is the westernmost country in the continental Europe on the Atlantic coast.
In 2020, the Portuguese Republic ranked third in the Global Peace Index (GPI) showing a high standard and safety of living in the country. Portugal is a member of the European Union (EU) and the Schengen Area.
Portugal has reopened its citizenship by investment program providing applicants with a residence permit until they receive a passport. The program requires an investment of at least EUR 500,000 in Portuguese investment funds or venture capital funds.
Portugal has also become the first country to register a local investment fund under the program, which invests in Bitcoin ETFs. This fund is an ideal solution for investors interested in cryptocurrencies but not ready to take on the risks associated with regulation and volatility. This is a great way to reap the benefits while minimizing the risks.
Possibility of obtaining Portuguese citizenship in 5 years after applying for a residence permit
Visa-free entry to the Schengen area
Investors and their dependents can live, work and study in Portugal
Upon receiving a residence permit in Portugal in 2024, Non-Habitual Resident (NHR) status can be obtained, which provides for preferential taxation under certain conditions.
The main benefits of NHR include paying tax on income received in Portugal at a reduced rate of 20%. You may also be exempted from a tax on income received outside Portugal, such as pension contributions, interest, dividends, royalties, as well as income from professional activities abroad, which makes NHR status especially attractive to investors and individuals with high incomes from foreign assets.
