Top Reasons to Obtain the Portuguese Golden Visa – Taxation and Second Passport
Since the Portuguese Golden Visa Program has been introduced in 2012, Property Lisbon has already assisted investors from over sixty countries throughout the process of investment in Portuguese property and the legal process of obtaining the Golden Visa through investment.
Our experience in these processes has enabled us to compile the list of some of the most major aspects of this program that have consistently come as top reasons to make such an investment.
Some of these reasons may be more obvious than others, but we are confident that once the investors understand all the benefits of the Golden Visa program and of obtaining citizenship through investment, they will certainly reassess their priorities.
In this article we will discuss taxation and second passport as another two of the major reasons to invest in Portuguese Golden Visa program.
Not unlike many other countries that offer permanent residency and citizenship through investment, Portugal’s Golden Visa program comes with significantly lower rates of both personal and corporal taxation.
It does, however, go without saying that taxation is a rather complex process and the rates of it depend on many different factors. The country of origin of the client and their personal circumstances are just two of the major factors
that can affect their individual taxation rates. For this reason, we encourage our prospective clients interested in this program to contact us at PropertyLisbon.com and our team of experts will happily provide them with more detail on the subject. The Portugue residency and citizenship through investment program comes with many different options and opportunities for tax reduction and our professional consultants and Property Lisbon will happily provide both basic guidance and specialist advice.
Portuguese citizenship through investment also comes with a right to a secondary passport. Due to the high value of a European passport, many other European countries that offer EU citizenship through investment require considerable investment to be made through their programs.
That is why out Golden Visa program is one of the most benefitial, and therefore one of the most popular in Europe. Through the Portuguese reduced investment option for Golden Visa, the foreign investors can obtain a European passport by investing a mere €350,000 in Portuguese property that is eligible for this program. For more information on this topic, please refer to our article “ Reduced Citizenship Investment Option and its Many Benefits”.
These are the last two reasons for obtaining the Portuguese Golden Visa that we will cover in our articles. There are, of course, many more that make investment into this program an indisputedly good decision, and covering them all in written articles is simply impractical. That is why we, once again, we encourage you to contact us at PropertyLisbon.com and our professional team of consultants will happily answer all and any remaining questions that you may have.
NEW LISBON GOLDEN VISA PROPERTIES FOR SALE
FIND YOUR NEW LISBON HOME