Portuguese Property

Mónica Pereira buying agent for Portugal

Mónica Pereira is a Portuguese lawyer acting for international clients and governments. She has lived and worked in eight countries spanning four continents. Constantly moving she understands the importance of finding the right home. Living in London, Mónica maintains close links with Portugal and has much experience of buying, selling and renting various properties for herself, her resident family and friends. Her knowledge and understanding of the Portuguese market and her ability to navigate its bureaucracy in different districts is remarkable.

Why is Portugal a good destination now?

The Golden Visa scheme has proven extremely successful having attracted over €6B in investment into real estate. The appetite to own a property continues undiminished. Despite some geographical restrictions on residential purchases, commercial and industrial investment remain completely unrestricted.

The Golden Visa in more detail

Golden Visa program is an incredibly popular residency by investment scheme for non-EU citizens, providing the opportunity to become a permanent resident or a Portuguese citizen. Staying in the country for a minimum of seven days per year will be sufficient to keep your residence permit.

Portugal Golden Visa Program will not bring any tax responsibility unless you spend more than 183 days there. In case you do, then you become a tax resident in Portugal.

Portugal has a favourable tax regime for foreigners who consider relocating to Portugal and becoming tax residents. Through the non-habitual residency program, the country offers certain and generous exemptions from income tax for the first 10 years of residence.

You can be eligible to apply for citizenship in five years, one of the quickest in Europe.

Golden Visa Eligible Areas

Why else is investing in Portuguese property so desirable?

Increasing levels of investment by UHNWI in Portugal indicates it’s a very attractive destination in which to obtain the right to live, work or study there. A testament to it being a secure, affordable country with a solid infrastructure, superb climate, good health, education and legal systems. Being part of the EU, a Portuguese passport provides the right to travel visa free to 188 countries around the world.

What the press say about new destinations and holiday resorts in Portugal

Article: The Times – The most stylish new hangout on the Portuguese Riviera

Article: The Times – The hip new hotel transforming Portugal’s surf capital