TAX AND LEGAL IN PORTUGAL WHEN BUYING/SELLING A PROPERTY

TAX REGIME FOR NON-HABITUAL RESIDENTS (NHR)

Competitive advantages:​

• For a period of 10 years, taxation related to IRS (personal income tax) on labour income in Portugal is at a fixed rate of 20%
• No double taxation for pension incomes or for employment and self-employment income obtained abroad

Answers (click here)

Information leaflet Treasury Portal here (in PT)

GOLDEN RESIDENCE PERMIT PROGRAMME

New legal provisions open up the possibility of foreign investors who enters the country regularly (v.g. holders of valid Schengen Visas, or beneficiaries of Visa exemption) of applying for a  residence permit for pursuing investment  activities by transferring capital, creating jobs or acquiring real estate. 

Residence holders with permits for pursuing investment activities are entitled to: 

You may have these doubts:

- Who can request a residence permit for investment activities?

- How should a request to acquire real estate be filled in?

- How can I request a residence permit for investment activities?

- Family Reunification

- Minimum permanent residency periods


Answers (click here)

WEALTH TAXES

Before moving on, you should know that the concept of property used in Portugal is 

"full ownership"

, which is based on the full and exclusive right to use, enjoy and have immovable property at your disposal. This right gives the Portuguese property system an important competitive advantage.

The Municipal Tax on the Transfer of Property for a Valuable Consideration and Stamp Duty is charged on the acquisition of property.

You may have these doubts:

- What is the Municipal Tax on the Transfer of Property for a Valuable Consideration?

Answers (click here)

(This information is not intended to be a substitute for consulting the applicable legislation)

SOURCE: Turismo de Portugal (Living in Portugal)

BREXIT

RESIDENCE RIGHTS IN PORTUGAL FOR UNITED KINGDOM NATIONALS AFTER THE UNITED KINGDOM’S WITHDRAWAL FROM THE EUROPEAN UNION (BREXIT) - click for more information

Flyer (click here)

(This information is not intended to be a substitute for consulting the applicable legislation)

SOURCE: Serviço de Estrangeiros e Fronteiras (SEF)