GOLDEN VISA portugal www.propertoyou.com
WHY PORTUGAL? The Portuguese golden visa programme is currently one of the most attractive and also one of the most sought after in Europe, due to its flexibility and benefits. An investment of 500,000 or more offers access to a residence permit, also known as a golden visa, for the investor and for their family (spouse, dependent children and ascendants) with the advantage of not needing to permanently reside in Portugal. Bank loans may be obtained for the payment of the property above 500,000 and the property acquired may be rented or leased for commercial, agricultural or tourism purposes. ATLANTIC OCEAN An investment of 500,000 or more offers access to a residence permit, also known as a golden visa (...) After 5 years of investment, the applicant may choose between two options. Maintain the investment, in which case the temporary permit residence may be renewed; or apply for Permanent Residence under Portuguese law. After 6 years, with either temporary or permanent residence permit, the investor is eligible for Portuguese Citizenship. For this, the investor must be at least 18 (or 16, if married or legally responsible), prove that they have no conviction for any significant crime, and pass a simple Portuguese language test. Another important factor to be considered is the fact that Portugal is recognised by the international community as a country capable of attracting foreign investment, due to factors ranging from security and quality of life to property market trends. This is demonstrated by the country s indicators and awards received in 2015.
PORTUGAL Investment 500,000 Type Timescale Europe: Residency 4-6 Months EU & Schlengen Capital Lisbon Population: 10.6M Currency Euro ( ) GDP per Capita USD $21,408 GDP World Rank 43/193
Security Portugal is the 11th safest country in the world according to the 2015 Global Peace Index, which analysed a total of 162 countries. Education Despite their size in comparison with counterparts in other countries, some Portuguese universities are regularly present in international rankings, notably business schools. There are now 3 Portuguese universities among the best in the world: Católica Lisbon School of Business and Economics, Nova School of Business and Economics and the Faculty of Economics of Universidade do Porto, which are 46th, 47th and 64th respectively in the Financial Times ranking. Average Life Expectancy According to an OECD report, Portugal ranks 16th in average life expectancy at birth, above the average in the European Union. The average life expectancy of the Portuguese is 82.6 years for women and 76.5 years for men. (...) some Portuguese universities are regularly present in international rankings, notably business schools. There are now 3 Portuguese universities among the best in the world (...)
Rental Yield France 2,89% UK 3,21% Malta 3,23% Germany 3,34% Switzerland 3,81% Greece 3,83% Spain 3,91% Cyprus 4,23% Portugal 5,77% 0,00% 3,00% 4,50% 6,00% The gross annual rental income, expressed as a percentage of property purchase price. This is what a landlord can expect as a return on his investment before taxes, maintenance fees and other costs. The properties are 120m2 apartments located in premier city centres. Source: Global Property Guide.
Doing business Portugal rose to 25th in the ranking of Doing Business 2015, which assesses standards and regulations that enhance or not the development of business activity. International Tourism Awards In 2015 Portugal was named the best golf destination in the world for the 2nd year running in the 2nd edition of the World Golf Awards. This award is part of the World Travel Awards, one of the most important award programmes in the tourism industry, in which the Algarve (region in the south of Portugal) was considered the best beach destination in Europe. In 2015 Portugal was named the best golf destination in the world for the 2nd year running in the 2nd edition of the World Golf Awards (...) Parque das Nações \\ Lisbon
Price / Income Ratio UK 80.55 France 38.35 Switzerland 15.29 Malta 14.89 Spain 14.64 Greece 14.59 Germany 11.24 Portugal 10.46 Cyprus 8.93 0.00 22.5 45 67.5 90 The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100m 2 compared to the country s GDP per capita. Source: Global Property Guide.
PORTUGAL Portugal offers privileged access to European (500 million consumers) and Portuguese-speaking (250 million consumers) markets and is therefore a strategic starting-point for those seeking access to these markets. Its ports guarantee access to the main maritime routes between the Suez Canal and the Panama Canal, while Lisbon International Airport is one of the main stopovers between Europe, Africa and South America. Operating costs in Portugal are among the lowest in Europe without affecting quality. The average salary is less than half the EU average and office rental prices are also quite competitive. In terms of human resources, the Portuguese value education and experience abroad. This results in a qualified and multilingual labour force that embraces change and innovation. (...) is a fantastic country to visit and live in, with a wide variety of landscapes within short distances, numerous leisure activities and a unique cultural heritage (...) Portugal is a fantastic country to visit and live in, with a wide variety of landscapes within short distances, numerous leisure activities and a unique cultural heritage that harmoniously combines tradition and contemporary life. The mild climate 3000 hours of sunshine a year and 850 km of splendid beaches bathed by the Atlantic make Portugal a perfect destination in every season, just a few hours from European capitals. The food, excellent wines and friendliness of the people complete a high-quality offer of services.
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Lisbon Situated in the heart in Portugal is the capital Lisbon, the largest and most central Portuguese city. Known worldwide for its light and its mild climate all year round, Lisbon is also a city full of monuments. In 2013 and 2014 Lisbon was named the best holiday destination in the world. In Lisbon we can find a wide variety of restaurants offering food from every region of the country and of the world. Lisbon is situated where the river Tagus meets the Atlantic Ocean, which means that we can find white-sand beaches nearby, with bars and extreme sports. In 2013 and 2014 Lisbon was named the best holiday destination in the world. Parque das Nações (also known as EXPO) Parque das Nações is the most modern neighbourhood in Lisbon. On the eastern edge of the city, this vast field is notable for its contemporary architecture and numerous green spaces, where we can watch cultural events, walk along the river bank, take part in sports, and shop, work and live. It is where Expo 98 was held and was subsequently transformed into this multi-functional area where we can also find a station with access to trains, buses, the metro and taxis. As it was built on the banks of the Tagus, Parque das Nações also has a marina and several bars with terraces. Cultural activities are extensive and varied. The Oceanário, one of the largest aquariums in Europe, is one of the main attractions. In addition to many other species, visitors attention is particularly attracted to the huge manta rays and fearsome sharks, lording over the huge central tank. More recently, the Casino de Lisboa has been added to the Parque das Nações. It has 3 floors, more than 1000 slot machines, 22 gaming tables and an auditorium.
Lisbon
Cascais Buying real estate in Portugal attracts certain taxes, stamp duty and fees. We recommend investors budget for 9%-10% in total, the main element being Property Transfer Cascais is Tax a town (IMT). situated on the west coast of Portugal, where the Tagus meets the Atlantic Ocean. When visiting Cascais, it is difficult to imagine that this luxurious town was once a humble Family fishing village. Its transformation into tourist destination began in the 19th century, when the nobility began to build holiday mansions here. Nowadays, its beautiful beaches with attractive Qualifying water sports, family its members night-life include and its spouse proximity and all to Lisbon make children Cascais one under of the 18. most Children appealing 18 and holiday over can destinations. qualify if dependent. Dependent parents may also qualify Taxes Estoril Casino Investors The Estoril will Casino only is be the taxed largest on their and most worldwide diversified income entertainment they and are leisure resident complex in Portugal in Portugal. for over It 183 is also days the in any largest ca- if Investors sino in Europe. will only be taxed on their worldwide income if Situated they are in resident Estoril, 18 in Portugal km from for Lisbon, over Estoril 183 days Casino any is considered an However, ex libris Portugal of tourism has in a very Portugal. favourable tax regime year. for True anyone to its considering tradition as living the oldest in the country. casino in No Portugal, taxes areestoril charged Casino is on a overseas magnificent income and for ultra-modern the first 10 multifunctional years. For entertainment non-resident and leisure individuals centre, tax with is charged the exceptional at 28% onquality in those income taste and derived outstanding the service country. that This is can its trademark. be reduced with expenses for rental income. Capital gains tax is 28% and there are allowances for costs and depreciation. There is no inheritance tax in Portugal. Annual property taxes (IMI) can vary between 0.3% and 0.8% of the property valuation, but there are a range of exemptions. Living and Working Applicants deciding to live full time in Portugal will require The medical Estoril insurance. Casino However is the families largest will have access to all public services including state and most diversified entertainment medical care and schooling. State schooling follows the and Portuguese leisure curriculum complex but in there Portugal. are many English international schools also. Applicants also have the right to work in Portugal and set up a business there. It is also the largest casino in Europe. Travel Gaining visitor visas to travel to Europe and the Schengen zone has become problematic from many countries in the Middle East, Asia and Africa. Once granted, the Portuguese residence permit allows freedom of travel throughout the EU Schengen zone. Applicants need to simply renew the golden visa to maintain this.
Santa Marta lighthouse and House of Santa Maria \\ Cascais
Sintra Classified by UNESCO as a Cultural Landscape on the World Heritage List since 1995, Sintra has inspired artists and poets throughout its history. Its fresh, rich and verdant landscape is enhanced by the exuberant architecture of its mansions and palaces, enveloping Sintra in mystery and romanticism. Just 25 km from Lisbon, it is an enchanting town full of personality and history, with the Palácio da Vila, in the centre, welcoming visitors. At the top of the Sintra Hills is Pena Palace, the epitome of 19th-century Romanticism and a monument and atmosphere that words can barely describe. The Moorish Castle and its walls show another side of Sintra, a warrior side, a memory of the battles of the past. Equally fascinating and worth visiting is Cabo da Roca, the westernmost point of mainland Portugal and the European continent. Its fresh, rich and verdant landscape is enhanced by the exuberant architecture of its mansions and palaces, enveloping Sintra in mystery and romanticism.
Pena Palace \\ Sintra
Beaches An extensive coastline, every beach with fine white sand, a long summer and many hours of sunshine throughout the year make Portugal a natural holiday destination. The quality and beauty of Portuguese beaches are frequently mentioned in international media and it is no coincidence that we have 298 beaches awarded European Flag Blue. Algarve It was from here that the Portuguese set sail for other lands in the 15th century and it is in the Algarve that we warmly welcome most of those who visit us. Even the mild and sunny climate is warm all year round. Also with beaches of excellent quality: endless beaches, backed by golden cliffs, almost deserted islands that separate Ria Formosa from the ocean, and small bays, sheltered by rocks. The ocean, in every shade of blue, almost always calm and warm, is ideal for long dips and water sports. And there are also mountains. Where people live in harmony with nature and maintain traditions that they love to share. And still the towns and cities. Silves preserves traces of its Arab past and Lagos of the age of discovery. More cosmopolitan, Portimão and Albufeira are lively day and night. Faro is the gateway to the region, and Tavira a treasure of traditional architecture. To relax, there are numerous internationally acclaimed golf courses. Or treatments at spas and thalassotherapy centres, not forgetting the spa town of Monchique. And hotels, villages, resorts, from the simplest to the most sophisticated. A varied panoply, all offering a genuine welcome. Walking or cycling paths allow you to discover the region, such as the inland Via Algarviana or the Rota Vicentina along one of the most well preserved coastlines in Europe. Boat trips are another ecological way of watching fauna and flora. At the table you can count on fresh fish and shellfish, grilled or cooked in a cataplana, as well as almond and fig sweets, and bitter almond and arbutus liqueurs. A bit of the Algarve sun that visitors can take home.
(...) endless beaches, backed by golden cliffs, almost deserted islands that separate Ria Formosa from the ocean, and small bays, sheltered by rocks. Vale do Lobo \\ Algarve
Our team awaits your contact to help you selecting the best investment. We are available to support your decision and to provide our services, whether you are moving or staying in Portugal. Contact us for an appointment. Av. da Liberdade 240, 1250-096 Lisboa // Portugal +351 211 926 016 +351 96 963 89 04 +351 91 878 80 07 info@propertoyou.com