.affiliate-box-container a { .in-post-simple-cta a:hover { Basically, that visa is the first step to getting permanent residency. Below is information on entry and residence visas. World Nomads Travel Insurance, Built for individuals traveling outside their home country for more than 5 days - include coverage for COVID-19 (SARS-CoV-2)* Get a Quote: This is only a short-term option though, as the period of study can be no longer than six months to qualify you for a residence permit in Portugal. It is also possible to include your dependents in this kind of application for residency. Each month in International Living magazine, we share the actionable, on-the-ground guidance you need to match the retirement dream you see in your mind with a real-world spot where you could make it your reality. .affiliate-box-container { } Your temporary residence visa will be granted after you have had your interview. }}. "acceptedAnswer": { border-radius: 5px; You may apply for Portuguese citizenship after six years. An intermediate rate of 13% and a reduced rate of 6% may apply for certain goods and services.Regarding corporate taxation, resident entities are subject to corporate income tax, a progressive surcharge and municipal surcharge. This will help you understand how to apply for Portuguese residence if you’re already here. Issued initially for a period of one year, this visa can be renewed every two years afterward. justfy-content: center; "mainEntity": [ } general regime l startup visa l investment l family reunification l others. Requirements are different depending on the type of investment route that you choose. .cta-link { Tax-residents are subject to tax on their worldwide income, while non-residents are taxed on … The application is then forwarded to the Serviço de Estrangeiros e Fronteiras in Portugal for consideration. Once that visa is accepted, you’ll apply for residency with the Portuguese government. Sign in to access your subscriptions and subscriber-only content. Temporary residence visas are initially granted for one year, followed by two consecutive two-year terms. A temporary residence permit is valid for one year from date of issue.

There are a number of different ways to make Golden Visa investments, although the most popular method is through real estate. } Contact us for further information.". color: white; font-weight: bold; You must apply for a residence visa in a Portuguese embassy or consulate. • To set up investments display: FLEX; • To establish an independent business Flag Theory is an internationalization and offshore solutions provider, and the creator of residencies.io. As mentioned before, citizens of the EU and the European Economic Area (EEA), as well as Swiss nationals, don’t need a residence visa to live in Portugal. One major benefit of this residency program is that you will have a full tax exemption on foreign-source pensions, dividends, royalties, interest income for 10 years. employed l self-employed l highly qualified l transferred workers. Con… align-items: center; Get a Quote: } Romance, culture and adventure awaits in Portugal. "@type": "Question", For more details on what you need for this type of residency, see the Consulado Geral de Portugal website and the Diário da República Eletrónico (DRE) for the exact legal requirements (websites are in Portuguese). this website. font-size: 12px; text-decoration: none; You’ll navigate a lot of paperwork and bureaucracy to get residency in Portugal, and you’ll start by applying for a visa. 50% of gross gains derived from the sale of shares held on unlisted micro and small companies are subject to taxation.For tax residents, 50% of capital gains from the sale of real estate is taxed at marginal rates from 14.50% to 48%. Flag Theory is an internationalization and offshore solutions provider, and the creator of residencies.io, Your privacy is important for us and we will keep your information secure. The visa you apply for will depend on your circumstances: student, investor, or retiree, for example. representations or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of To qualify for a Golden Visa, you must either bring €1 million (just over $1.36 million) into Portugal, create 10 jobs in the country, or buy a property worth at least €500,000 (about $618,000). text-transform: uppercase; It has borders to the east and the north with Spain, and limits to the south and west with the Atlantic ocean.

Once that visa is accepted, you’ll apply for residency with the Portuguese government." .left { To learn more about Portuguese corporate taxation, legal framework and tax treaties, visit incorporatios.io/portugal.This should not be construed as tax advice. The  first stage in this process is getting a temporary residence permit for five years and then you can opt for a permanent residency. There are a number of different ways to make Golden Visa investments, although the most popular method is through real estate. The key is to be organized and persistent. "@type": "Answer", Retiring in Portugal is also a way to get Portuguese residency if you’re at that stage of life. on the matter(s) in this website please contact our offices and we will refer you to an appropriate legal practitioner. If you do not hear from us during today, please check your Spam inbox or send an email to [email protected], Click to read more about Citizenship and Residency on flagtheory.com An exemption may apply if the property is the taxpayer’s primary residence. How Coronavirus Could Impact Portugal Golden Visa Rules, Choosing the Best International Schools in Portugal. Tourist, I consent the usage of my data for: @media (max-width: 600px) { Attaining your Portuguese residency could also be worth it in the long term if it means you end up with a Portuguese passport. Allianz Care International Health Insurance. color: #ad2803; text-transform: uppercase; Get a quote: , { In all, Portuguese residency allows you to live, study, work, or retire in a beautiful and sunny country. A solidarity rate, which varies between 2.5% and 5%, may apply to taxable income exceeding €80,000.Capital gains are taxed separately at a flat rate of 28%.

to receive internationalization, business-driven structuring intelligence directly to your inbox, Immigration by Investment and Tax Residency, Become an EU citizen, with the right to live, work, do business, invest, own property and access to healthcare and education benefits throughout the European Union, Visa-free or Visa on arrival to 171 countries, including United States, Schengen Area, United Kingdom, Get one of the most valuable passport worldwide, Access to educational and healthcare benefits, The right to live and work in Portugal, without any time limit, Access to healthcare and education system, Be eligible for citizenship in a short period of time, Be eventually eligible for permanent residency, Peaceful, democratic and politically stable country, Travel visa-free across the European Union, Original Bank Reference Letter (Not older than 6 month), Original or Certified copy of Birth Certificate (if applicable), Original or Certified copy of Marriage Certificate (if applicable).

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