Living in Portugal, family reunification, for the purpose of investment or simply a new start in life, is an option for those looking for a stable, safe and quality of life country with relatively low cost.
In the early stages, in order to make the right decision, it is necessary to have monitoring of who can really help with the right information and transparency in the procedures to avoid unexpected consequences after moving to another new country or receiving the first tax calculation in their new home. Only comprehensive tax and migration advice can guarantee sustainable financial benefits.
In Portugal, the acquisition of assets through structured investment vehicles can result in substantial tax savings. Before considering a considerable investment in Portugal, the structuring alternatives must be carefully evaluated.
The - GOLD VISA - is an authorization for entry and residence in Portugal, granted to non-natural citizens of the European Union or residents outside the Schengen Area in exchange for a large financial investment or job creation.
The granting of golden visas, created within the scope of the Residence Authorization Program for Investment Activity in Portugal (ARI), is basically done according to three requirements:
- Acquisition of real estate with a value equal to or greater than 500 thousand euros.
- Transfer of capital in the amount equal to or above one million euros.
- Creation of at least 10 jobs.
Anyone who has not been a resident during the last 5 years, can obtain a special tax regime, that of “Non Habitual Resident”, under which revenues originating outside Portugal are not taxed for 10 years, in the case where minimum stay are observed.