YOUR JOURNEY STARTS HERE
Portugal: The Safe Harbour for investments The Phoenicians found in the magnificent natural harbour provided by the estuary of the river Tagus an ideal spot for a settlement. What is today Lisbon was named Alis Ubbo, or “safe harbour” by the Phoenicians. Now, almost 29 centuries later, Portugal is being seen “safe harbor” for investors, especially for Real Estate developers.
Real Estate Investment
Three factors have been driving the demand for real estate in Portugal:
1
the Golden Visa Program which attracted specially Chinese to buy houses over € 500K to get access to UE;
2
the Non-Habitual Resident Regime (NHR) which attracted European citizens from countries with high taxes, (namely Sweden and France among others);
3
the long tradition of Portugal as a holiday destination which drives the sales of second homes (with UK citizens at the top of the list).
On the other hand, the economic reforms result of the Economic Adjustment Programme (PAEF) initiated in Portugal in 2011 and the additional European Funds from the 2020 Horizon many entrepreneurs and established companies find in Portugal the right context to develop their business. Portugal is a “hot” country in respect to the development of start-up but also traditional companies like big European banks choose the country to set up a big part of the back office services.
Portugal Quick Facts

6,360 FOREIGN COMPANY SUBSIDIARIES OPERATING IN PORTUGAL.

- ESTIMATED IN 2016 BY INE

82,09% INTERNATIONALISATION OPENING DEGREE: PERCENTAGE OF WEALTH CREATED IN PRODUCTION THAT AMOUNT TO FOREIGN TRADE.

- PORDATA 2016

25,6% OF THE PORTUGUESE TURNOVER IS MADE UP OF FOREIGN COMPANIES.

- INE 2016

Portugal 2020: EU incentive programme
The Portugal 2020 is the result of a partnership agreement between Portugal and the European Commission, which brings together five European Structural and Investment Funds - ERDF, Cohesion Fund, ESF, EAFRD and FEAMP - which define the principles which set out the economic, social and territorial development policy to promote, in Portugal, between 2014 and 2020. These programming principles are aligned with Intelligent, Sustainable and Inclusive Growth, pursuing the EUROPE 2020 STRATEGY.
KNOW MORE ABOUT PORTUGAL 2020 PROGRAMME
NON-HABITUAL RESIDENT REGIME

The Portuguese investment tax code (“PIT”) established a special tax regime for foreigners, that qualify as residents for tax purposes in Portugal: the Non-Habitual Resident regime (“NHR”). This regime, amongst many other things, aims to attract qualified foreigners and expatriates to perform high added-value activities, as well as individual investments


Under the NHR regime, income such as pensions, dividends, royalties and interest from non-Portuguese sourced income are eligible for exemption from personal income tax (IRS) over a 10-year window period.

ARE YOU INTERESTED IN APPLYING FOR THE NHR REGIME?
LET KLEYA BE A PART OF THAT JOURNEY WITH YOU, REQUEST A CALL BACK OR REGISTER HERE
GOLDEN VISA RESIDENCE PERMIT IN PORTUGAL

Golden Visas date back to the early 1980s and have been facilitating visa-free travel for those who qualify. Portugal’s Golden Visa was introduced during the great recession period, with the hope that it would attract investors into the country’s market. By 2016, 2,788* golden visas were issued.

*Eurostat 2016


This programme grants residency in Portugal to individuals who (i)invest at least 500€ thousand, (ii) create at least 10 jobs in Portugal,(iii) buy a property built over 30 years ago or that is located in areas of urban renovation worth more than 350€ thousand, (iv) invest in artistic production or national inheritance of over 250€ thousand, or (v) transfer capital in the amount or above 1€ million. The most common nationalities that benefit from the program are Brazil, China, Lebanon, Russia and South Africa.

WITH KLEYA’S SERVICES YOU CAN HAVE SOMEONE GUIDE YOU AND SUPPORT YOU DURING YOUR GOLDEN VISA PERMIT APPLICATION PROCESS.
SHOULD YOU WISH TO RECEIVE FURTHER INFORMATION PLEASE REQUEST A CALL BACK.