of capital in the amount of €1,000,000 or more or the acquisition of real estate in the amount of €500,000 or more;

 

Non Habitual Resident - In order to encourage the migration of people with valued professional skills and high purchasing power to their lands, Portugal has created a differentiated tax regime for non-habitual residents, the RNH. Tax reduction and special conditions for 10 years.

 

Portugal 2020 - Partnership Agreement with the European Commission. This agreement defines the principles and objectives of the economic, social and territorial development policy for Portugal. The agreement provided for €25 billion in financial support to be implemented by 2020.
 

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