Why investing in Portugal and in particularly in the Algarve?
Do we really need to tell you why you should invest in Portugal? If you are on our website it’s because you have realized the potential of the Algarve/Portugal where you can enjoy 300 days of sunshine.
Where to start really … Famed for its history, Portugal has a lot to offer in terms of culture, art, music, gastronomy, wines. Portugal is a country with a worldwide history. Portuguese discoveries (Portuguese: Descobrimentos portugueses) are the numerous territories and maritime routes discovered by the Portuguese as a result of their intensive maritime exploration during the 15th and 16th centuries. Portuguese as a result is one of the most language spoken in the world. Discover a culture and architecture revealing influences from the world. Travel in time through charming villages, castles and palaces. Even though the Mediterranean doesn’t bathe Portugal; it’s fair to say that its influence is clear on its climate, lifestyle and gastronomy. From meaty dish to seafood extravaganza, Portuguese cuisine will surprise you by the quality, diversity and taste of its dishes: alheira, cataplana, ameijoas a bulhao pato, queijo da serra that you will be able to pair with awarded wines from the Douro, Alentejo or one of the many wine regions. When in Portugal, you will have the chance to discover amazing like some of the most beautiful beaches in Europe like Ponte da Piedade, check out what the Huffington Post said about it …
Sports orientated people will be spoiled by the choice. Portugal and especially the Algarve due to its climate is a paradise for sports lovers: hiking, cycling, water sports, equestrian sport and all year around. In 2013, 2014 and 2015 Portugal was awarded by the World Travel Awards as the “Best Golf Destination of the World” and Algarve was appointed by the International Association of Golf Tour Operators (IAGTO) as the “European Golf Destination of the Year 2014″. Do you remember where the biggest waves were ever surfed … In Portugal! Check out the video
Portugal has won many awards, awarded to be one of the best countries in the world to retire,
It’s also one of the safest countries in the world … In the Global Peace Index, this year Portugal has finished 5th …
Whether it is for the safety, its culture or for the cost of life and the pleasant climate, Portugal is sought lately by many. Portugal has the third largest European expat community after Spain and France.
There are many reasons why Portugal attracts a large number of people, many of them for tax reasons. Find out thanks to our partners EDGE why you should consider Portugal as a great place to live and invest. If you have any questions, please do not hesitate to contact us.
Portugal has put in place the status of ‘non-habitual resident’ NHR, reserved to foreigners that have decided to declare themselves fiscally resident in Portugal. The NHR status will only be granted if the latter has not been a tax resident for the previous five years in Portugal. This tax system is very advantageous; it is reserved exclusively for European citizens. For non-European residents, the ‘Golden Visa’ has been set up. To get the Golden Visa, you need to fulfil some obligations. To learn more, you can read the documentation provided by our partner EDGE, law firm.
More useful information:
Golden visa (pdf)
Property taxes (pdf)