Lisbon is nowadays one of the most popular destinations in Europe for vacation, investment or home purchasing.
Lisbon’s residential market is going through a unique moment, with excellent options and investment opportunities that benefit the refurbishment of the city and particularly in Lisbon ́s historic districts.
Mostly supported by foreign investment (90% in 2015 and 85% in 2016), this market is now solid and dynamic presenting an excellent option for those looking to invest, diversify income or just enjoy the city’s renowed charm.
The history and tradition, the odd beauty, gastronomy, authentic charm, the beaches, the weather, as well as safety and hospitality are some of the atributes that make Lisbon a unique destination for tourists and investors from all over the world.
In a growth trend since 2015, Lisbon received on average about 35 000 visitors per day, making it one of the most visited european cities. This new trend led to an industry of tourist apartments designed to accomodate short-term visitors (short term rental) which in turn feeds the rehabilitation of targeted apartments and buildings for this use.
Directed to the domestic and international market, this type of investment can be outsourced by specialized operators dealing with all operational matters in exchange for a guaranteed income or a percentage generated by the operation.
The Golden Visa programme launched by the portuguese authorities is a fast track for investors to obtain a fully valid residency permit in portugal and consequently free access to the vast majority of european countries (Schengen area).
Aimed at attracting foreign investment to Portugal, the Golden Visa is a very straightforward and flexible programme, with simple and clear legal requirements. With extremely reduced minimum stay requirements, the Golden Visa is clearly one of the most attractive residency programs for investors in the world.
Portugal recognizes the non-regular resident status since the decree-law of 23rd September 2009. This new regime aims to achieve non-residents that establish a permanent residence in Portugal, as well as temporary residents. This is a fiscal regime that allows non-regular residents to benefit from a special tax rate on some of their income in Portugal, as well as tax exemptions on foreign source incomes.
This status is granted to people who became Portuguese tax residents since January 1, 2009 and who haven’t received this status in the past five years. Therefore, the benefits of non-regular resident extends for a period of 10 consecutive years, after which those who benefited from it will be evaluated according to the traditional system of the Portuguese personal income tax.