Special tax and immigration regimes for new residents of Portugal
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Following the Government’s presentation of the Budget proposal for 2023, the latter proposes the inclusion, for the first time ever, of specific rules aimed at clarifying the taxation of income deriving from crypto assets. Below is a brief highlight of the main changes proposed. Crypto assets defined – “Any digital representation of value or rights …. Read More
The demand for Golden Visas in Portugal in 2021, or Residence Permits for Investment (ARI), as they are officially called, is accelerating, a trend that should continue in the coming months, bearing in mind that in January 2022 foreign real estate investors (from outside the European Union) investing in the coast and metropolitan areas of …. Read More
From 2021 driving licenses issued by the United Kingdom are considered third country licenses. Accordingly, Institute for Mobility and Transport (IMT) released new rules for UK driving licenses. The UK is treated in accordance with the legislation applicable to countries that conform to the International Road Traffic Conventions. This means that holders of UK licenses …. Read More
The Portuguese Government has published on the 12th of February the so waited new rules regarding the residence permit by investment (Decree-Law no. 14/2021 of 12th February), more commonly known as the Portuguese Golden Visa. These new rules will only enter into force on the 1st of January 2022. This is good news, as investors …. Read More
On November 10, 2020, Organic Law No. 2/2020 was published, which introduces important changes to the Nationality Law (Law No. 37/81, of October 3). The changes introduced recently allows for children of foreigners born in Portugal, in which at least one of the parents legally resides here for at least one year, to become Portuguese …. Read More
It is not new to anyone that Portugal is considered one of the best destinations in Europe to live, either because of its warmer weather compared to other European countries, the possibilities of investment, better quality of life or its beautiful landscapes, Portugal has a relevant differential for those who want to relocate. If you …. Read More
Over the past year there has been much speculation on the proposed changes to the Portuguese Golden Visa (GV) program of which we have reported in our Blog. In February 2020 the State Budget Law for the year contained an authorization allowing the Government to amend the program. The authorization was finally used and the …. Read More
UK citizens have until the 31 of December 2020 to relocate to Portugal under the current rules and establish residence in Portugal. UK nationals relocating to Portugal within the Brexit transition period will be granted: A Certificate of Residence valid for five years, keeping the freedom of movement within the Schengen Area; Eligibility to apply for …. Read More
Changes to the Golden Visa program are likely to be implemented until the end of 2020 meaning that as of 2021 it will no longer be available for people investing in property in the areas of Greater Lisbon, Porto and coastal regions. Starting next year, property investment as a vehicle to obtain a Golden Visa …. Read More