For any other questions not listed here please feel free to contact us and arrange a private consultation.Contact Us
Generally the spouse, all children under the age of 18 and any other legal dependents are included in the application. Under some circumstances other family member may be included.
Primary applicants must be at least 18 years old.
As a resident you are free to work or conduct business in Portugal.
Portugal welcomes new business ventures, PTP can advise on the best corporate structure. Additionally, if you have a business trading across borders, a tax efficient international company can be enormously beneficial.
The residency process will be completed within a few months. Citizenship can be applied for after 5 years. PTP and associates employ all their joint experience to reduce the time scale as much as possible.
There is no tax payable on inheritance to direct in line members of the family, parents, offspring and grandchildren.
Residency, allows free movement of non E.U. citizens within mainland Europe. Additional benefits and freedoms available include bank accounts purchase of motor vehicles and other goods with finance in fact everything that one would expect from one’s home country.
You are free to continue your current economic and lifestyle activities outside of Portugal. Once you have residency, you are free to move within all Schengen agreement countries, which is most of mainland Europe. When it comes to financial matters, there is an obligation to establish certain residency qualifications and in some cases, your home country may require you to comply with conditions to transfer your tax domicile. We can assist in making arrangements such as creating discretionary “Trusts” or Foundations into which assets can be placed and income channelled. This can satisfy conditions in a home country whilst being very tax efficient.
PTP’s relationship with leading European and Portuguese banks means that mortgages of 50 – 60% LTV can be obtained subject to our client meeting the lender’s financing criteria.