Investment by Golden Visa tripled in July
In July 2019, the total investment made by Golden Visa was 98 292 572.04€, up 276% over the same period last year.
In July 2019, the total investment made by Golden Visa was 98 292 572.04€, up 276% over the same period last year.
On July 23 was published in the Diário da República the Ordinance No. 230/2019, of July 23, which corresponds to the changes made in Ordinance No. 12/2010, of 17 January, which defines the activities of high added value for the purpose of Non-Habitual Residents (NHR) tax regime.
Hong Kong residents increasingly see Portugal as a gateway to Europe. According to the South China Morning Post, the people of the former British colony are concerned about the erosion of freedoms lived in the country and therefore consider obtaining Portuguese citizenship.
The Portuguese government is finalizing changes to the NHR regime, which seeks to attract foreign skilled retired workers to Portugal by offering them generous discounts on the IRS.
For the third consecutive year, the number of foreigners living in Portugal increased, with 480,300 people having residence permits. This figure includes immigrants (nationals from non-Schengen countries) and resident foreigners (citizens of EU and Schengen countries).
With the lack of labor in Portugal, Portuguese companies will increasingly look abroad, mainly in Brazil, France and India.
At the end of March 2015, Decree-Law No. 30-A / 2015 of February 27, which allows the granting of Portuguese citizenship to descendants of Sephardic Jews, entered into force.
Forbes magazine recently considered Portugal one of the 7 best European countries for a foreign citizen to acquire residency and European citizenship. This magazine presents the advantages that Portugal offers to Americans interested in establishing their residence in Europe or obtaining a European nationality.
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